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Elina [12.6K]
1 year ago
5

In August, one of the processing departments at Knepp Corporation had beginning work in process inventory of $17,000 and ending

work in process inventory of $13,000. During the month, $178,000 of costs were added to production.In the department's cost reconciliation report for August, the cost of units transferred out of the department would be:
Business
1 answer:
bonufazy [111]1 year ago
4 0
I did that but i don’t remember
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At an activity level of 8700 machine-hours in a month, Falks Corporation's total variable production engineering cost is $728,19
Jobisdone [24]

Answer:

$109.80 per unit

Explanation:

For we to be able to calculate the or solve the problem, we are to use the following method

Firstly

Variable cost per unit = $728,190 ÷ 8,700 units

Variable cost per unit = $83.70 per unit

Secondly

Fixed cost per unit at 8,900 units = $232,290 ÷ 8,900 units

Fixed cost per unit = $26.10 per unit

Lastly

Total cost = Variable cost + Fixed cost

Which we have as;

Total cost = $83.70 per unit + $26.10 per unit

Total cost = $109.80 per unit

5 0
2 years ago
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During a recession, median income falls by 15%. if the demand for grapes falls by 12%, grapes are a(n) _____ good with an income
IgorLugansk [536]
<span>Grapes are a(n) "normal good" with an income elasticity of demand of "0.8". A normal good is a good for which an increase in income results in increased demand, while decreased income results in decreased demand. Thus, we know that the first blank is "normal good" by the definition of a normal good becuase median income fell and demand for grapes fell. The X elasticity of demand is given by (%change in Demand)/(%change in X), where x is any economic variable (income in this case). Thus, to find the elasticity, we divide 12% by 15%. 12%/15%=.08.</span>
7 0
2 years ago
When a firm enjoys a competitive advantage, it attracts a significant amount of attention and its products or services can be at
svetoff [14.1K]

Answer: Direct imitation or Substitution

Explanation: When a  Firm enjoys competitive advantage it attracts significant attention from its competitors. the competitors attempt to take over this resource advantage in order to negate the firms resource advantage. This can be done in two ways, either by imitating the resource in which the firm has a competitive advantage ( <u><em>direct imitation)</em></u> or by substituting the firms product by providing a similar product or service referred to as <em><u>substitution</u></em>.

5 0
2 years ago
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What information appears on a designer worksheet? A. designer portfolio, previous work, and sample designs B. details of the com
s2008m [1.1K]

Answer:

The correct answer is A

Explanation:

Designer worksheet is the one such document which states the work or the potential in the designer or the person. It is that document which contains or comprise of the portfolio of the designer, having or shown the previous work which is done by the designer or the person in his or her last company and the few or some of the sample designs which provide an idea to other person regarding the potential or taste of the designer.

7 0
2 years ago
The phenomenon that magnifies the variability in order quantities for goods as orders move through the supply chain from the cus
AleksandrR [38]

Answer:

The answer is letter A, True.

Explanation:

In order to understand the answer better, let's get to know what a bullwhip effect is in a supply chain.

Supply Chain- this is defined as a network of all the individuals, organizations,resources, technology and activities involved in the creation and sale of a product. This starts from the delivery of the source materials from the supplier to the manufacturer up to the delivery to the end user.

Bullwhip effect- <em>this is considered to be a phenomenon of variability magnification. </em>The view moves from the customer to the producer of the supply chain. Thus, the answer is letter A.

<u>Additional Information</u>

The bullwhip effect occurs when the <em>changes in consumer demands cause the companies to order more goods to meet the new demand.</em> This affects the expectations around it, causing a domino effect along the supply chain.

This effect can be prevented by having a clear communication between suppliers and customers. This will allow suppliers to prevent the occurrence of increase cost that will affect the overall supply chain.

3 0
2 years ago
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