Answer:
correct answer is b) $2.00
Explanation:
we know here
started and completed unit for physical = 18000
so EUP material for 100 % = 18000
and
Ending work in process for physical = 3000
so EUP material for 100 % = 3000
so total EUP material = 18000 + 3000 = 21000
and
Unit cost is here = 
Unit cost = 2 per unit
so correct answer is b) $2.00
Answer:
Buy
Explanation:
First, we need to find out what is the cost incurred by the company in building the power station and after that, we will compare that cost with the selling price of the power from Tri-county G&T. the lower-priced option will be considered as best option.
Cost incurred by the company in building the power station = $10,000,000 + (150,000 x $35)
Cost incurred by the company in building the power station = $10,000,000 + $5,250,000
Cost incurred by the company in building the power station = $15,250,000
Selling price of the power from Tri-county G&T = 150,000 x $75
Selling price of the power from Tri-county G&T = 11,250,000
Decision: It would be a wise option for the company to buy it. From buying the power the company will save $4m.
Answer:
Allison should record the purchase at $5880
Explanation:
The net method for recording purchases implies that the purchases is recorded net of the envisaged cash discount on the transaction since the purchaser believes they would settle their account before the cash discount period expires.
Based on the above, the purchases would be recorded as shown below:
cost of purchase=original purchase value*(100%-discount rate)
original purchase price is $6,000
discount rate is 2%
cost of purchase=$6000*(100%-2%)
=$6000*98%
=$5880
Answer:
a complex approach that continually matches demand and supply to customize the price for a service.
Explanation:
Price can be defined as the amount of money that is required to be paid by a buyer (customer) to a seller (producer) in order to acquire goods and services.
In sales and marketing, pricing of products is considered to be an essential element of a business firm's marketing mix because place, promotion and product largely depends on it.
One of the importance associated with the pricing of products is that, it improves the image of a business firm.
Yield management pricing is a complex approach that continually matches demand and supply to customize the price for a service. It is commonly used by businesses that are typically involved in tourism, hospitality, and airline services.
Answer:
d. It determines the critical path for the completion of a series of interrelated activities.
Explanation:
The Critical Path method is a method to lay out the different steps or interrelated activities of a project, in a graphical manner, that shows the interrelations, the time each activity takes to complete, the different alternatives or paths for project completion, and the total completion time for the project.
It also shows the amount of time a delay in one of the activities would delay the project as a whole.
