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rosijanka [135]
3 years ago
15

A company produces 11,900 units of which 200 are spoiled units because the​ process, even though carefully and efficiently execu

ted is unable to produce good units​ 100% of the time. Another 120 units are spoiled because machines broke down and there also were operator errors. What is the normal spoilage rate​ (round to two decimal​ places)?
Business
1 answer:
Andre45 [30]3 years ago
6 0

Answer:

Normal spoilage rate = 1.6978% (Approx)

Explanation:

Given:

Total unit produce = 11,900 units

Normal spoil unit = 200 units

Abnormal spoil unit = 120 units

Total normal unit produce = 11,900 - 120 = 11,780

Computation of normal spoilage rate:

Normal spoilage rate = Normal spoil unit / Total normal unit produce

Normal spoilage rate = 200 / 11,780

Normal spoilage rate = 0.0169779287

Normal spoilage rate = 1.6978% (Approx)

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Dorian owns a farm and sells potatoes to local restaurants and grocery stores. The phrase describes this information about Dorian's business is supplier in the factor market.

Economists refer to all of the resources that firms utilize to buy, rent, or hire the equipment they use to generate goods or services as the "factor market."

The factors of production include raw materials, land, labor, and capital as they are what are required to meet these needs.

The input market is another name for the factor market.

By this definition, all markets fall into one of two categories: those that provide businesses with the resources they require, or those that provide consumers with the goods and services they need to make purchases.

Hence, the phrase describes this information about Dorian's business is a supplier in the factor market. As Dorian's business is to farm and sell potatoes to other businesses which use these as raw materials.

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2 years ago
Pursley, Inc. owns 70 percent of Harry Corp. The consolidated income statement for a year reports $50,000 Noncontrolling Interes
jek_recluse [69]

Answer:

This $24,000 reflect under the financing activities

Explanation:

Basically there are three types of activities:

1. Operating activities: It includes those transactions which affect the working capital, and it records transactions of cash receipts and cash payments.

2. Investing activities: It records those activities which include purchase and sale of the fixed assets

3. Financing activities: It records those activities which affect the long term liability and shareholder equity balance.  

The dividend is paid $80,000 and owns 70 percent so the final amount would be = $80,000 × 70% = $56,000

So, the cash outflow would be = $80,000 - $56,000 = $24,000

This $24,000 reflect under the financing activities

7 0
3 years ago
What government organization formed to enforce antitrust laws and to make sure the interests of small businesses were protected
Alex
<span>Federal Trade Commission were formed for those very purpose. 

</span><span>Federal Trade Commission is an independent agency that established in united states. The purpose of this organization is to ensure customer protection from dishonest practices and eliminate various illegal business strategies to create a fairer competitive environment.</span>

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The beginning balances should be entered in the general ledger as of April 30, 2017, as

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(Beg. Bal 500]

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Notes Payable

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neared Service Revenue

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Common Stock

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D.  

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PM Salonine.

Trial Balance

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Supplies 1200

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Salaries Expense 2400

Rent Expense 1000

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Utilities Expense 400

Interest Expense 50

Income Tax Expense 150

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A(n) _____ is a carefully crafted document that reflects the performance specifications of the project deliverables  .A project scope.

What is the project scope?

Project scope is the part of project planning that involves determining and documenting a list of specific project goals, deliverables, tasks, costs and deadlines. The documentation of a project's scope is called a scope statement or terms of reference.

Project scope importance:

Project scope is a part of the project planning process that documents specific goals, deliverables, features, and budgets. The scope document details the list of activities for the successful completion of the project. The scope is defined by understanding the project requirements and the client's expectations.

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Project scope is a detailed outline of all aspects of a project, including all related activities, resources, timelines, and deliverables, as well as the project's boundaries.

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