Answer and Explanation:
The computation is shown below:
1.
<u>Particulars Units Unit Cost Dollars
</u>
Beg. Inv. 84 $3 $252
Apr-02 75 $4 $300
Apr-14 66 $7 $462
Apr-23 52 $8 $416
Total 277 $1,430
Average cost of one hat is
= Total cost of purchases ÷ Units purchased
= $1,430 ÷ 277 units
= $5.16
2.
Ending Inventory in Units = Units purchased - Units sold
= 277 units - 142 units
= 135 units
Now
Value of Ending Inventory = Units in Ending Inventory × Average cost per unit
= 135 units × $5.16
= $696.60
= $697
3
Gross Margin = Units sold × (Selling Price - Cost of goods sold)
= 142 units × ($24 - $5.16)
= $2,675.28
= $2,675
Answer:
The change in total revenue is $10000
The percentage change in Total revenue is 5.88%
Explanation:
The revenue is a function of price multiplied by quantity sold.
Revenue = Price * Quantity sold
At the orignal price of $17, the monopolist is earning a revenue of,
Revenue at $17 = 10000 * 17 = $170000
The revised price for the monopolist is $17 - $2 = $15
The revised demand and expected sales at the revised price is 10000 + 2000 = 12000 units
The revenue at the revised values is,
Revenue at $15 = 12000 * 15 = $180000
The change in Total revenue = 180000 - 170000 = $10000
The percentage change in revenue = 10000 / 170000 = 0.0588 or 5.88%
Year end bonuses could be paid only if the business is doing good. The profit margin has to be high in order to give bonuses.
Answer:
The correct answer is a. increasing globalization.
Explanation:
Globalization is a fact that, today, cannot be denied. Its acceptance is such by society that on many occasions we do not stop to think about what consequences it can have, without going any further, in the area of logistics.
Within the globalization its first consequences can be observed in the fact that logistics operators have become part of the production chain of companies. The new forms of work, of the Just In Time or Just In Sequence type, have meant that many companies cannot have all the necessary infrastructures to be able to maintain these two types of production, since for them a level of technical knowledge and of economic potential, something that not all companies can do. Thanks to that, logistics operators have assumed that role within the Supply Chain while doing supply and distribution tasks, as well as storage, which take care of the moments of greatest tension in the supply chain and They ensure that the merchandise arrives at the right time.
Answer:
Manufacturing is a secondary process of transforming raw materials into finished products.The manufactured goods are more useful and valuable than the raw materials.
The location of manufacturing industries depends on a number of physical and socio economic factors.
1.NEARNESS TO THE SOURCE OF RAW MATERIAL: Large quantities of raw materials are needed for industries. Therefore industries are located near the source of raw materials. It saves the cost of transportation.Steel centres are developed where coal and iron are easily available. Jute mills in West Bengal and the cotton textile mills in Maharashtra are located due to the availability of raw materials.
2.POWER RESOURCES: Coal, oil and water power are the main sources of power. Most of the industries are located near coal fields. Aluminium industries and paper industries are located near hydroelectric stations.
3.MEANS OF TRANSPORTATION: Modern Industries need cheap, developed and quick means of transportation. Cheap means of transportation are required for the movement of workers, raw materials and machinery to the factories.
4.CLIMATE: Stimulating climate increase the efficiency of the labourers. The cotton textile industry required humid climate. The film industry needs good weather with clear blue skies. Similarly the aircraft industry also needs clear weather.
5.SKILLED LABOUR: cheap and Skilled labour is essential for the location of industries. Glass industry at Firozabad and the sports goods industry in Jalandhar are located due to the availability of Skilled labour.