Tang Company accumulates the following data concerning raw materials in making its finished product: (1) Price per pound of raw materials-net purchase price $2.30, freight in $0.30, and receiving and handing 10. 20 (2) Quantity per gallon of finished product- required materials 2.70 pounds, allowance for waste and spollage 0.50 pound Compute the following (Round answers to 2 decimal places, eg 1.25) (al Standard direct materials price per pound of raw materials (b) Standard direct materials quantity per galon. pounds (c) Total standard materials cost per galon
Answers
(a) Standard direct materials price per pound of raw materials: The standard direct materials price per pound can be calculated by adding the net purchase price, freight in, and receiving and handling costs:
$2.30 (net purchase price) + $0.30 (freight in) + $10.20 (receiving and handling) = $12.80
Therefore, the standard direct materials price per pound of raw materials is $12.80.
(b) Standard direct materials quantity per gallon:
The standard direct materials quantity per gallon can be calculated by subtracting the allowance for waste and spoilage from the required materials quantity per gallon:
2.70 pounds (required materials quantity per gallon) - 0.50 pound (allowance for waste and spoilage) = 2.20 pounds
Therefore, the standard direct materials quantity per gallon is 2.20 pounds.
(c) Total standard materials cost per gallon:
The total standard materials cost per gallon can be calculated by multiplying the standard direct materials price per pound by the standard direct materials quantity per gallon:
$12.80 (standard direct materials price per pound) * 2.20 pounds (standard direct materials quantity per gallon) = $28.16
Therefore, the total standard materials cost per gallon is $28.16.
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Related Questions
Which occurrence is an emerging trend in International agricultural marketing? A the percentage of agricultural trade is decreasing В. the percentage of agricultural trade is increasing C.agricultural markets around the world are shrinking D. developing nations have moved from net importers to net exporters E. developed nations have stopped trading in agriculture
Answers
Answer:
answer is b
Explanation:
Answer:
the answer is b
Explanation:
i got it right on edmentum
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Why is it important to develop an idea of your potential career cluster now?
Answers
Answer:
It is important for you to get a idea what you would to be in because it is going to help you understand your purpose in life. It is going to help you choose the right college for you.
Explanation:
Somebody report all my post thank you ♀️ I wanted everything deteled !!!!
Answers
The accompanying table shows a portion of the annual returns (in %) for a technology mutual fund and an energy mutual fund from 1982 through 2018.
a. Which fund had the higher reward over this time period?
__________ since it has _________ ___________
b. Which fund was riskier over this time period?
__________ since it has _________ ___________
Answers
a) The technology fund had the higher reward over this time period since it has a higher average annual return.
b) The energy fund was riskier over this time period since it has a higher standard deviation of annual returns.
a. To determine which fund had the higher reward over this time period, we need to calculate the average annual return for each fund and compare them. The technology fund had an average annual return of 10.22%, while the energy fund had an average annual return of 8.02%.
b. To determine which fund was riskier over this time period, we need to look at the standard deviation of the annual returns for each fund. The technology fund had a standard deviation of 18.25%, while the energy fund had a standard deviation of 23.88%. A higher standard deviation indicates more variability in returns and higher risk.
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Question 1
All of the below are examples of noteworthy news that could generate positive media mentions, EXCEPT
Hiring a new employee
A partnership with a local nonprofit that you donate to
Growth of your business into new markets or product lines
A new product or service rollout
Answers
Answer:
A new product or service rollout
Explanation:
While a new product or service rollout can be important for a business, it is not necessarily noteworthy news that would generate positive media mentions. Positive media mentions typically come from news that is unique, impactful, or of significant interest to the public, such as a partnership with a local nonprofit or growth of a business into new markets or product lines. Hiring a new employee is also noteworthy news, as it can demonstrate growth and success for a business.
who knows where you cant get your mom to stop yelling
Answers
Answer:you cant my parents do the same
Explanation:
theres no help
Answer:
if u mom yells at you for a certain (for example if she yells at u for not cleaning up then u should maybe clean so she wouldn't have to yell at u for that reason)
Explanation:
Which of the following describes the best way to answer the interview question, "What is your greatest strength?"
I am a fantastic problem-solver.
I am great at organizing and created a system at my previous job.
I am pretty good at using the computer app for this job.
I have too many strengths and cannot choose one.
Answers
I am a fantastic problem solver.
By saying this you will not look arrogant and overconfident.
You cannot say something like that i have so many strength and cannot choose one. You need to be realistic and you have to give some real life strengths , the strength which are real nothing is fake in that because interviewer is their for checking your realistic nature. He needs to check how real person you are so just belief in your self pick up one greatest strength and speak it out confidently
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If you get equity funding for your business, what will you have to do?
A. Pay back the investors with interest
B. Show investors that you can make payments to them
C. Get approval from an angel network
D. Share ownership with the investors
Answers
Answer:
A pay back the investors with interest I believe
What is the meaning of cash in the balance sheet?
