Answer: $13,580
Explanation:
The ending balance of the Work in Process:
= beginning Work in Process inventory + direct materials + direct labor + factory overhead - transferred out of the department
= $11,300 + $77,300 + $25,300 + $15,180 - $115,500
= $13,580
Therefore, the ending balance of the Work in Process Inventory account for the Fabricating Department is $13,580.
Keynesian economists believe: <span>government can implement policy proposals that can positively impact the economy
Keynesian economist generally believed that the Economic situation in a country is a direct result from both private and public sector activities simultaneously, so both positive and negative things could derive from both sectors</span>
Answer:
c) Hotel rates for AAA members are lower than for nonmembers.
Explanation:
In business, the term price discrimination refers to the strategy by which the seller charges a different price for the SAME product because the seller knows that the client will pay that price. The key word of this definition is that the seller is offering the <u>same</u> service/product but at different costs
If we take a look at our options we can see that a) offers a different service (one is overnight shipping and the other is standard), b) also offers a different product (first-class seats vs. coach), finally, c) offers the same product (the same hotel rooms) but non members pay more for the rooms than AAA members.
Thus, the correct answer is c) Hotel rates for AAA members are lower than for nonmembers.
Answer:manufacturing cycle efficiency (MCE)= 0.40
Explanation:
Solution to solve for the manufacturing cycle efficiency (MCE)
Manufacturing Cycle Efficiency (MCE) is solved using the following
Throughput time = Process time + Inspection time + Move time + Queue time
= 6 Days + 0.6 Days + 0.4 Days + 8 Days
= 15 Days
Therefore, the Manufacturing cycle efficiency (MCE) = Process time / Throughput time
= 6 Days / 15 Days
= 0.40
Therefore, the Manufacturing Cycle Efficiency (MCE) will be <u>0.40</u>