A clothing chain is considering two different locations for a new retail outlet. They have identified the four factors listed in the following table as the basis for evaluation, and have assigned weights as shown
The manager has rated each location on each factor, on a 100-point basis, as shown under the respective columns for Barclay and Chester.
Factor Factor Description Weight Barclay Chester
1 Average community income .40 30 20
2 Community growth potential .25 40 30
3 Availability of public transportation .15 20 20
4 Labor cost .20 10 30
What is the score for Chester?
A) 10.00
B) 24.50
C) 25.75
D) 27.00
E) 100.00
B
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Total fixed costs for Randolph Manufacturing are $754,000. Total costs, including both fixed and variable, are $1,000,000 if 150,000 units are produced. The variable cost per unit is
A) $6.67/unit. B) $5.03/unit. C) $11.69/unit. D) $1.64/unit.