All categories

2 years ago

Competitive priorities:

1 answer:

7 0

Option B, Competitive priorities are the cost, quality, time and flexibility dimensions that a process or supply chain actually possesses and is able to deliver.

Explanation: 

Competitive goals are vital dimensions to please both internally and externally consumers of the system or supply chain, either now or in the future.

Competitive characteristics are the expense, the efficiency, the time and the dimension of versatility that a system or supply chain can really deliver.

Cost: Low-cost operation: distribution to the fulfillment of the internally or externally buyers of the processor food supply of a product at the minimum cost. (Costco)

Quality: reliable production of goods or services that follow design requirements. (McDonalds)

Time: rapid introduction of a new service or product .

Flexibility: accelerate or decelerate service and/or product production rates to tackle significant demand variations quickly .

You might be interested in

At June 30, Almond Co.'s cash balance was $10,012 before adjustments, while its ending bank statement balance was $10,772. Check

Lunna [17]

Answer:

The correct option here is B) $9,961.

Explanation:

For taking out the adjusted cash balance at June 30 we will subtract the error in ledger amount and debit memo for monthly service charge and add the interest earned from the initial cash balance before any adjustment is made.

INITIAL CASH BALANCE = $10,012

(-) ERROR IN LEDGER = $95 -$59

= $36 ( this is the amount that Almond co's have to

pay more )

(+) INTEREST EARNED = $35

(-) SERVICE CHARGES = $50

ADJUSTED CASH BALANCE = $9961

3 0

3 years ago

After evaluating Null Company’s manufacturing process, management decides to establish standards of 2 hours of direct labor per

dolphi86 [110]

Answer:

Instructions are listed below.

Explanation:

Giving the following information:

After evaluating Null Company’s manufacturing process, management decides to establish standards of 2 hours of direct labor per unit of product and $15.50 per hour for the labor rate. During October, the company uses 11,500 hours of direct labor at a $180,550 total cost to produce 6,100 units of product. In November, the company uses 22,500 hours of direct labor at a $355,500 total cost to produce 6,500 units of product.

October:

Direct labor efficiency variance= (SQ - AQ)*standard rate

Direct labor efficiency variance= (12,200 - 11,500)*15.50= 10,850 favorable

Direct labor price variance= (Standard Rate - Actual Rate)*Actual Quantity

Direct labor price variance= (15.5 - 15.7)*11,500= 2,300 unfavorable

Total variation= 10,850 - 2,300= 8,550 favorable

November:

Direct labor efficiency variance= (SQ - AQ)*standard rate

Direct labor efficiency variance= (13,000 - 22,500)*15.5= 147,250 unfavorable

Direct labor price variance= (Standard Rate - Actual Rate)*Actual Quantity

Direct labor price variance= (15.5 - 15.8)*22,500= 6,750

Total variation= 154,000 unfavorable

4 0

3 years ago

Vault-Tec. has annual fixed costs excluding depreciation of $1,000,000 and variable costs that are 75% of sales. If depreciation

alina1380 [7]

Answer:

Vault-Tec's break-even level of sales ==$3,000,000

Explanation:

Break-even point is the level of activity at which a firm must operate such that its total revenue will equal its total costs. At this point, the company makes no profit or loss.

It is calculated using this formula:

Break-even point (sales) = Fixed cost/c/s ratio.

c/s means contribution to sales ratio

C/s ratio = (sales - variable cost)/sales

C/S is the proportion of sales value that is earned as contribution. its is sales less variable costs.

So if for an instance, variable costs are 60% of sales, then contribution will be 40% of sales i.e (100-60)% .

Now we can apply these concepts to our questions:

c/s =( 100-75)% = 25%

Break-even point( sales) = (1,000,000- 250,000)/25%

= 750,000/0.25

=$3,000,000

Note that depreciation is excluded from the fixed costs because it is a non-cash flow item.

Vault-Tec's break-even level of sales ==$3,000,000

3 0

2 years ago

Give an example of a time where you used Physical Capital to make or create something.

MakcuM [25]

Answer:

cash is one example of a physical capital

7 0

2 years ago

Suppose the comparative balance sheets of Windsor, Inc. are presented here. WINDSOR, INC. Condensed Balance Sheet May 31 ($ in m

umka2103 [35]

Answer:

since there is not enough room here, I prepared the comparative balance sheets on an excel spreadsheet.

Explanation:

WINDSOR, INC.

May 31 2017 2016

($ in millions)

Assets

Current Assets $9,520 $8,720

Property, plant, and equipment (net) $2,010 $1,870

Other assets $1,550 $1,610

Total assets $13,080 $12,200

Liabilities and Stockholders' Equity

Current Liabilities $3,210 $3,320

Long-term liabilities 1,210 1,290

Stockholders' equity 8,660 7,590

Total liabilities and stockholders' equity $13,080 $12,200

Download pdf

4 0

2 years ago