A bag manufacturing company proposed a selling price of $80…
A bag manufacturing company proposed a selling price of $80 per bag for their new range of bags. Fixed costs are $10,000 and variable costs are $40 per bag. At this point their break even point was 250 units. What will be the breakeven point if the variable costs can be brought down to $30?
Read DetailsFreddie, the CEO of MagTel Inc., found that employees are wa…
Freddie, the CEO of MagTel Inc., found that employees are wasting time on unproductive tasks. To solve this issue, he measured one of his employees’ performances and provided regular feedback. This helped the employee to improve his productivity. In doing so, Freddie found that “what gets measured happens.” Therefore, in the context of project management and control, he must use ________ as a managerial review tool to improve financial performance and customer satisfaction of his company.
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