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il63 [147K]
3 years ago
8

What is the definition of It spectrum​

Business
1 answer:
marshall27 [118]3 years ago
7 0
Definition of spectrum

1a : a continuum of color formed when a beam of white light is dispersed (as by passage through a prism) so that its component wavelengths are arranged in order

2a: any of various continua that resemble a color spectrum in consisting of an ordered arrangement by a particular characteristic (such as frequency or energy): such as
You might be interested in
At the Wedge Natural Co-op in Minneapolis, employees talked about how the long-time general manager had fired almost the entire
algol13

Answer:

story

Explanation:

Based on the inforamation provided describing the scenario it can be said that the underlined missing word is "story". That refers to the entire event that the employee was explaining, which that individual employee experienced first hand. He seems to have explained this story to show how the food co-op was evolving into a more customer service focused company that valued a very specific work ethic.

7 0
3 years ago
If they produce only hamburgers, in a single day Sarah can produce 10 hamburgers, and Abe can produce 5 hamburgers. If they make
viktelen [127]

Answer:

Sarah

Milkshakes

Explanation:

A person has comparative advantage in production if it produces at a lower opportunity cost when compared with other people.

A person has an absolute advantage in the production of a good or service If she produces more quantity of a product when compared with other people.

Sarah produces more hamburgers and milkshakes when compared to Abe. Therefore she has absolute advantage in the production of both milkshakes and hamburgers.

The opportunity cost of Sarah in producing hamburgers and milkshakes are both 10/10 = 1

The opportunity cost of Abe producing hamburgers is 4 / 5 = 0.8 and for milkshakes it is 5/4 = 1.25.

Therefore, Sarah has a comparative advantage in the production of milkshakes because she has a lower opportunity cost (1) when compared with Abe (1.25)

I hope my answer helps you.

6 0
3 years ago
Strait Co. manufactures office furniture. During the most productive month of the year, 3,700 desks were manufactured at a total
Paladinen [302]

Answer:

Option (c) is correct.

Explanation:

Given that,

Highest level of activity = 3,700

Total cost at highest level of activity = $82,400

Lowest level of activity = 1,200

Total cost at lowest level of activity = $65,000

Here, we are using high-low method of cost estimation,

Variable cost per unit:

= (Total cost at highest level of activity - Total cost at lowest level of activity) ÷ (Highest level of activity - Lowest level of activity)

= ($82,400 - $65,000) ÷ (3,700 - 1,200)

= $17,400 ÷ 2,500

= $6.96

Fixed Costs:

= Total cost at highest level of activity - (Variable cost per unit × Highest level of activity)

= $82,400 - ($6.96 × 3,700)

= $82,400 - $25,752

= $56,648

3 0
4 years ago
A general journal is: A ledger in which amounts are posted from a balance column account. Not required if T-accounts are used. A
lara31 [8.8K]

Answer:

A complete record of all transactions in chronological order from which transaction amounts are posted to the ledger accounts.

Explanation:

The general journal is the only entry point for all business transactions in order by date, which later will make its way into the books of accounts of the company. The definition was more appropriate when transactions were written in a journal prior to manually posting them to the accounts in the general ledger or subsidiary ledger.

8 0
3 years ago
Vermont Instruments manufactures two models of calculators. The finance model is the Fin-X and the scientific model is the Sci-X
belka [17]

Answer:

The cost per unit of the Fin-X model is $28 and the cost per unit of the Sci-X model is $33.

Explanation:

Process costing refers to a cost accounting technique that traces and accumulates direct costs for each product type or model, and then assigns indirect or conversion costs incurred in the manufacturing process to each product based on the method adopted by the firm.

The cost per unit of the Fin-X and Sci-X models for June can be computed by following the following steps:

Step 1: Calculation of total parts cost of Fin-X and Sci-X

Fin-X total parts cost = Units of Fin-X × Fin-X parts cost per unit

                                   = 10,000 × $25

Fin-X total parts cost = $250,000

Sci-X total parts cost = Units of Sci-X × Sci-X parts cost per unit

                                   = 40,000 × $30

Sci-X total parts cost = $1,200,000

Step 2: Assignment of total conversion cost of Fin-X and Scin-X

Fin-X portion of conversion cost = (Units of Fin-X ÷ Total units) × Total conversion cost

                                                      = (10,000 ÷ 50,000) × $150,000

Fin-X portion of conversion cost = $30,000

Sci-X portion of conversion cost = (Units of Sci-X ÷ Total units) × Total conversion cost

                                                      = (40,000 ÷ 50,000) × $150,000

Sci-X portion of conversion cost = $120,000

Step 3: Calculation of total cost of Fin-X and Scin-X

Fin-X total cost = Fin-X total parts cost + Fin-X portion of conversion cost

                         = $250,000 + $30,000

Fin-X total cost = $280,000

Sci-X total cost = Sci-X total parts cost + Sci-X portion of conversion cost

                           = $1,200,000 + $120,000

Sci-X total cost = $1,320,000

Step 4: Calculation of cost per unit for Fin-X and Scin-X

Fin-X cost per unit = Fin-X total cost ÷ Units of Fin-X

                               = $280,000 ÷ 10,000

Fin-X cost per unit = $28 per unit

Sci-X cost per unit = Sci-X total cost ÷ Units of Sci-X

                               = $1,320,000 ÷ 40,000

Sci-X cost per unit = $33 per unit

Conclusion

The cost per unit of the Fin-X model is $28 and the cost per unit of the Sci-X model is $33.

5 0
4 years ago
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