chapter Six businesses and Their Costs ANSWERS TO END-OF-CHAPTER QUESTIONS 6-1 Distinguish clearly between a plant‚ a firm‚ and an industry. Contrast a vertically integrated firm‚ a horizontally integrated firm‚ and a conglomerate. Cite an example of a horizontally integrated firm from which you have recently made a purchase. A plant is an operating unit where production takes place. This production can be manufacturing‚ farming‚ mining‚ retailing‚ wholesaling‚ warehousing—anything
Premium Costs Variable cost Economics of production
compute these measures have been gathered and appear below: Month 1 2 3 4 Wait time per order before start of production‚ in days 16.7 15.2 12.3 9.6 Inspection time per unit‚ in days 0.1 0.3 0.6 0.8 Process time per unit‚ in days 0.6 0.6 0.6 0.6 Queue time per unit‚ in days 5.6 5.7 5.6 5.7 Move time per unit‚ in days 1.4 1.3 1.3 1.4 Required: 1. For each month‚ compute the following operating performance measures:
Premium Manufacturing Lean manufacturing Computer
Good morning sir and fellow students. Significant events are pivotal in enriching ones understanding of their identity‚ which leads to an understanding of where they belong in the world. This is shown through our prescribed text “The Simple Gift” composed by Steven Herrick; as well as Tim Winton’s “The Turning”. | Steven Herrick’s free verse novel explores this value of events that shape a persons identity and hence their sense of belonging in their world. The cause of his alienation appears to
Premium Poetry Demonstration World
Unit SHC unit 31. People communicate for different reasons‚ the main reason is to survive‚ if we didn’t communicate we wouldn’t be able to have food and water. Other reasons people communicate is to build relationships‚ share feelings to others and to gather information. Communication can be done in many ways‚ the main way is verbally however there is also in writing‚ gestures‚ sign language and body language. People tend to use a couple of these ways at the same time‚ for example when we are
Premium Communication Nonviolent Communication Nonverbal communication
SC 3045: Promote positive behaviour. 1.1 In order to promote positive behaviour a care setting or organisation should follow legislation made by government such as the Human Rights Act 1998‚ codes of practise and relevant policies set out by the trust or service. It is important to read and understand theses legislations and policies and then apply them to working practise. We receive mandatory training that reinforces the trusts policies and keeps us informed of any changes to be aware
Premium Human rights Trust The Incident
“Society moves ahead and the law limps behind” Discuss this referring to contemporary issues in family Society’s opinions are constantly‚ and rapidly changing‚ and consequently this poses significant challenges to the family law system in Australia. A family is a social unit containing individuals related by blood‚ marriage or other legally recognised relationships. Family law reforms have been implemented over the past three decades‚ entailing the recognition of same sex couples. Furthermore
Premium Law Homosexuality
Labour Market Policies Labour market policies; are microeconomic policies that influence operations and outcomes in the labour market including industrial relations policies that regulate the process of wage determination as well as training‚ education and job placement programs to assist the unemployed. The role of national and state systems Australia’s industrial Relations system is governed by the “Fair work Act 2009” a unified national system for the private sector implemented by Rudd
Premium Employment
CHAPTER 6 CASH TO ACCRUAL ACCOUNTING/ SINGLE ENTRY SYSTEM PROBLEMS 6-1. (BRAIN COMPANY) Capital‚ end Assets Less liabilities Capital‚ beginning Assets Less liabilities Increase in capital Additional investments Withdrawals Profit P609‚000 138‚000 P485‚000 94‚000 P471‚000 391‚000 P 80‚000 (70‚000) 120‚000 P130‚000 6-2. a. b. c. d. 6-3. 38‚900 + 13‚480 – 48‚200 = 4‚180 1‚160‚000 + 980‚000 – 700‚000 = 1‚440‚000 collections; 1‚440‚000 + 1‚660‚000 + 30‚000 – 1‚200‚000 = 1‚930‚000 210‚000 + 80‚000
Premium Generally Accepted Accounting Principles Balance sheet
Our Use of Metals 1. Define the terms mineral and ore Mineral - Any homogeneous‚ inorganic‚ solid substance which is naturally occurring. Ore - Any mineral or combination of a mineral and other substances from which a valuable‚ useable substance can be obtained (usually metals). 2. Describe the extraction processes‚ including chemical equations‚ of copper and aluminium and describe the environmental impact of these extraction processes. Copper There are two main methods used to extract
Premium Aluminium Copper
CHAPTER 6 ACCOUNTING FOR MERCHANDISING BUSINESSES PRACTICE EXERCISES PE 6–1A $140‚775 ($127‚500 + $435‚600 – $422‚325) PE 6–1B $31‚850 ($17‚500 + $141‚750 – $127‚400) PE 6–2A Cost of merchandise sold: Merchandise inventory‚ July 1 $ 88‚370 Purchases $681‚400 Less: Purchases returns and allowances $9‚250 Purchases discounts 7‚000 16‚250 Net purchases $665‚150 Add transportation in 3‚180 Cost of merchandise purchased 668‚330 Merchandise available
Premium Generally Accepted Accounting Principles Balance sheet Inventory