The total cost of the raw materials required for production is $728,840, and the total cost of goods sold is $562,700.
You must take into account the raw materials required for the specified ending inventory and deduct the beginning inventory from the total cost of raw materials needed for production.
Given: 52,000 widgets were produced.
0.9 units of raw material per widget.
13,500 units are the desired final stock.
7,100 units of initial raw materials inventory
Raw material price per unit: $13.7
Total raw materials required for production:
Raw materials per widget × Widget production
0.9 units/widget × 52,000 widgets = 46,800 units
Raw materials required for ending inventory:
Desired ending inventory - Beginning inventory
13,500 units - 7,100 units = 6,400 units
Total raw materials required:
Total raw materials for production + Raw materials for ending inventory
46,800 units + 6,400 units = 53,200 units
The total cost of raw materials required:
Total raw materials required × Cost per unit
53,200 units × $13.7/unit = $728,840
To calculate the total cost of goods sold (COGS), you need to consider the units sold and the cost per unit.
Given:
Units sold: 41,000 units
Total cost of goods sold:
Units sold × Cost per unit
41,000 units × $13.7/unit = $562,700
Therefore, the total cost of the raw materials required for production is $728,840, and the total cost of goods sold is $562,700.
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The complete question is:
The ABC Company is planning on producing 52000 units of a Widget. The widget uses 0.9 units of raw material. The ABC Company desires an ending inventory of 13500 units but currently has a beginning raw materials beginning inventory of 7100 units. If the raw materials cost $13.7 per unit, what is the total cost of the raw materials required for production? If the company is planning on selling 41000 units, what is the total cost of goods sold?
Explain how the forms of demand supply will eliminate a market surplus
Answer and Explanation: 1
Answer and Explanation: 1A market surplus is when the quantity supplied of a good is greater than the quantity demanded. We can also say there is excess supply. This happens at a certain price that is above the market equilibrium which causes more of a product to be supplied than consumers are willing to buy. It is the opposite of a shortage.
Answer and Explanation: 1A market surplus is when the quantity supplied of a good is greater than the quantity demanded. We can also say there is excess supply. This happens at a certain price that is above the market equilibrium which causes more of a product to be supplied than consumers are willing to buy. It is the opposite of a shortage.The market attempts to resolve the surplus by pushing the price down until it is at its equilibrium. A lower price will reduce the quantity supplied and increase the quantity demanded.
1.research all entry level of position of hotel 2.job description
3.job title
4.job summary
5.job responsibility
please help me please help due date na nito bukas
Answer: Please Rate + Thank + Brainliest
Explanation:
Sure, I can help you with that! Here's some information on entry-level positions in hotels, including job descriptions, job titles, job summaries, and job responsibilities:
Entry-Level Positions in Hotels:
Front Desk Clerk/ReceptionistHousekeeping StaffFood and Beverage Server/AttendantMaintenance Worker/TechnicianPorter/BellhopJob Description:
Front Desk Clerk/Receptionist: responsible for checking guests in and out, answering phone calls and emails, making reservations, and handling customer inquiries and complaints.Housekeeping Staff: responsible for cleaning guest rooms, common areas, and public spaces, replenishing supplies, and reporting any maintenance issues to the appropriate department.Food and Beverage Server/Attendant: responsible for taking food and beverage orders, serving guests, setting up and cleaning dining areas, and handling payment transactions.Maintenance Worker/Technician: responsible for performing routine maintenance tasks, such as repairing equipment and fixtures, painting, and cleaning.Porter/Bellhop: responsible for helping guests with their luggage, directing them to their rooms, and providing information about the hotel and its amenities.Job Titles:
Front Desk Clerk/ReceptionistHousekeeping StaffFood and Beverage Server/AttendantMaintenance Worker/TechnicianPorter/BellhopJob Summary:
Front Desk Clerk/Receptionist: Provide excellent customer service to guests, check guests in and out, and handle guest inquiries and complaints.Housekeeping Staff: Ensure the cleanliness and comfort of guest rooms and public spaces, report maintenance issues to the appropriate department, and replenish supplies as necessary.Food and Beverage Server/Attendant: Provide excellent customer service, take food and beverage orders, serve guests, and handle payment transactions.Maintenance Worker/Technician: Perform routine maintenance tasks, repair equipment and fixtures, and keep the hotel in good condition.Porter/Bellhop: Provide assistance to guests with their luggage, direct guests to their rooms, and provide information about the hotel and its amenities.Job Responsibilities:
Front Desk Clerk/Receptionist:Check guests in and outHandle phone calls and emailsMake reservationsHandle guest inquiries and complaintsHousekeeping Staff:
Clean guest rooms and public spacesReport maintenance issues to the appropriate departmentReplenish supplies as necessaryFood and Beverage Server/Attendant:Take food and beverage ordersServe guestsSet up and clean dining areasHandle payment transactionsMaintenance Worker/Technician:
Perform routine maintenance tasksRepair equipment and fixturesKeep the hotel in good conditionPorter/Bellhop:
Provide assistance to guests with their luggageDirect guests to their roomsProvide information about the hotel and its amenitiesI hope this helps!
