Answer:
Consumers buy goods or services they want or need.
Explanation:
With the alternatives given above, only a customer buys goods or services they want or need while producers produces goods and supply consumers at a specific price. Consumers buys from the producers at a particular price
Answer:
b) $54,500
Explanation:
Beginning balance of raw material = $27,500
Ending balance was = $51,000
Purchases = $78,000
Direct cost of raw material is the net of the addition of the opening balance of raw materials and purchases less the closing balance. The manufacturing overhead cost is a mix of all the indirect cost incurred during production.
As such, the manufacturing overhead cost of $118,500 consisting of $3,500 consisted of raw materials would not be considered in determining the direct raw material cost.
Direct cost of raw material = $27,500 + $78,000 - $51,000
= $54,500
Complete Question:
Determine the utilization and the efficiency for each of these situations:
a. A loan processing operation that processes an average of 7 loans per day. The operation has a design capacity of 10 loans per
day and an effective capacity of 8 loans per day.
b. A furnace repair team that services an average of four furnaces a day if the design capacity is six furnaces a day and the
effective capacity is five furnaces a day.
c. Would you say that systems that have higher efficiency ratios than other systems will always have higher utilization ratios than
those other systems? Explain.
Explanation:
It's not (true) actually. Whether the design capacity is comparatively (high), the utilisation could be (low) even though the efficiency was (high).
Utilisation = Output / Design capacity =
x 100%
Efficiency = Output / Effective capacity = ![\frac{7}{8}](https://tex.z-dn.net/?f=%5Cfrac%7B7%7D%7B8%7D)
Utilisation = ![\frac{4}{6}](https://tex.z-dn.net/?f=%5Cfrac%7B4%7D%7B6%7D)
Efficiency = ![\frac{4}{5}](https://tex.z-dn.net/?f=%5Cfrac%7B4%7D%7B5%7D)
U = 1000/2000
e = 1000/1000
Yes it is a conflict of interest to leave the state and accept a position with a construction company that you formerly handled as a government relations manager.
<h3>What is a Conflict of Interest?</h3>
A conflict of interest occurs when an person's interests – family, friendships, financial, or social elements – could compromise his or her judgment, or actions in the workplace. Government agencies take disputes of interest so seriously that they are handled.
While it is not always feasible to eradicate conflicts of interest, the frequency and gravity of such situations may be lessened through comfort.
To learn more about Conflict of Interest visit the link
brainly.com/question/15544718
#SPJ4
Answer:
The decision making skill because it's hard for a judge to make the right decision.