Answer:
The correct answer is $12,060.
Explanation:
According to the scenario, the given data are as follows:
Production in June = 400 units
Production in July = 410 units
Each unit required = 5 pounds
Cost per pound = $6
So, June required raw material = 400 units × 5 pounds = 2000 pounds
For July required raw material = 410 units × 5 pounds × 20% = 410 pounds
So, required total raw material for June = 2000 pounds + 410 pounds - 400 pounds ( already in inventory)
= 2010 pounds
So, the total cost required for raw material in June = 2010 pounds × $6
= $12,060
Hence, the budgeted cost of purchases for raw material K for June is $12,060.
If producing each additional unit of good x required giving up ever-increasing amounts of good y, the production possibilities curve between x and y would be bowed outward.
The law of increasing possibility fee: As you increase the manufacturing of 1 appropriate, the opportunity fee to provide the additional precise will boom.
First, understand that opportunity price is the fee of the following-high-quality alternative when a decision is made; it's what's given up.
When the economy grows and all other matters continue to be steady, we are able to produce greater, so this will motivate a shift in the manufacturing opportunities to curve outward, or to the proper.
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A variable annuity contract is often described as a mutual fund family wrapped in an annuity contract. ... Many annuities offer a wide range of investment options, with up to 50 different funds. These annuity investment options are known as subaccounts. Some companies refer to these options as investment portfolios.
Sputnik Enterprises is exploring options for entering into international markets. The key stakeholders have expressed that the primary concern is that Spotnick maintains the maximum amount of control possible to protect its proprietary technology. A greenfield venture entry would be best for Spotnick.
<h3>What Is a Green-Field Investment?</h3>
A green-field (also "greenfield") investment is a type of foreign direct investment (FDI) in which a parent company creates a subsidiary in a different country, building its operations from the ground up. The strategy involves building everything the company needs from the ground (or green field) up. This can include all facets of the business, from plant construction to marketing and distribution channels.
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The correct answer to this open question is the following.
Although there are no options attached, we can say the following.
The form of ownership represented by SABC is a publicly owned or state-owned broadcasting corporation that is managed by the government of South Africa. Indeed, SABC stands for South Africa Broadcasting Corporation. It was created on August 1, 1936, as the public broadcasting system of the South African government. Today, it controls 19 AM and FM stations in the country and operates five television channels that foment the optimal educational and entertainment content for the people of South Africa.
