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lesantik [10]
3 years ago
14

A Bill of Material (BOM) in MRP is defined as:

Business
1 answer:
Brums [2.3K]3 years ago
4 0

Answer:

The correct answer is letter "B": A listing of components, their descriptions, and the quantities of each required to make one unit of a product.

Explanation:

A Bill of Material (BOM) in Materials Requirement Planning (MRP) relates the final product with the raw materials, assemblies, parts, and components necessary to manufacture a unit of that good. The BOM is a document that itemizes all the resources necessary to produce a good including at the top the product itself and a listing in hierarchical orders from components to individual materials.  

Creating an accurate BOM helps to have all the material necessary for production available.

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Why is a bank more likely to offer you credit if you have a cosigner?
Brums [2.3K]

Answer:

Because a cosigner is another person who is also responsible for ensuring the loan is paid.

Explanation:  A cosigner is a person who is signing on to the loan and by doing so, they are jointly taking on responsibility for repayment of the loan. So basically loan repayment is being guaranteed by the person taking out the loan and the cosigner.

5 0
3 years ago
In a(n) ________ strategy, managers try to gain a competitive advantage by focusing the energy of all the organization's departm
Vedmedyk [2.9K]

Answer:

low-cost

Explanation:

I may not be right, so use this as a last resort if necessary.

6 0
1 year ago
All of the following are assumptions of cost-volume-profit analysis except a.the sales mix is constant. b.costs can be divided i
Vikentia [17]

Answer:

d. within the relevant range of operating activity, the efficiency of operations can change.

Explanation:

Cost-volume-profit analysis is also known as the break even analysis, it is an important tool in predicting the volume of activity, the costs to be incurred, the sales to be made, and the profit to be earned is. It is used to determine how changes in differing levels of activities such as costs and volume affect a company's operating income and net income.

Generally, to use the cost-volume-profit analysis, financial experts usually make some assumptions and these are;

1. Sales price per unit product is kept constant.

2. Variable costs per unit product are kept constant and the total fixed costs of production are kept constant i.e costs can be divided into fixed and variable components.

3. All the units produced are sold i.e there is no change in inventory quantities during the period.

5. The costs accrued are as a result of change in business activities.

6. A company selling more than a product should simply sell in the same mix i.e the sales mix is constant.

<em>Hence, the aforementioned are assumptions of cost-volume-profit analysis except that, within the relevant range of operating activity, the efficiency of operations can change.</em>

6 0
3 years ago
A company reports the following amount in its December 31, Year 1, income statement.
kow [346]

Answer:

Multiple-step income statement for the year ending December 31, year 1

Sales                                                    $275,200

Cost of Goods Sold                           <u>($185,000)</u>

Gross Profit                                                               $90,200

Operating Expenses:

Administrative Expense                                          ($35,000)

Selling expenses                                                     <u>($55,000)</u>

General Expense                                                     <u>($45,000)</u>

Operating Income                                                    ($44,800)

Non-Operating Revenue                                         <u>$105,000</u>

Operating Income before tax                                  $60,200

Income taxes                                                            <u>($25,000)</u>

Operating Income after Tax                                     <u>$35,200</u>

Explanation:

Multi-step Income statement segregate the Operating Income and Expenses from non operating Income and Expense. It shows the gross profit and net operating income separately.

4 0
3 years ago
Eduardo owns a farm in a country where taxes are very high and where the government openly considers the possibility of taking o
Artemon [7]

The major thing which <em>Eduardo's behavior demonstrates </em>is that:

  • The freedom to own property and keep the profits from work is necessary for the survival of an economy.

<h3>What is Freedom to own property?</h3>

This refers to the individual right which every human where he is able to buy and own land or inherit it from someone, or even get it as a gift and keep it.

With this in mind, we can see that Eduardo is staying in an oppressive country where the tax rates are very high and there are no freedom to own property so he begins to stop investing in the farm and focus on subsistence agriculture.

Read more about property ownership here:
brainly.com/question/8107760

8 0
2 years ago
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