Answer:
email: if it isnt in a serious situation or if nothing needs to be confronted to whoever.
face to face is a situation thatmight be serouse or would just have a hard time explaining in email.
ex. email: when you need to send work through the internet.
ex. face to face: needing to talk personally to someone.
The purpose of this assignment is the creation of a research analysis. Every day, consumers make millions of decisions that impact the marketplace and influence firms' decisions. Firms use economic concepts, models, and other "tools" of economics to help determine pricing, output, and profit maximization. As an MBA student of economics, you can apply the "tools" of economics to microeconomic and macroeconomic data to create recommendations for how firms can maximize revenue, profit and market share.
Answer:
Excess capacity under monopolistic competition is caused by product differentiation that leads to product variety and quality, which is beneficial to consumers. Consumers generally do not prefer homogenous products. Technically, excess capacity increases consumer satisfaction.
Explanation:
(hope this helps)
Answer:
1)
Beginning inventory = 0
Plus: purchases = 6950
Less: withdraws= 6400
= ending inventory = 550
550-100 batteries used by staff= 450 batteries used in production
= 450 × $125 = $56250
Since 90% is completed, it means 10% is in WIP, i.e.,
WIP = 10% × 56250
= 5625
completed = 90% ×56250 = 50625
Since 30% of completed were unsold, it means remaining 70% were sold, which is COGS, i.e.,
COGS = 70% × 50625
= 35437
Note: selling expense cannot be deteremined from the given information.
2) WIP and Finished Goods accounts would appear on the balance sheet while COGS and selling expense would appear in income statement at April 30.
Answer:
The store should order 60 calculators, 12 times per year to minimize inventory cost.
Explanation:
Given that;
Annual demand = 720 calculators
Holding cost (Storage cost) (H) = $2 per calculator
Ordering cost (D) = $5
Economic order quantity (EOQ)
= √ 2 × A × D / H
= √ (2 × 720 × $5) / $2
= √ $7,200 / $2
= √ 3,600
= 60 calculators
Number of orders per year
= Annual demand ÷ EOQ
= 720 ÷ 60
= 12 times
Therefore, the store should order 60 calculators 12 times per year to minimize inventory cost.