Answer:
d. Decrease by 0.045 minutes
Explanation:
<u>First Case</u>
Time per unit for 250 batch size = (30 / 250) + 5 minutes
Time per unit for 250 batch size = 5.12 minutes
<u>Second case</u>
Time per unit for 250 batch size = (30 / 400) + 5 minutes
Time per unit for 250 batch size = 5.075 minutes
The decrease in manufacturing time = Old-time - New time = 5.12 - 5.075 = 0.045 minutes
. So, it Decrease by 0.045 minutes
Answer:
The correct answer is D. code of ethics.
Explanation:
A code of ethics serves to regulate the actions of a professional, to protect organizations and their members; In this way, the behavior standards of people within a company or organization are established. In this case, the domicile company requires a code of ethics so that the personnel do not disclose company information, honestly carry out the work, take responsibility for the obligations assigned to them during their professional activity.
Answer:
The amount to be reported as net amount of revenue in the current year from the pledge drive is $870,000 option B
Explanation:
The net amount amount of revenue the society should recognize in the current year from this pledge drive is the actual collected plus the remainder of the pledge which is $300,000 minus the provision for uncollectible pledge i.e 10%*$300,000
The net amount of revenue=$600,000+$300,000-(10%*$300,000)=$870,000
The correct option is B,net amount of revenue of $870,000 recognized
Answer:
By setting the price of goods and services at a level where the suppliers and consumers feel comfortable, the quantity of goods and services supplied will be the same as the quantity of goods demanded.
Explanation:
A price system is a means of arranging economic activities by setting the standard prices of goods and services in that particular economy. In this way the agents of demand and supply can have an estimate of the price of various goods and services. In this way, a supplier who doesn't know the price of a goods or service that he/she plans to sell to a different country or region can use the price system to adjust their selling price effectively. On the same note, the consumers can also acquire goods and services that they have never demanded before by using the price system to determine the standard prices for those goods or services.
Prices are a reflection of the consensus between suppliers and consumers about the value of goods and services. The equilibrium price can be defined as the price where the quantity of goods supplied equals the quantity demanded. By setting the price of goods and services at a level where the suppliers and consumers feel comfortable, the quantity of goods and services supplied will be the same as the quantity of goods demanded.
The first blank should be filled with production cost, while the second blank should be filled with, downwards.
<h3>Supply Curve Dynamics</h3>
By convention, price is a function of demand and supply.
However, in case scenarios, when suppliers of inputs increase input prices, the manufacturer's production cost is increased and this in turn shifts the supply curve downwards.
Read more on supply curves;
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