<u>Production</u> refers to the manufacturing process that includes the transformation of raw materials resulting in finished products.
<h3>What is production?</h3>
It is the supply chain phase that includes all the processes related to the creation and elaboration of the product.
That is, it includes the operations necessary for the transformation of raw materials into products and their mass production.
Therefore, we can conclude that production refers to the manufacturing process that includes the transformation of raw materials resulting in finished products.
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Hindsight is a wonderful thing in any business, or in life in general. We could make the best business decisions and maximise earnings if we had access to a crystal ball that could tell us exactly how many people would buy our goods.
<h3>
What Is Cost-Volume-Profit (CVP) Analysis?</h3>
An approach to determining how changes in variable and fixed expenses impact a company's profit is through cost-volume-profit (CVP) analysis.
Companies can utilise CVP to determine how many units they must sell to attain a specific minimum profit margin or break even (pay all expenditures).
CVP analysis makes a number of presumptions, among them the constancy of the sales price, fixed costs, and variable costs per unit.
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T<span>aking small samples in every situation is not always appropriate. If the populations </span>are<span> very large, you </span>cannot<span> just take small samples because it will not represent the entire population. Small samples </span>are<span> usually for verifications purposes that is the reason why it can detect some errors that the larger samples </span>cannot<span>.</span>
Answer:
3. 5,110,000 and 5,170,000
Explanation:
Number of shares to be used in computing basic earnings per share
= 4800000*12/12 + 200000*9/12 + 4800004/12
= 4800000 + 150000 + 160000
= 5,110,000
Number of shares to be used in computing dilute earnings per share
= 4800000*12/12 + 200000*9/12 + 4800004/12 + (6000000/1000)*40*3/12
= 4800000 + 150000 + 160000 + 60000
= 5,170,000
Therefore, The number of shares to be used in computing basic earnings per share and diluted earnings per share on December 31, 2018 is 5,110,000 and 5,170,000.
