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e-lub [12.9K]
2 years ago
15

A manufacturer's raw-material purchasing department would likely be classified as a? investment center. revenue center.

Business
1 answer:
Oksana_A [137]2 years ago
8 0

The department responsible for buying raw materials for a manufacturing would probably be categorized as a cost center.

<h3>What is the production of raw materials?</h3>
  • Manufacturing is the process of converting raw materials or component components into completed products using tools, labor, machinery, and chemical processing.
  • Manufacturing enables companies to sell completed goods for more money than they paid for the raw materials.
  • Raw materials are used by manufacturers to create finished goods, which are then sent either directly to the merchant or, less frequently, to the consumer.
  • A manufacturer is defined as a company or person that creates items.
  • An example of a manufacturer of sneakers is the business that creates a certain brand of shoes.

Therefore the correct answer is A. cost center.

The complete question is :

A manufacturer's raw-material purchasing department would likely be classified as a:

A. cost center.

B. revenue center.

C. profit center.

D. investment center.

To learn more raw-material, refer to:

brainly.com/question/11504429

#SPJ4

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Analyse the quality of social service delivery in South Africa
adoni [48]

Answer:

The quality of social service delivery in South Africa is very poor.

Explanation:

The quality of service may be poor due to several factors such as the manipulation of politicians, no accountability of work done, not enough workforce employed to do the necessary job, unprepared in terms of planning, failure to cope up with change in the dynamic environment etc.

The social service delivery can be improved by understanding the needs of the market, handling the information better, hiring better and qualified workforce, updating and implementing policies to cope up with change and provide time in planning the service delivery.

6 0
3 years ago
Percent of Sales Method At the end of the current year, Accounts Receivable has a balance of $430,000; Allowance for Doubtful Ac
denpristay [2]

Answer:

1. Determine the amount of the adjusting entry for uncollectible accounts. $850

Dr Bad debt expense 850

    Cr Allowance for doubtful accounts 850

2. Determine the adjusted balances of Accounts Receivable, Allowance for Doubtful Accounts, and Bad Debt Expense.

  • accounts receivable $430,000
  • allowance for doubtful accounts $4,850
  • bad debt expense $4,850

3. Determine the net realizable value of accounts receivable.

  • $430,000 - $4,850 = $425,150

Explanation:

accounts receivable balance $430,000

allowance for doubtful accounts balance $4,000

total sales for the year $1,940,000

total bad debt expense = 0.25% x $1,940,000 = $4,850

adjusting entry = $4,850 - $4,000 = $850

8 0
4 years ago
Organizational threats are an environmental factor that can hinder an organization's ability to achieve a competitive advantage.
Readme [11.4K]

Answer:

True

Explanation:

Every organization has an internal and external environment , in order for the organization to be successful, it is important that it scans its environment regularly to assess its developments and understand factors that can contribute to its success.

Environmental scanning is the identification of opportunities and threats affecting the business for making strategic business decisions, as part of the environmental scanning process, the organization collects information regarding its environment and analyze it to forecast the impact of changes in the environment.

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4 years ago
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A company issued a short-term note payable to a bank with a stated 12 percent rate of interest . The bank charged a .5% loan ori
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Answer:

17%

Explanation:

If a company issued a short-term note payable to a bank with a stated 12 percent rate of interest and in addition the bank charged a .5% loan origination fee and remitted the balance to the company. The effective interest rate paid by the company in this transaction would be 17%

The effective annual interest rate is <u>the interest rate that is actually earned or paid on an investment, loan</u> or other financial product.

Hence, since the company is both paying the initial 5% and the later 12%, effectively the company is paying 17% on the note payable.

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3 years ago
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