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Tems11 [23]
3 years ago
14

Suppose from the first step of candy bar manufacture (formation of nougat) to the final step (packaging) each candy bar spends e

xactly 1.25 hours in the process. The company is producing just enough to meet their demand of 20,000 candy bars per hour. How many candy bars are in process, on average? (just enter a number with no punctuation or anything else in your answer, not even commas for large numbers)
Business
1 answer:
noname [10]3 years ago
4 0

Answer:

25,000

Explanation:

Given that,

Time taken from first step to final step, cycle time = 1.25 hours

Demand for candy bars = 20,000

Throughput time = 20,000 candy bars per hour

Candies in process is work in progress:

= cycle time × Throughput time

= 1.25 hours × 20,000 candy bars per hour

= 25,000

Therefore,

25,000 candy bars are in process, on average.

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True or false: forecasts are set on the marketing budget detail spreadsheet.
Sladkaya [172]
The statement above is true. Forecasting is the utilization of notable information to decide the heading of future patterns. Organizations use estimating to decide how to apportion their financial plans or plan for expected costs for an up and coming timeframe. This is regularly in view of the anticipated interest in the products and ventures they offer.
4 0
3 years ago
Read 2 more answers
financial statements include assets listed ata.all of these choices are correct.b.their fair valuec.their historical costd.their
Novay_Z [31]

Financial statements include assets listed at historical costs. Hence, the assets are recorded at their historical cost.

<h3>What do you mean by historical costs?</h3>

The price paid when an asset was purchased is known as the historical cost. On a company's balance sheet, the majority of long-term assets are recorded at their historical cost.

One of the fundamental accounting principles outlined by generally accepted accounting principles is historical cost (GAAP). The use of historical cost is consistent with conservative accounting because it avoids overstating an asset's value.

Hence, Financial statements include assets listed at historical costs. Hence, the assets are recorded at their historical cost.

Learn more about historical costs:

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3 0
1 year ago
g Marlboro Construction enters into a contract with a customer to build a warehouse for $725,000 on April 15, 2021 with a comple
Nookie1986 [14]

Answer:

B. $725,000

Explanation:

The expected value for the contract will be :

10% ($725,000 + 12,000 + 12,000 ) + 30% ($725,000 + 12,000 ) + 25% ($725,000 ) + 20% ($725,000 - 12,000 ) + 15% ($725,000 - 12,000 - 12,000 )

= $ 74,900 + $221,100 +$181,250 + $142,600 + $105,150 = $725,000

Marlboro constructions expected value of the contract is 725,000 based on the given probability estimates of contract completion.

8 0
2 years ago
Jack Spratt is the production manager for a manufacturing firm that produces wizzy-gadgets and other items. The annual demand fo
Assoli18 [71]

Answer:

200 units      

Explanation:

For computing the number of units produced each time we need to applied the economic order quantity formula which is shown below:

= \sqrt{\frac{2\times \text{Annual demand}\times \text{Ordering cost}}{\text{Carrying cost}}}

where,

Annual demand is 1,600 units

Ordering cost per order is $25

And, the carrying cost or holding cost per unit per year is $2

Now placing these values to the above formula

So, the economic order quantity is

= \sqrt{\frac{2\times \text{1,600}\times \text{\$25}}{\text{\$2}}}

= 200 units          

8 0
3 years ago
Which of the following questions are addressed by financial managers? I. How should a product be marketed? II. Should customers
alexandr402 [8]

Answer:

3 is the correct answer, financial managers are in charge of all of the companies finances

Explanation:

4 0
3 years ago
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