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zimovet [89]
3 years ago
6

Which of the following is true of manufacturing? a.It does not require an organizational strategy. b.It creates time utility for

its customers. c.It creates products that cannot be quantified. d.It transforms resources into tangible outcomes.
Business
1 answer:
9966 [12]3 years ago
5 0

Answer:

The correct answer is option d.

Explanation:

Manufacturing is the process of producing goods using labor, machines, and tools. It is the process through which raw materials are transformed into physical and tangible goods which can be quantified.  

These finished goods can be used as intermediate goods in the process of production of final goods or they can be directly consumed by the consumers as final goods.  

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The operating revenues of the three largest business segments for Time Warner, Inc., for a recent year follow. Each segment incl
Kisachek [45]

Answer:

Time Warner, Inc.

a.

                                     Turner      Home Box Office  Warner Bros.   Total

Segment Revenues

(in millions)                  $21,700            $22,200         $80,600      $124,500

Variable costs                 4,774                10,434           25,792           41,000

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Contribution ratio     78% (100 - 22)    53% (100 -47) 68% (100 -32)   67%

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Explanation:

a) Data and Calculations:

Segment Revenues

(in millions)

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b) The contribution margin ratio for the three segments can easily be determined by subtracting the variable costs percentages from 100 for each segment instead of doing more computations (Contribution margin/Sales Revenue * 100).  But the results are the same for either method.

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