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2 years ago

What are the aspects of production?

Business

2 answers:

Margaret [11]2 years ago

7 0

Answer:

The major three aspects of production are:

1.Production planning

2.Production control

3.Production supervision

Solnce55 [7]2 years ago

6 0

Answer:

In production management, there are some important aspects that must be done in order to truly produce a good quality product in the form of goods or services.

The type of goods manufactured.

Quality goods.

The amount of goods.

Raw material.

And production control.

Explanation:

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The following lots of a particular commodity were available for sale during the year:Beginning inventory 10 units at $60First pu

krok68 [10]

Answer:

$1,685

Explanation:

The computation of the average cost per unit is shown below:

= (Beginning inventory units × price per unit + purchase inventory units × price per unit + purchase inventory units × price per unit + purchase inventory units × price per unit ) ÷ (Beginning inventory units + purchase inventory units + purchase inventory units + purchase inventory units )

= (10 units × $60 + 25 units × $65 + 30 units × $68 + 15 units × $75) ÷ (10 units + 25 units + 30 units + 15 units)

= ($600 + $1,625 + $2,040 + $1,125 ) ÷ (80 units)

= ($5,390 units) ÷ (80 units)

= $67.375 per unit

Now the ending inventory equals to

= Ending inventory units × average cost per unit)

= 25 units × $67.375 per unit

= $1,685

3 0

3 years ago

A labor contract provides for a first-year wage of $15 per hour, and specifies that the real wage will rise by 2 percent in the

eduard

Answer:

$17.9469

Explanation:

Calculation for what dollar wage must be paid in the third year

Since the first year is tend to be the base year in which the real wage and nominal wage are both $15 per hour in that year.

The real wage is suppose to increase by 2 percent in the second year which means that the real wage in year two will be $15.30 ($15 * 1.02) per hour.

In a situation where the real wage was supposed to also increase by 2 percent in the third year, this means that the real wage in year three will be $15.606 ($15.3 * 1.02) per hour.

Therefore In order for us to find the nominal wage in third year , we have to index the real wage in order for it to adjust for inflation. Thus the nominal wage in third year will be $17.9469($15.606 * 1.15).

Therefore what dollar wage must be paid in the third year will be $17.9469

3 0

3 years ago

Veronica Gilbert is an accountant for a surf shop that is expanding their retail store locations. Her supervisor has assigned he

harina [27]

Answer:

The answer is: Must do priority

Explanation:

Must do priorities are the activities you or your organization must achieve in order to be successful. Must do priorities should be your highest priorities.

Veronica needs to get the bank loan so that her company can start their expansion projects, and she needs to do it fast.

3 0

2 years ago

On December 31, 2006, Frye Co. has $2,000,000 of short-term notes payable due on February 14, 2007. On February 2, 2007, Frye is

Juli2301 [7.4K]

Answer:

The amount of short term notes payable reported as Current liabilities (CL) on December 31, 2006 is $500,000

Explanation:

The amount of short term notes payable reported as Current liabilities (CL) on December 31, 2006 is computed as:

Amount of short term notes payable = Short term notes payable due on Feb 14 - Borrowed from County Bank

where

Short term notes payable due on Feb 14 is $2,000,000

Borrowed from County Bank is $1,500,000

Putting the values above:

Amount of short term notes payable = $2,000,000 - $1,500,000

Amount of short term notes payable = $500,000

5 0

3 years ago

Asteroid Industries accumulated the following cost information for the year:

chubhunter [2.5K]

Answer:

Factory overhead= $22,900

Explanation:

Giving the following information:

Direct materials $15,200

Indirect materials 3,200

Indirect labor 7,700

Factory depreciation 12,000

Direct labor 36,200

<u>Factory overhead is all the indirect costs related to production. In this case:</u>

Factory overhead= indirect materials + indirect labor + factory depreciation

Factory overhead= 3,200 + 7,700 + 12,000

Factory overhead= $22,900

5 0

3 years ago

What are the aspects of production?​

What are the aspects of production?