The packaged food manufacturer's decision to open its own distributorship and acquire a chain of local supermarkets while maintaining existing contracts with independent farmers and suppliers reflects a vertical integration strategy.
Vertical integration involves expanding control over different stages of the supply chain, from production to distribution. By owning the distributorship and supermarkets, the manufacturer gains greater control over the distribution and retail aspects of its products.
However, by continuing contracts with independent farmers and suppliers, the company chooses to rely on external sources for its raw materials and ingredients instead of growing its own.
This strategy allows the manufacturer to streamline operations and enhance its market presence without taking on the additional responsibilities of ingredient production.
To know more about integration strategy refer to-
https://brainly.com/question/30094381
#SPJ11
taco bell case analysis assignment
Taco Bell's strong brand, innovative menu offerings, and effective marketing strategies have positioned it as a successful player in the fast-food industry.
Taco Bell is a fast-food restaurant chain that has experienced significant growth and success in the fast-food industry. The company's strengths lie in its strong brand recognition, innovative menu offerings, and effective marketing strategies. Taco Bell has successfully positioned itself as a leader in the Mexican-inspired fast-food segment, appealing to a wide range of customers.
One of the key factors contributing to Taco Bell's success is its ability to adapt to changing consumer preferences and introduce new menu items. For example, the introduction of the Doritos Locos Tacos was a major hit, driving sales and attracting new customers. Taco Bell also capitalized on the growing demand for plant-based options by partnering with Beyond Meat to offer vegetarian and vegan menu items.
Taco Bell's marketing efforts have been another crucial aspect of its success. The company has utilized social media platforms to engage with customers, launch creative marketing campaigns, and generate buzz around new product launches. Taco Bell's engaging and humorous advertisements have resonated with its target audience, further enhancing its brand image.
Overall, Taco Bell's strong brand, innovative menu offerings, and effective marketing strategies have positioned it as a successful player in the fast-food industry. By staying relevant, adapting to changing consumer preferences, and leveraging social media, Taco Bell has maintained its competitive edge and continued to attract a diverse customer base. However, the company should also be mindful of evolving health-conscious trends and consider expanding its healthier menu options to cater to a broader customer segment.
To know more about industry visit:
https://brainly.com/question/30547302
#SPJ11
as a project manager, you have completed planning for the project and are two months into project execution. you have scheduled a project team meeting with four items on the agenda. which item should have the highest priority?
As a project manager, you have scheduled a project team meeting with four items on the agenda. Review risk response tactics and talk about risks you hadn't thought about before should have the highest priority.
What are the four steps of crucial project planning components?
The project life cycle, which comprises four separate phases: initiation, planning, execution, and closure, includes this phase. For a number of reasons, planning is crucial because it guarantees that Projects proceed according to a project management plan.
What are the three most crucial tasks while helping a project manager?
Three essential qualities for a good project manager are management, leadership, and communication. When selecting or hiring project managers, hiring executives take a look at these qualities.
Know more about project manager- brainly.com/question/27995740
#SPJ4
which grocery store food stores use vegetable and fruit plastic bags that are bpi certified compostable?
Trader Joe’s is the grocery and food store that use vegetable and fruit plastic bags, which are completely safe and are BPI certified as well as compostable.
Compostable goods can be referred to or considered as the goods that are easily able to be bio-degraded in such a way that the damage caused to the environment is minimized. And at the same time, is also not harmful for health-related concerns.
Usually, plastic bags are used by grocery stores for storing and packaging their fruits and vegetables. However, some stores use compostable plastic bags, thereby maximum benefits of the compostable goods.
Learn more about compostable goods here:
https://brainly.com/question/12624929
#SPJ4
Norris has a deductible of $1,000. He damages his car in an accident and it will
cost $3,300 to repair.
How much does Norris have to pay?
9514 1404 393
Answer:
$1000
Explanation:
Norris must pay the deductible, $1000.
Answer:
$1000Explanation:
#CARRYONLEARNINGwhat is it called when the government uses some tool other than money to allocate goods?
A. rationing
B. supply management
C. disequilibrium
D. resource allocation
If the average value of the function f on the interval 2 < X < 6 is 3, what is the value of $,° (55(2) + 2) de ?
17
23
62
68
The average value of a function on an interval is given by the formula:
average value = (1/(b-a)) * integral from a to b of f(x) dx
In this case, the interval is 2 < x < 6 and the average value is 3. Therefore:
3 = (1/(6-2)) * integral from 2 to 6 of f(x) dx
Simplifying, we get:
12 = integral from 2 to 6 of f(x) dx
We are then asked to evaluate the expression $,° (55(2) + 2) de, which is a bit confusing since it is not clear what the $,° symbol means. Assuming it is just a placeholder for a number, we can evaluate the expression:
$,° (55(2) + 2) de = $,° (112) de
Without further information, it is impossible to determine the numerical value of this expression. Therefore, none of the answer choices provided (17, 23, 62, 68) can be correct.
