$52670 is the cost of goods sold for the month of March
<h3>What is
cost of goods ?</h3>
The carrying value of goods sold during a specific period is referred to as the cost of goods sold. Costs are assigned to specific items using one of several formulas, such as specific identification, first-in-first-out, or average cost.
The value of a company's cost of goods sold is determined by the inventory costing method used. When recording the level of inventory sold during a period, a company can use one of three methods: The average cost method, first in, first out (FIFO), and last in, first out (LIFO)
If COGS rises, net income will fall. While this change is advantageous for income tax purposes, the business will generate less profit for its shareholders. Businesses thus try to keep their COGS low so that net profits will
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Micro-batches.
Micro-batches are small components of data that allow it to be processed quickly at more frequent intervals.
Answer:
d. purchase decision
Explanation:
Purchase decision -
It is the fourth step of the consumer purchase decision process , in this very step , the final purchase is made .
It is one of the very critical stage of the decision - making process .
As the consumer was well determined about the product , whether he or she need to buy the product in the very previous step , even in this any external factor can alter the decision of buying the product of not , like any negative feedback .
Hence, from the given scenario of the question,
The correct option is d. purchase decision .
Answer:
(a) Given that a chip passes the test, what is the probability that it is a good chip?
LetB = {the chip is good}
A={the chip passes the cheap test}.
Bc={the chip is bad}
Ac={the chip fails the cheap test}
P(A | B) = 1
P(A | B
c
) = 0.075
=
=
≈ 0.9751
(b) If the company sells all chips that pass the cheaper test, what percentage of sold chips will be bad?
P(B
c |A) = 1 − P(B | A) = 1 - 0.9751 = 0.0249