he changes in the American business system that have had the most dramatic impact on the workings of the free enterprise system are the changes in Multiple Choice the labor force. technology. financial regulations. consumer behavior.
It should be noted that the most dramatic impact on the workings of the free enterprise system is felt by changes in the labor force.
What is Free enterprise?Free enterprise serves as the freedom of individuals and businesses to undergo regulation.
It gives the individuals in businesses to create, produce on their own, no one forces people against their belief and this is felt by labor force.
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1. how many members participate in h&m’s loyalty program worldwide?
Answer:
H&M now has over 100 million members.
Explanation:
hope it can help
why all choices are economic choices?
Answer:
All choices are economic choices because with every choice we make, we are (sometimes subconsciously) analyzing the costs and benefits of our options. Our choices are guided by self-interest and every choice we make involves some kind of cost, whether it be time or money or something else.
Find the future value of an annuity with payments of $650 with 1.35% compounded semiannually for 3 years.
The future value of the annuity with payments of $650, compounded semiannually at 1.35% for 3 years, is approximately $20,903.46.
To calculate the future value, we can use the formula for the future value of an ordinary annuity: FV = P * [(1 + r/n)^(n*t) - 1] / (r/n), where FV is the future value, P is the payment amount, r is the interest rate, n is the number of compounding periods per year, and t is the number of years. plugging in the given values, we get FV = 650 * [(1 + 0.0135/2)^(2*3) - 1] / (0.0135/2) ≈ $20,903.46.
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Carl's monthly take-home pay is $2,000 and his monthly rent is $500 if both his monthly take-home pay in his rent increase $100 what percentage of Carl's take-h...
Answer: 28.6%
Explanation:
Disadvantages of choosing a job that is extremely popular or in demand
The disadvantage of choosing a job that is very popular or a job that is in high demand is that after a while such a job may become saturated or it would become monotonous.
What is a high demand job?This is the term that is used to refer to a job that the people that wpould employ labor are constantly in need of. Such a job is one that would require the people that have the qualification to opt in and get the places and the roles that they are to fill.
The issues that may arise from such a job that is in high demand is that after a period, such a job may have a lot of persons that would want to fulfil the role.
The number of qualified persons may become more than the job that is available for the people to do in the long run.
Hence this is a disadvantage. Therefore I would conclude by saying that the disadvantage of choosing a highly popular job is that the number of persons that are willing to fulfil the role may exceed the job overtime.
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Workplace diversity describes differences among workers in any of the following areas:
attitude
education
ethnicity
industry
Answer:
industry because here based the all the business in whole world
knowing that hands on knowledge is important and that we want to maintain a unified corporate culture and transfer core competencies, which approach for staffing makes sense?
The method of staffing that makes sense in this situation is internal hiring and development.
What is the ethnocentric approach to staffing?This entails identifying suitable individuals already employed by the organization who possess the required expertise and experience, and offering them training and development opportunities to make up any gaps.
