Answer:
11,600 units
Explanation:
Equivalent units for conversion costs :
Equivalent units = 10,000 x 100 % + 4,000 x 40 % = 11,600
The equivalent units for February for conversion costs were: 11,600 units
Answer:
a. have performance attributes that are difficult to ascertain at the moment of purchase
Explanation:
In case of an experience good, it is difficult to make predictions regarding its price and quality.
The reputation of a seller and word of mouth are the important things that customers can use to make decisions regarding purchasing of the product.
Experience goods are those which have performance attributes that are difficult to ascertain at the moment of purchase
Answer:
The Correct Options are "1" and "3"
Explanation:
- An MRP method is employed to arrange the fabric needed for manufacture and dispatch. Its accustomed make sure that material is on the market for fabrication and merchandise are accessible for dispatch. For this designing request predictions are mandatory to stay the required material in order that product will be made on time and also the production method doesn't get halted. Therefore possibility one is correct.
-
In a pull method the material is made on request and for this simply in phase is incredibly necessary, therefore the association should be adapted to Just in time method and therefore possibility three is correct.
- In a Kanban method stream of knowledge is vital for correct operational of offer restraint and for this each section ought to add agreement with the alternative sections and therefore the assumed possibility is false.
Answer:
The products by services companies are consumed immediately.
Explanation:
Goods are physical tangible products that are used to satisfy human needs and wants. On the other hand, services are non-physical, nontangible products that also serve the purpose of satisfying human needs and wants.
The manufactured good can be stored in inventories after production, however, the services are consumed as they are produced. They cannot be stored in inventories to be consumed later. They have to be consumed immediately.
This is the main difference between the products of manufacturing companies and services companies.
Answer:
c. 6
Explanation:
The maximun profit is determined by the point where the Marginal Revenue (MR) is equal to the Marginas Cost (MC).
Solving for person of type 2 and considering Z=1.
The marginal cost equation:
MC = 2 + 4z
MC = 2 + 4(1)
MC = 6
The demand equation:
P2 = 24 - 2Q2 + 6z
P2= 24 - 2Q2 + 6
P2= 30 - 2Q2
To calculate the Marginal Revenue, we calculate, at first, the total profit:
Total profit=P*Q2
TP=(30-2Q2)*Q2
TP=30Q2 - 2Q2^2
Taking the derivative of the total profit, we obtain the Marginal Revenue
MR = 30 - 4Q2
Finally, set the MR and MC, and solve for Q2
30 - 4Q2 = 6
24 = 4Q2
<h2>
Q2 = 6</h2>