If the average value of the function f on the interval 2 < X < 6 is 3, we can use the formula for the average value of a function to find the value of the integral.
The formula for the average value of a function f(x) on the interval [a, b] is:
Average value = (1/(b-a)) * ∫[a, b] f(x) dx
In this case, the average value is given as 3, and the interval is 2 < X < 6, so a = 2 and b = 6.
3 = (1/(6-2)) * ∫[2, 6] f(x) dx
To find the value of the integral, we can rearrange the equation:
3 * (6-2) = ∫[2, 6] f(x) dx
3 * 4 = ∫[2, 6] f(x) dx
Now, we can calculate the integral value:
12 = ∫[2, 6] f(x) dx
However, the given options (17, 23, 62, 68) do not match the calculated value of 12. It's possible that there is a typo in the question or the given options. Please double-check the question and options to ensure accuracy.
To know more about integral visit
https://brainly.com/question/31433890
#SPJ11
pls be nice and answer this for me. in the middle of a test. 50 pts!
Nate received an unusually large requisition order from another department for a new type of material that they had not purchased before. He had a good relationship with the supplier so he sent the supplier an invoice for the order. What should Nate have done differently?
A. Solicited for a bid from the supplier
B. Solicited for a purchase order with the supplier
C. Ask the supplier for Verification for the requisition order
D. Used a new supplier since it was a new type of goods
Answer:
Solicited for a bid from the supplier.
Explanation:
Solicited for a bid from the supplier should Nate have done differently. Thus, option (a) is correct.
What is supplier?
The term supplier refers to supplies of the raw material and the goods. The supplier was the always part of the company to provide the customer the goods and the services. Suppliers provided the transportation of those materials. Suppliers are the mediator of the supply chain.
A bid is solicited, it signifies the target is actively looking for a buyer and wants to be bought as the supplier. These offers—also known as those that have the support of the management of both companies are frequently referred to as “friendly takeovers.” Solicitation bids, submission bids, and selection bids are the three different categories of bids.
As a result, the solicited for a bid from the supplier have the differently done. Therefore, option (a) is correct.
Learn more about on supplier, here:
https://brainly.com/question/27375800
#SPJ2
Which describes a situation of scarcity?
Answer:
Scarce natural resources make it more difficult for producers to keep up with demand.
Explanation:
pa brainlest na din po
Answer:
"Scarce natural resources make it more difficult for producers to keep up with demand"
ABSOLUTE SCARCITY EXAMPLES INCLUDE: ... Coal is used to create energy; the limited amount of this resource that can be mined is an example of scarcity. A day has an absolute scarcity of time, as you cannot add more than 24 hours to its supply. Those without access to clean water experience a scarcity of water
NEED HELP ASAP, WILL GIVE BRAINLIEST
The chart below shows a production possibility schedule for a pastry shop that makes $0.50 profit per donut and $0.75 profit per bagel. Choice __ yields the largest profit.
Answer:
its B
Explanation:
if you take how much he makes per donut and per bagel and multiply it by the quantity of each it will give you a total and you just add both the donut total and the bagel total it will give you the final profit and you do that to all of them and see which one has the most money
TRUE/FALSE. unnecessary and cumbersome administrative procedures can be a sign of declining performance at an organization.
Unnecessary and cumbersome administrative procedures can be a sign of declining performance at an organization. This statement is a true statement.
How would you define an administrative process?Management decision-making is governed by administrative processes, which are a collection of formal, objective regulations adopted by a corporate or public organization. By ensuring that management decisions are impartial, equitable, and consistent, they aid in establishing the legitimacy of management activity. Additionally, they support accountability.
What functions does the Administrative Procedures Act serve?Regulation development and issuance by federal agencies are governed by the Administrative Procedure Act (APA). Additionally, it gives the public the chance to comment on notices of proposed regulation and specifies the conditions under which they must be published in the Federal Register.
To know more about administrative procedures visit:
https://brainly.com/question/27755659
#SPJ4
Maya is concerned about her credit problems and is worried
about the debt she's accumulated throughout college. Which
of the following strategies is the most advisable for Maya?
automatically apply for bankruptcy
immediately consolidate her loans
look for a reputable credit counselor
Answer:
C!
