Answer:
Check the explanation
Explanation:
Labor Input is an indicator the pointer characterizing the labor expressed expenditure in man-hours on a production of a particular consumer value or on a technical operation.
Total product is the total amount of output that a firm produces; it is usually stipulated in relation to a variable input.
Marginal Product is the physical efficiency or productive ability of an input in the change in output which results from employing one more unit of a particular input, presumptuous that the amounts of other inputs are kept constant.
Average Product is the amount of the overall output that was being produced per unit of a variable input, holding all other inputs at a constant rate.
The graphical solution to the question above can be seen in the attached image below.
Answer:
$241,500
Explanation:
Calculation for What amount should Sunland report as its December 31 inventory
December 31 inventory per physical count $190,500
Add Goods-in-transit purchased FOB shipping point $29,000
Add Goods-in-transit sold FOB destination $22,000
December 31 Inventory $241,500
($190,500 + $29,000 + $22,000 = $241,500)
Therefore What amount should Sunland report as its December 31 inventory is $241,500
Answer:
D) All of these
Explanation:
World class performance measures can be used in different functional areas, for example International Organization for Standardization (ISO) norms apply to all the functional areas of a company:
- ISO 9000 - Quality Management
- ISO 27000 - Information Security Management Systems
- ISO 14000 – Environmental Management
- ISO 31000 - Risk Management
-
ISO 50001 - Energy Management
- ISO 26000 - Social Responsibility
- ISO 28000: 2007 – Specifications for Security Management Systems for the Supply Chain
-
ISO 37001: 2016 Anti-Bribery Management Systems
- ISO 45001 – Occupational Health and Safety
- ISO 22000 – Food Management Systems
Other types of world class performance measures that are not as established and recognized as ISO norms, but are gaining momentum in modern management like World Class Manufacturing (WCM) framework focus on four main areas:
- Manufacturing competitive products: measure quality performance
- Manufacturing product mix and volume: measure cost performance
- Short lead-times and make-to-order: measure delivery performance
- New product introductions: measure flexibility performance
Answer:
$746.90
Explanation:
The old monthly payment can be derived from the information given in the scenario:
It says that ''at the end of 1 year he owes the bank $70,000'' and we are also told that ''he paid $10.67 monthly per thousand on his original loan.''
Logically then, the old monthly payment = $10.67 per $1,000 into $70,000
Old monthly payment = ($70,000 / $1,000) x $10.67
which is 70 x $10.67 = $746.90
Answer:
$17,000
Explanation:
Units sold = 3,000 units
Expected warranty = 3,000 * $8 = $24,000
Actual warranty costs = $7,000
Estimated warranty liability = $24,000 - $7,000 = $17,000
Therefore, Petal should report $17,000 as estimated warranty liability at June 30, Year 9.
