Sunday, February 23, 2020

Case Assignment Example | Topics and Well Written Essays - 750 words - 2

Case - Assignment Example The variable costs increase as the number of units increase. Similarly, the variable costs decrease as the number of units is reduced. However, the fixed costs remain the same at all production quantity levels (increase, decrease or steady sales and production outputs). Since the unit selling price for each boat is $20,000 and the total variable cost of each boat is $8,000, then the contribution margin is $12,000 per boat. To arrive at the breakeven sales, the $24,000 fixed cost amount is divided by the $12,000 contribution margin per boat. The consequent sales (breakeven) is two units. This is arrived at by dividing the $24,000 fixed costs by the contribution margin, $12,000 per boat. To arrive at the breakeven sales amount, the breakeven sales unit, 2, is multiplied by the unit selling price per boat, $20,000. Consequently, the breakeven sales amount is $40,000. The second situation shows the selling price is raised to $25,000 per boat. Consequently, the breakeven sales amount is the sale that results to the same zero profits (Hilton, 2011). Since the fixed cost is $24,000. There must be enough sales cash inflow to defray the $24,000 fixed cost amount. Consequently, the contribution margin must be equal to the $24,000 fixed costs amount to arrive at the same zero profit. Likewise, the data shows that each boat generates variable costs amounting remains at $8,000. Since the unit selling price for each boat is $25,000 and the total variable cost of each boat is $8,000, then the contribution margin is raised to $17,000 per boat. To arrive at the breakeven sales, the $24,000 fixed cost amount is divided by the $12,000 contribution margin per boat. The sales (breakeven) is 1.41units. This is arrived at by dividing the $24,000 fixed costs by the higher contribution margin, $17,000 per boat. To arrive at the breakeven sales amount, the breakeven sales unit, 1.41, is multiplied by the higher unit selling price per boat,

Friday, February 7, 2020

Ethical Theories Essay Example | Topics and Well Written Essays - 1000 words

Ethical Theories - Essay Example Additionally, one of the major uncertainties in the Act Utilitarianism is that it appears to be too lenient, able to justifying some crime, and yet making it ethically compulsory, if simply the worth of the particular outcomes of the particular act is great enough. In addition, there is another major uncertainty and that is act-utilitarianism is much better in theory than in practice, as we barely ever have the time as well as the information to forecast the outcomes of an act, review their worth, and formulate judgments through probable alternative acts (Utilitarianism; Utilitarianism2). In case of Jean’s nephew Pierre, Jean has used illegal means to bring a prescription. In this situation, Pierre’s life was in danger and due to un-availability of medicine he can die. According to Act Utilitarianism the act of Jean has created happiness and offered a great deal of relief from pain. According to Act Utilitarianism Jean has performed a rightful and legal action that ulti mately saved someone’s life. Rule Utilitarianism Oxford moral philosopher R. M. Hare presented a 2-tiered theory that is known as rule utilitarianism. According to this theory, without doubt happiness is the eventual moral value; the means to go after it can be not direct. In this scenario, a 2 tiered theory would assess categories of events normally similar to as telling the truth, murder, remaining realistic in a wedding, breaking promises, regarding parents, caring for children, punishing the innocent, etc. However, some of the categories of proceedings are assessed rather than individual proceedings, a large number of people need to be measured in such estimated scenario should all in a culture be permissible to cheat? If a wide-ranging moral exclusion besides cheating creates more pleasure, then rule utilitarians would ease the moral rule "Don't Cheat." (LawAndBioEthics; Utilitarianism; Utilitarianism2). In addition, the rule utilitarianism is a quasi rule oriented struc ture where policies perform a vital role; however the system completely relies on a standard. In this scenario, the fundamental utilitarian principle is utilized, with facts regarding social communication, to derive rules. Additionally, once the systems are prepared, no direct computation of utility is required. Moreover, the law has to be pursued even if the individual measures produce more pain as compared to pleasure (LawAndBioEthics; Utilitarianism; Utilitarianism2). In case of Jean’s nephew Pierre, Jean is performing a wrong deed. In the light of Rule Utilitarianism, Jean is going against her personal code of law. This leads her to guilty of crime for using his job authority for illegal task. On the other hand she also saved the life of Pierre; this situation takes her to another aspect that she has performed a rightful job. Kantiansim Kantiansim is a viewpoint of ethics that is presented by Immanuel Kant. In this theory, Kant supposed that people should take care of as an end as well as never as a simple means to an end. On the other hand, it is immoral to utilize people for our own personal objective since people are important in themselves. In addition, Kantianism is a non consequential theory outlining the act itself is more significant as compared to the results of that act. In fact, Kant’