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2 years ago

Operating shortage costs that result from lost production and sales are caused by Group of answer choices

Business

1 answer:

cricket20 [7]2 years ago

5 0

Answer:

D, all are true

Explanation:

Operating shortages cost are cost that arise from the inability to meet up with demand for goods. It could also be a cost that arises from the inabilty to have a good inventory system.

Causes of operating shortage costs are stated in the question as restrictive policies, not having enough materils in the inventory or running out of finished goods. All of this create an inabilty to meet demand.

Cheers.

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The manager of the main laboratory facility at Elmhurst HealthElmhurst Health Center is interested in being able to predict the

raketka [301]

Answer:

1. Lab's cost= 3187.94 +6.84 number of lab test performed

2. 0.77126

3. $24391.94

Explanation:

The Lab's cost depends on the number of lab test performed. So, Lab's cost is a dependent variable while number of lab test is an independent variable. The linear regression equation is written as

Y= a+bx

Where,

y= dependent variable

x= independent variable

a= intercept

b= slope

So, the equation can be written as

Lab's cost= a+b number of lab test performed

From the Excel output we know that

Intercept = a= 3187.94

Slope= b =6.84

So, the required regression equation is

Lab's cost= 3187.94 +6.84 number of lab test performed

The Excel output shows that R-square is 0.77126. R²=0.77126 means that only 77.13% of variation in Lab's cost is explained by its linear relationship with number of lab test performed.

We have to predict the lab's cost for 3100 test.

We know that

Lab's cost= 3187.94 +6.84 number of lab test performed.

Here, number of lab test performed=3100.

So,

Lab's cost= 3187.94 +6.84(3100)

Lab's cost= 3187.94 +21204

Lab's cost=$24391.94

Thus, the predicted total laboratory overhead for the month if 3,100 tests are performed is $24391.94.

4 0

3 years ago

Assume that the weekly payroll of in the woods is . December 31, end of the year, falls on Tuesday, and will pay its employee

shusha [124]

Answer and Explanation:

The adjusting entry made on Tuesday is as follows

Salaries expense Dr $120 ($300 × 2 days ÷ 5 days)

To Salaries payable $120

(Being the salaries expense is recorded)

here the salaries expense is debited as it increased the expenses and salaries payable is credited as it also increased the liabilities.

6 0

3 years ago

The Income Statement for Pumpkin Co. is shown below:

Alik [6]

100000875466555547899977

5 0

2 years ago

Suppose a market is initially perfectly competitive with many firms selling an identical product. Over time, however, suppose th

Alinara [238K]

Answer:

a decrease in market output and an increase in the price of the product.

Explanation:

7 0

3 years ago

Hoosier Manufacturing operates a production shop that is designed to have the lowest unit production cost at an output rate of 1

soldier1979 [14.2K]

Answer:

The Capacity utilization rate is 73.94 units per hour for the month.

Explanation:

Provided data,

Output rate = 160 units per hour

In the month of July,

Total production hour = 295 hours.

Total units = 34900 units.

Ideal output units in the month of July = output rate × total production hour

= 160 × 295

= 47200 units.

Capacity utilization rate of production shop is given by,

Utilization rate = (output unit in July ÷ idea output) × 100

= (34900 ÷ 47200) × 100

= 0.7394 × 100

= 73.94 units per hour

So, the Capacity utilization rate is 73.94 units per hour for the month.

7 0

3 years ago