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Arisa [49]
3 years ago
12

Sparks Fireworks manufactures and sells fireworks. Their raw materials used is $71,500. Their beginning raw materials inventory

was $5,000 and their ending raw materials inventory was $6,000. Sparks' raw materials inventory turnover is :
Business
1 answer:
algol133 years ago
7 0

Answer:

The correct answer would be, $70500

Explanation:

Raw Material Turnover means what amount of raw materials is used within a specific period of time. So the raw material turnover would be calculated by adding the beginning inventory with the amount of material used within the period, and then the remaining material will be deducted. So the whole calculations are shown as follows:

Beginning Raw Material Inventory: $5000

Raw Material Used:                $71500

Ending Raw Material Inventory:    $6000

Raw Material Inventory Turnover:

Beginning Inventory + Raw Material Used - Ending Raw Material

= 5000+71500-6000= $70500

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Answer:

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Explanation:

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6 0
3 years ago
An agency that offers accreditation for health-oriented websites is ____.
Eddi Din [679]
An agency that offers accreditation for health-oriented websites is URAC.
UARC promotes a continuous development in the quality and efficiency of healthcare management through the process of accreditation, education, and measurement. It is a non-profit organization that under the name of Utilization 
Review Accreditation Commision in 1990.
6 0
3 years ago
The Bureau of Transportation Statistics Omnibus Household Survey is conducted annually and serves as an information source for t
sasho [114]

Answer:

a) For this case we have quantitative data since we have frequencies per each category.

b) For this case is better use percentages since we have frequency counts per each

c) First we need to calculate the total for the frequencies:

Total = 44+130+165+741= 1080 respondents

For this case we can calculate the percentage like this:

\% Strongly_{agree} = \frac{44}{1080} *100 =4.07\%

d) For this case the percentage of people who agree with allowing drivers of motor vehicles to talk on a hand-held cell phone while driving is just 4.07% and by the other hand the rest of the people correspond to 95.93%.

\frac{1036}{44}=23.55

The people who are NOT strongly agree is about 24 times greater than the peopl who strongly agrees.

So we can say that we don't have a general support for the claim.

Explanation:

For this case we have the following data given:

Number of respondents that they strongly agree with the statement = 44

Number of respondents that they somewhat agree with the statement = 130

Number of respondents that they somewhat disagree agree with the statement = 165

Number of respondents that they strongly disagree agree with the statement = 741

Part a

Do the responses for this statement provide categorical or quantitative data?

For this case we have quantitative data since we have frequencies per each category.

Part b

Would it make more sense to use averages or percentages as a summary of the responses for this statement?

For this case is better use percentages since we have frequency counts per each category so then not makes sense calculate averages for this case.

Part c

What percentage of respondents strongly agree with allowing drivers of motor vehicles to talk on a hand-held cell phone while driving?

First we need to calculate the total for the frequencies:

Total = 44+130+165+741= 1080 respondents

For this case we can calculate the percentage like this:

\% Strongly_{agree} = \frac{44}{1080} *100 =4.07\%

Part d

For this case the percentage of people who agree with allowing drivers of motor vehicles to talk on a hand-held cell phone while driving is just 4.07% and by the other hand the rest of the people correspond to 95.93%.

\frac{1036}{44}=23.55

The people who are NOT strongly agree is about 24 times greater than the peopl who strongly agrees.

So we can say that we don't have a general support for the claim.

8 0
3 years ago
Which of these investments is not a function of the production department?
Rus_ich [418]

Which of these investments is not a function of the production department: wage increases.

<h3>Does wage increase with productivity?</h3>
  • They discover that for average remuneration, a one percentage point increase in productivity growth corresponds to a 0.74 percentage point rise in compensation growth. Similar to median compensation, their estimate deviates from one by a statistically significant amount but not from zero.
  • Prices increase when salaries grow faster than labor productivity while prices decrease when wages grow slower than productivity.
  • Inflation is brought on by wage increases since doing business becomes more expensive as wages rise. Companies must raise the prices for their products and services to offset the cost increase and keep their profitability at the same level.
  • Five tons of labor are produced per hour. Physical productivity growth drives up the value of labor, which in turn drives up to pay.

Which of these investments is not a function of the production department: wage increases.

To learn more about wage increases, refer to:

brainly.com/question/23498945

#SPJ4

5 0
1 year ago
MC Qu. 59 A company's flexible budget for... A company's flexible budget for 16,000 units of production showed sales, $96,000; v
geniusboy [140]

Answer:

$120,000

Explanation:

The computation of sales is shown below:-

For computing the sales revenue first we need to find out the selling price per unit which is here below:-

Selling price per unit = Sales ÷ Units

= $96,000 ÷ 16,000

= $6

Sales revenue when 20,000 units are sold = Selling price per unit × Number of units sold

= $6 × 20,000

= $120,000

Therefore for computing the sales revenue we simply applied the above formula.

6 0
3 years ago
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