BUSINESS COLLEGE

________ are industrial products that aid in the buyer's production or operations, including installations and accessory equipment.A) Unsought products
B) Convenience products
C) Capital items
D) Specialty items
E) Repair items

Answers

Answer 1
Answer:

Answer:

C) Capital items

Explanation:

Capital items are the goods that should have physical existence also it is to be used at the time of manufacturing the product and services. It involves various items like - building, equipment, tools, etc

These are not categorized into a finished goods but are used for making the finished goods

Therefore in the given situation, the option C is the most appropriate and hence the same is to be considered

Answer 2
Answer:

Final answer:

Capital items are industrial products that aid in the buyer's production or operations, including installations and accessory equipment.

Explanation:

The correct answer is C) Capital items. Capital items are industrial products that are used in the production or operations of a buyer's business. These can include installations and accessory equipment that aid in the overall functioning of the business.

For example, if a manufacturing company needs machinery to produce its products, that machinery would be considered a capital item. It is a long-term investment that is essential for the company's operations.

Other examples of capital items include vehicles, computer systems, and specialized tools or equipment.

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Xie Company identified the following activities, costs, and activity drivers for 2017 The company manufactures two types of go-karts Deluxe and Basic.Activity Expected Costs Expected Activityhandling materials $ 625,000 100,000 partsInspecting product 900,800 1,500 batchesProcessing purchase orders 105,000 700 ordersPaying suppliers 175,000 500 invoicesEnsuring the factory 300,000 40,000 square feetDesigning packaging 75,000 2 modelsRequired:1. Compute a single plantwide overhead rate, assuming that the company assigns overhead based on 125,000 budgeted direct labor hours2. In January 2017, the Deluxe model required 2,500 direct labor hours and the basic model required 6,000 direct labor hours. Assign overhead costs to each model using the single plantwide overhead rate.

Jolsan Technologies had received a contract to produce two units of a new cruise missile guidance control. The first unit took 5,000 hours to complete and cost $30,000 in materials and equipment usage. The second took 4,500 hours and cost $24,000 in materials and equipment usage. Labor cost is charged at $20 per hour. The prime contractor has now approached Jolsan Technologies and asked to submit a bid for the cost of producing another 20 guidance controls. Use Exhibit 6.4 and Exhibit 6.5. What will the last unit cost to build

Answers

Answer:

$73,600

Explanation:

A learning curve is a correlation between a learner's performance on a task and the number of attempts or time required to complete the task; this can be represented as a direct proportion on a graph

The last unit will be 22nd unit .

Using learning curve table ,

Time required to build 22nd unit = 3125.49 hours

labour cost to build 22nd unit (  $20 per hour ) = $20 x $3125.49

labour cost to build 22nd unit = $62509.80

Using learning curve table ,

material and equipment cost to build 22nd unit = $11090.67

Therefore,

total cost to build the last unit = Labour cost + Material and equipment cost  total cost to build the last unit = $62509.80 + $11090.67

total cost to build the last unit = $73600.47

Learning rate for labour hours ( L1) = Time for 2nd unit / Time for 1st unit

Learning rate for labour hours ( L1) = 4500/5000

Learning rate for labour hours ( L1) = 0.90

Learning rate for material and equipment usage

Learning rate for material and equipment usage  = Material and equipment cost for 2nd item / Material and equipment cost for 1st item

Learning rate for material and equipment usage  = 24000/30000

Learning rate for material and equipment usage  = 0.80 or 80 %  

Employees were striking at the local university last year. Very few students were crossing the picket line. In fact, the city's postal employees refused to deliver mail there claiming that they were honoring the strike for their fellow service union members. The postal employees were participating in a voluntary secondary boycott.a) true
b) false

Answers

True “the city’s postal employees refused to deliver mail there”

Your parents are giving you $190 a month for 4 years while you are in college. At an interest rate of .45 percent per month, what are these payments worth to you when you first start college?

Answers

Answer:

Amount = 2827.2 dollars

Explanation:

Given

principal amount per month = 190

Total time period = 4 years = 48 months

Monthly rate of interest = 0.45

As we know that

A = P * (1+ (r)/(n)) ^(nt)

Where A is the amount

P is the principal amount

r is the rate of interest

n is the number of times interest applied over the total time period

t is the total time period

Substituting the given values in above equation, we get -

A = (190 * 12) * ( 1 + 0 .0045)^(48)\nA = 2280 * 1.24\nA = 2827.2

Final answer:

The payments of $190 per month for 4 years that your parents are giving you at the start of college, assuming an interest rate of .45 percent per month, are worth $7484.86.

