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suter [353]
2 years ago
14

Buying goods or services instead of producing or providing them in-house is called:

Business
1 answer:
svetoff [14.1K]2 years ago
3 0
The Correct answer is B
You might be interested in
EA11.
Vedmedyk [2.9K]

Answer:

$1,700

Explanation:

Given that,

Purchase of raw materials inventory  = $1,000

Assignment of raw materials inventory to Job 5  = $500

Payroll for 20 hours with $1,000 assigned to Job 5

Factory utility bills = $750

Overhead applied at the rate = $10 per hour

Cost assigned to Job 5 at the end of the week:

= Raw materials inventory to Job 5 + Labor cost + Manufacturing Overhead applied

= $500 + $1,000 + ($10 per hour × 20 hours)

= $500 + $1,000 + $200

= $1,700

3 0
2 years ago
A consumer would pay an extra if they used the rent to own program to buy the computer, rather than using cash. For all of the i
Vlada [557]

Answer: If you want to purchase any kind of goods and services like furniture, appliances, electronic gadgets, and other such items but you do not have enough money or cash or credit to purchase it, then the rent to own becomes your lender of last resort.

They are the business where they collect weekly or monthly payments of the product and until the cost of the item is not covered and then the items come in the buyer’s possession after the payment is made in full.

7 0
2 years ago
Read 2 more answers
American Chemical Company manufactures a chemical compound that is sold for $57 per gallon. A new variant of the chemical has be
Yakvenalex [24]

Answer:

Effect on income= $32,400 increase

Explanation:

Giving the following information:

Difference in selling price= 81 - 57= $24

Number of units= 8,100

Increase in costs= $162,000

<u>To calculate the effect on income, we need to use the following formula:</u>

Effect on income= Increase in revenue - increase in costs

Effect on income= 24*8,100 - 162,000

Effect on income= $32,400 increase

6 0
1 year ago
Kristy Martin is getting married on Saturday. She purchases flowers for the church ceremony early Saturday morning from a local
AVprozaik [17]

Answer:

E. Ownership

Explanation:

As we know that

The utility refers to the satisfaction level of the consumer while consuming the goods

In addition, The utility are of four types i.e form, place, possession, and the place

So according to the options given in the question, the last option is correct i.e ownership

Hence, the first four options are wrong.

6 0
2 years ago
During a management meeting, Lester, the CEO of Elite Office Equipment, reminded his management team of where the company wants
REY [17]

Answer: Vision statement

Explanation:

Vision statement is referred to as or known as an organization's road map, which tends to indicate what the organization believes to become and achieve by putting forth a well defined direction and route for the organization's growth. These statements usually undergo the minimal revisions throughout the lifetime of an organization, unlike the operational goals that might be revised on yearly basis.

7 0
2 years ago
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