Please explain proper steps by Step and Fast Answering Please And Do Not Give Solution In Image Format. Gary's business is booming! Plans are in place to expand the existing facility. But in the meantime, both of the key operating divisions needed storage space for their raw materials. Operating Unit Thumbdrive (OUT) needs 2,000square feet of space, and Operating Unit Racket (OUR) needs 3,000 square feet of space. OUT's manager got a bid of $395/month for storage space, while OUR's manager received a bid of $1,185/month for storage space.Gary believes it would be prudent to find space that would fit both of the operating units' needs. The cost of that space-which allows additional room for each unit-would be $1,440/month. He goes ahead and rents this space for6 months. Using the stand-alone method, determine how much of the common storage space cost will be allocated to each operating unit. (Round percentage of total to 2 decimal places, eg. 15.25% and final answers to 2 decimal places, eg15.25.)Common storage space costsUserOUROUT$Total $OUT576.00CostOUR864.00Using the incremental method and further assuming that OUR is the primary user, determine how much of the common storage space cost will be allocated to each operating unit.$JTotalShow Transcribed Text1440

Space Provided: OUT - 2000sq. ft. of space OUR - 3000sq. ft of space Bid: OUT's manager -…

Answered: Please explain proper steps by Step and…

Business

Operations Management

Please explain proper steps by Step and Fast Answering Please And Do Not Give Solution In Image Format.

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

See similar textbooks

Related questions

Q: Please do not give solution in image format thanku please reflect specifically on the concepts of…

A: An individual who performs work for a firm, organization, or business under a contract of employment…

Q: When composing a résumé without much relevant work history, the best thing to do with an…

A: Upsurge its significance by including the job-related skills you increased...

Q: Prepare a 10-minute presentation outlining the importance of professionalism in the workplace (which…

A: Professionalism in the workplace refers to the set of behaviors, attitudes, and qualities that are…

Q: As a senior staff in your company, you noticed that many employees write badly and you believe that…

A: A formal document known as a business proposal is produced by a corporation and given to a prospect…

Q: According to the functions approach of Henri Fayol, managers perform certain activities or functions…

A: Management defines the procedure to work through and with other people to get things completed with…

Q: Read the passage and answer the following questions Harry Davis just finished interviewing a…

A: MedEx, a medical billing company, has a high turnover rate for medical billing specialists. An…

Q: The purpose of the informational interview questions is to learn more about the career and what it's…

A: Interview - It is the face to face interaction of the calling interaction between the two person.…

Q: Match each term with its appropriate definition. A formal request for a job Application letter Proof…

A: The recruitment process incorporates the steps to hire and onboard the required skillset in the…

Q: Which of the following is not a characteristic of a circular letter or departmental instruction.…

A: The letter contains details of any event or changes happening in the company.

Q: How will you validate an interview scheduled for data collection?

A: Interviews are used to collect data from a small group of subjects on a broad range of topics.…

Q: Back office work is typically routine, with many steps having considerable divergence.…

A: Operations management plays a crucial role in every business organization. This branch of management…

Q: For this assignment, you will be required to identify a research topic that is relevant to your…

A: Any research paper should include a literature review because it offers a critical analysis of the…

Q: Can I please get the answer format in a different way as there is a classmate of mine with the exact…

A: New product development is an important process in the field of marketing, which involves…

Q: How does utilizing e-Systems help improve business operations?

A: E-system refers to an electronic system, which is a computer system that processes, stores,…

Q: The question asks you to identify what you think are the three most important problems within the…

A: Effective communication is paramount in today's digital age, where information bombards us from…

Q: Arrange the following steps according to the most appropriate: To talk about my skills that I have…

A: During a job conversation, knowing the aims of the organization and connecting them to individual…

Q: Select one (best) answer. There is no partial credit for partially correct answers. O a. Transient…

A: A sophisticated software system known as enterprise resource planning (ERP) connects many business…

Q: You own a small real estate company that is struggling to make a profit during the downturn in the…

A: Ethics is the social responsiveness of a company. Ethics in management deals with what is right and…

Q: Recording Most insurance companies use the usual, customary, and reasonable (UCR) charges to: O A.…

A: The question is asking about the purpose of the usual, customary, and reasonable (UCR) charges that…

Q: Mr. Paul, with his personal records, qualification and experience certificates, medical tests and…

A: The organization's employees have a comprehensive benefits plan that covers a wide range of…

Q: Please explain the third phrase of this question, thank you.

