Answer: $192,000
Explanation:
Given that,
Total manufacturing costs = $858,000
Cost of goods manufactured = $666,000
Cost of goods sold = $503,000
WIP - work in progress
Cost of goods manufactured = Beginning work in progress + Total manufacturing costs - Ending work in progress
$666,000 = 0 + $858,000 - Ending work in progress
Ending work in progress = $858,000 - $666,000
= $192,000
Answer:
Accounting profit - Your actual profit
Economic profit - Profit, but opportunity cost factored out
Explanation:
Accounting profit is how much you made (Revenue - Explicit Cost.
Economic profit includes implicit costs, or opportunity cost. If you could have made $100,000 at a different job, you subtract that. If Accounting-Economic profit is 0 or higher, you should stay in business.
Answer:
Stories
Explanation:
Stories are the stuffs that the people hear about and like to discuss about. Stories are part of the organization culture and are a good means for an organization to affect customer choices because the issues of the customers are highlighted which helps organization to rectify its operations.
Answer:
The correct answer is letter "A": User Domain.
Explanation:
User Domains are used in organizations with large amounts of servers connected to their network. As it is difficult to keep track of all the data being stored in every server, the domain controller regulates user domains by storing their login credentials but having to pass a privilege screening before accessing to the information of the server. However, that does not secure users will make optimal utilization of the firm's resources. Most parts of the data store will still be unchecked by controllers.
The first law of demand states that as price increases, less quantity is demanded. This is why the demand curve slopes down to the right. Because price and quantity move in opposite directions on the demand curve, the price elasticity of demand is always negative.
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