An assembly line is an example of mass production
Answer:
The aggregate investment of the project is $1,000,000
Explanation:
Total or the aggregate investment is the term which is described as the amount of money which a person or a company needed or required to complete the task, work or the project.
In this situation, the project needed a purchase of equipment which is worth $1,000,000 due to which there is increase in inventory as well as increase in accounts payable. Therefore, the total investment amounts to $1,000,000.As the equipment is the necessary item in order to complete the project and due to which the inventory rise and also the equipment is purchased on credit because of which the accounts payable also increase.
Answer:
Variable cost per unit= $6.5 per unit
Fixed costs= $3,750
Explanation:
Giving the following information:
Month - Number of Appointments - Total Cost
January: 375 $5,050
February: 350 $5,500
March: 200 $5,200
April: 500 $7,000
May: 400 $5,650
June: 300 $5,200
To calculate the variable and fixed costs, we need to use the following formulas:
Variable cost per unit= (Highest activity cost - Lowest activity cost)/ (Highest activity units - Lowest activity units)
Variable cost per unit= (7,000 - 5,050) / (500 - 200)= $6.5 per unit
Fixed costs= Highest activity cost - (Variable cost per unit * HAU)
Fixed costs= 7,000 - (6.5*500)= $3,750
Fixed costs= LAC - (Variable cost per unit* LAU)
Fixed costs= 5,050 - (6.5*200)= $3,750
Answer:
Examine the company's partner relationship management.
Explanation:
A company's value chain is only as strong as its weakest link.
Therefore, the company should examine the company's partner relationship management to properly gauge the strength of its links and continually improve as partner relationship management systems track inventory, discounting, pricing and business operations