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Andrew [12]
3 years ago
6

Nakawé, LLC produces and sells greeting cards in a competitive market. The total cost of producing 1000

Business
1 answer:
Nikolay [14]3 years ago
4 0

Answer:

Nakawé, LLC produces and sells greeting cards in a competitive market. The total cost of producing 1000

greeting cards is $4000. The price of a greeting card is $4.

What is this firm's economic profit (or loss)?

Explanation:

or loss

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The following information is available for the first year of operations of Engle Inc., a manufacturer of fabricating equipment:
FromTheMoon [43]

Answer:

Consider the following calculations

Explanation:

Step 1. Given information

  • Sales $7,270,000
  • Gross profit 1,450,000
  • Indirect labor 330,000
  • Indirect materials 195,000
  • Other factory overhead 90,000
  • Materials purchased 5,100,000
  • Total manufacturing costs for the period 6,170,000
  • Materials inventory, end of period 480,000

Step 2. Calculation according to the following formulas.

a. Cost of goods sold = Sales-Gross profit = 7270000-1450000= $582000

b. Direct materials cost = 5100000-195000-480000= $4425000  

c. Direct labor cost = 6170000-4425000-330000-195000-90000= $1130000

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3 years ago
Managers can increase their ability to make nonprogrammed decisions that will allow them to adapt to, modify, and even drastical
vodka [1.7K]

Answer:

Learning.

Explanation:

Organisational learning is the process by which knowledge is created, retained, and transfered within an organisation. This will imporve quality of decision-making at all levels of the organisation.

Over time the organisation gains a broad knowledge base that it can use to better the organisation.

Innovative or nonprogammed decisions opens up a world of possibilities to the business and evaluation is done to get the best idea for implementation.

7 0
3 years ago
Products are invented and revised by which department? marketing production research and development finance 2. what is the indu
Vanyuwa [196]

1. The answer is <u>"research and development".</u>


Research and development alludes to innovative exercises embraced by organizations or governments in growing new administrations or items, or enhancing existing administrations or products. Research and improvement constitutes the primary phase of advancement of a potential new administration or the creation procedure.  

Research and development are exceptionally hard to oversee, since the characterizing highlight of research is that the analysts don't know ahead of time precisely how to achieve the coveted outcome.  


2. The answer is <u>"capstone courier".</u>


Client buys and sensor organization money related outcomes are accounted for in an industry pamphlet called the Capstone Courier.  

Successful organizations will think about the Courier to comprehend the commercial center and discover openings. As the reenactment advances and systems are executed, organization results will start to shift.  


3. The answer is <u>"wage increases".</u>


Production department refers to a department that is straightforwardly associated with assembling items. Illustrations are the machining, completing, and collecting offices.  

Production is the useful territory in charge of transforming contributions to completed yields through a progression of generation forms. The Production Manager is in charge of ensuring that crude materials are given and made into completed merchandise successfully. He or she should ensure that work is completed easily, and must manage methods for making work more productive and more charming.  


4. The answer is <u>"Borrowing Long-term debt , Borrowing Short-term debt and Issuing Stock".</u>


Short-term debt alludes to any money related commitment that is either due inside a year time frame or due inside the current monetary year. The estimation of the transient obligation account is imperative while deciding an organization's execution.  

Notwithstanding any short-term debts due inside a year, there might be a segment of long-term debt that is likewise incorporated into this record. This part relates to installments that must be made on any long-term debt throughout the year.


5. The answer is <u>"marketing department".</u>


The Marketing Department assumes a fundamental part in advancing the business and mission of an organization.A advertising division advances your business and drives offers of its items or administrations. It gives the important research to recognize your objective clients and different groups of onlookers. Contingent upon the organization's various leveled association, a promoting executive, director or VP of advertising may be in charge.  

6. The answer is<u> "true".</u>


A proforma is being characterized as a standard record or proclamation in respects with back that could be alluded to as a technique utilized in methods for ascertaining the money related outcomes that are given.  

Proforma financial statements are utilized for a full scope of budgetary examination and ought to be made toward the start of each money related arranging cycle or at whatever point an association is thinking about a stage that could have a huge monetary effect.

8 0
3 years ago
This Government Representative is appointed by the Contracting Officer to serve as a technical liaison between the Government an
Alex Ar [27]

Answer:

Contracting Officer Representative

Explanation:

  • An agent of a contracting officer is a person appointed in compliance with the subdivision of DFARS .and approved by the contracting agency in law to automate repetitive technological or essential functions.
  • A security officer is a man who shares information to interact and coordinate their events between two organizations.

by these process COR work.

3 0
3 years ago
Which of the following statements is CORRECT? a. Because most stock ownership is concentrated in the hands of a relatively small
lbvjy [14]

Answer:

d. The potential exists for agency conflicts between stockholders and managers.

Explanation:

  • A problem of the agency is a conflict of the interest of relationships where one party is expected to act in another best interest and usually refers to the conflicts of the interest between the companies management and the stockholders.
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