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soldi70 [24.7K]
1 year ago
9

The choice of producing the component internally or purchasing the component externally is known as the

Business
1 answer:
larisa86 [58]1 year ago
4 0

The choice of producing the component internally or purchasing the component externally is known as the make or buy decision.

A manufacturing or purchasing decision is the act of choosing whether to manufacture the product in-house or from an external supplier.

Make-or-buy decision is the act of choosing whether to manufacture the product in-house or from an external supplier. Similar to outsourcing decisions, making or buying decisions require comparing the costs and benefits of producing in-house and buying elsewhere.

ABC Manufacturing Company has a contract to supply 6,000 units of MVP. This also requires his 6,000 units of MVP essential components. The estimated cost of manufacturing these 6,000 units of the required components is approximately $234,000.

Learn more about make or buy decision here:brainly.com/question/13781293

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Which of the following is a general two-year college-level degree?
inysia [295]

Answer:

an associate's degree

Explanation:

An associate's degree is an undergraduate, two-year degree program. The associate degree transposes into the first two years of a bachelor's degree. It intends to equip students with the necessary technical skills and academic knowledge required in the workplace. An associate degree prepares a student for further study in their chosen field.

A bachelor's degree takes four years, while a master's degree requires getting a bachelor's degree first.

8 0
3 years ago
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Fortune Company had beginning raw materials inventory of $16,000. During the period, the company purchased $92,000 of raw materi
elixir [45]

Answer:

The amount of raw materials transferred to work in process is $98,000.

Explanation:

Given that, at the beginning of its business operations, Fortune Company had a raw material inventory of $ 16,000 and that, during the business year, it acquired another quantity of raw materials for $ 92,000, the total of raw materials in the company's stock had a total value of $ 108,000 (16,000 + 92,000).

Now, if at the end of the balance the value of the raw materials was $ 10,000, the amount of raw material that was incorporated into the production process was a value of $ 98,000 (108,000 - 10,000).

8 0
3 years ago
Complete the following sentence.
grandymaker [24]

Answer:

Crucial or important?

Explanation:

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3 years ago
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Answer:

Explanation:

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And, the net cash flow would be

= Cash collections - Cost of goods sold

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Pick a number from 1 to 50 winner gets 30 points. You can comment or answer on this question.
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Answer:

43

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