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2 years ago

Purchasing professionals need to and in order to find the right supplier.

Business

1 answer:

vovangra [49]2 years ago

8 0

Answer is tough question and homework.

The purchasing professional is concerned with ensuring that his or her purchasing actions complement the strategic goals of the firm. The ordinary shopper concentrates on tactical purchases, or just purchasing what is directed to him or her. Self-development is a second factor that separates the purchasing professional. The purchasing professional is always looking for ways to further his or her career by attending training seminars, continuing post-secondary education, reading, and benchmarking the methods of world-class purchasing companies.

The usual buyer would do little more than attend mandated training provided by his or her company. Supplier ties are a third consideration. The buying professional tries to form alliances with world-class suppliers who offer competitive pricing, exceptional quality systems, on-time delivery, and customer centricity.

Therefore, the blank is to be filled by tough question and homework

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Crystal Charm Company makes handcrafted silver charms that attach to jewelry such as a necklace or bracelet. Each charm is adorn

Damm [24]

Answer:

silver

direct materials price variance = $1,050 favorable

direct materials quantity variance = $13,200 favorable

Crystals

direct materials price variance = $671 favorable

direct materials quantity variance =$1,327.50 favorable

direct labor

direct materials rate variance = $1,200 unfavorable

direct materials efficiency variance =$2,100 favorable

Explanation:

silver

direct materials price variance = (Aq×Ap)-(Aq×Sp)

= (350×$21,00)-(350×$24.00)

= $1,050 favorable

direct materials quantity variance = (Aq×Sp)-(Sq×Sp)

= (350×$24.00) -(1,500×0,60×$24.00)

= $13,200 favorable

Crystals

direct materials price variance = (Aq×Ap)-(Aq×Sp)

= (3,050×$0,23)-(3,050×$0.45)

= $671 favorable

direct materials quantity variance = (Aq×Sp)-(Sq×Sp)

= (3,050×$0.45) -(1,500×4.00×$0.45)

= $1,327.50 favorable

direct labor

direct materials rate variance = (Aq×Ap)-(Aq×Sp)

= (2,400×$14,50)-(2,400×$14.00)

= $1,200 unfavorable

direct materials efficiency variance = (Aq×Sp)-(Sq×Sp)

= (2,400×$14.00) -(1,500×1.50×$14.00)

= $2,100 favorable

4 0

3 years ago

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disa [49]

Answer:

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3 0

3 years ago

Read 2 more answers

How has the Timberland Company incorporated the four pillars of its corporate social

DENIUS [597]

Answer:

The four pillars are energy, product, workplace and service.

Please mark Brainliest

Explanation:

The Timberland Company have a tradition of Corporate Social Responsibility, Timberland have always been committed to environment and social sustainability. The four pillars of Timberland Company for Corporate Social Responsibility are Energy, Product, Workplace and Service.

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5 0

3 years ago

Personalized products is a small manufacturing firm specializing in custom-order tool and die work. a computerized accounting sy

sashaice [31]

Personalized products are a small manufacturing firm specializing in custom-order tool and die work. a computerized accounting system would help personalized products by helping management identify cash flow and other financial difficulties more quickly.

Customizing items to suit clients' unique requirements and preferences is known as product personalization. These personalized products may be made-to-order utilizing a conventional production process with a variety of options offered within existing parameters or they may be specially manufactured items made for a particular customer.

The majority of customers are more inclined to make purchases from a merchant who offers more pertinent messages, recommendations, and incentives as well as experiences that are more catered to their unique interests.

The company will be able to provide more items than was previously possible thanks to quicker updates, shorter time-to-market, and improved business procedures using automated and collaborative workflows.

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8 0

2 years ago

Services differ from manufacturing for all of the following reasons EXCEPT: a. Heterogeneity b. Time-perishable capacity c. Simu

wolverine [178]

Answer:C. Simultaneous production and consumption.

Explanation:

Production and consumption occuring at the same time will not make products to differ.

Heterogenity which refers to different qualities in firms will lead to different products. Time perishable capacity which means idle time during low patronage will still allowed products differences, Abilities to limit the discretionary input of personnel will not debar product differences and Customer provides significant input into the process will allowed products differences.

4 0

3 years ago

Purchasing professionals need to ________ and ________ in order to find the right supplier.

Purchasing professionals need to and in order to find the right supplier.