Answer:
3. Low value-to-weight ratio.
Explanation:
Value to weight ratio is a measure under supply chain management which represents the monetary value of a product per kilogram or pound.
This is amongst the most important factors which determine a product's shipping to different markets and consumers and also determine the modes of shipping.
A low value to weight ratio conveys that products should rather be manufactured at the different markets instead of shipping them and incurring a higher cost. For example, paints have low value to weight ratio.
In the given case, Jumpin products produce heavy weight playground equipment. It can choose to produce such products elsewhere rather than shipping such products and incurring heavy costs. The company's exporting strategy can be affected by the transportation costs involved as well as low value to weight ratio.
Answer:
The Journal entries are as follows:
(a)
Bad Debt Expense A/c Dr. $440
To Allowance for Doubtful Accounts $440
(To record the bad debts)
Workings:
Bad Debt Expense = 1% of Total revenue
= 0.01 × $44,000
= $440
(b)
Bad Debt Expense A/c Dr. $439.34
To Allowance for Doubtful Accounts $439.34
(To record the bad debts)
Workings:
Bad Debt Expense = 2% of accounts receivable
= 0.02 × $21,967
= $439.34
Explanation:
shortage is when a particular thing is present for use but not up to what the person needs.
scarcity is when a thing or object ceased to be used or non availability of a particular thing for a particular period of time.
Answer:
Please see below
Explanation:
Given that:
Number of chairs sold = 35,000
Cost per chair $79
The cost of goods sold that must be eliminated from the consolidated
= Number of chairs sold × Cost per chair
= 35,000 × $90
= $2,765,000
Therefore, for computing the cost of goods sold to be eliminated, we simply multiply the number of chairs sold with cost per chair.
Answer:
The customer returned the shirt, because the athlete’s team number was incorrect - Purchasing Department
The concert venue store ran out of packaging supplies - Production Department
The band’s performance was well received in the market due to good promotional schemes - Marketing Department
The budget for the next year included an additional component for promoting improvements to the arena - Finance Department
Explanation:
Got right on plato
