Answer:
Purchases= 1,854 pounds
Explanation:
<u>To calculate the direct material purchases, we need to use the following formula:</u>
Purchases= production + desired ending inventory - beginning inventory
Production= 280*5 + (300*0.4)*5= 2,000 pounds
Desired ending inventory= [(300*0.6)*5* + (240*0.4)*5]*0.3= 414 pounds
beginning inventory= (280*0.4)*5= (560) pounds
Purchases= 1,854 pounds
Answer:
It must reduce the firm's costs below that of its competitors while offering superior value.
Explanation:
Cost Leadership is the mechanism of establishing a competitive advantage by having the lowest cost of operation in the industry. This strategy is especially beneficial in a market where the price is an important factor.
Cost Leadership strategy: Increasing profits by reducing costs, while charging industry-average prices. Increasing market share through charging lower prices, while still making a reasonable profit on each sale because you've reduced costs.
As opposed to offering superior products or brand appeal, a cost-leadership company's greatest value to consumers tends to be low pricing. Therefore, if a competitor can reduce costs more, it will pose a substantial threat to a company's consumer base.
Answer: is increased by credits
Explanation:
Revenue accounts are increased by credits because they are an equity account and equity accounts increase by credit. This is because the corresponding entry would be an asset such as cash and as the asset has to increase by being debited, revenue must be increased by credit.
Other accounts that are increased by credit include liabilities. Accounts that increase by debits apart from assets include purchases and expenses.
Answer:
Check the explanation
Explanation:
Net Present Value (NPV): It the distinction among the initial cash outflow and the present value of cash inflows. It assists in making project investment conclusion. A positive NPV means that the project should be accepted and if it is on negative swing then it should be rejected. Projects with upper NPV should be accepted in case of two mutually exclusive projects having positive net present value.
Use spreadsheet for the required computations. Enter values and formulas in the spreadsheet as shown in the image below.
Answer: B
Explanation: Cockroaches have a strong oily odor from them.