Answer:
$38,880
Explanation:
The calculation of direct material to be purchased is shown below:-
Direct materials to be purchased = (Budgeted Production × Number of raw material per unit) + Ending inventory - Beginning inventory
Direct materials to be purchased = (870 × 44) + 4,500 - 3,900
= $38,280 + 4,500 - 3,900
= $38,880
So, for calculating the direct material to be purchased we simply applied the above formula.
Answer:
A) partial productivity
Explanation:
partial productivity refers to smaller parts of company operations that can be used as a standard of measurement to gauge company's productivity as a whole.
in the example above, Brian examine the number of tungsten filaments.
Even though number of tungsten filaments alone cannot be used to measure company's productivity as a whole, higher number of tungsten filaments usually correlate with finished products that can be sold to the customers. Which means that this smaller part of company's operation can be used to gauge company's overall productivity.
Answer:
As I live in the US, I am the part of capitalistic economic system.
Explanation:
- There are different types of economic system followed by different countries in the world. Economic system may be socialistic, communistic or capitalistic.
- Capitalism is the type of economic system where capitals are under the control and owned privately or corporately through private investments rather than state control.
- It is characterized by the determining production of goods, prices of the products and distribution of the products. It uses markets for the effective utilization of the produced goods. The economy is maintained by the capital profit made from the use of these goods.
Answer:
As the details of the job are not included, I shall use the general source documents for these costs.
Direct Materials ⇒ Material requisition slip/document
These are documents that list out the materials that are needed for the production of the good in question. It is sent to inventory where the materials would be acquired from.
Direct Labor ⇒ Time sheets / Records
The company will have some form of time sheet or other recoding document that workers can use to clock the the time they worked on the good.
Manufacturing Overhead Cost ⇒ Predetermined rate.
For manufacturing overheads, a predetermined rate is usually used to apportion the cost.
Most likely the best colleges in the US would be the ivy league schools like Princeton, Harvard, and Yale
