Answer:
The total product costs for the year is $13,215,000
Explanation:
The computation of the total product cost is shown below:
= Direct material used + wages to line workers + Office Rent + indirect Materials Used
= $555,000 + $125,000 $46,500 + $595,000
=$13,215,000
The Office Rent + indirect Materials Used is called manufacturing overhead cost.
All these costs which are mentioned in the question are product cost.
Answer:
upper-left quadrant
Explanation:
A product that represents a novel idea requiring little financial investment would be displayed in the <u>upper-left quadrant</u> of the entrepreneurial strategy matrix.
A model of entrepreneurial venturing uses a four-cell matrix to identify proper business strategies. This matrix involves reducing risks and increasing innovation within a cell.
physical properties of Earth's surface and the human societies spread across it.
Answer:
95.22 units
Explanation:
The computation of the number of quantities for ordering the items is shown below:
For this question, we need to find out the economic order quantity which is
where,
Annual demand is 1,700 units per year
Ordering cost per order is $8
Carrying cost per unit is $3
Now placing these values to the above formula
So, the economic order quantity is
= 95.22 units
We simply applied the above formula to find out the number of quantities for order
I believe the answer is D
