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Thepotemich [5.8K]
3 years ago
15

Some of the duties of _____ are obtaining goods and services that meet or exceed operations requirements in a timely and cost-ef

fective manner, and managing suppliers.
Business
1 answer:
Anestetic [448]3 years ago
6 0

Answer:

Some of the duties of _Supply Chain Management____ are obtaining goods and services that meet or exceed operations requirements in a timely and cost-effective manner, and managing suppliers.

Explanation:

A company's Supply Chain Management function plays a pivotal role in an organization, from the beginning of the value chain to the end.  It engages in forecasting supply and demand requirements, purchasing, inventory and information management, quality assurance, scheduling, production and delivery, and customer services.  Supply Chain Managements ensures that supply is matched to demand as effectively and efficiently as possible.

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Lupo Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours. The
postnew [5]

Answer:

$1960

Explanation:

The computation of the total cost is shown below:

Total variable overhead estimated is

= (4 × 31400)

= $125600

Now

total overhead estimated is

= Total variable overhead estimated + Total fixed overhead estimated

= $125600 + 219800

= $345400

Now predetermined overhead rate is

= $345400 ÷ 31400

= $11 per machine hour

Now total overhead applied is

= (11 × 20)

= $220

So,  total job cost is

= Direct material + Direct labor + Total overhead

= (580+1160+220)

 = $1960

6 0
3 years ago
A boycott occurs when workers collectively refuse to go to work.
nikitadnepr [17]
When workers refuse to work its called boycotting
3 0
4 years ago
The production department of Zan Corporation has submitted the following forecast of units to be produced by quarter for the upc
serious [3.7K]

Answer:

1 & 2. Purchases of Raw Material

                          Purchases in grams                       Cost  

  Quarter 1               68,250                                      $ 81,900

  Quarter 2              82,250                                      $ 98,700

  Quarter 3              75,250                                       $ 90,300

  Quarter 4              60,500                                       <u>$ 72,600</u>

  Full year                                                                  $ 343.500

3. Expected Cash disbursements

  Quarter 1                                                                  $ 54,740

  Quarter 2                                                                 $ 91,980

  Quarter 3                                                                 $ 93.660  

  Quarter 4                                                                 <u>$ 79,680</u>

Total Year payments                                                 $ 320,060

4.  Total cost of Direct Labor    

  Quarter 1                                                                  $ 27,900

  Quarter 2                                                                 $ 37,200

  Quarter 3                                                                 $ 34,100  

  Quarter 4                                                                 <u>$ 31,000</u>

Total Year for direct labor                                       $ 130,200

Explanation:

Computation of raw material purchases

<u>Raw material consumption</u>

Qtr No of Units per qtr Total Requirement

1        9,000 * 7 gms per unit =      63,000 gms

2      12,000 * 7 gms per unit =      84,000 gms

3       11,000 * 7 gms per unit =      77,000 gms

4       10,000 * 7 gms per unit =     <u>70,000</u> gms

Total Year                                     294,000 gms

Raw Material Purchases for each quarter

Purchases = Closing inventory + Consumption - Opening inventory

1 21,000 (84,000gms * 25 % ) + 63,000 - 15.750 =  68,250 gms  

2 19,250 (77,000gms* 25 %) + 84,000 - 21,000 =  82,250 gms

3 17,500 ( 70,000gms* 25 %) + 77,000-19,250 =  75,250 gms

4 8,000 ( As per data) + 70,000-17.500            =  60,500 gms

Total year purchases =                                       =  286,250 gms

<u>Cost of purchases</u>

Quarter 1    68,250 gms  * $ 1.20     = $  81,900

Quarter 2   82,250 gms * $ 1.20      = $  98,700

Quarter 3   75,250 gms * $ 1,20     =  $ 90,300

Quarter 4   60,500 gms * $ 1,20    =   <u>$ 72,600</u>

Total purchases                                   $ 343,500

Computation of cash disbursements for purchases

Quarter 1 Payments = Opening Payables + 60 % of quarter 1

$ 5,600 + ( 60 %* $ 81,900) = $ 5,600 + $ 49,140 =               $ 54,740

Quarter 2 payments

(40 % of quarter 1) + ( 60 % of quarter 2)

($ 81,900 * 40 %) + ( $ 98,700 * 60 %)

$ 32,760 + $ 59,220                                               =                $ 91,980

Quarter 3 payments

(40 % of quarter 2) + ( 60 % of quarter 3)

($ 98,700 * 40 %) + ( $ 90,300 * 60 %)

$ 39,480 + $ 54,180                                                =                $ 93.660    

Quarter 4 payments

(40 % of quarter 3) + ( 60 % of quarter 4)

($ 90,300 * 40 %) + ( $ 72,600 * 60 %)

$ 36,120 + $ 43,560                                                =               <u> $ 79,680</u>

Total payments for purchases for the year                            $ 320,060

Computation of direct labor cost  

No of units * Estimated Direct labor hours * Labor rate per hour

Quarter 1  =    9,000 * 0.20 per unit * $ 15.50               =         $  27.900

Quarter 2  =   12,000 * 0.20 per unit * $ 15.50               =        $  37.200

Quarter 3       11,000 * 0.20 per unit * $ 15.50               =         $  34.100

Quarter 4       10,000 * 0.20 per unit * $ 15.50               =         <u>$  31.000</u>

Total cost for Direct labour                                                        $ 130,200

8 0
4 years ago
The service sector is important for all of the following reasons EXCEPT Select one: A. services make an important contribution t
ioda

Answer:

Answer letter C.

Trade in service can provide traditional and new export opportunities

6 0
3 years ago
Compared to _____% in 1977, the labor force participation rate for men is now approximately ______% and is expected to decrease
blsea [12.9K]

Answer: 59; 53; 52

Explanation: Compared to 59% in 1977, the labor force participation rate for men is now approximately 53% and is expected to decrease through 2024 to 52%.

6 0
3 years ago
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