The answer to this question is "10, 000 years innovation". Hence, to complete the sentence we have it "Innovations in the field of agriculture have increased and keep increasing the food supply. This situation has allowed the human populations to grow approximately 10,000 years innovations by the end of the agriculture period".
Answer:
$1,395
Explanation:
Total cost of Inventory purchased
= (No. of units × Per unit price) + (No. of units × Per unit price) + (No. of units × Per unit price)
= (240 × 8) +(340 × 10) +(440 × 11)
= 1,920 + 3,400 + 4,840
= $10,160
Number of units purchased = 240 + 340 + 440
= 1,020
Average cost per unit = total cost /No. of units
= 10,160 /1,020
= $ 9.9608 per unit
Cost of ending inventory = 140 × 9.9608
= $1,395
Answer:
C. 534 units
Explanation:
The formula to compute the break-even point is shown below:
= (Fixed cost) ÷ (Contribution margin per unit)
where,
Contribution margin per unit = Selling price per unit - Variable expense per unit
= $3 - $0.75
= $2.25
So, the break-even point would be
= $1,201 ÷ $2.25 per unit
= 534 units
Simply we divide the fixed cost by the contribution margin per unit so that the accurate units can come.
Answer:
Virtuous Circle
Explanation:
Virtuous circle occurs when one good events feeds on itself to improve business further. In the question, blue inc. invested in social responsibilities initiative (a good event) which on turn generated profits for the company (improved the business), probably by the event leading them to having more loyal customers.
It is a self propagating advantageous situation in which a successful solution or events leads to more desired results or success. It creates a positive feedback loop, creating goodwill with the customers.
