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3 years ago

What do economists call the physical things that firms make (things that can be seen or touched)?

Business

1 answer:

Ede4ka [16]3 years ago

6 0

The answer is A) supplies they don't take it as a services or goods nor is it for the capital.

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At NikeID, you can design your own athletic shoes by selecting the material, choosing the color and even adding other personal t

kondaur [170]

Answer: flexible manufacturing

Explanation: Flexible manufacturing is the type of manufacturing system employed at NikelD, wherein customers through customization can design their own athletic shoes. As such, there is usually equipment and computerized systems configured to manufacture a variety of parts and handling changing levels of production. Doing this serves to improve efficiency while lowering the company's production costs significantly and is a characteristic feature of make-to-order strategies requiring a high degree of customization by customers. This system of manufacturing also creates a method of production designed to adapt to changes in the type and quantity of the product being manufactured very easily.

4 0

3 years ago

Webster Corporation is preparing a master budget for the first quarter. The company budgets production of 2,960 units in January

-Dominant- [34]

Answer:

$59,410

Explanation:

With regards to the above information, we need to calculate first, total number of units for first quarter of the year.

Total number of units for first quarter of the year = 2,960 + 2,740 + 3,440

= 9,140

But, each unit requires 0.5 hours of direct labor.

It therefore means that;

1 unit need ----- 0.5 hours of direct labor

9,140 ----- ?

= (9,140 × 0.5) / 1

= 4,570 hours.

Finally, we will multiply the total hours by the payment per hour, or direct labor rate; which is $13 per hour.

= 4,570 × $13

= $59,410

Therefore, the budgeted direct labor cost for the first quarter of the year is $59,410

5 0

2 years ago

A sales training workshop devoted to communicating the importance of obtaining marketing information from customers would be aim

stich3 [128]

Answer:

the considerate.

Explanation:

The considerate -

According to english language , the meaning of considerate is being very polite , calm and caring.

Hence, from the scenario of the question,

The salespeople need to adapt considerate , i.e. tries to be calm and compose , in order to sell their product , which act as their strategy of selling the product.

Hence,

The correct term is the considerate.

4 0

3 years ago

The potential gross income of a warehouse is $4,200 a month and the vacancy rate is 2 1/2%. The taxes are $3750, the monthly mai

Marrrta [24]

Answer:

$238,320

Explanation:

First we should determine the total yearly revenue:

$4,200 (monthly income) x 12 = $50,400 - 2.5% (vacancy rate) = $49,140

Now we must determine the expenses:

monthly maintenance costs = $350 x 12 = $4,200 per year

taxes = $3,750 per year

monthly reserves for replacement = $250 x 12 = $3,000 per year

management fees = $500 x 12 = $6,000 per year

quarterly landscaping fees = $600 x 4 = $2,400 per year

Total revenues $49,140

maintenance costs ($4,200)

taxes ($3,750)

reserves for replacement ($3,000)

management fees ($6,000)

<u>landscaping fees ($2,400) </u>

net profit per year $29,790

warehouse value = $29,790 / cap rate = $29,790 / 12.5% = $238,320

5 0

3 years ago

You own 25 percent of Unique Vacations, Inc. You have decided to retire and want to sell your shares in this closely held, all-e

Akimi4 [234]

Answer:

$6 million

Explanation:

If 25% of the firm is worth $1.5 million, then 100% of the firm will be worth $6 million (= $1.5 million x 4).

This is an all equity firm, which means it has no liabilities, and it is also a closely held corporation which makes it harder for a stockholder to sell his/her shares. Basically the fair value of the 1,000 shares is the money you can get from your fellow shareholders.

3 0

2 years ago