By doing this, the business can make sure that all of its employees adhere to the same culture and values and that key skills are shared throughout the company. Additionally, it decreases the costs associated with hiring and training new employees while fostering employee loyalty and retention.
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are the costs related to the product that have to be paid regardless of the amount you sell.
A) Fixed cost
B) Opportunity costs
C) Variable costs
D) none of the above
Answer:
C) Variable costs
Explanation:
1. Choose a well-known company that you know of, and answer the following questions about it:
Answer:
what type of company
and which other questions
Gilberto Company currently manufactures 65,000 units per year of one of its crucial parts. Variable costs are $1.95 per unit, fixed costs related to making this part are $75,000 per year, and allocated fixed costs are $62,000 per year. Allocated fixed costs are unavoidable whether the company makes or buys the part. Gilberto is considering buying the part from a supplier for a quoted price of $3.25 per unit guaranteed for a three-year period. Calculate the total incremental cost of making 65,000 units. Incremental Costs to Make Relevant Relevant Total Amount per Fixed Costs Relevant Costs Unit Variable cost per unit $65,000.00 126,750 Fixed manufacturing costs Allocated fixed costs Total incremental cost to make 126,750
Answer:
Explanation:
cost of making in-house
Variable cost = 1.95 * 65,000 = 126,750
Related fixed cost = 75,000
Unavoidable fixed cost= 62,000
Total cost of manufacturing = 263,750.
cost of buying
Unit cost = 3.25*65,000 = 211,250
Unavoidable fixed cost = 62,000
Total cost of buying = 273,250 .
Cost of buying is higher than the cost of making
Incremental cost buying = 273,250-263,250 = 9,500
Recommendation
Gilberto should manufacture in - house instead of buying.
1. What is the difference between traditional
and market economy?
A traditional economy is based on customs, beliefs, and traditions passed down through generations, where the production and distribution of goods and services are based on what has been done in the past. In contrast, a market economy is based on supply and demand, with prices set through negotiation between buyers and sellers in the marketplace. The production and distribution of goods and services in a market economy are determined by consumer preferences and the laws of supply and demand. In a traditional economy, economic decisions are made by the community or tribal leaders, while in a market economy, individuals make economic decisions based on their own self-interest. Overall, the key difference between traditional and market economies is the way economic decisions are made and the role of customs and traditions in shaping the economy.
name two methods used to measure inequality of income in a country
The most commonly used inequality measure are the Gini coefficient ( based on Lorenz curve ) and the percentile or share ratios. This measures try to capture overall dispersion of income; how were they tend to people different leavles of importantance on the bottom middle and top end of distribution .
I hope it is helpful for you .
what is the shape of curve for all cooperative processes?
Cooperative processes can be described by a variety of different curves depending on the specific process in question. However, one general characteristic of cooperative processes is that they exhibit sigmoidal, or S-shaped, curves. This sigmoidal curve can be described mathematically by a logistic function, which is commonly used to model the growth of populations, the spread of disease, and the uptake of drugs or other substances.
The sigmoidal curve typically consists of an initial phase of slow growth, followed by a period of rapid growth, and then a final phase of saturation or plateau. This pattern reflects the fact that cooperative processes often require some threshold level of cooperation before they can start to take off, but once that threshold is reached, they can quickly accelerate and become self-reinforcing.
Examples of cooperative processes that exhibit sigmoidal curves include the formation of protein complexes, the spread of cultural memes, the adoption of new technologies, and the emergence of collective action in social movements. By understanding the shape of these curves and the underlying mechanisms that drive them, we can better predict and influence the behavior of complex systems in a wide range of fields.
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Investment, as defined by economists, would not include which of the following? Ford
A. adds 1,000 new cars to inventories
B. buys U.S. government bonds
C. buys a new robotic machine (from a plant in Ohio) to assemble cars
D. builds another assembly plant in the United States
Investment, as defined by economists, would not include option B: buying U.S. government bonds.
