The function in a reverse logistics process that takes used goods from customers and distributes them to the production process or to distributors and retailers is the returns processor.
<h3>What is reverse logistics?</h3>
In order to recapture value and put a stop to the product's lifespan, reverse logistics is the set of operations that are carried out following a sale. Usually, this entails sending a product back to the maker or distributor, or sending it somewhere else for repair, recycling, or servicing.
Reverse logistics, on the other hand, refers to any process that is carried out after a product has been sold. When a product is determined to be flawed, for instance, it is returned to the manufacturer for inspection, testing, repair, disassembly, recycling, or appropriate disposal.
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Complete Question:
A(n) ________ involves a firm in one country agreeing to operate facilities for a firm in another country for an agreed fee.
Group of answer choices
A) franchising agreement
B) licensing agreement
C) management contract
D) indirect investment
Answer:
C) management contract
Explanation:
A management contract involves a firm in one country agreeing to operate facilities for a firm in another country for an agreed fee.
In Business, management contract can be defined as a legal or legitimate written agreement which enables a separate business, as well as perform the necessary managerial functions such as coordination and oversight functions on its behalf but in return for an agreed upon fee.
Answer:
The manufacturing overhead was allocated in total during the year is $20,500
Explanation:
The computation of the allocated manufacturing overhead is shown below:
= (Actual manufacturing overhead costs + over allocated manufacturing overhead) ÷ (predetermined manufacturing overhead rate)
= ($29,500 + $1,250) ÷ ($1.50)
= $30,750 ÷ $1.50
= $20,500
The direct labor cost should not be considered in the computation part. Hence, ignored it
Answer:
$47,100
Explanation:
The cost of goods available for sale is the sum of the opening balance and the net purchases during the period.
The net purchases is the difference between the total purchases and the allowances and discounts and returns.
Hence,
Cost of goods available for sale
= $15,000 + $40,000 - $2,000 - $500 - $5,700 + $300
= $47,100