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Kipish [7]
1 year ago
9

Materials that become an important component of the finished product whose cost can be easily and conveniently traced to the fin

ished product are:.
Business
1 answer:
Ipatiy [6.2K]1 year ago
8 0

Materials that become independent components of the finished product and whose cost can be easily and conveniently traced to the finished products are <u>direct materials.</u>

<u></u>

<h3>What are direct materials?</h3>

Those components pass into a manufactured product are called as Direct materials. Direct materials cost refers to the cost of direct materials which may be without problems recognized with the unit of production.

For example, the value of glass is an immediate substance cost in light bulb manufacturing.

Hence, Materials that become independent components of the finished product and whose cost can be easily and conveniently traced to the finished products are <u>direct materials.</u>

<u></u>

learn more about direct materials:

brainly.com/question/26245657

#SPJ1

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Suppose that a firm operating in perfectly competitive market sells 200 units of output at a price of $3 each. Which of the foll
miv72 [106K]

Answer:

The correct answer is option i.

Explanation:

A firm is operating in a perfectly competitive market.  

The firm is selling 200 units of output.  

The price of each unit of output is $3.  

In a perfectly competitive market, a single firm faces a horizontal line demand curve. This horizontal line represents demand, price line, average revenue, and marginal revenue.  

So if the price is $3, it implies that the marginal revenue and average revenue is also equal to $3.  

The total revenue is $600.

4 0
3 years ago
As would-be Entrepreneur, you are tasked to identify your dreamed business,
steposvetlana [31]

Answer:

My dream business is organic poultry farming.

Explanation:

It is my hobby to have different types of hen breeds. So I would like to invest in my hobby. I would like to have breeds of organic hens that will lay more eggs. I will also invest in fancy chickens which are widely used as pet in backyards.

It has great potential for growth, as people are nowadays moving towards organic foods. The organic poultry market has grown from $7.5 billions to $7.7 billions from 2019 to 2020. The growth recorded is almost 2% despite the breakout of virus. People would like to buy fancy chickens as pets because they lay eggs and look cute in the backyards.

The return on fancy chicken breed is much higher than an ordinary chicken breed that only lays egg. I will start from 1500 baby chickens and will around 50 chicken tractors in a large 8 kanal area. This chicken tractors will help me to keep the death rate of the chickens low and are helpful in lowering the spread of diseases. Furthermore, it is moveable which means my chickens will have fresh grass to eat.

I will buy a small van that will be helpful in managing the delivery of food requirement and egg supply to my customers. To lower the cost of organic feed I will grow many types of plants, herbs, grass, etc in the 8 kanal area that will meet the protien requirements of the chickens. I will also water the land daily so that the waste of the chickens are accessed very quickly to plants.

Their many other tactics that could be used like leasing the land for 2 years because it will lower the investment required, plantation of plants that will grow its value over time, use of thick sheets that will protect chickens from and use of thin sheet that will protect them from mosquitos, etc.

<em>Note:</em> <u>I wasn't able to access complete questions so I think the above explanation of business idea will be very helpful for you to construct a business plan.</u>

If you find the answer very helpful then don't forget to rate it. Thanks

6 0
3 years ago
On January 1, 2021, Farmer Fabrication issued stock options for 100,000 shares to a division manager. The options have an estima
Black_prince [1.1K]

Answer and Explanation:

The journal entries are shown below:

1. The revised estimated amount of total compensation is

= 100,000 shares × $6

= $600,000

2. The action shows that the Farmer Fabrication cumulative effect for the year 2022 earnings            

3. The journal entries are shown below:

For the year 2022

Compensation expense

         To Paid-in Capital-Stock options $200,000

(Being the compensation expense is recorded) $200,000

For recording this we debited the compensation expense as it increased the expenses and credited the paid in capital as it increased the stockholder equity

The computation is shown below:

= $600,000 ÷ 3 years

= $200,000

7 0
3 years ago
Monica received an inheritance of $70,000. She invested part at 11% and deposited the remainder in tax-free bonds at 10%. Her to
erica [24]

Answer:

The correct answer is $50,000.

Explanation:

According to the scenario, the given data are as follows:

Amount = $70,000

Invested at rate = 11%

Tax free investment = 10%

Total income from investments = $7,500

So , we can calculate the invested at 11% by using following formula:

Let the amount invested at 11% = X

So,

= 11% × X + (70,000 - X) × 10% = $7,500

= 0.11 × X + (70,000 - X) × 0.1 = $7,500

= 0.11X + 7,000 - 0.1X = $7,500

= 0.11X -0.1X = $7,500 - $7,000

= 0.01X = $500

X = $500 / 0.01

= $50,000

Hence, the amount invested at 11% is $50,000.

5 0
3 years ago
Colinda has just purchased her first home for $125,000. She put down a 20 percent down payment of $25,000 and took out a 4 perce
svetlana [45]
Answer: $333 Interest and $144 Principal
To find the values for this payment, you will need to use an amortization calculator. If you were not given one, there are numerous ones online. 
Simply enter the amount of the loan $100,000. Then, the number of years, 30 is standard. Finally, enter the percent.
It will show you that the total payment is $477 and also the break down of the payment as given in the answer.

3 0
3 years ago
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