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According to business operation and standards, inflexible or unreliable processes cause organizations to produce goods before required; this is called "<u>Overproduction</u>."
<h3>What is Overproduction?</h3>
Overproduction is a term used to describe a situation in which a business firm produces or supplies an excess quantity of products that is way more than the quantity demanded in the market.
<u>Overproduction</u> of products usually leads to lower prices and sometimes unemployment of labor.
Hence, in this case, it is concluded that the correct answer is option C. "Overproduction."
Learn more about Overproduction here: brainly.com/question/8900736
Answer:
Tuition for a course in marketing is deductible business expense
Explanation:
There are a few expenses related to business that a self-employed could claim deductions on. Some of these expenses are cost of meal and travel expenses fore business purpose.
One such deductible expense is tuition fees incurred on a course to hone current job skills. Tuition fees incurred on attending a course that is not related to current business is not deductible.
Groceries to prepare lunch and clothes bought to wear to work are considered personal and not business expenses and so are not deductible.
Answer:
Knit units = 1,600
Hard units = 400
Explanation:
The calculation of sold of knit hats and hard hats is shown below:
For computing the sold of knit hats and hard hats first we need to find out the total of Knit Hats and Hard Hats and secondly we need to find out the Break even sales in units
Knit Hats Hard Hats Total
Sales a $15.00 $25.00
Less: Variable
Expenses b $5.00 $10.00
Contribution Margin $10.00 15.00
c = a - b
Weight d 0.80 0.20
Weighted Contribution 8.00 11.00
e = c × d
Now,
Break even sales in units = Fixed cost ÷ Contribution margin per unit
=$22,000 ÷ 11
= 2,000 units
So,
Knit Hats to be sold = Break even sales in units × Knit percentage
=2000 × 80%
= 1,600 units
Hard Hats to be sold = Break even sales in units × Hard hats percentage
= 2,000 × 20%
= 400 units
