Material requirements plus an allowance for normal inefficiencies are added together to determine the Quantity Standard of a direct material per unit of output.
<h3>What is
direct material ?</h3>
The cost of direct materials, which may be easily recognised with the unit of production. In the manufacture of light bulbs, for example, the cost of glass is a direct material cost. Material was required as the primary component in the creation of items or goods.
Direct material refers to the physical components of a product. A baker's direct materials, for example, include flour, eggs, yeast, sugar, oil, and water. The direct materials concept is utilised in cost accounting, where this expense is categorised independently in various types of financial analysis.
Direct materials are those that are essential to the manufacturing process and can be traced back to the specific product manufactured.
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Answer:
increase short-run aggregate supply.
Explanation:
Given that energy is an important part of the production process. It is often considered to be the next in line after labor, thereby having a significant effect on the economy's aggregate supply of real production.
Hence, a decrease in energy prices will decrease the production cost and in turn lead to an increase in short-run aggregate supply, thereby making the SRAS curve shift rightward.
This is because a decrease in energy prices will make it possible for companies to increase their supply of real production at a cheaper cost
Is the 3 % an annual rate or monthly rate? Whats the initial amount deposited?
Then I can better help answer your question.
Increase the promotion budget to gain greater awareness
Explanation:
- Coat's manager continues to perform well in the market competing product as strong and is looking to take over the market share leader in segment.
- The coat product manger in order to improve the buying criteria, and thus potentially increase demand the best product manager should purchased.
- Marketing and promoting is a strategy in which one can communicate the customers and target prospective customers to buy the products.
- Thus increasing the demand of the product and thereby increase the promotion budget and gain greater awareness.