How to identify an investment?Investment, as defined by economists, refers to the purchase of goods that are not consumed today but are used in the future to create wealth. This includes purchases of machinery, equipment, and structures, as well as expenditures on research and development.
Option A involves the purchase of goods that will be sold in the future, but it is not considered an investment in the economic sense because it does not increase the stock of physical capital in the economy. It is instead classified as an inventory investment.
Option B involves the purchase of financial assets, which are not considered investment in the economic sense because they do not directly contribute to the production of goods and services. Instead, they represent claims on future income and are considered a form of saving.
Option C and D involve purchases of machinery and structures, which are considered investments in the economic sense as they contribute to the production of goods and services and increase the stock of physical capital in the economy.
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Project Integration Management Learning After reading this chapter, you will be able to: - Describe an overall framework for project integration management as it relates to the other project management knowledge areas and the project life cycle - Discuss the strategic planning process and apply different project selection methods - Explain the importance of creating a project charter to formally initiate projects - Describe project management plan development, understand the content of these plans, and describe approaches for creating them - Explain project execution, its relationship to project planning, the factors related to successful results, and tools and techniques to assist in directing and managing project work - Apply the principles of knowledge management to the various aspects of project integration - Describe the process of monitoring and controlling a project - Define the integrated change control process, relate this to the steps for planning for and managing changes on information technology (IT) projects, and create an appropriate change control system for a project that incorporates both - Explain the importance of developing and following good procedures for closing projects - Describe how software can assist in project integration management - Discuss considerations for agile/adaptive environments
Project integration management is the coordination and alignment of different project management processes to ensure that a project is executed successfully within the determined project life cycle.
The project life cycle is a framework that provides guidance on the entire project, and project integration management is essential in managing the interactions of different project management knowledge areas. The knowledge areas, such as project scope, schedule, and cost, need to be integrated and coordinated to meet the project's objectives. The overall framework of project integration management has five key components:
Develop a project charter, develop the project management plan, execute the project plan, monitor and control the project work, and close the project. The strategic planning process is a key element of project integration management, where different project selection methods are applied. The process involves identifying and prioritizing potential projects, assessing their feasibility, and selecting the best one.
The project charter is an important component of project integration management, and it is used to formally initiate projects. It is a document that outlines the project's objectives, stakeholders, and deliverables, among other important project details.
The project management plan is developed after the project charter and describes the approach and methodology used to manage the project. The content of the project management plan varies depending on the project, but it typically includes the scope, schedule, cost, quality, and risk management plans.
Project execution involves implementing the project management plan to deliver the project deliverables. Project execution should be closely monitored to ensure that it aligns with the project plan. Factors that contribute to successful results include effective leadership, teamwork, communication, and the use of appropriate tools and techniques.
Knowledge management is essential in project integration management and involves managing the project's knowledge, information, and expertise.
The monitoring and control process is used to monitor the project's progress and performance and make any necessary adjustments to ensure the project's success. The integrated change control process is used to manage and control changes to the project's scope, schedule, and cost.
The importance of developing and following good procedures for closing projects is that it helps to ensure that the project meets its objectives and that the project team can learn from the project's successes and failures. Software can assist in project integration management by providing tools for scheduling, resource allocation, budget tracking, and risk management.
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if miller and modigliani had incorporated the costs of bankruptcy into their model, it is unlikely that they would have concluded that 100% debt financing is optimal (when corporate tax rate is non-zero). true false
True. If Miller and Modigliani had incorporated the costs of bankruptcy into their model, it is unlikely that they would have concluded that 100% debt financing is optimal when the corporate tax rate is non-zero.
Taking bankruptcy costs into account would introduce the potential negative consequences and financial distress associated with excessive debt. The costs of bankruptcy, such as legal fees, loss of reputation, and disruptions to business operations, create financial risks for firms. As a result, an optimal capital structure would involve a balance between debt and equity to minimize the overall costs and risks to the firm, rather than favoring 100% debt financing.
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what is an appropriate estimate of havasham’s terminal value as of the end of 2017 using the perpetual-growth equation as your estimate?
