Answer:
7 years
Explanation:
45000(1.01)^28= roughly 60,000
28/4 (quarters) = 7 years
Answer:
2,800 units
Explanation:
The computation of the ending work in progress units is shown below:
= Beginning inventory units + units started - transferred units to the second processing department
= 2,100 units + 8,500 units - 7,800 units
= 2,800 units
All other information which is given in the question is not relevant. Hence, ignored it
Answer: Option B
Explanation: In simple words, functional departmentalization refers to the process in which an organisation makes different departments within, for performing different tasks.
For example - all the activities related to procurement of money will be performed by finance department.
The main advantage of doing so is that each department will perform only specific assigned activities and all the employees working in the departments will be those who are experts in the field.
Answer:
Remain same
Explanation:
In this situation, China makes tablets and smartphones only. The equipment used to manufacture these two products is nearly the same, the same collection of tools is equally useful in manufacturing both smartphones and tablets. So there is the constant opportunity cost of both commodities.
Resources are similarly appropriate for the manufacturing of two varied goods at a constant opportunity cost.
Therefore, the opportunity costs for additional smartphone remains the same.
