Answer:
There are 52 dollars increase on marginal cost when production rises
There are 58000 dollars increase on total cost when production rises
Explanation:
Please find attached word file with the calculations.
Short term goals are anywhere from one week, to less then one year to complete. Long term goals are something that takes you a year or more to complete
If the demand for steak (a normal good) shifts to the left, the most likely reason is that consumer income has fallen.
<h3>What is a normal good?</h3>
Normal goods are goods that are goods whose demand increases when income increases and falls when income falls.
The demand curve shows the relationship between price and quantity demanded. A shift to the left of the demand curve indicates that demand has decreased.
To learn more about normal goods, please check: brainly.com/question/2934596
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Answer:
OAKLEY
INVENTORY TURNOVER 2,66
Cost Of Goods 395,010
Average Inventory 148,500
DAYS IN INVENTORY 137
Explanation:
To calculate the Inventory Turnover ratio it's necessary to calculate the average inventory of the year , the take the Total Cost of Goods and divide it by the Average Inventory, the result it's the Inventory Turnover of the company, in this case 2,66
To find the days in inventory we have to divide 365 (days of the year) and divide it by the Inventory Turnover, 2,66, the result is 137 days.
END START
$172,000 $125,000 Inventory
$ 768,000 Sales Revenue
$ 395,010 Cost of Goods Sold
OAKLEY
INVENTORY TURNOVER 2,66
Cost Of Goods 395,010
Average Inventory 148,500
DAYS IN INVENTORY 137
Answer: Primary activity.
Explanation:
Value chain analysis occurs when an organization carefully analyses their activities to know areas they need to maintain and areas to improve on, to excel above their competitors. When an organization introduces new equipments to help enhance production, they are trying to improve on operations which is a primary activity in value chain analysis.
