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snow_lady [41]
3 years ago
13

Which of the following stages in a buying sequence will result in a specific option or set of options from which price, delivery

, system compatibility, and other characteristics can be determined?
a. Determine the characteristics
b. Establish specifications
c. Search for and qualify potential suppliers
d. Request proposals
Business
1 answer:
storchak [24]3 years ago
3 0

Answer:

C.

Explanation:

Since determine of characteristics has already been established the next would be to search.

You might be interested in
Wheeler’s Bike Company manufactures custom racing bicycles. The company uses a job order cost system to determine the cost of ea
kirill [66]

Answer:

predetermined overhead rate: 14.51 dollars per labor hour

applied overhead at 18,500 hours: 268,435 dollars

Explanation:

\frac{Cost\: Of \:Manufacturing \:Overhead}{Cost \:Driver}= Overhead \:Rate

we distribute the expected overhead over the cost dirver. In this case direct labor hour:

cost driver: labor hours:

labor cost: 231,322 / 12.71 labor rate = 18,200 labor hours

<u>expected overhead:</u>

depreciaiton 53,500

supervisor    135,000

supplies         42,900

property tax   32,750

total overhead 264,150‬

overhead rate: 264,150 / 18,200 = 14,51373626373626 = 14.51/hr.

applied: 18,500 x 14.51 = 268.435‬

3 0
3 years ago
At December 31, 2019, Sharon Lee Corporation reported current assets of $343,980 and current liabilities of $196,600. The follow
gtnhenbr [62]

Answer:

1.97 times

Explanation:

The formula to compute the current ratio is shown below:

Current ratio = Total Current assets ÷ total current liabilities

Current ratio before any adjustment is shown below:

So, current ratio = $343,980 ÷ 196,600 = 1.75 times

Current ratio after  adjustments are shown below:

Current assets = Before adjustment balance + goods purchased costing - physical count of inventory + freight-in charges

= $343,980 + $20,440 - 11,890 + 3,040

= $355,570

Current liabilities = Before adjustment balance - goods not received

                            = $196,600 - $15,950

                            = $180,650

So, the current ratio would be

= $355,570 ÷ $180,650

= 1.97 times

3 0
3 years ago
Simko Company issued $750,000, 8-year, 6 percent bonds on January 1, 2018. The bonds were issued for $710,000. Interest is payab
11Alexandr11 [23.1K]

Answer:

Bond issuance:

Dr cash                                          $710,000

Dr discount on bonds payable    $40,000

Cr bonds payable                                           $750,000

The payment of interest on December 31, 2018:

Dr interest expense     $50,000

Cr discount on bonds payable    $5000

Cr cash                                           $45,000

Explanation:

The bonds were issued at a discount to their face value, as a result, the discount on bonds payable is computed thus:

discount on bonds payable=$750,000-$710,000=$40,000

Bonds payable would be credited with $750,000 while cash and discount on bonds payable would be debited with $710,000 and $40,000 respectively

annual discount amortization=$40,000/8=$5000

annual coupon=$750,000*6%=$45000

6 0
3 years ago
If a new home can be constructed for $150,000, what is the opportunity cost of federal defense spending, measured in terms of pr
FrozenT [24]

Answer:

4 million  houses

Explanation:

Opportunity cost is the forfeited benefit as a result of choosing one option over others.  Its value equals the cost of the next best alternative.

The cost of constructing a new home is $150,000.  If the Federal Defence has a budget of $600 billion, the opportunity cost of spending that amount will be the equivalent number of units that can be built by the amount.

To calculate the number of units= $600 billion divided by $150,000

= $600,000,000,000/ $150,000

=4,000,000

=4 million units

6 0
3 years ago
If asset owners in Japan and the United States consider Japanese and U.S. assets as good substitutes for each other and if the U
Aleksandr [31]

Answer: financial inflow will reduce the United States interest rate.

Explanation:

The options include:

a. financial inflow will reduce the United States interest rate.

b. financial outflow will increase the Japanese interest rate.

c. The interest rate gap between the United States and Japan will be eliminated.

d. Loanable funds will be exported from the U.S. to Japan

e. the interest rate in the United States will equal theinterest rate in Japan.

Based on the information given in the question, the things that will occur include:

• financial outflow will increase the Japanese interest rate.

• The interest rate gap between the United States and Japan will be eliminated.

• Loanable funds will be exported from the U.S. to Japan

• the interest rate in the United States will equal the interest rate in Japan.

Therefore, option A is the correct option.

6 0
3 years ago
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