Answer: Function.
Explanation:
The Bass Clef Music Company has formed departments by function they perform, such as; the marketing, production, finance etc. The function a department plays in an organization is the specific problem that department helps the organization to solve or the specific role that department carries out in the organization.
The correct alternative is supply chain management. Individuals monitor these transactions so that each is executed in a cost-effective and timely manner.
<h3 /><h3>What is the relevance of supply chain management?</h3>
Through the control and monitoring of each stage of a company's value chain, it is possible to achieve cost reduction and total quality, increasing the value of a company's products and services and its positioning.
Therefore, supply chain management helps a company to remain competitive and successful in the market.
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Answer:
1. 7.2
2. 9
Explanation:
take 72 and divide by number of years
72/x= ROI
Answer:
1.Consumption ratios for the four drivers in relation to both the cards will be consumption for a particular card/total consumption for both the cards which will be as follows :-
Scented cards Regular cards Inspection hours 100/190=0.53 90/190=0.47 Set up hours 90/120=0.75 30/120=0.25 Machine hours 170/800=0.21 630/800=0.79 Number of moves 210/265=0.79 55/265=0.21
2 .There has been diversification of different activities or drivers among both the products, thus increasing significance of activity Based distribution of overheads. Since if we use blanket rate for allocation of overhead on the basis of machine hours, it will certainly leads to a distorted view as machine hours are significantly higher in case of regular cards whereas consumption of other resources is comparatively lower for it. This, in such a situation its significance certainly gets increased.
3. Activity rates which could be used to assign cost to each product will be calculated as Total cost for the driver/number of units of that driver. It is calculated in the table as follows :-
(A) ( B ) number of units (C=A=B) cost per unit Driver/activity total (hours) of (hour) of cost driver/activity driver/activity
Total cost for the driver/number of units of that driver. It is calculated in the table as follows :-
Driver/activity (A) total cost ( B ) number of units (hours) of driver/activity (C=A=B) cost per unit (hour) of driver/activity Inspecting products 4930 190 (100+90) 25.95 Setting up equipment 4700 120 (90+30) 39.17 Machining 6500 800 (170+630) 8.13 Moving material 1370 265 (210+55) 5.17
4 . We have total inspection cost as 4930 And activity rate for inspecting product is $20per inspecting hour This total inspecting hours will be = 4930/20=246.5 hours Thus total inspection hours would be 246.5.
E.
Firm has a strong marketing plan.