Answer:
Hello,
The next step will be; analyse data and report the findings
Explanation:
After collecting data, Joseph should analyse the data to identify positive trends according to the assumptions he decides to make.At this step, he can summarize the whole study to capture the procedure involved, the results obtained and the conclusion derived from the research.He should check if the hypothesis was correct or wrong.Making decisions based on assumptions can affect the company.The data obtained should be analysed the way it is rather than adding more information that was not obtained in the research. After this step, take action!
Best of Luck!
<span>This is important because drugs are needed to be digested and taken into the body, but in the case of a fast and necessary situation, the drug can into the body quicker being injected. Additionally, the drug can get into the blood stream quicker this way.</span>
Answer:
36.26%
Explanation:
Simple rate of return:
return/investment
<u>return:</u>
In this case, it will be the cost saving for the new machine: 161,000
<u>investment</u>
We will decrease the investment by the recovery from the old machine.
468,000 new machine - 24,000 salvage value of new = 444,000
<u>Then, proceed to calculate:</u>
161,000/444,000 = 0.3612 = 36.26%
Consideration:
Is important to state that this rate, do not consider the time value of money, neither the cash flow of the project.
Answer:
a. benchmarking
Explanation:
Benchmarking is a management strategy that a business uses to measure productivity, or set goals based on the industry's best practices. An organization applies the benchmarking approach to evaluate its quality, processes and procedures, and performance against that of other firms. An organization uses the benchmarking report to improve its operating and product standards.
Benchmarking can be internal or external. Internal benchmarking involves comparisons between teams, departments, or individuals within an organization. External benchmarking is where a firm gauge its critical operations against those of its competitors or other similar companies.
Answer:
cost of goods manufactured= $246,000
Explanation:
<u>To calculate the cost of goods manufactured, we need to use the following formula:</u>
cost of goods manufactured= beginning WIP + direct materials + direct labor + allocated manufacturing overhead - Ending WIP
cost of goods manufactured= 29,000 + 69,000 + 99,000 + 73,000 - 24,000
cost of goods manufactured= $246,000
