Answer:
Your professor hands you a piece of paper with the number 75 on it and tells you this is your current average in the class. Since this is your fourth year as a college student, you know you could work hard to bring that average up to a B by the end of the semester. This is data.
D. data
Explanation:
To understand what data is, consider the explanation below;
1. Data: data is a piece of raw information that can be converted to useful information. They are facts and statistics usually derived from observations and study that once processed and analysed, useful information can be extracted from it. Data can be analysed in different ways depending on the expected results. In the modern age, data is very important since they provided a factual basis for theories. Data can be processed manually or through the use of software applications.
An example of data is the score that the professor gave you which is 75, this score implies a specific grade ranking. This data was useful to you, since you analysed it and came to the conclusion that by working hard you can average this score up to a B by the end of the semester. The process through which you took the data which is 75, analysed it by comparing it to the grading system and coming to a conclusion is an example of data processing.
Answer:
Consider the following explanation.
Explanation:
Marginal product MP is the increase in production of good because of unit increase in labor. Value of marginal product VMP is the increase in value of production of goods because of unit increase in labor.
The minimum wage is a regulation where the person who hired the labor needs to pay minimum wage and cannot pay below that. Here, the minimum wage is below the competitive market rate so it will not make any difference because the workers are already getting $7 as wage which is more than the minimum wage which is $6.
Answer:
After taking a Marketing Course, I should be armed with the following promotional skills:
- Innovation Skills: It is expected that a marketing professional should be able to think differently, energise creativity in the business and craft maverick ways of gaining the attention of the market and transform that attention to patronage.
- Market Development Skills: One is also expected to gain the ability to identify and articulate latent customer needs (even before the customers become aware of them), spot socioeconomic trends as well as technological developments which create opportunities for the company as well as for the customer.
- Pricing Technology: Pricing is an art and a science. It involves accounting, economics and psychology. Marketing deals with the economics and psychology bit of it. Armed with this information, one is able to get into the mind of the individual buyers and them to firm up their buying decision.
Cheers!
Answer:
$1,476,000
Explanation:
According to the scenario, computation of the given data are as follows:-
Statement of The Cash Flow 31 December,2022
Particular Amount Total Amount
Net Income $1,200,000
Depreciation $192,000
Accounts receivable Decrease $420,000
Accounts payable Decrease ($336,000)
$276,000
Net cash provided by operating activities $1,476,000
Answer:
transferred out (COGM) 131,000
Cost of goods sold: 129,000
Explanation:
DM used 46,500
Direct labor 27,500
Overhead <u> 55,000 </u>
Total: 129,000 cost added for the period
Then, we calcualte the amount transferred-out:
Beginning WIP 14,000
Cost added 129,000
Ending WIP (12,000)
Trasferred out: 131,000 (cost of goods manufactured)
And finally, the cost of goods sold for the year:
Beginning FG 16,000
Trasferred out 131,000
Ending FG (18,000)
COGS: 129,000
