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3 years ago

Why does economics exist?

Business

2 answers:

aleksley [76]3 years ago

6 0

deals with the production, distribution, and consumption of goods and services.

Nataliya [291]3 years ago

3 0

Because Goods production

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Cost of Quality Report

yarga [219]

Answer:

Cost of Quality Report

Quality Cost Quality Cost Percent of Total Percent of

Classification Quality Cost Total Sales

Prevention $23,400 10.0% 1.3%

Appraisal $46,800 20.0% 2.6%

Internal failure $70,200 30.0% 3.9%

External failure $93,600 40.0% 5.2%

Total $234,000 100.0% 13.0%

percent of total sale = quality cost/$1,800,000

3 0

3 years ago

What are B2C and B2B sales?

IceJOKER [234]

B2C stands for business to consumer. This would be the sales you’d make to a consumer. B2B stands for business to business. This is the sales you’d make with another business.

8 0

3 years ago

he following information is available for completed Job No. 402: Direct materials, $170000; direct labor, $230000; manufacturing

sveticcg [70]

Answer:

The correct answer is $112,000

Explanation:

First of all, let us lay out the information given:

Direct materials = $170,000

Direct Labor = $230,000

Manufacturing overhead = $160,000

Cost of production = Direct material + Direct Labor + Manufacturing overhead = 170,000 + 230,000 + 160,000 = $560,000

Number of units produced = 5000 units

Number of units sold = 4000 units

Number of units left on hand = 5000 - 4000 = 1000 units (units produced - units sold)

Next, we will calculate the cost of production of a single unit of finished product as follows:

5000 units = $560,000

∴ 1 unit = 560,000 ÷ 5000 = 112

Finally, since the number of unit on hand is 1,000 units, we will find the cost of unit on hand as follows

1 unit = $112

∴ 1000 unit = 112 × 1000 = $112,000

3 0

3 years ago

For Gundy Company, units to be produced are 5,280 in quarter 1 and 6,400 in quarter 2. It takes 2.0 hours to make a finished uni

Lorico [155]

Answer:

Total cost= $350,400

Explanation:

Giving the following information:

For Gundy Company, units to be produced are 5,280 in quarter 1 and 6,400 in quarter 2. It takes 2.0 hours to make a finished unit, and the expected hourly wage rate is $15 per hour.

Quarter 1:

Direct labor cost= 5,280*2= 10,560 hours

Quarter 2:

Direct labor cost= 6,400*2= 12,800 hours

Total cost= (10,560 + 12,800)*15= $350,400

7 0

3 years ago

The percent change in multifactor productivity if Fok can reduce the energy bill by $1,000 per day without cutting production o

marishachu [46]

Answer:

The answer is "2.45%".

Explanation:

The answer of option c:

Reduce power by 950 dollars:

In this question it will need to once again take the latest energy cost for analytical hierarchical productivity.

→ Total Input $= 400 \times 12+21000 \times 1 +(5000-950)+10000$

$= 4800 +21000 + (4050)+10000 \\\\ = 25800+4050+10000 \\\\ = 39850\\$

Consumer rates $= \frac{1,000}{39,850}$

$=0.0250$

Initial efficiency multi-factor= 0.0245

$\to \text{percentage changes} = \frac{\text{New Multi Factor Productivity - Previous Multi-Factor Productivity}}{\text{Originbal Multi-Factor Productivity}}$

$= \frac{(0.02450.0251)}{0.0245}\\\\ = 2.45 \ \ \%$

3 0

3 years ago