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3 years ago

What is the manufacturing industry?

Business

1 answer:

rosijanka [135]3 years ago

4 0

Answer:

The branch of manufacture and trade based on the fabrication, processing, or preparation of products from raw materials and commodities.

Explanation:

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Gwen is a doctor who is forming her own medical practice. She wants her practice to be flexible, simple to run, and free from re

algol [13]

Answer:

A limited liability company

Explanation:

A limited liability company has characteristics of corporations, partnerships, and sole proprietorships. Like a corporation, the owners have limited liability. Like a partnership and sole proprietorship, profits are taxed once through flow through taxation.

I hope my answer helps you

4 0

3 years ago

Please select the economic term that is best described by each statement. People have limited resources. entrepreneurship margin

dlinn [17]

Answer:

scarcity

tradeoffs

Explanation:

Humans have unlimited wants and the resources available to satisfy this wants are limited. Thus, humans have to choose the most important wants and give up less important wants.

For example, if you have $20 and you want to buy a textbook , ice-cream or jeans. Each cost $20. If you need the textbook to study for a test, you would choose the book. Here $20 is the scarce resource. jeans and ice cream are what you traded off

6 0

3 years ago

Perform a sensitivity analysis by answering the following questions: a. What is the break-even point in sales dollars for RBC? b

Rzqust [24]

a). Breakeven point = Total fixed costs ÷ Contribution margin ratio

Contribution ratio = Contribution margin ÷ Total sales

Contribution ratio = $822,212 ÷ $1,953,000 = 0.421

Breakeven point = $520,000 ÷ 0.421= $1,235,154.

b). Margin of safety = Total Sales - Break-even point

Margin of safety = $1,953,000 – $1,235,154= $717,846.

c) Target profit =(Total fixed costs + Target profit) ÷ Contribution margin ratio

Target profit = ($520,000 + $200,000) ÷ 0.421= $720,000 ÷ 0.421= $1,710,214

Explanation:

The Data sheet has been added as an attachment

8 0

3 years ago

Department D had materials costs of $10,000 in beginning work in process inventory and added an additional $50,000 in materials

EastWind [94]

Answer:

The correct answer is $3

Explanation:

Cost per equivalent unit = Total costs / EUP for materials = ($50000+ $10000) / 20000 = $3

3 0

3 years ago

Which of the following is not a benefit of networking

Marysya12 [62]

Answer:

B. Registering for college courses earlier

Explanation:

Here are the options

A. Meeting potential employers

B. Registering for college courses earlier

C. Building relationships

D. Learning how to socialize professionally

Networking can be described as when people with similar interests come together to exchange ideas. The exchange of ideas usually takes place in an informal setting.

With the advent of technology, networking can take place on social media.

Networking has several advantages :

It connects the unemployed with recruiters
It facilities the exchange of ideas and knowledge
It is a great way to meet people and exchange ideas

3 0

3 years ago

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