Answers
Answer:
The cash balance reported on a balance sheet is the cash in your bank adjusted for payments and receipts that have not yet cleared. For example, writen but not cashed cheques, or recieved but not yet deposited cheques.
Explanation:
Quebec supplies roughly 75% of the world’s supply of what?
Answers
Answer:
Explanation:
Quebec supplies roughly 75% of the world's supply of maple syrup. The province of Quebec in Canada is known for its vast forests of maple trees and is responsible for the majority of the world's maple syrup production. The syrup is produced by tapping the trees, collecting the sap, and boiling it down to concentrate the sugar. Quebec's reputation for high-quality maple syrup, combined with its large-scale production, has made it the dominant global supplier of the sweet, sticky syrup.
why is Africa called plateaus of plateu?
Answers
Answer:
Africa is called the plateau continent because almost the entire continent is raised above sea level and drops sharply off at the coast.
Explanation:
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Answer:
continent because almost the entire continent is raised above sea level and drops sharply off at the coast.
Explanation:
From each paycheck of your afterschool job, you’re able to save $45 toward the coat. You get paid twice a month. How many months will it take you to save enough money to buy your North Face jacket.
Answers
Answer:4
Explanation:The total in 4 months would equal 360
4 months will it take you to save enough money to buy your North Face jacket.
Saving per month based problem;What information do we have?
Amount save per paycheck = $45
Amount of jacket = 350 (Missing data)
Amount save per month = 2 × Amount save per paycheck
Amount save per month = 2 × 45
Amount save per month = $90
Number of months need = 350 / 90
Number of months need = 3.88
Number of months need = 4 months
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Use this graphic to answer the question.
A new restaurant owner receives a loan of $400,000.00. To help the owner make the right decisions about how to spend the money, another restaurant owner has supplied a general breakdown of costs and a flowchart on how to make investment decisions.
The restaurant is in the business district, and many customers will come in mid-afternoon for lunch. Based on the flowchart and breakdown, which cost is most important to attract these customers?
insurance
food-handler’s license
background music
kitchen equipment
Answers
The food handlers license is the cost that is the most important that would help to attract the customers.
How would the cost attract customers?Based on the fact that the business is licensed to operate, the people would be able to trust the food business.
Hence they would be more likely to be able to go there in order to get the services that they need in the business.
Hence the license is the cost that would help to attract the people
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Fear of a lawsuit prevents many employers from giving totally honest recommendations to former employees. this reflects a change in the ____ component of the general environment.
Answers
Answer:
political/legal
Explanation:
The components of the general environment helps individuals to identify opportunities and threats that exists in an environment and take adequate measures to avoid or exploit them.
In the political/legal component of environment consideration is given to anti trust laws, taxation laws, deregulation, labour laws, and educational policies.
It looks at the legal implications of an action.
In this scenario where fear of a lawsuit prevents many employers from giving totally honest recommendations to former employees, they are considering the political/legal environment.
Which knowledge area has been identified by architects, carpenters, and building inspectors as important in their work?
mathematics
building and construction
design
customer and personal service
Answers
Answer:
Building and Construction
Explanation:
Edg
Explain five steps in product design for a business
Answers
Explanation:
Five phases guide the new product development process for small businesses: idea generation, screening, concept development, product development and, finally, commercialization.
When a firm makes choices between a cost or value position to achieve competitive advantage, it is primarily involved in:
Answers
When a firm makes choices between a cost or value position to achieve competitive advantage, it is primarily involved in: strategic trade-offs.
What are strategic trade-offs?
This is a term that is used in the business word to refer to the sacrifices that a firm would make in order to be able to deliver on its goals.
Trade offs could be the service levels that the firm is not able to achieve.
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your company is manufacturing a new product , you need to establish a product quality control process. what are three things you must do to create/ establish. your product quality control process? (choose 3). 1.) developing the product website and social media campaign ? 2.) setting up your test market strategy ? 3.) review the results of internal quality assurance testing ? 4.) establish the method to use or testing product quality ? 5.) determine what standards have to be met based on the product and industry ? 6.) publish your test results in a popular professional journal?
Answers
Answer:5,4,and1
Explanation:
Type the correct answer in the box. Spell all words correctly.
Which quality helps a leader cooperate with team members?
_____ is a quality that helps a leader cooperate with the team on important matters to achieve company goals.
Answers
Answer:
agreeableness
Explanation:
I got the right answer on edmentum
Amy-Jo works for herself selling weight-loss products door to door. This is
A. not typical, because most door-to-door salespeople work for companies.
B. not typical, because products are rarely sold door to door.
C. typical, because most door-to-door salespeople are self-employed.
D. typical, because most weight-loss products are sold door to door
Answers
Answer:
C. typical, because most door-to-door salespeople are self-employed.
Explanation:
Army-Jo can be classified as a small scale retailer. It is normal for entrepreneurs with businesses with the same classification to conduct door-to-door by themselves.
