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Bad White [126]
3 years ago
7

For the month of September, Florida, Inc., incurs a direct materials cost of $12,000 for 7,500 gallons of strawberry lemonade pr

oduced in its Mixing Department. It also incurs conversion costs of $6,000 with 80% completed. If the direct materials cost per equivalent unit was $0.90 in August and the conversion cost per equivalent unit was $1.15 per gallon in August, what is the difference in the direct materials cost per equivalent unit between the two months
Business
1 answer:
Ludmilka [50]3 years ago
8 0

Answer:

$0.10 is the correct answer.

Explanation:

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A company is concerned about the number of customers that have to wait for service in their customer service department. Assume
uysha [10]

Answer:

E) None of these

Explanation:

Calculation to determine which of the following is the mean time between arrivals

Using this formula

Mean time between arrivals = 1/Arrival rate

Let plug in the formula

Mean time between arrivals= 1/12

Mean time between arrivals= 0.0833 hours or 5 minutes

Therefore the Mean time between arrivals will be 0.0833 hours or 5 minutes

4 0
3 years ago
Which is not a goal of American social policy?
Llana [10]
Shrink nations work force
3 0
3 years ago
One benefit of specialization is that it​
tiny-mole [99]
-Whenever countries have different opportunity costs in production they can benefit from specialization and trade.
-Benefits of specialization include greater economic efficiency, consumer benefits, and opportunities for growth for competitive sectors.
8 0
3 years ago
The opportunity cost of an item is a. what you give up to get that item. b. usually less than the dollar value of the item. c. t
Jobisdone [24]

Answer: a

Explanation:

Opportunity costs represent the benefits an individual, investor or business misses out on when choosing one alternative over another. While financial reports do not show opportunity cost, business owners can use it to make educated decisions when they have multiple options before them.

Because by definition they are unseen, opportunity costs can be easily overlooked if one is not careful. Understanding the potential missed opportunities foregone by choosing one investment over another allows for better decision-making.

Opportunity cost analysis also plays a crucial role in determining a business's capital structure. While both debt and equity require expense to compensate lenders and shareholders for the risk of investment, each also carries an opportunity cost. Funds used to make payments on loans, for example, are not being invested in stocks or bonds, which offer the potential for investment income. The company must decide if the expansion made by the leveraging power of debt will generate greater profits than it could make through investments.

6 0
3 years ago
A description of how the business will generate revenue is always included in a:
GarryVolchara [31]

Answer: business plan

Explanation:

Stock dividend, is a method used to distribute wealth to its shareholders by a company.

A stock certificate is a legal document which implies that the owner has some number of stocks or shares in a corporation.

Business loan agreement is simply an understanding that takes place between a business and a lender which contains the promises made by both parties regarding giving the money by the lender and the repayment plan by the borrower.

A business plan is a document that simply describes a business and, its products or services, its financing, leadership and staffing, its operations model, etc.

6 0
3 years ago
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