Biotechnology helps increase the crop yields to meet human needs and demands in the years to come. Assuming that the production of crops today, March 2017 is 10 million tons and the demand for crops is determined using the given population which is 7 billion. If an average person needs 10 kg of food daily, the needed food is a total of 70 million tons. The current supply is 10 million tons per day, so a balance of 60 million tons per day is still needed. Therefore, farmers have to produce 85.71% more grain to feed human population in 2018.
Answer:
c. Accounting
Explanation:
Value chain refers to various linked activities in creating a product wherein at each stage, certain value is added. The concept was given by Michael Porter.
Porter divided the value chain activities into two groups i.e primary activities and secondary or support activities.
As the name suggests, support activities refer to those activities which aid or support the primary activities.
One of the support activities mentioned by Porter is the Infrastructure, which includes accounting function of an enterprise.
Answer:
$1.75 and $4,500
Explanation:
The computation of the fixed cost and the variable cost per unit by using high low method is shown below:
Variable cost per unit = (High total cost - low total cost) ÷ (High unit produced - low unit produced)
= ($74,500 - $36,000) ÷ (40,000 units - 18,000 units )
= $38,500 ÷ 22,000 units
= $1.75 per unit
Now the fixed cost equal to
= High total cost - (High units produced × Variable cost per unit)
= $74,500 - (40,000 units × $1.75)
= $74,500 - $70,000
= $4,500
We simply applied the above formulas
Answer:
The Contra Entry is the transfer of cash. Hope this helps!
