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3 years ago

Explain the technique of making bamboo based handicrafts with an example.

Business

1 answer:

Gala2k [10]3 years ago

6 0

Answer:

Bamboo can be processed into thin strips or sheet materials for bamboo plaiting , commonly known as bamboo strips. The processing procedures of bamboo strips include selecting materials , sawing bamboo, pruning, scraping, dividing, splitting, setting the width, thinning and chamfering.

Explanation:

Example: •Bamboo furniture

•Bamboo toys

•Bamboo wind chimes

•Bamboo lamps and lanterns

•Bamboo placements and coasters

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Process Costing using the Weighted-Average Method

Finger [1]

Answer:

First we find the equivalent units. Then Cost Per Equivalent Units. We apply these costs to the units to find the total cost. Then we compare the given costs with the found costs to see the difference.

Explanation:

Equivalent Units

Particulars Units % of Completion Equivalent Units

Materials Conversion Materials Conversion

Units transfered 6050 100 1000 6050 6050

Ending WIP 450 40 30 180 135

Equivalent Units 6230 6185

Units Completed And Transferred

Particulars Units

Beginning WIP 300

Units started in production 6200

Total Units Available 6500

Less Ending WIP 450

Units Completed and Transferred 6050

Cost Per Equivalent Unit

Particulars Materials Conversion

Beginning WIP $10,500 $6,750

Costs added 332,150 407,645

Total Costs 342,650 414,395

Equivalent Units 6230 6185

Cost Per Equivalent Unit 342,650 / 6230 414,395/ 6185

=$ 55 =$ 67

Costs Assigned

Ending WIP $ 18945

Materials ( 180 * 55) = $ 9900

Conversion ( 135 * 67) = $ 9045

Units Completed And Transferred Out : $ 738100

Materials ( 6050 *55) = $ 332750

Conversion ( 6050 * 67) = $ 405350

Cost Reconciliation

Cost to be accounted for

Beginning WIP ( $10,500 + $6,750 )= $ 17250

Cost added ( 332,150+ 407,645)= $ 739795

Total Costs $ 757045

Ending WIP $ 18945

Units Completed And Transferred Out : $ 738100

Total Costs $ 757045

Which is the same.

6 0

4 years ago

Which of the following equations describes customer value?

Vlad1618 [11]

Answer:

A. Customer value = customer benefits - customer cost

Explanation:

The customer value is the worth of a product or a service as compared to other alternatives in the standpoint of a customer.

It is basically like the worth of obtaining a product or a service is to a customer. Customer value can be considered how a customer benefits from the product minus the cost of obtaining the product.

Benefits and cost does not always have to be in the form of cash. A benefit can be in the form of quality, value, experience and cost can be in terms of time, effort, or energy.

4 0

4 years ago

Revenues and intangible benefits such as referrals and feedback a consumer brings to the seller over an average period of their

Stella [2.4K]

Answer:

c. lifetime value of a customer

Explanation:

Based on the information provided within the question the term being described is called the lifetime value of a customer. Like mentioned in the question this term refers to a measurement used in business statistics in order to calculate the total revenue that a single customer account can bring to the business. Since they calculate profit, the company deducts what they are spending in order to acquire, market to, and service the customer from the benefits brought by the customer to the business.

5 0

3 years ago

The following information describes production activities of Mercer Manufacturing for the year. Actual direct materials used 24,

UNO [17]

Answer:

(1)

Compute the direct materials price and quantity variances. (Round your answers to 2 decimal places.)

save image

Explanation:

(1)

Standard quantity 30,060 units × 1/2 pound per unit = 15,030 pounds

(2)

Standard hours 30,060 units × 1/6 hour per unit = 5,010 hours

Actual rate per hour = $106,656/5,555 hours = $19.20

Explanation:

7 0

4 years ago

A pension fund manager is considering three mutual funds. The first is a stock fund, the second is a long-term government and co

babunello [35]

Based on the probability distributions of the funds and the correlation, the following is true:

Investment proportions would be 33% Equity and 67% debt.
Standard deviation would be 21.16%.

<h3>What would be the Investment proportions?</h3>

The expected return can be found as:

= (Return on stock x Weight of stock) + (Return on debt x Weight of debt)

As we already have the return as 12%, we can solve the formula for weights :

12% = (16% x Weight of equity ) + (10% x Weight of debt)

12% = (16% x W of equity ) + (10% x (1 - W of equity))

12% = 0.16W + 10% - 0.1W

2% = 0.06W

W = 2% / 0.06

= 33%

Equity is 33% so Debt is 67%.

<h3>What would be the standard deviation?</h3>

= √(Weight of stock ² x Standard deviation of stock ² + Weight of debt ² x Standard deviation of debt² + 2 x standard deviation of stock x standard deviation of debt x Correlation x weight of stock x weight of debt )

= √(33%² x 34% ² + 67%² x 25%² + 2 x 34% x 25% x 0.11 x 0.33 x 0.67)

= 21.16%

Find out more on portfolio standard deviation at brainly.com/question/20722208.

8 0

2 years ago

Explain the technique of making bamboo based handicrafts with an example.​

Explain the technique of making bamboo based handicrafts with an example.