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4 years ago

Why would a business choose to buy supplies from another country

Business

2 answers:

Ugo [173]4 years ago

6 0

It is to grow there business or because a certain country might get products and shipping much cheaper.

jasenka [17]4 years ago

3 0

Delivery may be cheaper, you might be able to get more products for a lower price than in your country, a particular brand may be better than a current one in your country
hope this helps

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In the graph, what information is determined by looking at the intersection of the supply and demand curves?

Lana71 [14]

Answer: D.) equilibrium price

Explanation:

The Supply curve shows the different combinations of prices and quantities of goods that Suppliers are willing to offer while the Demand curve shows the combination of goods and the prices the consumers can buy at.

When these two curves intersect as is the case in the graph, they give an equilibrium price which is the price that suppliers are willing to sell their goods at and consumers are willing to buy t.

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3 years ago

what is the supply chain function that receives inputs from the demand plan to procure materials, equipment, and services?

Salsk061 [2.6K]

Procurement is the supply chain function that receives inputs from the demand plan to procure materials, equipment, and services.

The process of organizing the many tasks necessary to create and distribute goods and services to a company's clients is known as supply chain management. The transfer of raw materials from the supplier to the producer to the final delivery to the customer is all included in the supply chain. Designing, farming, manufacturing, packaging, and transportation are a few examples of supply chain operations. A supply chain is the entire process of getting a finished good or service to the client. It may be necessary to obtain raw materials, convey them to the production facility, and then deliver the finished products to a customer.

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2 years ago

Luma Inc. has provided the following data concerning one of the products in its standard cost system.Col1 Inputs Direct material

polet [3.4K]

Answer:

The correct answer is A.

Explanation:

Giving the following information:

Standard cost= 6.90 per ounce

Standard quantity= 4.8 ounces per unit

Actual output 2,100units

Actual price of raw materials $7.80 per ounce

Actual cost of raw materials purchased $81,900

Raw materials used in production 10,090 ounces.

Direct material price variance= (standard price - actual price)*actual quantity

Direct material price variance= (6.9 - 7.8)*10,090= $9,081 unfavorable

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3 years ago

Problem 5-15 Comprehensive Problem-Weighted-Average Method [LO5-2, LO5-3, LO5-4, LO5-5] Sunspot Beverages, Ltd., of Fiji uses th

Alla [95]

Answer:

1. Blending Department

Equivalent units of production (EUP)

Units %material EUP %Conversion EUP

Units Completed and 160000 100% 160000 100% 160000

transferred out

Units of Ending work 40000 100% 40000 25% 10000

in process

Equivalent units of production 200,000 170,000

2. Cost per Equivalent unit

Material Conversion

Cost of Beginning Work in Process $25,200 $24,800

Cost added during June $3,34,800 $238,700

Total Costs $360,000 $263,500

/Equivalent units of Production 200000 170000

Cost per Equivalent unit of Production $1.80 $1.55

3. Cost of ending WIP

EUP Cost per EUP Total Cost

Material 40000 $1.80 $72,000

Conversion 10000 $1.55 $15,500

Total Ending work in process $87,500

4. Cost of Units Transferred Out

EUP Cost per EUP Total Cost

Material 160000 $1.80 $288,000

Conversion 160000 $1.55 $248,000

Total transferred out $536,000

5. Blending Department

Cost Reconciliation Report

Particulars Amount

Costs to be accounted for

Cost of beginning WIP inventory $50,000

($25200+$24800)

Cost added to production $573,500

($334800+$238700)

Total Cost to be accounted for $623,500

Costs accounted for as follows:

Cost of unit transferred out $536,000

Cost of Ending WIP $87,500

Total cost accounted for $623,500

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3 years ago

With ________ products and services, a higher price might lead to a greater quantity sold, but only up to a certain point.

blsea [12.9K]

With prestige products and services, a higher price might lead to a greater quantity sold, but only up to a certain point.

A product is something that can be supplied to a market in order to satiate a customer's need or desire. In case of marketing, a product is an item or service which is made accessible for consumer utility in response to their demand. Products are also sometimes found in form of merchandise in the retail sector, or they are purchased as raw materials and then made into finished things in the manufacturing sector. The most common types of commodities are basic materials which includes metals or agricultural goods, but can also include anything that is readily available in the open market.

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2 years ago