Explanation:

The subject of this question is about calculating the present value of an annuity. The formula to calculate the present value of an annuity is PV = PMT * [(1 - (1 + r)^-n) / r], where PV is the present value, PMT is the monthly payment, r is the monthly interest rate, and n is the number of periods. Here PMT = $190, r = .45/100 = .0045, and n = 4 * 12 = 48 months.

Substituting the values into the formula, we get PV = 190 * [(1 - (1 + .0045)^-48)/.0045]. Then, performing the calculations, we get the present value PV = $7,484.86. Therefore, the payments your parents are providing for the 4 years of college are worth $7484.86 when you first start college assuming an interest rate of .45 percent per month.

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Consider the pooling strategy Fg, Fb, where both types have fun. 1) If anticipating this strategy, what are the employer’s beliefs after the signal of F? That is, what is p(g|F)—you do not need to worry about their beliefs following education, since it is off-path. 2) What strategy should the employer choose in response to F? 3) Is Fg, Fb a best reply for both worker types if the employer plays this optimal strategy in response to F, and also hires following education (hE)? 4) What if the employer does not hire after education (∼hE)?

Answers

Answer:

If I am a employer of fb,my strategy will be that I will hire machine learning engineer to solve automation problem,I will give them skills if employer don't hire after education.  

Faux Trees Company produces artificial Christmas trees. A local shopping mall recently made a special order offer; the shopping mall would like to purchase 230 extra-large white trees. Faux Trees Company is currently producing and selling 20,000 trees; the company has the excess capacity to handle this special order. The shopping mall has offered to pay $160 for each tree. An accountant at Faux Trees Company provides an estimate of the unit product cost as follows This special order would require an investment of $5000 for the molds required for the extra-large trees. These molds would have no other purpose and would have no salvage value. The special order trees would also have an additional variable cost of $6.03 per unit associated with having a white tree. This special order would not have any effect on the company's other sales. If the special order is accepted, the company's operating income would increase (decrease) by

Answers

Answer:

operating income increase by 30,413 dollars

Explanation:

We will calculate the income as usuall revenues - expense

We aren't given with other manufacturing cost so we assume this are all the cost involved in the order:

Special Order Revenue: 230 trees at $160 each: 36,800

Special Order Cost:

mold cost:                                                 5,000

variable cost: 230 trees x 6.03 dollars = 1,387

Total cost for the order:                            6,387

Financial outcome:     36,800 - 6,387 =  30,413

Final answer:

The special order from the local shopping mall would increase the Faux Trees Company's operating income by $22,413.10.

Explanation:

To determine the change in the operating income due to this special order, we must first calculate the total revenue and total costs associated with the order. The total revenue can be calculated as the product of the offered price per tree ($160) and the number of trees ordered (230), which equals $36,800.

The total cost is the sum of the initial investment for the molds ($5000), plus the variable cost per tree ($6.03) multiplied by the number of trees (230), which equals $6386.90.

So, the change in operating income, or profit, due to this special order can be found by subtracting the total costs ($6386.90 + $5000) from the total revenue ($36800). In this case, the special order would increase the company's operating income by $22,413.10.

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The types of decision making a consumer uses for a product does not necessarily remain constant. Why ?

Answers

Answer:

The decision making of a consumer goods does not change because the amount of a good consumer wants at a particular point in time is determined by some factors

Explanation:

The decision of a consumer does not remain constant, this is because, the quantity of a good consumer demand at a particular point in time is determined by several factor

Now, in the place where i am working in an MNC as a contract role. While my working period my consumption of goods increased as i was earning my own money and i did not have think more than once before purchasing any particular kind of goods

Now after that time ends, i have to collect money from my parents and now my thoughts and behavior towards consuming changed greatly.

Answer:

Well in most of the cases the decision making power and quality of the consumer remains constant but again, there are some cases where the the consumer changes the type of his/her decision making and go for another product.

One of the main reasons for this to happen is that, the consumer has or had a negative experience with the same product he.she has been using for a long time, this does not happen very often but when ever it does the consumer switches itself to other alternatives of that product.

Apart from that, there is a possibility that the product that the consumer really wants is sold out and now the consumer has to go with the alternative in order to satisfy his/her needs.

Hope this Helps.

Good luck.
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