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3 years ago

A business objective is aligned with a _______________ to be fulfilled by the business.

Business

1 answer:

zheka24 [161]3 years ago

3 0

Answer:

The correct answer would be option B, Consumer Need.

Explanation:

Business objectives are basically the mission of the organization. Mission of the company is the purpose of the organization and the purpose of the organizations is usually to meet the customers' needs and fulfill their demands and desires through their products or services. The product or the service of the company is the way to meet and satisfy the customer's needs. Making high level products or giving high level services is the mission of the company. So it is true that a business objective is aligned with a customer need to be fulfilled by the business.

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In the contemporary view of information systems, they are considered an integral part of the supply chain management process mai

Nataly_w [17]

Answer:

The options for this question are the following:

a. aid in product transformation

b. are a means of producing output

c. are a means of providing input into the process

d. all of these

The correct answer is d. all of these.

Explanation:

A supply chain is the set of activities, facilities and means of distribution necessary to carry out the process of selling a product in its entirety. This is, from the search for raw materials, their subsequent transformation and to the manufacture, transport and delivery to the final consumer.

In other words, the supply chain is a strategic and logistics function that involves all the operations that are essential for a merchandise to reach the final customer in optimal conditions.

4 0

4 years ago

Pureform, Inc., uses the weighted-average method in its process costing system. It manufactures a product that passes through tw

NeTakaya

Answer:

Part 1

The first department's equivalent units :

Materials = 649,600 units

Labor = 635,200 units

Overheads = 635,200 units

Part 2

The first department's cost per equivalent unit :

Materials = $1.50

Labor = $0.12

Overheads = $0.45

Explanation:

It is important to note that the weighted-average method is being used in Pureform, Inc process costing system.

This method focuses on the units completed and transferred and units in closing work in process to calculate the equivalent units of production.

The total cost on which to base the unit cost comprises of cost in Opening Work In Process and the Manufacturing cost incurred during the production period

The first department's equivalent units

Equivalent units = Units Completed and transferred + Units in Closing Work in Process × Percentage of Completion

Therefore,

Materials = 610,000 + 72,000 × 55% = 649,600 units

Labor = 610,000 + 72,000 × 35% = 635,200 units

Overheads = 610,000 + 72,000 × 35% = 635,200 units

The first department's cost per equivalent unit for materials, labor, and overhead

Cost per equivalent unit = Total Cost ÷ Total Equivalent Units

Therefore,

Materials = ($ 68,500 + $ 905,900) ÷ 649,600 units

= $1.50

Labor = ($ 5,700 + $ 70,524) ÷ 635,200 units

= $0.12

Overheads = ($ 21,400 + $ 264,440) ÷ 649,600 units

= $0.45

8 0

3 years ago

A company has outstanding accounts payable of $30,000 and a short-term construction loan in the amount of $100,000 at year end.

gayaneshka [121]

Answer:

Explanation:

Accounts payable is included in the current liability according to international financial reporting standards (IFRS). Although the construction loan was actually payable at year-end, if the company has both the willingness and ability to refinance with long-term debt, the $100,000 construction loan may be included at year-end in long-term liabilities. Therefore, current liabilities of $30,000 and long-term liabilities of $100,000 should be reported on the balance sheet.

The extracts of the statement of financial positions are given below:

Non-current liabilities:

Refinanced loan $100,000

Current liabilities:

Accounts payable $ 30,000

5 0

4 years ago

Court awards of damages take place ex post, and anticipation of those awards provides ex ante incentives to fulfill promises, wh

Alenkinab [10]

This liquidated damages approach is ex ante and is based on the principle that more complete contracts can be more efficient. Liquidated damages are restricted to reparation for harm and are not meant as penalties for certain actions. When it is problematic to determine the actual damages incurred as a consequence of a breach, the courts may provide relief in the form of specific performance.

4 0

3 years ago

V Boutique is a fashion house that designs, manufactures, and sells evening gowns. Their lowest-selling design is a vibrant gree

Lyrx [107]

Answer:

V. Boutique

Assuming their projection of 500 gowns is accurate, the total average cost they will incur per gown is:

= $108.

Explanation:

a) Data and Calculations:

Unit variable costs:

Fabric and materials per gown = $62

Labor cost per gown to construct the gown = $40

Total unit variable costs per gown = $102

Unit fixed costs:

Equipment cost = $3,000/500 $6

Total average costs per gown = $108

b) The average cost per gown equals the unit costs (variable costs per unit and the fixed costs per unit). V. Boutique incurs a total equipment cost of $3,000 for the 500 gowns. This means that each gown consumes $6 ($3,000/500) in equipment costs.

7 0

3 years ago