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ladessa [460]
3 years ago
9

Going back to the original problem from question 3, Eli Orchid would like to make sure that at most 30% of all batches produced

is produced using process 2. Formulate this limitation and implement in Excel. What would be the new total cost of production
Business
1 answer:
oksano4ka [1.4K]3 years ago
3 0
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The difference between revenue and cost of goods sold is called:
Sphinxa [80]

Answer:

gross profit

Explanation:

Revenue is the income gained through the sales of goods and services to customers. It is the money received from customers when they buy from a business.

Costs of goods sold are the expenses incurred in producing goods meant for sales. It is composed of the direct cost of the manufacturing process. Costs of goods sold include direct materials, direct labor costs, and direct overhead costs.

Gross profit is equal to sales minus direct costs.  Revenue is the same as sales, and direct costs are similar to the costs of goods sold. Therefore, revenue minus costs of goods sold is equal to gross profit.

6 0
3 years ago
Howard's bank gave him a personal loan because they found him creditworthy. Which type of loan did Howard get?
Andreyy89
The correct answer to this question is this one: "Secured Loan."
Howard's bank gave him a personal loan because they found him creditworthy. The type of loan that Howard should get is secured loan.
7 0
4 years ago
Read 2 more answers
Assume each gallon of gasoline that is produced gives rise to an external cost of $1.25. On any given day, the production of the
Korolek [52]

Answer:

the private cost of the 10,000th gallon is $2.25

Explanation:

The computation of the private cost is shown below:

Private marginal cost is

= Social marginal cost - External cost

= $3.5 - $1.25

= $2.25

hence, the private cost of the 10,000th gallon is $2.25

We simply applied the above formula so that the correct value could come

And, the same is to be considered

3 0
3 years ago
An organization mandates that all attempts by traders to use the Internet should be logged, and that each trader’s log should be
ad-work [718]

Answer: the question is: How do you measure whether both the policy and the right processes were followed?

Explanation:

3 0
4 years ago
Read 2 more answers
Why are medical related professions and human resources important​
strojnjashka [21]

Answer:

They Both deal with the Wellbeing of the Human Talent

Explanation:

While the medical profession deals with physical, and psychotherapy treatment of the human being and  the Human Resources function deals with the employee welfare at work place such as work conditions, training, harassments at work place, both these professions try to improve the wellbeing of the Human Talent.

6 0
3 years ago
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