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Talja [164]
3 years ago
9

The Occupational Safety and Health Act (OSHA) mandated that first-aid kits be available in business establishments employing mor

e than three people. A newly formed company was successful in developing first-aid kits that allowed companies to comply with the standards of the act. This is an example of: Select one: a. distribution channels as an excellent source for new ideas. b. existing products and services as a source for new ideas. c. potential consumers as a source for new ideas. d. government regulations as a source for new product ideas.
Business
1 answer:
Galina-37 [17]3 years ago
3 0

Answer:

The correct answer is D

Explanation:

OSHA stands for Occupational Safety and Health Act, which is passed in order to encourage the safer workplace conditions in the U.S. They set the standards as well as perform the inspections at the job sites.

OSHA made mandatary the first aid kits to be available in the business who are employing more than 3 years people. So, this newly formed company was successful in developing the kits, this is example of the government regulations as a source for the ideas of the new products.

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A company determined that the budgeted cost of producing a product is $30 per unit. On June 1, there were 80,000 units on hand,
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Answer:

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The cost of good sold = Cost per unit × Quantity sold

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This can be confirmed as follows:

                                                                  Unit

opening inventory                                     80,000

Production(see note below)                    <u> 340,000</u>

Available or sale                                       420,000

Closing inventory                                    <u>(120,000)</u>

Units sold                                                 <u>300,000</u>        

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Note :

Production budget = sales budget + closing inventory - opening inventory

= 300,000 + 120,000 - 80,000 = 340,000 units

                               

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