If the consumer price index was 80 in 2004, 100 in 2005, and 110 in 2006, then the base year must be

The total direct materials purchases of materials A and B (assuming no beginning or ending material inventory) required for July

creativ13 [48]

The total direct materials purchases of materials A and B (assuming no beginning or ending material inventory) required for July production is: 1. $1,080,000 for A; $648,000 for B

<h3>What is inventory?</h3>

Inventory, also known as stock, refers to the goods and materials that a company keeps for the purpose of resale, production, or use. Inventory management is primarily concerned with specifying the shape and placement of stocked goods.

There are four types of inventory: raw materials/components, work in progress (WIP), finished goods, and maintenance and repair (MRO).

Inventory valuation methods include FIFO (First In, First Out), LIFO (Last In, First Out), and WAC (Weighted Average Cost).

Manufacturers have three kinds of inventory. They are raw materials (that have yet to be worked on), work-in-progress (that is currently being worked on), and finished goods (which are ready for shipping).

To know more about inventory follow the link:

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6 0

2 years ago

Luis is giving a presentation at a business conference. So many people have signed up for his session that it is taking place in

katen-ka-za [31]

Answer:

<u>Stand upright behind a podium to project authority.</u>

Explanation:

For Luiz to make a good presentation and meet the expectations of so many people attending his session, it is ideal that he uses a podium in the room to project authority and increase people's visibility. This will help you retain the audience's attention so that your presentation can flow accurately and dynamically, and that communication is delivered effectively.

5 0

3 years ago

Which action can hurt your credit score? I. Paying your phone bill late. II. Taking the bus to work. III. Maxing out several cre

worty [1.4K]

Paying your phone bill late and maxing out your credit cards will hurt your credit... So it should be 1 and 3 :)

3 0

3 years ago

Read 2 more answers

The cost to manufacture one unit of Rinker Audio Products' bestselling hearing aid, the Magnifier, is $87.50. The CFO of the com

padilas [110]

Answer:

d. economies of scale

Explanation:

Based on the information provided within the question it can be said that this concept is known as an economy of scale. Like mentioned in the question this concept states that as a company scales their operation, the cost of each input unit decreases as their output or production increases, Thus granting the company a cost advantage. As is happening in this scenario.

4 0

3 years ago

What is the objective of the last step in the ethical decision-making framework? Multiple Choice to brainstorm any alternative c

I am Lyosha [343]

Answer:

B. To weigh the various alternatives and choose a course of action

Explanation:

The major steps involved in a proper decision-making process include; Identifying the problem, understanding the problem by obtaining the necessary information, developing alternatives, choosing the best alternative that would address the ethical issue at hand, and implementing the best alternative.

The aim of the entire process of decision-making would be faulted if at the end, a course of action is not taken. The decision made at the end of the day, should address the initial concern raised. This decision would also need to be reviewed to ensure that it is the right step.

Determining ways to maximize profit for the company may not be the issue at hand, as several factors could inform the decision making process.

5 0

3 years ago