Answer: go to the national college this is what it is called NCCS
Explanation:
Answer:
Cost advantage.
Explanation:
In this scenario, Sweetmeats Inc., a deli, produces its own grains, such as corn, wheat, rice, and oats. The employees create different types of breads without having to buy the grains from other sources. This has helped them sell their bread items to customers at much lower prices than other neighboring delis. This scenario best illustrates a cost advantage.
Cost advantage can be defined as the factors, benefits or edge which an organization has to produce its goods and services at a cheaper rate and better quality, over its competitors or rivals in the same industry. Some of these factors include availability of raw materials, branding, skillful workforce, intellectual property, quality distribution channels, favorable location, great customer services, superior technology, etc.
A) Direct labor hrs for car wheels = estimated wheels *direct labor per wheel
40,000 *1hr = 40,000
Direct labor hrs for Truck
10,000 * 3hr= 30,000
total direct labor hrs 40,000+30,000 = 70,000 hrs
Overhead rate is total est oh cost/ total direct labor hrs
770,000/70,000= 11.00
B) Car truck wheels 40,000*11 =440,000
Truck wheels 10,000*11=110,000
The first world welfare superpower was Japan.
<span>Cash conversion cycle is an efficiency ratio which measures the number of days for which a company’s cash is tied up in inventories and accounts receivable. It is aimed at assessing how effectively a company is managing its working capital.
Formula
Cash Conversion Cycle = DSO + DIO – DPO
Where,
DSO is days sales outstanding = Average Accounts Receivable Ă— 365 Ă· Credit Sales
DIO is days inventory outstanding = Average Inventories Ă— 365 Ă· Cost of Goods Sold
DPO is days payables outstanding = Average Accounts Payable Ă— 365 Ă· Cost of Goods Sold
DSO=(97,900*365)/324,000=110.2
DIO=(126,300*365)/282,000=163.5
DPO=(115,100*365)/282,000=149
Cash Conversion Cycle = DSO + DIO – DPO
Cash Conversion Cycle = 110.2+163.5-149=125(Approx)</span>
