Answer: See explanation
Explanation:
Economics is the study of human behavior and also how resources are allocated in the society. Economics studies the reason for the behavior in the individuals, firms or government when certain situations happen in the economy.
Opportunity cost is refered to as n alternative cost that's, the cos if what we forgo when we make an alternative decision. For example, if I purchase a book for $20, the opportunity cost is something else that I could have used the $20 for.
Answer:
$3.55; $3.13
Explanation:
Calculation to determine what The unit production costs for July are:
Using this formula
Unit product cost = (Beginning work in progress + Cost added) / Number of units
MATERIALS
Unit product cost=($8000+$63,000) / 20,000 units
Unit product cost=$71,000/20,000
Unit product cost=$3.55
CONVERSION
Unit product cost = ($3750+$52500) / 18,000
Unit product cost=$56,250/18,000
Unit product cost=$3.125
Unit product cost=$3.13 (Approximately)
Therefore The unit production costs for July are:$3.55; $3.13
Answer:
$ 50144
Explanation:
Given:
Cost formula for the the wages and salaries = $ 2420 / month + $ 388 / birth
planned number of activity = 119 births
Actual level of activity = 123 births
the wages and salaries in the flexible budget for January, using the given formula will be calculated as:
the wages and salaries = ( $ 2420 × 1 ) + ( $ 388 × 123) = $ 50144
Coca-Cola implemented enterprise software from Oracle that enabled it to achieve all of the following except reducing the number of employees. Thus the correct answer is D.
<h3>What is Oracle?</h3>
Oracle is a type of software developed as the most flexible and economical method of managing data and applications. Oracle Database created for corporate distributed systems.
The software used in coca-cola enables the organization to improve the business process with the help of standardization. It enables them to respond to market changes that took place immediately and make implementation based on current trends.
It helps them to reduce the cost of raw materials by properly bargaining with the suppliers and bringing material in an economic manner.
Therefore, option D reducing the number of employees is the appropriate option that is excluded by the software.
Learn more about software, here:
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