Explanation:
Debts are often referred to as money owed by individuals and they have no way to pay for it. The
best strategy that is the most advisable for Maya is to look for a reputable credit counselor
A credit counselor often tells an individual the right steps to take concerning any credit be it debt or any other things.If you can't make a payment or meet the options given, it is better to discuss payment options, contact your lenders to explain your situation or a credit counselor.
Learn more from
https://brainly.com/question/9147047
A registered securities agent has been contacted by an independent venture capitalist to obtain customers for a private placement that he is forming. Which statement is TRUE?
A) the agent is prohibited from directing customers to the venture capitalist
B) The agent is permitted to direct customers to the venture capitalist without restriction
C) the agent is permitted to direct customers to the venture capitalist with the permission of the Administrator
D) the agent is permitted to direct customers to the venture capitalist if the agent has posted a surety bond
Answer: A) the agent is prohibited from directing customers to the venture capitalist
Explanation:
This could be similar to a selling away, where he's putting his customers into a security firm which they are not much aware of in a transaction that they are not supervising.
Which of the following items are included in The Code of Professional Ethics of the American Institute of Certified Public Accountants: weigh all sides of decisions.
a. weigh all sides of decisions.
b. attending annual meetings.
c. generate innovative approaches to accounting.
d. integrity and objectivity.
Integrity and objectivity are the items are included in The Code of Professional Ethics of the American Institute of Certified Public Accountants.
What is meant by professional code of ethics?This is the term that is used to refer to the code that is used to apply to all of the people that would work in a particular organization that are meant to guide the behavior of the people in the organization and also check the ways that people would act.
Hence we can say that Integrity and objectivity are the items are included in The Code of Professional Ethics of the American Institute of Certified Public Accountants..
Read more on Professional Ethics: https://brainly.com/question/3921492
#SPJ1
What are some typical roles filled by the construction manager? (Select all that apply.)
responding to emergencies
designing exterior spaces
preparing budgets
conducting structural calculations
establishing a project timetable
Answer:
Construction managers typically do the following:
1. Prepare cost estimates, budgets, and work timetables.
2. Interpret and explain contracts and technical information to other professionals.
3. Report work progress and budget matters to clients.
4. Collaborate with architects, engineers, and other construction specialists.
Explanation:
What are some reasons that a bank statement might not match a cash balance of a business's records? Choose all answers that are correct.
Question 1 options:
posted payments on credit cards
bank errors
outstanding deposits
service charges
recorded checks
outstanding checks
Answer:
outstanding deposits, outstanding checks, posted payments on credit cards
Explanation:
Bank errors, Outstanding Deposits, Service Charges, and Outstanding checks are some reasons that a bank statement might not match the cash balance of a business's records. The correct options are B, C, D, and F.
What information does a bank statement provide?Name, address, account number, and bank branch information are all listed on bank statements for account holders. Additionally, a summary table that displays the statement's time frame, opening and closing bank balances, deposits made to the account, refunds, and cash withdrawals is included. In addition, fines levied by your bank as well as declined or canceled payments will appear on your statements.
Differences between the two records could be the result of Deposits in transit: The firm may have received cash or cheques, but the bank may not have yet recorded them. Outstanding checks are ones that have been issued but have not yet been processed. Bank service fees: Banks frequently deduct service fees.
Thus, the ideal options are B, C, D, and F.
Learn more about Bank Statement here:
https://brainly.com/question/22786262
#SPJ2
What is the effect of credit card interest on the real cost of items?
Answer:
Credit card interest rates, also known as finance charges, vary from one card issuer to another and may also vary across different credit cards from the same issuer. Before getting a credit card, you must be aware of the interest rate charged on it. Unlike other loans, credit card interest rates are usually not linked to the user’s credit score and repayment capacity. Every credit card has a preset finance charge and it will be the same for all the customers.
The most important point to note here is that interest is charged on credit cards only if you have not paid the outstanding amount in full or withdrawn cash from ATMs using the credit card. No interest is charged when you clear your credit card dues on time.
John’s wage increases from $200 per day in year y to $260 per day in year z. At the same time, the cpi increases from 100 to 142. John is better off in year z because his real income is higher. True or false?.
The statement John is better off in year z because his real income is higher. True.
Determining the real incomeCPI for year y = 100
Wages for year y= 200
CPI for year z =1 42
Wages for year z = 260
Inflation rate = (142-100)/100
Inflation rate = 42%
Real income for year y = 200-(200×42%)
Real income for year y =$116
Real income for year z = 260-(260×42%)
Real income for year z =$150.80
Based on the above calculation he will be better in year z that in year y based on the fact that his real income is higher in year z.
Therefore the statement is True.
