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:
Sensitivity guidelines
Explanation:
Businesses choose to operate in different countries for different reasons which could include; closeness to raw materials or availability of labor force.
<em>A business leader should be aware that different countries have unique ethical expectations of businesses and must therefore </em><em>pay close attention to each country's sensitivity guidelines.</em>
Answer:
d. $8,300.
Explanation:
Direct Materials
Beginning 8,200
Purchases *16,800
Requisitions 18,400
Ending 6,600
We solve for purchases:
6,600 + 18,400 - 8,200 = 16,800
WIP Inventory
Beginning 7,700
Materials 18,400
Labor 13,700
Overhead 8,200
Transferred Out <u> 39,700*</u>
Ending 8,300
The transferred-out from WIP inventory is the transferred-in for Finished Goods
Answer:
Licensing
Explanation:
Licensing can be defined as a business agreement in which a company gives permission to another company to produce it product by issuing a license in exchange for a fee called royalty.
The license is the legal agreement between the two firms.
The firm that issues the license to another firm is called the LICENSOR
The firm that receives the license is called the LICENSEE.
Nintendo company is the licensor who gives permission/license to the game-design firms to manufacture it product.
The game-design firms is the licensee who receives the license/permission to produce another firm's product.
The game-design firms pay royalty to Nintendo company for giving it a license.
Answer:
Please find the income statement below;
Explanation:
<u>Single step Income statement</u>
Revenues
Net sales 2,419,200
Interest revenue 39,300
<em>Total revenues 2,458,500</em>
Expenses
Cost of goods sold 1,464,600
Admin. expenses 216,400
Selling expenses 294,800
Interest expense 46,000
<em>Total expenses 2,021,800</em>
<em><u>Net Income </u></em><em> </em><u><em>436,700</em></u>
