Answer:
Purchases= 19,650 pounds
Explanation:
Giving the following formula:
Production in units:
February= 20,100
March= 18,600
One pound of material is required for each finished unit.
The inventory of materials at the end of each month should equal 30% of the following month's production needs.
<u>To calculate the purchase of raw material for February, we need to use the following formula:</u>
Purchases= production + desired ending inventory - beginning inventory
Purchases= 20,100 + (18,600*0.3) - (20,100*0.3)
Purchases= 19,650 pounds
Finance and accounting function has a great deal of interface with the operations function except finance and accounting can estimate standard cost of a proposed new product and services.
How does finance and operations work together?
Information from the finance department is crucial for a company's ongoing operations. On the other side, the operations division is in charge of monitoring how daily duties are carried out. The operations and finance departments may be combined in some organizations.
What is the role of finance in operation management?
In operations management, finance aids in the creation of a budget that enables the company to achieve its production objectives and can assist in the evaluation of alternative investment options to help the company make the best choice.
What is operation function?
Producing goods and providing services is the responsibility of the operation function. However, it requires help and input from other parts of the company. The paper's objective is to assess the key operations management functions based on global standards.
Learn more about operation function: brainly.com/question/8055230
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Answer:
the correct answer is the option D: neither firm has a dominant strategy
Explanation:
To begin with, if both firms decides to add pizza to their menu then they both will be competing with that new item in the market and therefore that none of them will be dominant due to the fact that both are now producing and selling the good. Moreover, it is not a nash equilibrium due to the fact that it is not stated if the players know the other one strategy and even though that the best strategy to take in order to establish one's dominance is to add pizza to the menu, what happens here is that both take that strategy making it in a situation where both tried their best to improve their situation and ended up using the same strategy.
Answer:
$20.83
Explanation:
The computation of the cost of preferred stock is shown below:
Cost of preferred stock = (Dividend × par value) ÷ (current selling price) × 100
= (10% × 100) ÷ ($48) × 100
= 10 ÷ 48 × 100
= $20.83
Simply we divide the dividend by the current selling price so that the cost of preferred stock can be computed
All other information which is given is not relevant. Hence, ignored it
Answer:
Bovic’s sales at the end of five years will be = $3,515,625
Explanation:
Year 1 = ($1.250.000,00* 25%) = $1.562.500,00
Year 2 = ($1.562.500,00* 25%) = $1.953.125,00
Year 3 = ($1.953.125,00* 25%) = $2.441.406,25
Year 4 = ($2.441.406,25* 20%) = $2.929.687,50
Year 5 = ($2.929.687,50 * 20%) = $3.515.625,00
Bovic’s sales at the end of five years will be = $3,515,625