Answer:
The correct answer is CDIFs (Community Development Financial Institutions)
Explanation:
A Community Development Financial Institution (CDFI) is a kind of financial entity that supplies and provides assistance to marginalized and low-income communities. The CDFIs, which are certified by the US Department of the Treasury, may be community banks, credit unions, nonprofit organizations, venture capital funds or funds available for loans. They usually raise the money they lend through scholarships, loans with low interest rates, foundations, government or banks that seek to meet the requirements of the Community Reinvestment Act (known by its acronym in English as CRA). The CDFIs are very community-centered, directing their financing to small businesses, microenterprises, nonprofit organizations, commercial real estate and property as well as access to affordable housing.
Answer:
Overhead= $6,000
Explanation:
Giving the following information:
Job 403:
Direct material= $40,000
Total manufacturing costs = $50,000
Boxer applies overhead at 150% of direct labor cost.
Total manufacturing costs= direct material + direct labor + allocated overhead
50,000= 40,000 + (direct labor + allocated overhead)
(direct labor + allocated overhead)= $10,000
<u>We know that overhead is 50% higher than direct labor. In 100%, direct labor would de 40% and overhead 60%.</u>
direct labor=10,000*0.4= $4,000
Overhead= 10,000*0.6= $6,000
Answer:
The gap between product design specifications and actual performance of the product.
Explanation:
The term performance quality refers to the gap between product design specifications and actual performance of the product.
This ultimately implies that, a performance quality refers to a measure of the level at which the primary characteristics of a product that is being manufactured by a producer operates. Therefore, all the elements of the commitment made in a product that is to be sold to consumers by the producer is the performance quality of a product.
Hence, business firms or companies should endeavor to design a level of performance that is appropriate, effective and efficient to their customers, so as to increase the customer's level of satisfaction and enhance the chances of them using the product in the future.
Answer:
When viewed and analyzed together, economic indicators and market indexes can provide a clear picture of economic growth.
Explanation:
i just did it on edg 2020
Answer:
Station 1 is a bottleneck station because the processing time taken to process the product in such station is 9 minute when compared with Station 2 and Station 3
Explanation:
Station 1 = Processing time is 9 minutes
Station 2 = Processing time is 5 minutes per unit (15 minutes / 3 machines)
Station 3 = Processing time is 7 minutes
Thus, the Station 1 is the bottleneck station with a bottleneck time of 9 minutes per unit.
