A code of conduct is a set of guidelines for helping a firm make ethical decisions. It <span>states the principles and expectations governing the behavior of individuals and organizations in the conduct of internal auditing. Hope this answers the question.</span>
Answer:
Offering products that most customers would find exciting and would want to try
Explanation:
Gaining a competitive advantage is key to the survival of a manufacturer in a competitive market , In order to achieve this , a manufacturer has to come up with strategies to beat the competing producers in the market.
If Theo Chocolate can offer products that most customers would find exciting compared to the existing conventional products in the market , this will attract customers as they like out trying new products and stick to it as long as the quality remains good. However , Theo will need to constantly improve on this maintain market dominance.
Answer:
His maximum inventory level would be 180 units
Explanation:
According to the given data we have the following:
daily demand rate , d=1,600/200=8 units;
daily production rate p=80 units;
C0=25 dollar
Cc=2 dollar
Therefore, Qopt=√2*25*1,600/(2(1-8/80))
Qopt=210.82
But here Rolf decide to produce 200 units each time he started production, hence fix Q=200
Therefore, Maximum inventory level=200*(1-8/80)=200*0.9
Maximum inventory level=180 units
His maximum inventory level would be 180 units
Answer: $0 equipment, $20,000 land, $30,000 inventory, $90,000 partnership interest.
Explanation: The asset basis in the partnership between Xena and Xavier is the same same their basis. In the scenario above, Xena's basis is the same as Xena's partnership basis in asset.
Xena's asset basis include;
Cash = $20,000
Land basis = $40,000
Inventory basis = $30,000
Equipment basis = $0
Therefore Xena's basis in the partnership interest :
$(20,000 + 40,000 + 30,000 + 0) = $90,000
Answer:
$11.2 per unit
Explanation:
The computation of the variable cost per unit is shown below:
= Variable direct materials cost per unit + Variable direct labor cost per unit + Variable factory overhead cost per unit + Variable selling and administrative cost per unit
= $4.34 per unit + $5.18 per unit + $0.98 per unit + $0.70 per unit
= $11.2 per unit
We simply added the entire variable cost per unit so that the accuracy per unit could be reached