Which are characteristics of a free market economic system?

Chavez Corporation reported the following data for the month of July:

Alchen [17]

Answer:

Direct Material Cost for July=$60,600

Explanation:

The direct materials cost for July is is calculated as:

Raw Material in the beginning=$34000

Additional Raw materials purchases=$69500

Total Raw material Available=Raw Material in the beginning+Additional Raw materials purchases

Total Raw material Available=$34000+$69500

Total Raw material Available=$103500

Ending Raw material=$33500

Raw material used in production=Total Raw material Available-Ending Raw material

Raw material used in production=$103500-$33500

Raw material used in production=$70000

Indirect materials included in manufacturing=$9400

Direct Material Cost=Raw material used in production-Indirect materials included in manufacturing

Direct Material Cost=$70000-$9400

Direct Material Cost=$60,600

8 0

2 years ago

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The computerization of the layout and paste-up process further complicated printing, as did the digitizing of photographs. a. Tr

Anna35 [415]

Answer:

The correct answer is letter "A": True.

Explanation:

Digitizing photographs complicated printing since it pushed printers' manufacturers to invest more in their development teams to create high-quality image printing devices. This was originated as a result of the spread of the paste-up process which allowed individuals to attach almost any image to their documents for printing purposes.

6 0

3 years ago

During _____ processes for a new project, the organization recognizes that a new project exists, and completes a project charter

never [62]

Answer: (D) Initiating

Explanation:

The Initiating processes is one of the phase in the project management life cycle that is necessary for defining the existing project's main objective, success criteria and also the outcome.

The initiating processes helps in providing the effective information or data that is necessary for the developing the project. It is also refers top the process for obtaining the authorization for the given project.

According to the given question, the initiating processes recognizing all the existing projects and also complete all the project charter as part of recognition process.

Therefore, Option (D) is correct answer.

5 0

2 years ago

Please select the best answer from the choices provided A situation in which quantity demanded is greater than quantity supplied

Black_prince [1.1K]

<span>A situation in which quantity demanded is greater than quantity supplied best describes shortage. Shortage is when any product or service lacks the means to provide or satisfy its demand. A shortage in the product or service usually results to a price increase. On the other hand, a surplus results to a price decrease.</span>

5 0

3 years ago

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A promising new customer at a FINRA member firm has complained verbally to a registered representative that he lost $500 on the

GaryK [48]

Answer:

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Explanation:

4 0

3 years ago