The device is a cell phone.
It is more efficient due to its portability wide network linked compared to other form verbal communication.
All of these rely on the the production budget except selling and administrative expenses.
<h3>What is production budget?</h3>
Production budget refers to budget prepared with regard of the manufacturing under taken while producing the goods and services in the organization.
It includes all the expenses incurred in the process of the production such as the direct labor, cost of the raw material, manufacturing overhead.
Selling and administration expenses are not directly related to the production expenses but they help in the activity of the production. They are kind of non- production expenses.
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Answer:
Just in time inventory system
Explanation:
Just in time inventory system is on that ensures that the amount of a product needed is available to the consumer and no more is stockpiled.
For this inventory style to be successful the business will need to forecast accurately the demand of customers.
Just in time inventory system is aimed at increasing efficiency and reducing cost such as storage cost.
There is little or no delay time and idle-in process and finished goods inventory
Answer:
$60,936
Explanation:
Provided information,
$12,000 will be received at each year end from third year to 12th year end.
The discount rate provided = 10%
Therefore PVAF of 10% for third year end to 12th year end will be for $1
Here 0.10 = 10% discount rate
Value for $12,000 = $12,000 5.078
Present Value of $12,000 will be
= $60,936