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3 years ago

Indirect channels for consumer goods

Business

1 answer:

Komok [63]3 years ago

8 0

Answer:

The most indirect channel you can use (Producer/manufacturer –> agent –> wholesaler –> retailer –> consumer) is used when there are many small manufacturers and many small retailers and an agent is used to help coordinate a large supply of the product.

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What percentage of the 27.3 million businesses in the united states are small companies with less than 500 employees?

Strike441 [17]

<span>Of the over-27 million businesses, only 18,500 employ over 500 employees. 18,500/27.3mil = 0.0678%, so subtracting that from 100% leaves 99.9322% of all companies having a workforce under 500 employees. These are the "small businesses."</span>

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3 years ago

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3 years ago

Given the following, calculate total manufacturing costs: Direct materials: $40,000; Direct labor: $100,000; Manufacturing overh

vfiekz [6]

Answer:

cost of goods manufactured= $278,000

Explanation:

Giving the following information:

Direct materials: $40,000

Direct labor: $100,000

Manufacturing overhead applied: $120,000

Beginning Work in process inventory: $30,000

Ending Work in process inventory: $12,000

<u>To calculate the total manufacturing costs, we need to use the following formula:</u>

cost of goods manufactured= beginning WIP + direct materials + direct labor + allocated manufacturing overhead - Ending WIP

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3 years ago

Leslie Manufacturing reported the following:Revenue $450,000Beginning inventory of direct materials, January 1, 2015 20,000Purch

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Answer:

$109,000

Explanation:

The accounting equation for the cost of goods sold

COGS = opening finished good + purchases - Closing finished goods

In a manufacturing firm, purchases are also referred to as manufacturing costs.

For Leslie manufacturing:

beginning finished inventory =$40,000

costs of goods manufactured = $ 144,000

Ending finished inventory = $ 45,000

cost of manufacturing for the period:

=$40,000 +$114,000- $45,000

=$109,000

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2 years ago