The main thing we can do to manage the problem of scarcity is to not overspend.
Scarcity happen when the number of demand in our society heavily outnumber the amount of resources available. By observing our consumption behavior today, we will notice that a lot of people spend money to buy more goods or services that they actually need.
If we control this overspending behavior, not only people who overspend can save some of their money, there will be a lot of goods/services left for other people.
Answer:
$ in thousands) 2020
Net sales $4,163,770
Cost of sales before special charges 1,382,235
Special inventory obsolescence charge 27,876
Total cost of sales 1,410,111
Gross profit 2,753,659
Selling, general and admin expense 1,570,667
Research and development expense 531,086
Explanation:
Yes, It would be advantageous for wynn manufacturing corporation if the cranston division makes the investment under consideration.
- Since managers are charged with maximizing the potential of their own units, it is crucial to frequently assess their performance in the workplace.
- Target measurements can be used to assess managers of investment centers' performance.
- Businesses typically have a target or targeted rate of return they would like to reach in order to assess a project's viability.
- It is profitable for the firm as a whole to move forward with the project in this case because the project's projected return of 18% is higher than the company's desired rate of return of 16%.
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Answer:
$3,762
Explanation:
The computation is as seen below
Total cost when the production is 9,900 units
Direct materials $8,316
Direct labor $11,187
Variable overhead $12,474
Total $31,977
But,
Their new cost on supplier offer is
= $2.85 × 9,900 units
= $28,215
In the case when the order is accepted, the net income would increase by
= $31,977 - $28,215
= $3,762
1. Money is a very valuable thing that helps you live. You can get money by getting a job, but there are lots of other ways to get money.
2. money helps with you being able to afford things. Money can get you a house, a tv, or even a phone.
