Utilization can be calculated using the formula utilization
= average output rate / maximum capacity.
Utilization = number of lots x setup time + processing time
x number of units / number of hours per day x working days per year
Utilization = [200 x 1 + (45/60) x 2000] / (8 x 215) = 1700 / 1720
Utilization = 0.9884
The utilization is 0.9884 or 98.84%. capacity cushion can be
calculated by subtracting the utilization from 1. The capacity cushion is 0.01163
or 1.17%
The day to day business of the UN is performed by the Secretariat
This day to day business including : Setting up Today's agenda for the deliberative members of the UN and implementing the decision made by the United Nation's Councils
Answer:
Total asset turnover is 1.035.
Explanation:
The total assets that the company had = $932000
Gross sales = $1097000
Net sales = $965000
The total asset turnover can be determined by dividing the net sales with average total assets. Here, the average total assets are $932000 and net sales is $965,000.
Total asset turnover = net sales / average total assets
= 965000 / 932000
=1.035
If there is a high level of PERCEIVED RISK, then consumers will take more time and effort in making a decision.
Think for example buying a house versus buying a soda.
There is not much thought needed when you are buying a soda. Choose which brand and what size, you are done.
When buying a house, because it is both more complex and more expensive, there is a greater perceived risk of losing money. When buying a home, it is a large investment and carries much risk, therefore the consumer will take more time and effort evaluating the purchase decision.
Explanation:
The journal entry is shown below:
Cost of goods sold Dr $1,400
To Merchandise inventory $1,400
(Being the inventory shrinkage is recorded)
It is computed below:
= $43,000 - $41,600
= $1,400
For recording this given journal entry, we debited the cost of goods sold and credited the merchandise inventory.
