Answer:
The $200,000 represents the revenue and the $50,000 represents the profit.
Explanation:
Investors would be the answer
Compulsory insurance is a type of insurance that is required by law before you can engage in specific activities. This kind of insurance is meant to protect you from harm in some way, an example would be the legal requirement to have auto insurance to drive a car or having health insurance in the United States.
Non compulsory insurance is pretty much everything that you are not required to have, insurance such as travel insurance, life insurance, phone insurance, etc. Although it is a good idea to get these, they are not required.
Non compulsory basically means voluntary while compulsory means required.
Answer:
Pc = 8294.4 units per week
Explanation:
Pc = U * A * ( N * sw * Hsh * Rp )/ n
Where
Pc = production capacity in terms of availability and utilization per week
U = utilization factor = 80% = 0.8
A = availability = 90% = 0.9
N = number of work centers = 8
sw = number of shifts per week = 10
Hsh = number of hrs per shift = 8
Rp = hourly production rate = 18 units /hr
n = number of distinct operations = 1 , same machine & part
So therefore,
Pc = 0.8 * 0.9 (8 * 10 * 8 * 18)/ 1
Pc = 8294.4 units per week
Answer:
C. Fixed price with incentive
Explanation:
In the fixed price with incentive contract, if the supplier can demonstrate actual cost savings through production efficiencies or substitution of materials, the resulting savings from the initial price targets are shared between the supplier and the purchaser at a predetermined rate.
Fixed-price incentive contract refers to a fixed-price contract which provides for adjusting profit and establishing the final contract price by application of a formula based on the relationship of total final negotiated cost to total target cost. It provides for the adjustment of the contract price and profit.
The amount of the adjustment is determined by a formula which is based on the relationship between total negotiated cost and the target cost or the actual cost, or some other factors.
