1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Harman [31]
4 years ago
10

Omega Manufacturing employs some of the top professionals in its field, and because of their skills and experience, Omega is hig

hly efficient and outperforms its competitors. Omega Manufacturing has a(n) ________ over its competition.
Business
1 answer:
Kaylis [27]4 years ago
8 0

Answer:

Omega has a competitive advantage over its competition.

Explanation:

Competitive advantage involves factors which put a company in higher position compared to the competitors. It also referred to as competitive edge. There are types of competitive advantage which include cost, differentiation, and people. Omega manufacturing falls under the third category as it has gained a competitive edge by investing in top professionals in order to give a cut-throat competition to the rival companies.

You might be interested in
Yurman Inc. uses a job-order costing system. During the month of May, the following transactions occurred: May 1 Purchased mater
balu736 [363]

Answer:

<u>Job cost sheet</u>

Beginning /Materials / Labor / *overhead / Total

>J/58 0    9200   14400   3840 27440

>J/59 0    8900   10800   2880 22580

>J/60 0    6400     7200    1920 15520

          24500 32400 8640 65540

<em><u>Journal entries:</u></em>

raw materials    29670

accounts payable   29670

WIP   24500

raw materials   24500

WIP   32400

wages payables   32400

factory overhead   17880

accounts payable   17880

WIP   8640

factory overhead   8640

Finished Goods   50,020**

WIP inventory   50,020

     

***COGS              53,040

Finished Goods   53,040

Accounts receivables     74256

         *4  Sales revenue            74256

Explanation:

* the overhead is calcualte as the direct labor per job (800 ; 600;  400 respectively) times the overhead rate of 4.80

** the finished goods are Job 58 for a cost of 27,440 and 59 which cost is 22,580 we add the mand get 50,020 for the amount transferred int ofinished goods

***the cost of good sold will be J/57 of 25,600 plus J/58

*4 the sales revenue will be COGS times 1.4 as is the manufacturing cost plus a 405 markup.

3 0
3 years ago
Chiquita produces bananas for an average explicit cost of $0.25 per banana and sells 1 million bananas per week for a price of $
VLD [36.1K]

Answer:

Chiquita makes an economic profit of $250,000.

5 0
3 years ago
(TCO C) Oceanside bank converts a dollar of equity into 10 cents of net income and has $9.50 in assets per dollar of equity capi
ZanzabumX [31]

Answer:

7.02%

Explanation:

(0.10/9.5)/0.15 = 7.02%

7 0
3 years ago
Canyon Tours showed the following components of working capital last year: Beginning of YearEnd of Year Accounts receivable$ 25,
Scilla [17]

Answer:

a. - $3,200

b. $15,200

Explanation:

The computation of the working capital for both the years is shown below:

Beginning of Year

= Accounts receivable + inventory - accounts payable

= $25,400 + $12,700 - $15,200

= $22,900

End of year

= Accounts receivable + inventory - accounts payable

= $23,700 + $13,900 - $17,900

= $19,700

So, the change in net working capital

= $22,900 - $19,700

= - $3,200

b. The computation of the  cash flow for the year is shown below:

= Sales - costs - change in working capital

= $36,700 - $24,700 - (-$3,200)

= $15,200

4 0
3 years ago
the design of a service system often is used by management to the cost of capacity in relation to the expected cost of customers
ale4655 [162]

The design of a service system often is used by management to Balance the cost of capacity in relation to the expected cost of customers waiting.

<h3>What is expected cost?</h3>

Expected expenses are the estimates of prices that you enter before you receive the item's invoice, such the price of a purchased item. Both inventories and the general ledger can be updated with predicted costs.

This is what the functionality performs, according to Dynamics NAV help: Expected expenses are the calculations you do before you actually receive the invoice for the item, such as the price of a purchase. Both inventories and the G/L can be updated with predicted costs.

The amount of money held in a financial institution, such as a savings or checking account, at any particular time is known as the account balance. The net amount, which includes all debits and credits, is always the account balance.

When a company or other entity invests money to increase operations or production capacity, it incurs a capacity cost. Costs associated with capacity are a fundamental component of conducting business and are particularly important for start-up and expanding businesses that aim for quick expansion.

Hence, The design of a service system often is used by management to Balance the cost of capacity in relation to the expected cost of customers waiting.

To learn more about expected cost refer to:

brainly.com/question/25799822

#SPJ4

6 0
2 years ago
Read 2 more answers
Other questions:
  • Use the Washington Post article Why We've Been Hugely Underestimating the Overfishing of the Oceans to answer the question. Whic
    6·1 answer
  • Beasley Industries' sales are expected to increase from $5 million in 2013 to $6 million in 2014, or by 20%. Its assets totaled
    9·1 answer
  • The germane family has found the perfect house in thessaloniki, greece that they would like to use for their summer vacation. to
    11·1 answer
  • Statement of retained earnings   Hayes Enterprises began 2019 with a retained earnings balance of $ 928 comma 000. During 2019​,
    5·1 answer
  • During 2022 Wildhorse Co. had sales on account of $770000, cash sales of $303000, and collections on account of $515000. In addi
    11·1 answer
  • You get a 15% discount if you buy a new range listing at $924.95 and a new freezer listing at $12,695.95 on the same bill. What
    15·1 answer
  • When output increases, the PPC of the economy , indicating in the economy.
    9·2 answers
  • As an Austrian–Thai company, Red Bull has done a remarkable job of positioning itself internationally by coming across as a loca
    11·1 answer
  • When evaluating business plans THESE are primarily concerned with the four Cs of credit. Employees Investors Vendors Lenders
    14·1 answer
  • Julie is 25 years old and living in an apartment. She is thinking about quitting her job and returning
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!