Answer:
Joint venture
Explanation:
A joint venture can be defined as a business arrangement in which two parties come together to achieve a purpose by combining resources of both parties.
A joint venture involves joint ownership of the business.
A joint venture is good because it helps with sharing of liabilities with a partner, access to knowledge, etc.
Cheers
Answer:
Total equivalent units= 135,000 units
Explanation:
<u>The weighted average method blends the costs and units of the previous period with the costs and units of the current period.</u>
<u></u>
Conversion costs:
Units completed and transferred out= 133,000 units
Ending WIP= 10,000*0.2= 2,000 units
Total equivalent units= 135,000 units
Answer:
$2,740,251.24
Explanation:
Applying power sizing technique or an exponential model to determine the cost of new boiler.
This model identify the cost variation along with change in capacity or power of the equipment.
Where,
Cb = Cost of new plant
Sa = capacity of new plant
Sb = capacity of old plant
x = cost capacity factor
Therefore,
= 2,000,000 × 1.3701
= $2,740,251.24
Answer:
b. $28,000 and $12,000 respectively
Explanation:
The marginal cost and marginal revenue refers to the additional cost or revenue that is generated for adding an additional unit or increasing the ouput by one unit,
In thi case, moving to Large reservoir from Medium reservoir
Marginal cost: 72,000 - 44,000 = 28,000
<em>It cost 28,000 to move to a large reservoir</em>
Marginal revenue :64,000 - 52,000 = 12,000
<em>It generates additional benefit for 12,000</em>
A reason why marketing intermediaries such as transport companies and wholesalers have survived is that they :Add enough value to products to outweigh the added costs.
<h3>What is marketing intermediaries?</h3>
Marketing intermediaries can be defined as the people that acts as a link between a manufacturer and consumer.
This Marketing Intermediaries perform important functions as they assist companies or organization to market and sell their product and to as well distribute products from the manufacturer to end user.
Therefore a reason why marketing intermediaries such as transport companies and wholesalers have survived is that they :Add enough value to products to outweigh the added costs.
Learn more about Marketing intermediaries here:brainly.com/question/25339343
#SPJ1
