In critical listening, it is important to determine the accuracy of facts.

A toy manufacturer has excellent sales figures for its toys in country P but inadequate figures in the neighboring country R. In

cluponka [151]

Answer: Analogy

Explanation:

The method of forecasting that this example illustrate is analogy. Forecast by analogy refers to the forecasting method which simply assumes that two different kinds of situations have identical models and therefore share the same model of behaviour.

This can be infered from the situations that once the per capita GDP is known for the country, the per capita demand for the toys can be estimated.

6 0

3 years ago

Which document determines the number of shares in a company? a stock prospectus an annual bill of rights a corporate charter an

Nezavi [6.7K]

Answer: Corporate charter

Explanation:

The corporate charter is also referred to as the articles of incorporation. It is a document that contains the major components that make up a company, like the objectives of the company, the structure of the company, the number of shares the company has for sale and the planned operations of the company.

When a corporate charter is approved by the state, then the company will become a legal corporation. The corporate charter also contains the names of the people that are involved in its formation.

5 0

3 years ago

Read 2 more answers

A food product is pulled from the consumer market after preliminary testing, before data conclusively proves that it causes panc

raketka [301]

Answer:

The precautionary principle

Explanation:

7 0

3 years ago

Lucy Sportswear manufactures a line of specialty T-shirts using a job order costing system. In March the company incurred the fo

wlad13 [49]

Answer:

Unitary cost of goods sold= $5.95

Explanation:

Giving the following information:

direct materials= $13,200

direct labor= $4,900

Job ICU2 required 800 machine hours.

Factory overhead was applied to the job at a rate of $25 per machine hour.

The cost of goods sold is calculated using the direct material, direct labor, and applied factory overhead.

First, we need to calculate the allocated overhead:

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Allocated MOH= 25*800= 20,000

Now, we need to calculate the cost of goods sold per unit:

Total cost= 13,200 + 4,900+ 20,000= 38,100

Unitary cost= 38,100/6,400= $5.95

Unitary cost of goods sold= $5.95

4 0

3 years ago

A truck is to be driven 300 miles on a freeway at a constant speed of x miles per hour. Speed laws require that 35 ≤ x ≤ 55. Ass

mixer [17]

Answer:

x = 55 Miles per hour

Explanation:

Length of trip, L = 300 miles

If "x" is the velocity in miles per hour, time t taken to complete the trip = Length / velocity

t = L / x

There are two components of cost:

The cost per hour for fuel is C dollars, and the driver is paid W dollars per hour.

Hence the cost for the entire trip = The cost per hour for fuel x total number of hours + Hourly cost driver x total number of hours = C*t + W*t

C = 2 + (1/600)*x², W = 13.00 and t = 300 / x

Hence our total cost of the trip,

TC(x) = (2 + (1/600)*x²)*(300 / x) + 13*(300 / x)

TC(x) = (4500 / x) + (x / 2)

In order to minimise this total cost, we need to differentiate this with respect to x and equate it to zero:

TC’(x) = ((4500 / x) + (x / 2))’ = 0

(- 4500 / x²) + (1 / 2) = 0

this equation gives x₁ = - 94.868 and x₂ = 94.868

as we know that 35 ≤ x ≤ 55

we can say that x = 55 Miles per hour (which is the maximum value)

7 0

3 years ago