Answer:
$270,000
Explanation:
The first step is to calculate the overhead cost of the material handling parts
Since each wind stock require 3 parts then the overhead cost can be calculated as follows
= 3 × 20,000
= 60,000
The overhead cost of machining hours can be calculated as follows
Since 5 minutes is spent in the machining department then overhead cost is
= 5× 20,000
= 100,000
The overhead cost of packaging number of finished units can be calculated as follows
= 2 × 20,000
= 40,000
Total overhead cost= 100,000 + 60,000 + 40,000
= 200,000
The total cost of direct materials and labor can be calculated as follows
= 3.5 × 20,000
= 70,000
Therefore the total cost of producing 20,000 windstocks is
= Total overhead cost + total cost of direct materials and labor
= 200,000 + 70,000
= $270,000
Hence the total cost of producing 20,000 windstocks is $270,000
When making competitive priority decisions the firm <u>"must make trade-off decisions".</u>
Making decisions requires exchanging off one thing against another.
In economics, the term trade-off is regularly communicated as an opportunity cost, which is the most favored conceivable option. A trade-off includes a forfeit that must be made to get a specific item or experience. A man surrenders the chance to purchase 'great B,' since they need to purchase 'great A. For a man setting off to a ball game, their financial trade-off is the cash and time spent at the ballpark, when contrasted with the option of watching the diversion at home and sparing their cash, in addition to the time spent heading to the ball game.
A user market is one where tenants bargain rent and other conditions with property owners or their managers.
<h3>What are Business User Markets?</h3>
Several other user markets also make purchases, either for their own consumption or with the goal of redistribution to others, in addition to selling finished goods and services to supply chain organizations. When making these purchases, the buyer typically does not significantly alter the goods from their original state. Although technically these markets are also a component of the supply chain, the majority of business users do not actively participate in or directly support production.
Any method that lets customers get involved in a marketing effort is known as user-generated marketing. User-generated marketing is just as much a kind of public relations as anything else because it gives a target audience a more participatory and interesting experience.
To know more about Business User Markets, visit: brainly.com/question/25492268
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