Answer:
c. They account for a larger dollar value than class C items
Explanation:
The ABC inventory analysis is a method of classifying inventory in three main groups: A, B and C, where group A items include items that are most valuable and group C items the least valuable ones.
Conceptually similar to the Pareto principle, this method revolves around the fact businesses should focus on a limited scope of products, services or procedures that bring the most profit in comparison to other products/services.
Since group A items are critical to supply chain success, they require close monitoring by the operations managers and are rarely managed by wholly automated systems.
Like in the Pareto principle, A items usually have 10-20% share in the total item share, while they bring 70-80% of total profit.
Answer:
variable cost per unit 150 dollars
Explanation:
As we aren't provided with a volume. We calculate considering variable costying system which onyl count variable cost as cost of goods manufactured:
raw material $ 75 per unit
labor 5 hours x 14 per hour = $ 70 per unit
variable ovehread $ 5 per unit
Variable cost per unit $ 150 per unit
the fixed overhead cost
5,110 + 3,730 + 1,550 + 6,600 + 8,760 = 25,750
will be considered cost of the period under variable costing
Managers get things done through other people. They make decisions, allocate resources and direct the activities of others to attain goals.
Managers oversee the work being done by an organization and communicate what needs to be done down through the appropriate channels. Managers have a very important role in how an organization operates because they keep everyone on track with what needs to be done.
Answer:
the Net Cash flow provided by financing activities is $385,000
Explanation:
The computation of the amount that should be reported as net cash provided or used by financing activities is shown below:
Cash flow from financing activities
Issuance of common stock $247,000
Issuance of bonds payable $522,000
Less: Payment of dividends -$335,000
Less: Purchase of treasury stock -$49,000
Net Cash flow provided by financing activities $385,000
Hence, the Net Cash flow provided by financing activities is $385,000
Answer: Public ownership is the most common and effective public policy toward monopolies in the United States
Explanation:
A natural monopoly is a monopoly that occurs as a result of the company having an economies of scale and also due to the huge amount of money required for its investment. These monopolies are subject to regulation.
Also, sometimes the best public policy toward a monopoly is to do nothing. Lastly, antitrust laws may prevent mergers that would actually raise social welfare.
Therefore, based on the question asked, the answer is option B.
