Answer:
Option (D) is correct.
Explanation:
Total Overhead Cost:
= (Overhead × Number of cases) for all products
= (20 × 350) + (25 × 550) + (17 × 650)
= 31,800
Total Machine Hours:
= Machine hours × Number of cases
= (5 × 350) + (3 × 550) + (4 × 650)
= 6,000
Overhead Rate:
= Total Overhead Cost ÷ Total Machine Hours
= 31,800 ÷ 6,000
= 5.30
Total product cost per case for Product GC:
= Direct Material + Direct Labor + Overhead
= 80 + 30 + (Machine hours × Overhead Rate)
= 80 + 30 + (3 × 5.3)
= 80.00 + 30.00 + 15.90
= $125.90
The correct priority in making business decision is:
<span>#3 profit, organizational values,personal integrity.
The main reason why you put up a business is to gain profit. Thus, it is a priority. Second consideration would be the organizational values. Organizational values will determine the longevity of the company and the tenure of its employees.</span>
The answer is "price".
The marketing mix alludes to the arrangement of activities, or strategies, that an organization uses to advance its image or item in the market.There are 4 p's included in the marketing mix, that are; promotion (communicating value), product (creating value), price (capturing value), and place (delivering value).
Answer:
77.48 units
Explanation:
Data provided in the questions
Annual demand = 395 units
Ordering cost = $38
Holding cost per unit per year = $5
The computation of the economic order quantity is shown below:
= 77.48 units
hence, the economic order quantity is 77.48 units
We simply applied the above formula so that approximate units could come. And it always expressed in units
