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3 years ago

What are two kinds of open-ended credit?

Business

1 answer:

STALIN [3.7K]3 years ago

3 0

Answer:

good credit bad ccredit

Explanation:

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Jamison Paints makes and sells paint to home improvement stores. Jamison's only plant can produce up to 12 million cans of paint

Olin [163]

Answer:

Jamison's current total cost of making and selling 10 million cans of paint is $75,000,000 and the current cost per can of paint is $7.5

Explanation:

For computing the current total cost, we need to apply the formula which is shown below:

Total cost = Fixed cost + variable cost

where,

Fixed cost = $15,000,000

And, the variable cost = Annual production × variable cost per plant

= 10,000,000 × $6

= $60,000,000

Now put these values to the above formula

So, the value would equal to

= $15,000,000 + $60,000,000

= $75,000,000

Now the current cost per can of paint would be

= (Total cost) ÷ (Annual production)

= ($75,000,000) ÷ (10,000,000)

= $7.5 per can of paint

3 0

3 years ago

Which extended ERP component collects information used throughout an organization, organizes it, and applies analytical tools to

grin007 [14]

The extended ERP component that collects information throughout an organization and evaluates it is called <u>Business intelligence.</u>

<h3>What is business intelligence?</h3>

This is the component of Enterprise Resource Planning (ERP) that deals with collecting information from the entire organization.

This information would then be organized and prosessed after which it will then be used to guide the decisions of management.

Find out more on Enterprise resource planning (ERP) at brainly.com/question/14635097.

#SPJ1

8 0

2 years ago

Sheen Co. manufacturers laser printers. It has outlined the following overhead cost drivers: Overhead Costs Pool Cost Driver Ove

mylen [45]

Answer:

$200

Explanation:

As for the information provided,

Quality control rate = $\frac{72,000}{1,200} =\ $60 per hour$

Machine operation = $\frac{150,000}{1,500} =\ $100 per hour$

Material Handling = $\frac{1,200}{30} =\ $40\ per batch$

Miscellaneous Overhead = $ $\frac{57,000}{5,700} =\ $10 per hour$

The order of 1,000 laser printers

Require:

Quality control cost = $60 $\times$ 265 = $15,900

Machine operation = $100 $\times$ 225 = $22,500

Material Handling = $40 $\times$ 5 = $200

Miscellaneous Overheads = $10 $\times$ 740 = $7,400

Therefore, correct option is:

$200

0 0

3 years ago

Arabian Beauty Cosmetics borrowed BD 152.300 from the National Bank of Bahrain (NBB) for three years. If the quoted rate (APR) i

Tju [1.3M]

Answer: 12.47%

Explanation:

First convert the APR to the relevant periodic rate.

The compounding is done daily so the periodic rate is:

= 11.75%/365

Effective Annual rate is calculated by the formula:

= ( 1 + periodic rate) ^ compounding period per year - 1

= ( 1 + 11.75%/365)³⁶⁵ - 1

= 12.47%

5 0

3 years ago

Sam, who is 55 years old and has been a steel worker for 30 years, is unemployed because the steel plant in his town closed and

Aleksandr-060686 [28]

Short term memory lost

6 0

3 years ago