Answer:
Option C is the correct answer - the adoption curve shows that some groups accept a new idea before others.
Explanation:
The innovation adoption curve matches the entry of users into various categories. It is used to separate customers based on their readiness to accept new technology or an idea.
Normally, the first set of people to adopt the new idea or the technology are the innovators.
Therefore, option C is the correct answer - the adoption curve shows that some groups accept a new idea before others.
Answer:
$1,002.01
Explanation:
Computation for the invoice price
Using this formula
Invoice price=Flat price +[Annual coupon*(Coupon payment days/ Numbers of days in a year)]
Let plug in the formula
Invoice price =$ 985 + 69*(90/365)
Invoice price= $1,002.01
Therefore the Invoice price will be $1,002.01
Answer:
a) Cost accounting: it is concerned with the provision and the use of accounting information to managers within the organisation to provide them with the basis to make informed decisions.
b) Public accounting: it is a specialised branch of accounting that keeps track of companies' financial transactions.
Explanation:
Cost accounting also known as managerial accounting is an accounting technique that's focused on the identification, measurement, analysis, interpretation, and communication of financial information to managers for better decisions making and pursuit of the organization's goals.
Basically, cost accounting systems is an accounting system that is used by an organization to report both monetary and nonmonetary information.
Public accounting is an accounting technique that's typically used for analyzing, summarizing and reporting of financial transactions such as sales costs, purchase costs, payables and receivables of organizations (companies) using standard financial guidelines such as Generally Accepted Accounting Principles (GAAP).
Answer:
a) 302.28
b)3,476.23
c)3,476.23
d) 142 units
Explanation:
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<u><em>Where: </em></u>
D = annual demand = 14,200
S= setup cost = ordering cost = 74
H= Holding Cost = 23.00
EOQ = 302.2811821 = 302.28
holding cost:
average inventory x holdign cost
302.28 / 2 x $23 = 3476.233594
ordering cost:
order per year x cost per order
14.200 / 302.28 x $74 = 3,476.233594
14,200 / 300 = 47.33 units per day
47.33 x 3 = 141.99 reorder point
Layla could be an efficient employee in reducing the defect rate in the manufacturing and engineering departments