Answer:
manufacturing organization
Explanation:
This is an example of a manufacturing organization. This is an organization that focuses on gathering all of the necessary ingredients, which are then placed in a specific process to which combines them to make a unique product. This product is then sold to other companies or individual customers to generate profit for the company. This is exactly what Black Diamond does in order to produce outdoor equipment.
Answer:
B. Herbania is technologically superior to Duckistan in producing civilian goods.
Explanation:
Duckistan Production Possibilities
A B C D E
Civilian Goods 20 18 14 8 0
Military Goods 0 1 2 3 4
opportunity cost - ¹/₁₈ ¹/₇ ³/₈ 4 civilian goods
opportunity cost 20 18 7 2.7 - military goods
Herbania Production Possibilities
A B C D E
Civilian Goods 40 36 26 14 0
Military Goods 0 1 2 3 4
opportunity cost - ¹/₃₆ ¹/₁₃ ³/₁₄ 4 civilian goods
opportunity cost 40 36 13 4.7 - military goods
Herbania has an absolute advantage in the production of civilian goods. Since it also has a lower opportunity cost of producing civilian goods, therefore, it also has a comparative advantage at producing civilian goods. Assuming that resources are equal in both countries, then we can assume that Herbania is technologically superior in the production of civilian goods.
Dukistan has a lower opportunity cost of producing military goods, therefore, it has a comparative advantage at producing military goods.
Answer:
$1.2 per mile
Explanation:
Computation of the variable cost per mile using the high-low method
Using this formula
Variable cost per mile = (Highest activity cost - Lowest activity cost)/(Highest activity - Lowest activity)
Let plug in the
Variable cost per mile= (14,721 - 13,503)/(8,510 - 7,495)
Variable cost per mile= 1,218/1,015
Variable cost per mile=$1.2 per mile
Therefore the Variable cost per mile will be $1.2 per mile.
Answer:
The correct answer is Stay on topic with relevant examples of actions and results.
Explanation:
If you are in the hard work of looking for a job, you have to know that recruiters will ask you a series of questions in a job interview. With them, they will seek to cover the basic aspects of your professional profile, this before having a more detailed conversation. Recruiters often have a battery of questions they ask to have a first approach, if you answer correctly, fluently, attractively, seriously and with clear examples, they will probably take you to the next stage of the process. These are the nine questions in a job interview that you must master, as well as an answer guide for you to be as well prepared as possible and succeed.
Answer:
d. Under the LIFO retail method, a new layer would be added.
Explanation:
The retail method is used to estimate ending inventory/cost of goods sold and is widely used for financial reporting purposes, especially for quarterly financial statements. Retail methods are usually used with the weighted average cost flow assumption, FIFO or LIFO.
Now when the inventory increases under the retail method, LIFO retail method is the best to use because it gives you the highest cost of goods sold and the lowest taxable income. LIFO layer refers to a tranche of cost in an inventory costing system that follows the last-in, first-out (LIFO) cost flow assumption. Therefore when inventory increases under the LIFO retail method, a new layer would be added.
