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4 years ago

How are industrial goods different from consumer goods? Explain

2 answers:

7 0

Industrial goods are made up of machinery manufacturing plants and any other good or component used by other industries or firms. Consumer goods are ready for the consumption and satisfaction of human wants, such as clothing or food or toys.

Hope this helps!

Anika [276]4 years ago

4 0

Answer:

Industrial goods are purchased by companies that use them for their regular business purposes, e.g. for manufacturing other products. While consumer goods are purchased and consumed by individuals to satisfy their personal needs and wants.

Industrial goods usually include: machinery, raw materials, equipment, power generators, etc.

Consumer goods usually include: food, clothes, furniture, household appliances, etc.

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3 years ago

**20 POINTS

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d) increased competition can harm businesses in developing countries

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3 years ago

Fargo Inc. is a carbonated beverage manufacturer that has many manufacturing plants around the world. It is planning to shift fr

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3 years ago

Read 2 more answers

At the beginning of the month, the Forming Department of Martin Manufacturing had 30,000 units in inventory, 30% complete as to

KiRa [710]

Answer:

the equivalent units for :

materials = 106,400

conversion = 104,600

Explanation:

Calculation of the equivalent units for materials

Note : Units of Ending Work In Process are 80% complete as to materials

Units of Ending Work In Process (18,000×80%) = 14,400

Units Completed and Transferred (92,000×100%) = 92,000

Total =106,400

Calculation of the equivalent units for conversion

Note : Units of Ending Work In Process are 70% complete as to conversion

Units of Ending Work In Process (18,000×70%) = 12,600

Units Completed and Transferred (92,000×100%) = 92,000

Total =104,600

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3 years ago