Answer:
$555,750
Explanation:
First we need to calculate the units produced in the month of August.
We know that the opening inventory of finished goods is equal to 40% of that month's sale.
- The Opening inventory of August will be: 11100 * 0.4 = 4440
- Units produced in august relating to August sales will be 11100 - 4440 = 6660
- Units produced in August relating to September's sales will be 12600 * 0.4 = 5040
- Total units produced in August = 6660 + 5040 = 11700 units
- labour hours required for August = 11700 * 2.5 = 29250 direct labor hours
- So, Direct labor Cost = 29250 * 19 = 555750
An investigator conducting a study of a medical device under an ide is required to complete and sign an investigator's agreement. It is a statement of the investigator's commitment to conduct the investigation in accordance with the agreement, the investigational plan, the IDE and other applicable FDA regulations, etc.,
it also supervise all testing of the device involving human subjects, and
ensure that the requirements for obtaining informed consent are met.
Answer: $50,301
Explanation:
If they offered the new terms of 2/10, net 30 then 45 percent of their customers would pay on day 10 with the remainder paying on average in 32 days.
The collection period would therefore be;
= 0.45 * 10 + 0.55 * 32
= 22.1 days
Currently the Average Daily sales are;
= Average Receivables/ Average collection period
= 211,410/29
= $7,290
With the new collection period their Average receivables would be;
= 7,290 * 22.1
= $161,109
Potential cash to be freed up = Current Receivables - New receivables
= 211,410 - 161,109
= $50,301
Answer:
The answer is: B) concentrated/niche marketing
Explanation:
Niche (or concentrated) marketing concentrates all of its actions and promotions on small but very specific and well defined segments of the population. A niche marketing strategy focuses on becoming a big fish on a small pond, and usually charging a higher price for the niche product. The specific needs and requirements of those "niche customers" are usually not well addressed by mass marketing actions.
