Answer:
The correct answer is C. is neither minimizing costs nor maximizing profits
Explanation:
A company that operates under the conditions described above, moves within a market in purely competitive conditions that ensures linear behavior of demand and supply, which is why it must establish the condition of minimizing costs so that the market does not harm, this means that in the purely competitive market you should not minimize costs or maximize established profits.
The correct answer is D. All of these.
Answer:
6.95
Explanation:
Coupon rate = $69.50/$1,000 = .0695, or 6.95 percent
Answer: Average unit cost=$5.800 per unit
Cost of Ending inventory =$3,190
Explanation:
Average unit cost
First purchase= 650 units x $4=$2,600
Second Purchase=750 units x $6 =$4,500
Third Purchase= 850 units x $7 = $5,950
Total Cost = $13,050
Average unit cost = Total cost/ number of units =13,050/(650+750+850)= 13,050/2250= $5.8 per unit
Cost of Ending inventory = 550 unts at hand x $5.8 =$3,190
(using the average cost method)
Answer:
Flexible resources
Explanation:
Flexible resources are defined as those that can be utilised under different categories of resource groups.
They are able to serve multiple functions.
For example money can be used for different activities like production of goods, training of staff, purchase of raw materials, and so on.
Time can be allocated to different endeavours.
Same applies to energy. It can be focused on pursuing various objectives