Answer:
EOQ is 500kg
Explanation:
In this question, we are asked to calculate the economic order quantity for resin.
To calculate the economic order quantity, we employ the use of a mathematical formula.
Mathematically;
EOQ = √2DS/H
where D is annual demand = 365 * 50 = 18,250
S = order costs = 100
H = Annual holding cost = 365 * 0.04 = 14.6
Plugging these values into the equation, we have;
EOQ = √(2 * 18,250 * 100)/14.6 = √250,000
EOQ = 500kg
Answer:
1. The differences between actual and standard costs are called
__________
variances.
2. A favorable cost variance results when
actual cost is less than standard cost
Explanation:
The cost variance is the difference calculated when either the actual cost is less than the standard cost or the standard cost is less than the actual cost. If they are equal, there is no variance. Variance reporting helps management to initiate corrective measures. It helps to improve performance, output, or workers' productivity.
Answer: Comparability
Explanation: Financial statements of an organisation indicates the position of the business on the market and what are its future prospects. Thus, every organisation markets have to follow same accounting principles while preparing financial statements so that investors in the market could compare different alternatives.
Hence the given statement is an example of comparability.
Answer:
Mobile device eases the process of providing and receiving feedback. If your customers have concerns or problems with what your business offers, they can let you know in a timely manner. Mobile device gives customers a convenient and accessible way to express what they feel and gives companies a chance to respond. With such platforms, businesses are able to view complaints and assure their customers that their problems will be dealt with.
Explanation: the way I see the advantage of mobile devices evolving in the next 5 years.
it will be very easy for customers to get their orders at their doorstep without going out of their comfort Zone which is also happening now but by there the service will be faster.
Easy access to desired product and services
It will make work easier for the organization and also on time delivery for the client.
Answer:
Depends on where you go
Explanation:
First you gotta make sure the places you apply for are hiring or not. Then you just gotta have expeirerence if You don’t then you gotta work at fast food or something that doesn’t require higher pay then minimum wage.
