Answer:
a. not only costs and revenues, but also assets invested in the center
Explanation:
A profit centre is defined as a segment of a company that is a standalone and determines the profit and losses of the entire company which are calculated seperately.
It also generates it's earnings and revenues independently.
The opposite of the profit centre is called the cost centre that does not earn any revenue but rather consumes revenue from other departments.
The profit centre also determines allocation of resources to various activities in the future.
Answer:
Dr. Cost of goods Sold $850,300
Cr. Finished goods Inventory $850,300
Explanation:
Goods available to sale is the sum to Beginning Inventory and the production / Purchases for the period.
Finished goods Available for sale = Beginning Inventory of Finished goods + Production in the period
Finished goods Available for sale = $171,500 + $848,000 = $1,019,500
Cost of Goods sold is the cost of the unit sold which is incurred to produce / purchase that products. It is calculated by deducting the ending inventory from goods available to sale.
Cost of finished goods sold = Finished goods Available for sale - Ending Inventory of finished goods = $1,019,500 - $169,200 = $850,300
Pedro argued that economy could be good. He said if the government owned factories.
<h3>Whats is economy ?</h3>
An economy servesas the large set of inter-related production and consumption activities in a country.
This is determined by how scarce resources are allocated and Pedro argued that economy could be good. if government is in total control.
Learn more about economy at:
brainly.com/question/25745683
Answer:
Objective function:
Maximize Z: 30P1 + 25P2 + 28P3
Subject to: 2.00P1 + 1.50P2 + 3.00P3 ≤ 450 (Department A constraint)
2.50P1 + 2.00P2 + P3 ≤ 350 (Department B constraint)
0.25P1 + 0.25P2 + 0.25P3 ≤ 50 (Department C constraint)
P1, P2, P3 ≥ 0 (Non-negativity)
Explanation:
The objective function is formulated from the contribution margin of the three products. For instance, the contribution of Product 1 is $30, the contribution of Product 2 is $25 and the contribution of Product 3 is $28. Thus, the objective function will be 30P1 + 25P2 + 28P3.
The constraints were obtained from the departmental labour hours requirements for each product. For instance, Product 1 requires 2 hours in department A, Product 2 requires 1.50 hours in department A and Product 3 requires 3 hours in Department A. Thus, the constraint will be 2.00P1 + 1.50P2 + 3.00P3.
<span>In the context of swot analysis, the marketers at beta inc. are most likely to consider this situation as a threat.
The new competitor threatens Beta inc. by offering the same consumers, that Beta inc. targets, the same, or similar, products for lower prices than Beta inc. These consumers, given the choice between the new competitor and Beta inc., will most likely do business with the new competitor; for reasons aforementioned.</span>