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2 years ago

Once the decision has been made to implement an ERP system, the initial step is to select an ERP vendor.

Business

1 answer:

stich3 [128]2 years ago

7 0

It is true that once the decision has been made to implement an ERP system the initial step is to select an ERP vendor.

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By keeping employees’ personal records confidential, an employer respects their right of:

nika2105 [10]

Answer: PRIVACY. 100% postive

Explanation:

7 0

3 years ago

Aurora corporation operated without insurance coverage for the first month or operations then on February 1st the company paid t

Oksanka [162]

Answer:

$2200

Explanation:

The accrual basis recognizes revenues and expenses when the event warranting the income or expenditure occurs. In this case, the expenditure to be recognized is for the 11 months of insurance coverage.

For 24 months, the premiums are $4800. premiums for one month will be

= $4800/24

=$200

Premiums for 11 months

= $200 x 11

=$2200

4 0

3 years ago

Products whose demand levels connected to other products are called?

lord [1]

I think the answer is complementary goods.

7 0

3 years ago

A Perfectly competitive firm’s entire marginal cost curve is its short-run supply curve." Is this statement true or false?

Sphinxa [80]

Answer:

False.

Explanation:

In a perfect competition, there are many buyers and sellers of homogeneous products, and there is free entry and exit in the market.

This simply means that, in a perfectly competitive market, there are many buyers and sellers (price takers) of homogeneous products (standardized products with substitute) and the market is free (practically open) to all individuals or business entities that are willing to trade all their goods and services.

Hence, a perfectly competitive market is characterized by the following features;

1. Perfect information.

2. No barriers, it is typically free.

3. Equilibrium price and quantity.

4. Many buyers and sellers.

5. Homogeneous products.

Examples of a perfectly competitive market are the Agricultural sector, e-commerce and the foreign exchange market

A Perfectly competitive firm’s entire marginal cost curve is not its short-run supply curve but only the portion of the marginal cost (MC) curve of the perfectly competitive firm that lies above its average variable cost (AVC) curve would be its short-run supply curve.

3 0

3 years ago

Mountain Monster Desert Dragon 2 Sales price $5,000.00 $5,275.00 3 Variable cost of goods sold 3,275.00 3,500.00 4 Manufacturing

zalisa [80]

Answer:

The question requires that we prepare a contribution margin report based on the format provided in the full question which is attached herewith:

Explanation:

Contribution Margin Report by Product

Mountain Monster Desert Dragon

Revenue(4900*$5000)(4750*$5275) $24,500,000 $25,056,250

Variable cost of goods sold

($3275*4900)($3500*4750) ($16,047,500) ($16,625,000)

Manufacturing margin

($1725*4900)($1775*4750) $8,452,500 $8,431,250

Variable selling expenses

(225*4900)(825*4750) ($1,102,500) ($3,918,750)

Contribution margin

(1500*4900)(950*4750) $7,350,000 $4,512,500

Contribution margin ratio 30.00% 18.01%

(contribution/sales)

$7350,000/$24,500,000*100=30%

$4,512,500/ $25,056,250=18%

Download xlsx

7 0

3 years ago