Answer:
The equivalent units of production for materials during the period is 32,250 units.
Explanation:
Using first-in, first-out
Units Started and completed are the units received from the previous department - ending
34,500- 4,500=30,000
Units in production for materials
Beginning WIP 0 ( the whole materials were added at the previous period)
Started and completed 30,000
Ending WIP 2,250 (4,500 x 0,50) (50% complete as to materials)
Total materials 32,250
Answer:
An enterprise resource planning (ERP) system is:
(a) A collection of integrated software for every functional area within an organization.
Explanation:
Answer:
A change in the expectations of consumers about prices - a shift of the demand curve for peanut butter
A decrease in the price of peanut butter - a movement along the demand curve for peanut butter
A decrease in the number of consumers - a shift of the demand curve for peanut butter
Explanation:
Only a change in price of a product would lead to a movement along the demand curve for that product.
A decrease in the price of peanut butter would increase the quantity demanded for butter. This would lead to a movement down the demand curve.
A change in the expectations of consumers about prices can shift demand curve either to the left or right.
A decrease in the number of consumers would shift the demand curve to the left.
I hope my answer helps you
Answer:
$207000 is the sales revenue for the year.
Explanation:
The given situation is:
Sales Revenue 100%
Cost Of Goods sold <u> 60% </u>
Profit Margin 40%
Now we neither have sales revenue figure nor the profit margin figures but we can calculate cost of goods sold from the following formula:
Cost Of Goods Sold = Opening Inventory + Purchases - Closing Inventory
By putting values we have:
Cost Of Goods Sold = $54,000 + $109,800 - $39,600
Cost Of Goods Sold = $124,200
Now cost of goods sold is 60% which means if we want to go at 100% we will divide with the percentage at which we are standing (60%) and multiply with the percentage which we want to calculate (Sales is 100%).
Sales revenue = Cost of goods sold * 100% / 60%
Sales revenue = $124200 * 100% / 60% = $207,000
By using technology, cities are able to track data about public problems, generated often by citizens, to develop effective policy solutions. In addition to helping with internal planning and addressing municipal problems, cities can use technology to advertise their assets.
