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qwelly [4]
3 years ago
14

Park Corporation is preparing a bid for a special order that would require 720 liters of material SUN100. The company already ha

s 560 liters of this raw material in stock that originally cost $6.30 per liter. Material SUN100 is used in the company's main product and is replenished on a periodic basis. The resale value of the existing stock of the material is $5.80 per liter. New stocks of the material can be readily purchased for $6.65 per liter. What is the relevant cost of the 720 liters of the raw material when deciding how much to bid on the special order?
Business
1 answer:
Jlenok [28]3 years ago
3 0

Answer:

$4,788

Explanation:

Data provided

Raw material in liters = 720

Purchased readily of new stock material = $6.65

The computation of relevant cost of the raw material is shown below:-

Relevant cost of the raw material = Raw material in liters × Purchased readily of new stock material

= 720 liters x $6.65

= $4,788

Therefore for computing the Relevant cost of the raw material we simply multiply the raw material in liters with purchased readily of new stock material.

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The reasons why a company opts to expand outside its home market include all of the following EXCEPT:
hram777 [196]

Answer:

E. identifying resources and capabilities in the company's home market.

Explanation:

Expanding into international markets gives a company access to new markets, thereby increases the number of its customers. The company will have to increase its production to cater to a large number of customers.  Bulk production results in the company enjoying economies of scale.

For a company to enjoy to consider international markets, it must have already identified its capabilities in the domestic market. The reason for seeking foreign markets if to fully exploits its existing capabilities and resources. Expanding to international markets involves building on the already identified resources and abilities.

8 0
3 years ago
The income statement of Cullumber Co. for the month of July shows net income of $2,200 based on Service Revenue $6,100, Salaries
saw5 [17]

Answer:

Revenue                                                                      $6,800

Expenses:

  • Salaries and Wages Expense ($2,700)
  • Supplies Expense ($1,050)
  • Depreciation expense ($250)
  • Insurance expense ($600)
  • Utilities Expense ($400)                                   <u>($5,000)</u>

Net income                                                                  $1,800

1) you must add insurance expense

2) you must decrease supplies expense = $1,200 - $150 = $1,050

3) you must add depreciation expense

4) you must increase salaries and wages expense = $2,300 + $400 = $2,700

5) you must increase revenue = $6,100 + $700 = $6,800

3 0
3 years ago
All of the following are ways to collect useful marketing research information except
prohojiy [21]

Answer:

impulsively stopping persons on the street to inquire about their buying habits

Explanation:

For businesses which are to be started, conducting marketing research can help the business know the products that would generate profits while for existing businesses, market research help companies to determine if their customers are satisfied with their services. Ways of conducting market research are:

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Using information from commercial or governmental data sources may not be reliable because it may be outdated.

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3 years ago
True or False:
sergey [27]
The correct answer is true hope this helps!
8 0
3 years ago
You need to resolve a disagreement between two subordinates who want to take their vacation at the same time, but you need one o
BigorU [14]

You need to send email and schedule a meeting to handle this disagreement.

<h3><u>How to handle such disagreements ?</u></h3>
  • In the business sector, conflict resolution is essential since it helps to distinguish between excellent and poor companies. What procedures should you use as a business owner to resolve a dispute?
  • The points you can follow are:
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  • 3. Actively listen to what everyone has to say.
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To view similar question on handling disagreement, refer to:

brainly.com/question/12752561

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3 0
2 years ago
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