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Julli [10]
3 years ago
13

Production and sales estimates for March for Robin Co. are as follows: Estimated inventory (units), March 1 18,000 Desired inven

tory (units), March 31 21,600 Expected sales volume (units): Area M 7,000 Area L 8,000 Area O 9,000 Unit sales price $15 The number of units expected to be manufactured in March is
Business
1 answer:
nevsk [136]3 years ago
7 0

Answer:

Production = 27600 units

Explanation:

The number of units that must be produced during the month should be enough to meet the selling requirement for the month plus the desired level of ending inventory. Any starting of beginning inventory at the start of the month will reduce the number of units to be produced. Thus, the formula to calculate production for the month is,

Sales = Opening inventory + Production - Closing Inventory

Total sales = 7000 + 8000 + 9000 = 24000

24000 = 18000  +  Production  -  21600

24000 + 21600 - 18000 = Production

Production = 27600 units

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Luke heads the human resource department at a technology development company. There, he monitors trends of the labor markets wit
olasank [31]

Answer:

The correct answer would be, This scenario illustrates Luke's competency in Critical Evaluation.

Explanation:

When you critically evaluate a situation or scenario, and then make suggestions for that, it is called as Critical Evaluation. In this question, Luke monitors the trends of labor market in the industry and realizes the need of employees who must be skilled in Robotics. He realizes that his company is going to need Skilled employees in Robotics. He gathers information about the best robotic training programs in the region where the company operates. He then searched for best schools who provide training on such programs. He is basically critically evaluating the need of his business in the coming months or years and he is planning for that in advance by looking at all options and selecting the best before the need becomes serious. So Luke is using his Critical Evaluation Competency in this situation.

4 0
3 years ago
What was the stated purpose of the Food Administration during the Great War? A. It was to set up food banks for Americans B. It
Ulleksa [173]

Answer: The stated purpose of the food administration during the great war was to reduce food consumption by civilians (B)

Explanation:

The U. S. Food Administration was the department responsible for the administration of the United States army abroad and food reserves of its allies during the World War 1. An important role of the United States Food Administration was the regulation of the price of wheat in the market.

During the war, the United States was short of commodities because the commodities were sold to their allies hence, every citizen were asked to donate horses, weapons and ammunition they had to help supply the army. It was done so that food for soldiers wouldn't be an issue.

6 0
4 years ago
Read 2 more answers
The balance shown in the August bank statement of Colt Company was $23,200 before the bank reconciliation was prepared. After ex
anastassius [24]

Answer:

The answer is letter D

Explanation:

$20.600

5 0
3 years ago
Find m2V.<br><br><br> V<br><br><br> W<br><br><br> (2x + 29)<br><br><br> (10x – 27)°<br><br><br> Y
bogdanovich [222]

Answer:

31x

17x

Explanation:

we should add 2x+29

we should subtract 10x and 27

8 0
2 years ago
PLEASE HELP WITH THIS ECONOMICS ASSIGNMENT
Alenkinab [10]

Another scenario that illustrates the concept of opportunity costs is when Gilbert can be employed as an accountant at an annual salary of $60,000 or he chooses to start his own business.

The store owned by Gilbert could have been rented out at an annual lease of $15,000.  If Gilbert's store generates annual revenue of $200,000 with a cost of goods worth $100,000 and selling and administrative expenses that cost him $25,000 annually.

If Gilbert chooses to open the store, his economic gain from running the business will be <u>$20,000</u> ($200,000 - $80,000 - $25,000 - $15,000 - $60,000).

Whereas, if he chooses employment as an accountant, his economic profit will be <u>$75,000</u> ($60,000 + $15,000).

Thus, based on the concept of opportunity costs, which gives rise to economic profit, Gilbert will be advised to take up employment instead of starting his own business.

Learn more about economic profit and opportunity costs at brainly.com/question/17204577

3 0
3 years ago
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