Answer and Explanation:
A lot of the information and suggestions in this section assume a staff of at least five or six members, which is the number at which sustaining internal communication can become particularly difficult. This is not meant to imply that smaller organizations don't have internal communication needs, or that the need for good internal communication is any less in an organization with three staff members than in one with 30. If your staff is larger than one, internal communication is an issue that you can't afford to ignore. Most of the material that follows is relevant to small organizations as well as large ones. This section will help you establish an atmosphere and set up systems that will lead to good internal communication and to the effectiveness of your organization.
Answer:
Dollar amount of ending Finished Goods Inventory = $1,073
Explanation:
The first step is to calculate the cost per unit.
Using absorption costing, the cost of one unit is
Cost per unit = direct materials + direct labor + variable manufacturing overhead + fixed manufacturing overhead per unit.
Now, the number of units left in inventory should be defined
Finished Goods Inventory (FGI) = Beginning Finished Goods Inventory + Units produced - units sold
The dollar amount of ending Finished Goods Inventory is FGI multiplied by the cost per unit.
Answer:
Jameson’s opportunity cost of producing one pound of cheese is 0,002 house(s).
Explanation:
Opportunity costs represent the benefits an individual, investor or business misses out on when choosing one alternative over another. Resources are limited, therefore the decision to make a quantity of product A limits the amount of producing product B.
In this exercise, Jameson has the resources to produce 5000 pounds of cheese or 10 houses per year or a combination of both.
To calculate the opportunity cost you need to determine how much of a house is 1 pound of cheese.
Opportunity cost= 10house/5000pounds= 0,002
<u>So to produce 1 pound of cheese you need 0,002 of a house.</u>
This would be C. the Real Estate Agents. The engineering firms are only in charge of the construction of the home and the materials that are to be used for building it. The Architects, on the other hand, are responsible for the design of the home and the placement of the materials of the home. The lending institutions are focused more on providing the home inspector with money that he will need for a piece of property. So that leaves us with the Real Estate Agents. It is these people who deal with the sales of property which is why they are the source of business leads.