A: The global media market is a huge industry, with more than $1 trillion of revenue generated…

Q: Can you provide in paragraph form a more detailed answer

A: Qualitative Methodology: Definition: Exploratory research aims to comprehend and interpret complex…

Q: Personal information should be included in a job application letter.

A: A job application refers to a letter that allows organizations to learn about an applicant's work…

Q: At your organization, assume that a new employee has joined the staff and the boss has asked you to…

A: An instructional memo is a mini-guide that offers its readers elementary instructions on things that…

Q: r dissatisfaction over a colleague, where the employee was frustrated because she had been…

A: In every workplace, it is typical for coworkers to disagree and get into a fight. Most issues are…

Q: functions

A: Which among the following is the management functions that bring together all the activities and…

Q: Mr. Paul has joined your health care organization recently. You being the HR manager have to arrange…

A: Businesses that provide competitive benefits packages attract top talent, guarantee current…

Q: PART I: Short Response QuestionsDirections: Please provide responses to the questions below. If…

A: “Since you have posted a question with multiple sub-parts, we will provide the solution only to the…

Q: Attrition is the process of acquiring information on applicants.True or False

A: Recruitment is a process of hiring new candidates to the organisation . It involves choosing the…

Q: Staffing is a critical component of organizational success, encompassing the recruitment, selection,…

A: Effective staffing is crucial or important for organizational success, serving as the foundation for…

Q: Need it in powerpoint format typed out please.

A: Detailed explanation:The feasibility study for Perigord Bakery's international expansion involves…

Q: Customer support is a challenging and rewarding job, but it can also be stressful and overwhelming…

A: The customer specifies an individual or person who buys or purchase something that can be goods,…

Q: what subject line would you pick for an email on this scnerio? You recently made a payment of $250…

A: Subject Line: Request for Clarification Regarding Donation Privacy(Introduction) Dear Ms.…

Q: Using an email or memo inform employees of this new opportunity and make sure they know how to…

A: Hi! Thank you for the question As per the honor code, We’ll answer the first question since the…

Q: Which of the following is the most usable definition of law? A) It is most useful to us to define…

A: A system of rules, regulations, and principles established by a governing entity, generally a…

Q: please do not give solution in image formate thanku INTRODUCTION Assume that Quentin and…

A: Note: This Question is answered in a generalized way.As insurance adjusters responsible for…

Q: Name the function of management which involves making decision in advance? a. Staffing b. Organizing…

A: Management function can be defined as the principles which include the planning, organizing,…

Q: Explain the security of payment, personal information,complaint handling and dispute resolution in…

A: Digital payments have seen a noteworthy rise in popularity in recent years because of the…

Q: During a job analysis interview, a job incumbent tells you that the job requires a great deal of…

A: KSAO means knowledge skill ability and other characteristics which are required to perform the job…

Q: Should Accountants be involved in systems documentation? Explain why.

A: Below is the solution:-

Q: Agency at will is how most employer/employee relationships are classified. True False

A: An agency at will, also known as an employment at will, is a legal concept that governs the…

Q: A frolic is a small scale deviation from normal business practices and an employer typica…

A: The terms "detour" and "frolic" are crucial in employment law. Employers ought to be aware of these…

Q: Which of the following is primarily the responsibility of an employee in his or her own career…

A: Option "D" is correct. (establishing goals and career plans)

Question

Please explain proper steps by Step and Fast Answering Please And Do Not Give Solution In Image Format.

