Answer:
B. Raw Materials
Explanation:
Raw materials are the basic components of manufacturing and production process in a goods manufacturing entity. Raw Materials are used in the production of a finished products (such as Crude
Oil is a raw material for Petrol, Milk is a raw material for Yogurt, Yarn is a raw material for Garment whereas Petrol, Yogurt and Garment are the finished products).
Keeping in view the above discussion, the leather purchased by the Tamara, to be used on some of the furniture to be manufactured by the Everything New, shall be classified as Raw Materials.
Answer is B. Raw Materials
The answer is true but other factor may come into play such as the cost and reliability of the supplier so these should be taken into account when choosing a supplier
<span>There could have been poor coordination across functional areas,
confusion and frustration from having two bosses,
lack of flexibility in response to environmental changes, and a need for many meetings to resolve conflicts.</span>
Answer:
Actual Direct material cost = $81,500
Actual Direct labor cost = $187,500
Actual manufacturing overhead = $272,000
Explanation: kindly see attached picture for detailed explanation.
Variances ; Standard Cost Unfavorable Favorable Direct materials $ 80,000 Price variance $ 4,500 Quantity variance $ 3,000 Direct labor 184,000 Rate variance 2,700 Efficiency variance 6,200 Manufacturing overhead 271,000 Spending variance 4,000 Volume variance 5,000 Determine the actual costs incurred during the month of May for direct materials, direct labor, and manufacturing overhead.
Answer:
Yes, the firm Commodities Exchange Corporation is liable to E-products Inc. as it has entered into a contract with Brenda who had written authority to buy on behalf of the firm.
Explanation:
Indeed, the risk of Commodities stretches out to E-Products. This is mostly a direct result of the risk of the chief is towards the operator for the agreement the specialist is the gathering in the interest of the head. Aside from this, there is an express power having a place with Brenda as she was given the approval from the head. Because of express, an evident position E-Products got the affirmation that Commodities is being spoken to by Brenda.
There is no close to home risk of Brenda to pay for the different fringe gadgets to the E-Products. Because of evident position, it was a reality clear to E-Products that Brenda is just going about as an operator for Commodities. As these items were purchased for the utilization of the head as opposed to the individual utilization of Brenda in this way she doesn't have any obligation.
