Answer:
A firm must be effectively organized to capture value. A firm has to ensure it has a properly ongoing work system where everything balances. Proper marketing and advert, viability in product quality, organized administrative and technical structuring, analysis on probable customer base etc., these and many more factors have to be critically looked into and worked on to gain competitive advantage. What is the competition doing right that we are missing? who are our competition? Why are they the peoples favorite? How can we become the peoples favorite? Questions of these sort if worked on and implemented, will facilitate effective organizational growth.
Answer:
A.Pattern Department 57 per DLH
Cut and Sew Department 78 per DLH
B.Small glove 8.52
Medium glove 10.65
Large glove 12.78
Explanation:
a) Calculation to Determine the two production department factory overhead rates.
Pattern Department = 165,200/2,900
= 56.9 Approximately 57 per DLH
Cut and Sew Department = 273,000/3,500
= 78 per DLH
Therefore two production department factory overhead rates will be :
Pattern Department 57 per DLH
Cut and Sew Department 78 per DLH
b) Calculation of the factory overhead cost per unit
Small glove (57*.04+78*.08)=8.52
Medium glove (57*.05+78*.10)=10.65
Large glove (57*.06+78*.12)=12.78
Therefore the factory overhead per unit for each product will be: Small glove 8.52
Medium glove 10.65
Large glove 12.78
Answer:
Sam can easily determine that the Panaview model has a lower price than the Zony model. ⇒ UNIT OF ACCOUNT
Sam saved $30 per week. ⇒ STORE OF VALUE
Sam pays $140 for the Blu-Ray player. ⇒ MEDIUM OF EXCHANGE
Explanation:
The four main functions of money are:
- it serves as a unit of account: it provides a common measure of the value of goods and services being exchanged.
- it serves as a store of value: money holds its value over time, so it serves as a store of value.
- it serves as a medium of exchange: you can use money to purchase goods and services
- it serves as a standard of deferred payment: money serves as a way of valuing a debt, so you can acquire goods now and pay for them later.
Answer:
The delivery cycle time was 26.9
Explanation:
The delivery cycle time is computed as:
Delivery cycle time = Wait time + Throughput time
where
Wait time is 13.6
The formula for computing the throughput time is as:
Throughput time = Move time + Process time + Queue time + Inspection time
where
Move time is 3.3
Process time is 2.7
Queue time is 7.0
Inspection time is 0.3
Putting values above:
Throughput time = 3.3 + 2.7 + 7.0 + 0.3
Throughput time = 13.3
Now, putting both the values above:
Delivery cycle time = 13.6 + 13.3
Delivery cycle time = 26.9
Answer:
land
Explanation:
why because buying a capital we'll be to much
