Answer: Supplier selection process
Explanation: The process of selecting a supplier for the procurement of raw material for producing output is referred to as supplier selection process. In this process, the purchases analyzes deals from various alternatives of suppliers and choose the one that maximizes the purchasers profit.
Thus, from the above explanation we can conclude that the given case illustrates the supplier selection process.
Answer:
2018 = $4,945.46
2019 - $4,450.91
Explanation:
sum-of- the-years'-digits depreciation expense =( number of useful lives remaining / sum of the years ) x (Cost of asset - residual value)
sum of the years = 1 +2 +3 + 4 + 5 + 6 + 7 + 8 + 9 + 10 = 55
depreciation expense in 2018 = (10 / 55 ) x ( $33,600 - $6,400) = $27,200 X 0.181818 = $4,945.46
depreciation expense in 2018 = (9 / 55 ) x ( $33,600 - $6,400) = $27,200 X 0.163636 = $4,450.91
Answer:
$11,200, $2,400
Explanation:
Assume the small-country model is applicable. If the world price of the product is $6 and a tariff of $1 per unit is applied to imports of the product, then the total revenue (after tariff) going to domestic producers would be $11,200, and the total revenue (after tariff) going to foreign producers would be $2,400
The <u>correct answer</u> is the Cost of goods sold <em>includes the expenses of buying and preparing an item for sale, it is used to figure gross profit, it is an expense reported on the income statement and it is also called cost of sales.</em>
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Cost of goods sold is an <em>accounting term </em>and its is used to describe the amount of direct <em>costs of producing </em>the goods sold by a company.
- Purchases for the period, Beginning inventory and Ending inventory for the period are the notably particulars used to derive this cost in accounting.
- Let understand also that there is significant difference between Cost of goods sold and Cost of goods available for sales.
In conclusion, this accounting term is listed on the income statement, usually below the <em>sales revenue </em>and before <em>the gross profit.</em>
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<em>brainly.com/question/13499038</em>
Answer:
The correct answer is letter "B": For both the millionaire and the pauper, the marginal utility they derive from the one-thousandth dollar is less than the marginal utility they derive from the five-hundredth dollar.
Explanation:
Utility is referred to as the degree of satisfaction perceived by individuals while consuming a product or service. Marginal utility reflects the aggregate utility of consuming one more sample of a product. Interpersonal utility comparisons are made to measure how much utility represents the satisfaction of a need for one individual and another.
In such scenario,<em> the marginal utility of spending $5,000 will be higher than spending $1,000 for both the rich and the poor because one amount itself is greater than the other which implies more goods and services can be acquired (mostly on the poor's side) or invested (mostly on the rich's side).</em>