Gary's business is booming! Plans are in place to expand the existing facility. But in the meantime, both of the key operating divisions needed storage space for their raw materials. Operating Unit Thumbdrive (OUT) needs 2,000
square feet of space, and Operating Unit Racket (OUR) needs 3,000 square feet of space. OUT's manager got a bid of $395/month for storage space, while OUR's manager received a bid of $1,185/month for storage space.
Gary believes it would be prudent to find space that would fit both of the operating units' needs. The cost of that space-which allows additional room for each unit-would be $1,440/month. He goes ahead and rents this space for
6 months.

Using the stand-alone method, determine how much of the common storage space cost will be allocated to each operating unit. (Round percentage of total to 2 decimal places, eg. 15.25% and final answers to 2 decimal places, eg
15.25.)
Common storage space costs
User
OUR
OUT
$
Total $
OUT
576.00
Cost
OUR
864.00
Using the incremental method and further assuming that OUR is the primary user, determine how much of the common storage space cost will be allocated to each operating unit.
$
J
Total
Show Transcribed Text
1440

Expert Solution

This question has been solved!

Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.

SEE SOLUTION Check out a sample Q&A here

Step 1: Inputs for the Problem:

VIEW

Step 2: Stand Alone Method:

VIEW

Step 3: Incremental Method:

VIEW

Solution

VIEW

Step by step

Solved in 4 steps

SEE SOLUTION Check out a sample Q&A here

Similar questions

Write memo You are the manager of WhiteOut, a store that sells snowboarding equipment and clothing. You have seven employees. Since you believed that today would be a light day for sales, you asked only one employee to work. However, suddenly, more customers than you had expected showed up, and you and your employee are overwhelmed. You need help—fast. E‐mailing your other employees might not work, since they aren’t necessarily near a computer. In contrast, you know they all have smartphones. The fastest and most trustworthy way to communicate with them is through instant messaging or text messaging.
A cover letter that accompanies a resume is the applicant's opportunity to explain what they are looking for in a career position. This is the perfect companion to the resume which shows that the candidate is qualified for the position. True ○ False
What are some of the advantages and disadvantages for you as an employee and for the business as the employer in having teleworking or telecommuting and accepted policy
Why is Call centre a critical requirement for most organisations a Because its most often the only opportunity/place that customers get to interact with the organisation b. Because they can take down complaints and create tickets C Because that's what all large organisations have and it's the right thing to have d. Because salespeople are too busy travelling to differing locations
Which of the following is not correct about inside address? a. Inside address is the name and address of the signatory b. Inside address is the name and address of the receiver O c. Inside address is the address that is visible through the panel in a window envelope O d. Inside address and address on the envelope are same
A memo is a business communication between colleagues or employees. You are an administrative assistant. Although specific employees were previously made aware of an upcoming technology training, your manager has finalized all plans for the training. The manager wants you to create a memo telling the 10 employees about the professional development opportunity. You also need to inform them of the following such as what the training is for, what the presenter is, including a brief statement about his/her background, where the training will be held, including the date and time, whether or not parking is available, whether or not lunch and any refreshments will be served.
Communication is a ___________ a. Two way process b. four way process c. one way process d. Three way process
A memo is a business communication between colleagues or employers. You are an administrative assistant. Although specific employees were previously made aware of an upcoming technology training, your manager has finalized all plans for the training. The manager wants you to create a memo telling the 10 employees about the professional development opportunity. Inform them about what the training is for, who the presenter is, including a brief statement about his/her background, where the training will be held, including the date and time, whether or not parking is available, whether or not lunch and any refreshments will be served.
7 In case of schedules the information can be gathered even when the respondents happen to be a. illiterate b. literate and but not busy person c. illiterate and non-cooperative in nature d. Non cooperative in nature
Write a one-page response, double-spaced, 12-point font. Describe the difference between Just-in-time (JIT) and just-in-case (JIC), discussing at least two advantages and two disadvantages of either. Furthermore, apply the concepts of JIT and JIC to a current organization using supporting details from at least two peer-reviewed sources. Include a properly formatted APA reference page.
Interviews can take place in a number of ways (e.g., face-to-face, one-on-one, phone, skype, web, video, panel, forum, structured, non-structured, behavioral, and situational). In preparing for any interview, basic techniques are used. Explore and identify the various ways to prepare for a job interview.