Answer:
57,500
Explanation:
Total required units:
= Expected unit sales + Desired ending finished goods unit
= 50,000 + (25% × 80,000)
= 50,000 + 20,000
= 70,000
Budgeted production for August would be:
= Total required units - Beginning finished goods unit
= 70,000 - (25% × 50,000)
= 70,000 - 12,500
= 57,500
Therefore, the budgeted production for August would be 57,500.
Interactive media would be the best option, as customers could piece together their ideal vehicle right on screen.
Answer:
<em>A. Cycle inventory exists to avoid customer service problems.</em>
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Explanation:
Cycle inventory is the part of inventory kept by a supplier, that shows the amount of inventory available to satisfy demand. Cycle inventory allows the supplier to keep track of his available inventory so as to remove the problem of not meeting customers demand, which can led to loss of customers. And also to reduce the problem of over-storage that can lead to additional holding charge.
Answer:
The minimum price will be $[($300/50) + x] per bottle or $(6 + x) per bottle with x is the total variable cost plus avoidable fixed costs ( fixed costs besides special labeling and delivery which will not incur if these special wine bottles not produced) it takes Pedro to produce one bottle of special wine for Lori.
Explanation:
To not lose money in this case, Pedro has to charge a minimum price per bottle that equals to the sum of: 1. fixed cost incurred in special labeling and delivery process allocated to one bottle ( as stated in the Answer is $300/50 = $6), 2. other avoidable fixed costs ( fixed costs which will not incur if these 50 special wine bottles not produced) allocated to one bottle of special wines besides the fixed cost stated in (1), 3. variable costs incurred to the production of one bottle of special wine.
Answer:
A) For which event was the labor productivity higher?
Productivity is defined as the capacity to produce with a set amount of inputs, these inputs being workers and capital. A higher productivity occurs when more output is produced with the same or less amount of inputs.
Labor productivity was higher for the the anniversary celebration last week because with 7 workers, the catering company managed to serve 250 meals. Meanwhile, the week before, with 1 more worker (8 in total), the company only served 200 meals.
B) What are some possible reasons for the productivity differences?
The reasons can be very varied. One common reason though is the law of diminishing marginal product. This economic law establishes that there is an optimal amount of workers to employ in an economic activity, and any amount above or below will be less productive.
In this case, the optimal amount may have been 7 workers, and adding the 8 worker could have created a productivity loss represented by the lesser production.
