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The input for the secondary sector comes from the primary sector. It comprises of all the raw materials that the secondary sector needs to process and produce goods. It generates money for some nations and can be considered "cash crops" because to its importance and worldwide commerce in sustaining the secondary sector, which is growing. This covers forestry, fishing, mining, and agriculture. In contrast, the tertiary sector creates services, while the secondary sector creates manufactured items. In less developed nations, the primary sector is frequently more significant than in industrialized nations.
Thank you,
Eddie
Answer:
Emergence.
Explanation:
In this context, it can be said that Suzanne, Kyle and Monique are in the emergence phase of group decision making.
This phase occurs right after the conflict phase, in the emergence phase the ideas will be finally defined and there will be a consensus among the team.
At this stage it is common for the individual interests and needs of the team members to be set aside in favor of the team's interests.
Therefore, project members also tend to adopt a more softening stance and opinions with the intention of not appearing dominant in relation to the project.
Answer:
The gross profit margin for the cat condo is 50%
Explanation:
Since the gross profit per unit is not given, so first we have to find it. The calculation is shown below:
= Selling price per unit - Direct materials cost per unit - direct labor costs per unit - Manufacturing overhead per unit
= $90 per unit - $15 per unit - $10 per unit - $20 per unit ( $10 per unit × 200%)
= $45 per unit
Now apply the Gross profit formula which is shown below:
= (Gross profit per unit ÷ selling price per unit) × 100
= ($45 per unit ÷ $90 per unit) × 100
= 50%
Answer:
Product cost per unit = $13
Explanation:
<em>Absorption costing values units of inventory and production using full cost per unit. Full cost per unit includes variable cost and a portion of fixed production overheads. The fixed production overhead are charged to cost units using predetermined overhead absorption rate.</em>
The full cost per unit = D.mat cost + D.labour cost + Variable overheads+ Fixed overheads.
Total full absorption cost = 125,000 + 100,000 + 75,000 + 25,000=325,000
Full cost per unit = Total full absorption cost/Number of units
= 325,000/25,000 =$13
<em>Note that we excluded non- production cost like selling and administrative from the computation because they are not related to production</em>
Product cost per unit = $13
