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3 years ago

Goods a company acquires to use in making products are called:

Business

1 answer:

Afina-wow [57]3 years ago

6 0

Answer:

b. Raw materials inventory.

Explanation:

There are basically three cycles to make a product ready to sale

1. Raw material

2. Work in process

3. Finished goods

The raw material is the part of the product. In the work in process, the products parts are in process to combine all the parts of the products. And, in the finished goods cycle, after processing the product, the product is finished and then the product is ready to sale.

The costs of goods sold and the conversion cost are the cost which are related to the product

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ABC Ltd. uses EOQ logic to determine the order quantity for its various components and is planning its orders. The Annual consum

viktelen [127]

Answer:

The Total Cost of Inventory is $4,024,000

Explanation:

The computation of the total cost is shown below:

= Purchase cost + ordering cost + carrying cost

where,

Purchase cost = Annual consumption × Cost per unit\

= 80,000 × $50

= $4,000,000

Ordering cost = (Annual demand ÷ EOQ) × Cost to place one order

= (80,000 ÷ 8,000) × $1,200

= $12,000

Carrying cost = (EOQ ÷ 2) × carrying cost percentage × Cost per unit

= (8,000 ÷ 2) × 6% × $50

= $12,000

Now put these values to the above formula

So, the value would equal to

= $4,000,000 + $12,000 + $12,000

= $4,024,000

8 0

3 years ago

A business will want to borrow to undertake an investment project when the rate of return on that project is:

pychu [463]

Answer:

B) higher than the interest rate.

Explanation:

In the case when the business wants to borrow for a project so the rate of return would be greater than the rate of interest

And in the case when the rate of interest is lesser than the expected return so the investment would look attractive due to this there is a rise in the borrowing for that investment

Hence, the option b is correct

3 0

2 years ago

Unilever has a subsidiary in Japan. The valuation of this MNC should

Vlad [161]

Answer: increase; appreciate.

Explanation:

A multinational firm is regarded as a firm that's located in different countries. It should be noted that the valuation of this multinational company should

rise when there's an event that causes the expected cash flows from Japan to increase and also when the currency JPY is expected to appreciate. Appreciate her simply means when there's an increase in the value of JPY.

8 0

2 years ago

What is the maximum locked-rotor

Fynjy0 [20]

Answer:

because answer key you give you answer

8 0

2 years ago

If you expect the price of gold to increase in the near future, your demand for gold today will increase.A. TrueB. False

9966 [12]

Answer:

A. True

Explanation:

Gold is a valuable commodity acquired for various reasons. In economists, gold is as a store of value and an investment tool. Gold is traded in the financial markets like other valuable metals such as silver and copper.

If investors anticipate the price of gold to rise in the near future, demand for gold will increase. Gold will be bought as an investment asset for speculative purposes. Traders will buy gold and the current prices and wait to sell when the prices rise. Investors take advantage of price movement to make profits.

5 0

3 years ago