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Likurg_2 [28]
1 year ago
14

Less popular open source products are not likely to attract the community of users and contributors necessary to help improve th

ese products over time. This situation reiterates the belief that _____ are a key to success.
Business
1 answer:
daser333 [38]1 year ago
6 0

Less popular open source products are not likely to attract the community of users and contributors necessary to help improve these products over time. This situation reiterates the belief that network effects are a key to success.

<h3>What are Network Effects?</h3>
  • The phenomenon known as the "network effect" describes how more individuals using a commodity or service results in a rise in value. An illustration of the network effect is the internet.
  • Since the internet was first only useful to the military and a small number of researchers, there weren't many users.
  • However, as more people had access to the internet, more material, information, and services were created by users.
  • More people were drawn to connect and transact business with one another as a result of website development and enhancement. A network effect resulted from the internet offering more value as traffic increased.

know more about Network effects

brainly.com/question/28059618

#SPJ4

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Model, Inc., produces model automobiles made from metal. It operates two production departments, Molding and Painting, and has t
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Answer:

Total Service Costs   Molding :350031.22 Painting:  205081. 46  

Explanation:

Given Data

<u><em>Model, Inc.</em></u>

<u><em>                                          Service </em></u>

<u><em>                    Administration,      Accounting,       Maintenance</em></u>

<u><em></em></u>

Costs                $269,000,         $402,000,         $199,000,

Building area     12,000            63,000                   69,300

Employees            44                     14                       22            

Equipment value

(in thousands)       $ 177.00        $ 236.00          $ 17.50      

                                <u>   Production </u>

<u>                         Molding                  Painting </u>

Costs

Direct Materials $242,500         $211,000

Direct Labor      $327,500           $219,000

Overheads        $105,000           $82,500

Building area       441,000            56,700

Employees           66                      88

Equipment value

(in thousands)      $ 118.00         $ 59.00

<em><u>First we find the activity rates for each cost using total cost driver except self usage</u></em>

1) Maintenance  $ 199,000

Equipment Value= 177 + 236+ 118+ 59=  590 ( in thousands)  ( all but maintenance itself )

Maintenance per equipment = 199,000/590,000=  0.3373 per equipment

2) Accounting,= $402,000,

Employees=44  + 22 + 66 + 88 =  220

Accounting per Employee=  $402,000,/220=  1827.27 per Employee

3) Administration= $269,000

Building area  =63,000 +69,300 +441,000+ 56,700= 630,000

Administration per square footage= 269,000/ 630,000= 0.4269= 0.43 per square

<u><em>Then we multiply the rates to find the service costs allocated.</em></u>

 Production

                        Molding                                     Painting

Costs

Direct Materials $242,500                               $211,000

Direct Labor      $327,500                                $219,000

Overheads        $105,000                                $82,500

<u>Service Cost Allocated</u>

Building area       0.43*441,000                   0.43* 56,700

                             = 189630                             =24381

Employees           66* 1827.27                      88 *1827.27

                            = 120599.82                      = 160799.76

Equipment value

(in thousands)      $ 118.00* 0.3373               $ 59.00 *0.3373

<u>                                  </u><u>= 39801.4                          = 19900.7               </u>

<u>Total Service Costs  350031.22                           205081. 46        </u>

<u>Total  Costs              1025031.22                           717581. 46    </u>

<u />

6 0
3 years ago
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