Answer:
the cost of goods sold is $21,000
Explanation:
Cost of Goods Sold is equal to Opening Stock <em>add</em> Purchases <em>less </em>Closing Stock.
<u>Calculation of Monte Vista cost of goods sold is as follows :</u>
Opening inventory $60,000
<em>Add Purchases</em>
Purchases $15,800
<u>Less </u>Returns Outwards ( $1,400)
<u>Less</u> Suppliers` Discounts ( $400)
Total Purchases $14,000
Available for Sale $74,000
<em>Less Closing Stock </em>
Closing Inventory ($53,000)
Cost of goods sold $21,000
Making it right the first time is MANUFACTURING BASED DEFINITION OF QUALITY.
In manufacturing, a quality product is one that is free from all defects and it is in an excellent condition. Getting the quality right at the very first time is very important in the manufacturing industries, because that saves a lot of time, raw materials, human resources and other resources that go into making that product.
Answer:
Standard hours allowed= 39,000
Explanation:
Giving the following information:
Standard direct labor hours per unit= 5 hours
Actual results:
Units produced 7,800 units
<u>To calculate the standard hours allowed, we need to multiply the number of units produced for the unitary standard direct labor hours:</u>
Standard hours allowed= 7,800*5
Standard hours allowed= 39,000
Considering the functions and operations of the organizations, The NYSE is an example of a(n) <u>Organized</u> exchange while NASDAQ is an example of a(an) <u>Over the Counter</u> market.
NYSE is an acronym for the <u>New York Stock Exchange.</u> It is generally considered the most significant capital market in the world, with over $30 trillion. Its stock market is deemed to be stable. It is also known as a designated market.
On the other hand, NASDAQ is an acronym for National Association of Securities Dealers Automated Quotations. However, its stock market is considered to be volatile. It is also a dealer market
Hence, in this case, it is concluded that the correct answer is option A. "<u>Organized; over-the-counter."</u>
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Answer:
A) Type of Buying Situation
Explanation:
KAM refers to the Key Account Management and it represents an approach in product sales where the manufacturer or supplier of a product works in close contact with the consumer or client simply to get a better understanding of their common goals and also ensure that both parties achieve their objectives.
Since the objective of KAM is find out the buyer's goal or objective, the right choice is Type of Buying Situation.
Type of Buying Situation is an aspect of consumer behaviour monitoring where the actions of individuals, organisations or groups and their product decisions ranging from use, buying options, processes among others are studied. This is done buy manufacturers to better meet the need of the consumers and the society at large.
The new task being employed, the modified rebuy and straight rebuy options are Type of Buying Situation Major Decisions.