Answer:
$18 per unit
Explanation:
Average cost per unit is the cot of the product to product on average basis. Any product uses different costs to produce like material, Labor and overheads.
In this question there is only material cost of Copper and Zinc material to make Alloy.
Total Cost = 4,000 units [($3x3)+($3x3)] = $72,000
Average cost per unit = Total Cost / Total numbers of unit
Average cost per unit = $72,000 / 4,000 = $18 per unit
Answer with Explanation:
The analysis includes the assessment of Non profit organization's efficiency both in fundraising and spending, economy of operations and the effectiveness of the operations. This can be explained with an example. For example if the non profit organization has an objective to increase the book reading habit because it believes that the people who read more are not violent personalities and in this way they can reduce the crime rate. So it has established number of libraries in different communities. Now we will look at at what cost it has acquired these libraries (Economy), how much people have visited these libraries (Efficiency) and whether the crime rate in the community has sufficiently fallen or not (Effectiveness). So this helps in understanding whether the objective was met or not.
However when we analyze the financial statement of profit making organizations then we use many profit and efficiency ratios to assess the performance of the organization. These ratios can also be helpful if the NGO is in business as well. But most of the NGOs rely on grants and these grants are subjective to their previous performance.
The NGOs are also required to publish reports according to the grant provider's enforced accounting principles, rules and guidelines. Just take the example of US-AID program that requires the Non profit organization to publish financial reports in specific format and enforces different Generally Acceptable Principles to be used in preparing these financial reports. So yes it is much more different in analyzing the financial statements of Non profit organization and profit making organization.
When banks spend (or loan) money, the money supply increases and when interest / loan payments are received, the money supply declines. TRUE
A bank is a financial organization that accepts deposits from the public and creates a call for deposit at the same time as concurrently making loans. Lending sports can be directly accomplished by means of the financial institution or in a roundabout way through capital markets.
Industrial banks offer numerous offerings like amassing cheques, bills of alternate, remitting money from one place to some other location, and many others. industrial banks are of three kinds' i.e. public quarter banks, private area banks, and foreign banks.
Learn more about banks here:brainly.com/question/14368059
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Giving emplyment to unemployment people