To estimate Havasham's terminal value as of the end of 2017 using the perpetual-growth equation, we would need certain financial information about Havasham, such as its free cash flow or earnings.
The perpetual-growth equation, also known as the Gordon Growth Model, is used to estimate the value of a company's future cash flows beyond a specific period, assuming a stable growth rate. The formula is as follows:
Terminal Value = Final Year Cash Flow / (Discount Rate - Growth Rate)
To calculate the terminal value, you would need the final year cash flow, the discount rate, and the growth rate. The final year cash flow refers to the cash flow generated by the company in the last year of the projection period. The discount rate is the rate of return required by investors to account for the time value of money and the risk associated with the investment. The growth rate represents the expected long-term growth rate of the company's cash flows.
Without the specific financial data for Havasham, it is not possible to provide an accurate estimate of its terminal value at the end of 2017. I would recommend consulting financial statements or seeking professional financial analysis to obtain the necessary information for a more accurate estimation.
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The government of Namibia is strapped for cash, and it has decided to tax all foreign investments (such as food packaged in the country) by up to 40 percent of the appraised value. The Namibian government has found that this is the handiest and quickest means of finding operating funds. The economic risk in discussion here is
Answer:
Tax control
Explanation:
Considering the scenario described above, the economic risk in the discussion here is TAX CONTROL.
This is because Tax Control is a means or process of identifying, securing, and controlling a company's tax risks to manage the total tax issues of the company involved.
Hence, in this case, the issue at hand is how the government of Namibia will be using the tax control framework to identify and secure tax returns from foreign investment.
Refer to the revenue arrangement in E18-10. Repeat the requirements, assuming (a) Geraths estimates the standalone selling price of the installation based on an estimated cost of $400 plus a margin of 20% on cost, and (b) given uncertainty of finding skilled labor, Geraths is unable to develop a reliable estimate for the standalone selling price of the installation. (Round amounts to nearest dollar.)
In scenario (a), Geraths estimates the standalone selling price of the installation as $480 based on a 20% margin on the estimated cost of $400. In scenario
The revenue arrangement in E18-10, considering the two different scenarios mentioned. Here's a concise step-by-step explanation:
1. In scenario (a), Geraths estimates the standalone selling price of the installation based on an estimated cost of $400 plus a margin of 20% on cost. To calculate the standalone selling price, first determine the margin amount: $400 * 20% = $80. Then, add the margin to the cost: $400 + $80 = $480. So, the standalone selling price of the installation is $480.
2. In scenario (b), Geraths is unable to develop a reliable estimate for the standalone selling price of the installation due to the uncertainty of finding skilled labor. In this case, Geraths should apply an appropriate estimation method that best predicts the standalone selling price, such as the expected cost plus margin approach or a residual approach if other performance obligations have an observable standalone selling price.
To summarize, in scenario (a), Geraths estimates the standalone selling price of the installation as $480 based on a 20% margin on the estimated cost of $400. In scenario (b), Geraths should use an appropriate estimation method to determine the standalone selling price of the installation, as it is not possible to develop a reliable estimate due to the uncertainty of finding skilled labor.
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a cereal manufacturer wants to know how effective its packaging is in gaining attention. which research method is most appropriate?
A cereal company is interested in how well its packaging attracts attention. The best research method is direct observation.
Packaging is the best marketing tactic, but why is that?Appealing and welcoming packaging is crucial for brand awareness. New products on the market must find a way to immediately make an impression and sway consumers' purchasing choices. Statistics show that 70% of consumers base their opinion of a brand only on the packaging of its products.
What kind of research uses direct observation?a method of data collection when the researcher simply observes or hears the study subjects rather than directly asking any questions or controlling any factors. Direct observation is a useful tool in evaluation studies and field research.
Direct observation, also known as observational study, is a method for gathering evaluation data in which the observer watches the subject in his or her regular environment without altering anything.
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In
, people invest money in a company in exchange for the company’s
.
