Answer:
$68,800
Explanation:
Let the direct material used be X,
Direct Material + Direct Labor + Over Head = Total product cost
X + $62,000 + $40,000 = $165,000
X + $102,000 = $165,000
X = $165,000 - $102,000
X = $63,000 Materials Used
Raw Materials used = Beginning Inventory + Purchased - Ending Inventory
Raw Materials used = Beginning Inventory + Purchased - [Beginning Inventory + $5,800]
$63,000 = Beginning Inventory + Purchased - Beginning Inventory - $5,800
$63,000 = Purchased - $5,800
Purchased = $63,000 + $5,800
Purchases = $68,800
Answer:
The answer is Credit.
Explanation:
Net loss can be thought of as a <u>Credit </u>to the Capital account.
Answer:
hope this helps
Explanation:
A black hole is a place in space where gravity pulls so much that even light can not get out.
Answer:
A series of activities that transform inputs into products that customers value.
Explanation:
A product can be defined as any physical object or material that typically satisfy and meets the demands, needs or wants of customers. Some examples of a product are mobile phones, television, microphone, microwave oven, bread, pencil, freezer, beverages, soft drinks, etc.
The core benefit of a product can be defined as the basic (fundamental) wants or needs that is being satisfied, met and taken care of when a customer purchase a product.
Hence, the term that refers to the first level of a product, which depends on the customer value it generates is generally referred to as a core benefit. For example, a hotel provides a comfortable and convenient bed to spend the night (sleep) when you travel for a vacation.
On a related note, a value chain refers to the idea that a company is a series of activities that transform inputs into products that customers value.
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