Answer:
$3.40 per kilogram
Explanation:
Calculation for the standard price per kilogram for the raw material
Using this formula
Standard price per kilogram=(Raw Material total cost +Materials price variance)/Raw material kilograms
Let plug in the formula
Standard price per kilogram=($21,920+$1,370)/6,850
Standard price per kilogram=$23,290/6,850
Standard price per kilogram=$3.40 per kilogram
Therefore the standard price per kilogram for the raw material will be $3.40
Answer:
She should stay open, because the revenue of from dog grooming ($30 per dog), is still high enough to cover her variable cost of $20 per dog, even though she is operating at a loss.
Explanation:
Profit = Revenue - Total costs
Total costs = Fixed costs + variable costs
Profit = $30 - $35 = -$5 per dog
This shows she is operating at a loss of $5 per dog.
If a company does not make enough revenue to cover its total costs, then it is operating at a loss.
However such a company must consider its variable cost before deciding whether to shut down.
A company should only shut down if it is unable to make enough revenue to cover its variable cost.
If a company is operating at a loss but can at least cover its variable cost, then it should stay open at least in the short run.
Answer:
1. More market speed
2. Reduced costs
3. better and Improved quality
Explanation:
A supplier relationship management can be explained as the process of knowing those suppliers that are really important to the growth of a business and putting into place, a system that would help in the managing of existing relationships with these important suppliers.
Organizations that are able to fully implement such relationships enjoy benefits such as
1. increased speed to the market
such relationships can help to remove delays that are caused by supply chains
2. They enjoy reduced costs
product sampling, contract negotiation, sampling of new suppliers could take a lot of time as well as money. Mistakes could even be made
3. They also enjoy quality items from the suppliers
Answer:you tie a noose and hope for the best my friend. and if all goes south, you have a backup plan.
Explanation:
Answer: <em><u>Cash to be distributed to Harding = $ 17000, Jones = $ 3000
</u></em>
Explanation:
It has been indicated that the ($9,000) deficit will be covered with a forthcoming contribution
∴ The Remaining Capital Balance is = (24000 + 24000) = $48000
∵Total cash Available = $20000
Loss = 48000 - 20000
= $ 28000
Loss will be shared between Harding & Jones in ratio = 16:48
∴ Harding Capital balance =
= $ 17000
∴ Jones Capital balance =
= $ 3000
Cash will be Distributed in their capital balance ratio
Therefore,
<u><em>Cash to be distributed to Harding = $ 17000, Jones = $ 3000
</em></u>