Answer:
Beginning and Ending
Explanation:
COGM stands or termed as Cost of goods manufactured, which is used in the managerial accounting, it refers to the statement, which shows the aggregate production costs of the company or business during a particular period of time.
In short it is the aggregate cost which is incurred to manufacture the products and transfer the products into the finished goods inventory for the purpose of retail sale.
The formula to evaluate the COGM is:
COGM = Cost of Manufactured goods (involve Direct Materials Used, Manufacturing Overhead and Direct Labor Used) + Starting Work in Process (WIP) Inventory - Ending Work in Process (WIP) Inventory
Answer and Explanation:
The computation is shown below:
But before that we need to do the following calculations which are shown below:
The Contribution per unit of faucet is
= $75 - $15
= $60
And, the Contribution per unit of pitcher filter is
= $100 - $30
= $70
Now Contribution per unit in present sales mix is
= [($60 × 2) + ($70 × 3)] ÷ 5
= ($120 + $210) ÷ 5
= $66 per unit
And
The Fixed cost is
= $1,000,000 + $200,000
= $1,200,000
Now
Break even units is
= $1,200,000 ÷ $66 per unit
= 18,181.81 units
For faucet, it is
= (18,181.81 × 2) ÷ 5
= 7,272.72 units
For pitcher filter, it is
= (18,181.81 × 3) ÷ 5
= 10,909.086 units
Answer:
False
Explanation:
The statement is false: because
As provided the doctors are identical and even there parents cannot differentiate properly and are mistaken sometimes.
As the doctors practice across the hall, that is the same place, any customer if there is an increase in fee of Doctor 1 will substitute his doctor, into another, as both are common with knowledge, and practice.
This will lead to fall of customers or patients at a change of fees, to another doctor.
Thus the price elasticity of demand is infinite, as all customers might be loosed.
Therefore, the statement is false.
Carrots. For garnishing and presentation purposes, carrots and the brilliant colors of Swiss chard ribs are similar in color, texture and crispiness. On the other hand, if you are looking for a similar taste, celery can be a substitute for the ribs of Swiss Chard. It is mild in flavor and works great as a replacement.