Answer:
In equity crowdfunding, people invest money in a company in exchange for the company’s shares
Explanation:
Equity crowdfunding is the process in which people invest in start up companies and early stage companies that have not been listed on a stock market in exchange for shares in that company. As a result of the investment, the person becomes a shareholder and makes profit when the company do well but if the company fails, shareholders make losses.
Startups and early-stage companies use this method to raise capital.
what is the most useful thing that a marketer needs to know to learn what customers need?
The most useful thing for a marketer to learn what customers need is to understand their customer base. This means doing research on their target demographics such as their age, gender, income, location and interests.
Marketers should also pay attention to customer feedback, both positive and negative, to better understand what customers want. In addition, marketers should use analytics to track customer behavior and preferences over time to better understand what customers need. Finally, marketers should use surveys and focus groups to gain insight into customer needs and preferences. All of these methods can help marketers better understand what customers need and enable them to create more effective marketing campaigns and strategies.
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12. ………… you there when the fire broke out ?
1) Are 2) Were 3) Will 4) Did
Answer:
Were
Explanation:
Have a good day
Hope I helped
Answer:
were
Explanation:
third person plural
What are two reasons why an environment of mutual influence is desirable? (Choose two.)
· It encourages transparency
· It helps fund Value Streams
· It provides guardrails for decision making
· It centralizes decision making
· It demonstrates respect for people
Two reasons why an environment of mutual influence is desirable include:
a. It encourages transparency
e. It demonstrates respect for people
Mutual influence is an environment where people can share their views and opinions freely without fear. It is desirable because it encourages transparency and allows people to work together. The free flow of information and ideas can help individuals understand the problem from different perspectives. It helps individuals to develop mutual respect for each other, which is the foundation of teamwork.
When people feel respected, they are more likely to contribute their ideas and participate in the decision-making process. It demonstrates respect for people. An environment of mutual influence demonstrates respect for people. People want to feel valued and respected, and when they are given the opportunity to contribute, they feel that their opinions matter and that they are an important part of the team.
Mutual influence ensures that everyone's opinions are heard, and everyone has a chance to contribute to the decision-making process.
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gastroenterology job outlook
All of the digestive system's organs, including the GI tract (esophagus, stomach, and intestines) and biliary organs, are cared for by gastroenterologists (your liver, bile ducts, pancreas and gallbladder.)
What test is most effective for gastroenterology?Upper gastrointestinal series (UGI), ultrasounds, MRIs, CT scans, and X-rays are examples of common imaging examinations used to diagnose gastric disorders. A barium swallow or barium enema may be performed in addition to an X-ray to provide an even sharper image of the gastrointestinal tract.
What are the three digestive diseases?some examplesof a digestive disease (IBS)
a. Irritable Bowel Syndrome
b. the illness Crohn's.
c. Gluten intolerance
What is a gastroenterologist's area of specialization?ERCP, Endoscopy, Colonoscopy, Stomach Slimming Balloon, Liver Diseases, Hepatitis Treatment
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which organization develops and publishes the majority of the consensus standards used in u.s. and canadian jurisdictions?
International Organization for Standardization (ISO) is the organization that develops and publishes the majority of the consensus standards used in U.S. and Canadian jurisdictions.
International Organization for Standardization (ISO) is an organization that helps in forming jurisdiction standards for countries like the United States and Canada.
The consensus is a part f the jurisdiction whose standards are also set by the International Organization for Standardization (ISO). The ISO believes that for countries like the United States and Canada, it is important that an agreement for any kind of jurisdiction be bought through standard consensus as the people of these countries have a democratic set of mind. A general agreement is made through a consensus for forming the jurisdiction.
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Random variations represent either increasing or decreasing movements over many years due to factors such as population growth, population shifts, cultural changes and income shifts.
Answer:
FALSE
Explanation:
THIS IS THE COMPLETE QUESTION
Trends representing either increasing or decreasing movements over many years due to factors such as population growth, population shifts, cultural changes, and income shifts are a component of a time series called "Random Variations"
Random Variation can be regarded as
tendency of an estimated size/ value of a parameter to undergo deviation randomly away from the real/ true magnitude/ value of the parameter.