A majority of salespersons who do-to door sales are self-employed. As a business doing do-to-door selling is much profitable because of reasons such as
Selling door to door eliminates the need for a store, which is expensive to establish.Hiring a good salesperson is expensive due to the wages involved.Door-to-door is less costly. Only time expense is incurred.Answer:
its D
Explanation:
:P
On 8/1, supplies costing $500 were purchased on credit. Record this transaction in the accounting equation by:
Answers
Based on the information given this transaction in accounting equation is: Increasing supplies, and increasing accounts payable.
Accounting equation:Based on the given transaction the supplies costing of the amount of $500 will increase supplies while account payable will increase by the same amount of $500.
The company account payable increases because the supplies costing were purchased on credit which means that the company is still owing their supplier for the goods worth of $500 that was supplied to them or the goods and services that was provided to them.
Inconclusion in accounting equation is: Increasing supplies, and increasing accounts payable.
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If a person wants to work from home in the Business, Management and Administrative careers, what is required?
a cubicle to keep the person on task
a private office to protect confidential information
proper technology to keep the person connected
proper travel arrangements to meet with customers
Answers
Answer:
C. proper technology to keep the person connected
Explanation:
Answer:
C
Explanation:
Edge 2021
how old do you have to be to work at lululemon
Answers
Answer:
The minium age requirement to work there is 18
what is the definition of inventory stock
Answers
Answer:
they are goods and materials that a business holds for the ultimate goal of resale or repair
the interaction between buyers and sellers in a market system determines . multiple choice question. elasticity and prices
Answers
The interaction between the market forces of demand and supply is used to determine the prices of goods and output in the market.
The demand and supply forces interact in a free market to determine the quantity of goods to be exchanged and the prices to be charged for these goods. The demand curve and supply intersect at a point known as the equilibrium point. The price determined at this point is the equilibrium price and quantity bought and sold is the equilibrium quantity. Hence the interaction between buyers and sellers in a market system determines the equilibrium price and quantity.
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I need help!
The management of a large hotel in your country is considering ways of increasing room occupancy during the five off-peak months of the year. The hotel has very good leisure facilities, including a spa with heated indoor pool and beauty treatments. It has a very large room that is only used for wedding receptions about 30 times during the year. The hotel's restaurant has a very good reputation for food quality and providing value for money.
Develop a marketing strategy that might be used by the hotel to increase room occupancy during the five off - peak months of the year.
Answers
Answer:
For the off-peak months of the year, the best marketing strategy would be a combination of offering lower prices, and an increased spending in advertising.
The lower prices can attract potential customers who are otherwise unwilling to go to the hotel during the off-peak period, and the increased spending in advertising can attract more customer, enlarging the potential customer base, or customer pool.
list four reasons a stock will go up.
Answers
various reasons for the change in the price of the stock.
a)Market belief toward the stock.
b)Market belief toward the industry.
c)Market belief toward the stock market.
d)Confidence in the economy.
If there is an enormous number of buyers than sellers (more demand), the buyers bid up the prices of the stocks to attract sellers to sell more.
the better optimistic investors are about a company's prospects or the ability for positive developments, the more likely they are to wish for the stock.
Anything from a public connections crisis to breaking company news could affect a stock’s price. Quarterly earnings reports can cause the stock market to both dip and increase.
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When Frozen DeLites Ice Cream moved from its longtime storefront to a famous resort area, it took a big risk. However, the owners were confident that its unique ice cream treats would win customer raves. Fortunately, one of the members of the family business was convinced the shop needed to stay in touch with its customers. Frozen DeLites collects names and email addresses of its customers and maintains a presence on a few social media sites in order to send messages about promotions and coupons to valued customers.
Marketing professionals refer to this strategy as: _________
Answers
Marketers professionals refer to the strategy of collecting customer names and email addresses and maintaining a presence on social media sites to send messages about promotions and coupons to valued customers like relationship marketing.
This strategy of creating relationships with customers has as its main objective the generation of value and customer loyalty through a closer and more direct relationship.
Relationship marketing is a strategy that has had a greater impact with technological development, social media for example, has strengthened communication between company and customer, making the relationship closer and more dynamic.
Therefore, companies that use relationship marketing create value through content that generates benefits and customer engagement with the company, increasing loyalty and positioning in the market.
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TRUE/FALSE. product innovations are commonly associated with a low-cost strategy.
Answers
FALSE. Product innovations are not commonly associated with a low-cost strategy.
A low-cost strategy is typically associated with offering products or services at a lower cost than competitors by reducing expenses, improving efficiency, or using economies of scale. In contrast, a product innovation strategy involves developing and introducing new or improved products that offer unique features or benefits to customers.
Product innovation strategies may require investment in research and development, marketing, and production, which can increase costs in the short term. However, successful product innovations can provide a competitive advantage and potentially increase profitability in the long run.
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PLEASE HELP ME (ECONOMICS ASSIGNMENT)!!! ASAPPP
Answers
Answer:
1. Classical Economics
2. Keynesian Economics
3. Demand-Side Economics
4. Supply-Side Economics
Explanation: