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2 years ago

The standard price and quantity of direct materials are separated because

Business

1 answer:

Reptile [31]2 years ago

4 0

Answer and Explanation:

Generally, every business has different units for purchasing raw materials and producing new materials from raw materials these units called the department.

There is a purchasing department for purchasing raw materials which also determines their price. And the production of raw materials is controlled by the production department.

So, there quantity and prices are different.

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Calculate the defects per million opportunities (DPMO) given the following: Blake, owner of Blakester's T-shirt Shoppe, keeps tr

pantera1 [17]

Answer:

His firm's DPMO is 12,083

Explanation:

The computation of the DPMO is shown below:

= (Total complaints ÷ total number of defects opportunity) × 1 million

where,

Total complaints = Shrinkage complaints + poor quality complaints + wear off complaints + fitting issue complaints

= 22 + 16 + 12 + 8

= 58 customers defects

And, the total number of defects opportunity would be equal to

= Number of t-shirts sold × number of possible complaints

= 1,200 × 4

= 4,800

Now put these values to the above formula

So, the value would be equal to

= (58 ÷ 4,800) × 1,000,000

= 12,083

4 0

3 years ago

Assume the demand for crack cocaine is inelastic and that users get the funds to pay for their crack by stealing. Suppose that t

Kobotan [32]

Answer:

Total Revenue of Cocaine will increase.

Explanation:

Elasticity of demand is demand responsiveness to price change.

Price & Total Revenue have relationships as per Elasticity of Demand :

Elastic Demand >1 : Change in quantity demanded > change in price ; Price & Total Revenue negatively related.
Inelastic Demand < 1 : Change in quantity demanded < price change ; Price & Total Revenue positively related

Given : Demand for crack cocaine is inelastic. If government increases penalties on cocaine supply, number of dealers decrease.

Then , the supply of cocaine will fall. Supply Shortage will increase the price. However - because demand is inelastic , total revenue will increase as a result of price rise.

4 0

3 years ago

Statement of Cash Flows Paige's Properties Inc. reported 2018 net income of $1.90 million and depreciation of $259,000. Paige's

SCORPION-xisa [38]

Answer:

See calculations below

Explanation:

With regards to the above we'll simply add back the given depreciation to the net profit for 2018

= Net income $1,090,000 + depreciation

$290,000

= $1,358,000

Cash flow for 201 is $1,358,000

5 0

2 years ago

Vertical integration allows the firm to gain market power as the firm develops the ability to save on its operations, avoid mark

Wewaii [24]

True i answered this question in class

8 0

2 years ago

which if the following may not be purchased on margin but can be used as collateral for a margin loan after being held for 30 da

inn [45]

A mutual funds is the instrument that may not be purchased on margin but can be used as collateral for a margin loan after being held for 30 days.

<h3>What is purchased on margin?</h3>

This generally involves the act of getting a loan from your brokerage and then, using the money from such loan to invest in more securities than you can buy with your available cash.

Through the method, an investors can amplify their returns if their investments outperform the cost of the loan itself.

In conclusion, the mutual funds can be purchased on margin. However, it may be used as collateral for a margin loan after being held for 30 days.