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3 years ago

An agribusiness company that owns farms and food processing plants represents which of the following concepts?

2 answers:

8 0

The answer is option "C", "vertical integration".

Vertical integration refers to an arrangement or plan in which the inventory network of an organization is claimed by that organization. Normally every individual from the inventory network delivers an alternate item or (market-particular) benefit, and the items consolidate to fulfill a typical need.

Anvisha [2.4K]3 years ago

5 0

An agribusiness company that owns both farms and food processing plants is an example of vertical integration. Vertical integration is when one company owns multiple entities that contribute to different stages of production.

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. The landlord can sue the renter

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3 years ago

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What are three goods provided by the federal government?

Rudiy27

Housing insurance and food stamps I think?

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2 years ago

Josh has been asked to be a part of a new business venture that develops wind energy technologies. since the business involves h

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3 years ago

You are planning an AD implementation for a company that currently has Sales, Accounting, and Marketing departments. Each depart

netineya [11]

Answer:

Delegation of control

Explanation:

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2 years ago

The Shapely Company uses the high-low method to determine its cost equation. The following information was gathered for the past

Naddik [55]

Answer:

$633,000.

Explanation:

We use the High-low method to get the cost formula:

$\left[\begin{array}{ccc}High&14,250&710,000\\Low&9,250&570,000\\Diference&5,000&140,000\\\end{array}\right]$

This means 5,000 machine hours generate 140,000 labor cost

We divide and get the variable cost generate per machine hour:

Cost 140000

machine hours 5000

140,000/5,000 = 28

variable cost 28

Next, we use this to calculate the fixed cost:

total cost = variable cost + fixed cost

fixed cost = total cost - 28 X DL

High:

Total Cost 710,000

Variable 399,000 (14,250 x 28)

Fixed Cost 311,000

Low:

Total Cost 570,000

Variable 259,000 (9,250 x 28)

Fixed Cost 311,000

Now with the cost formula we solve for 11,500 machine hours

cost = 311,000 + 28 X Machine Hours

cost = 311,000 + 28 x 11,500

cost = 633,000

6 0

3 years ago