Learn more about real income here: https://brainly.com/question/24684457
#SPJ1
Appleville is a village that specializes in all forms of apple products. Suppose that each winter, when no apples are being produced, aggregate output falls below the long-run equilibrium output level. What type of fiscal policy might be most effective in correcting this problem
The type of fiscal policy which might be most effective in correcting this problem is:
C) Increasing government spending in order to increase aggregate demand.According to the given question, we are asked to state the type of fiscal policy which might be most effective in correcting this problem of the village which loses its aggregate output.
As a result of this, we can see that the fiscal policy which can solve this problem is by increasing the government spending so that the aggregate demand would be increased.
Therefore, the correct answer is option C
Read more here:
https://brainly.com/question/24777291
In which market model do firms rely on product differentiation to distinguish themselves from the competition?.
In the monopolistic competition market model companies rely on product differentiation to distinguish themselves from their competitors.
In a monopolistic competitive market, firms differentiate their products based on the product differentiation strategy. Product differentiation is a marketing strategy that gives the edge to firms in a monopolistic competitive market. Firms in monopolistic competition attempt to stand out to potential customers and distinguish their products from other firms in the competition.
What is the Monopolistic Competitive Market?
A market is termed as monopolistic competitive when there are many firms producing the same kinds of products and services. These products and services are similar but are not perfect substitutes for each other. When a firm enters into a monopolistic competitive market, typically it encounters very low barriers since, in the monopolistic competitive market, the decisions of any firm do not directly affect other firms in the market.
Here is the complete question:
"
In which market model do firms rely on product differentiation to distinguish themselves from the competition?.
a) pure competition
b) oligopoly
c) pure monopoly
d) monopolistic competition
"
You can leanr more about monopolistic competition at
https://brainly.com/question/2891218
#SPJ4
Which element of design can be used to create emphasis or de-emphasis on a garment? a space b shape c line d texture please answer this question before moving on.
Emphasis is the phase of the format that catches the viewer's attention. Usually the artist will make one area stand out by using contrasting it with other areas.
The location should be one-of-a-kind in size, color, texture, shape, etc. Movement is the course the viewer's eye takes through the work of art, often to focal areas.
How do you create emphasis in design?Three factors of art: color, value, and texture, are beneficial in creating emphasis through contrast. Using texture in solely one spot or placing a light object in an otherwise dark environment will attract the interest of the viewer.
What system is used for emphasis?Still, specially for academic writing, italics or underlining is the favored way to emphasize phrases or phrases when necessary. Writers generally choose one or the different approach and use it constantly throughout an person essay. In the final, posted version of an article or book, italics are generally used.
Learn more about Emphasis here:
https://brainly.com/question/27961037#SPJ4Union a wants to represent workers in a firm that would hire 20,000 workers if the wage rate is $12 and would hire 10,000 workers if the wage rate is $15. Union b wants to represent workers in a firm that would hire 30,000 workers if the wage is $20 and would hire 33,000 workers if the wage is $15. Which union is more likely to organize?
We must take into account the elasticity of labour demand in each situation in order to identify which union is most likely to form. The degree to which the demand for labour is responsive to variations in
The act of integrating or merging two or more objects into a single entity is referred to as a union. A group of employees who have banded together to collectively negotiate for better pay, benefits, and working conditions from their employer is typically referred to as a union in the context of organisations. In sectors like manufacturing or transportation where employees deal with difficult working conditions or poor pay, unions are frequently established. Unionized workers can increase their bargaining strength and improve their ability to deal with management by uniting. Yet, unions have also come under fire, with some contending that they may be unduly demanding and may hurt firms' ability to
Learn more about union here:
https://brainly.com/question/749754
#SPJ4
write a story about what could happen if you purchase a home without a
financial plan in action. In other words, what could go wrong, what could
happen as a result, and how could it have been handled differently?
i'm not going to write the whole story but i'll give you a few details :)
- the person ends up buying a house that was falling apart, pipes breaking/leakage, roof falling apart, floorboards splitting.
- goes for a loan to fix the house but doesn't know the process of the loan and gets put into debt.
- tries to fix the house himself cheaply, it works for a week then it goes back to what it was. a lot more holes and breaks show up. hires someone to come fix the things that were breaking and gets put farther into debt and loses a lot of money.
- falls behind on his mortgage and eventually, the house gets repossessed (sorry if i spelt that wrong)
what does white space mean in terms of advertising?
A. Space within the advertising region that is text only
B. Space within the advertising region that is filled
C. Space within the advertising region that is colorful
D. Space within the advertising region that is left unmarked and unfilled
Answer:
D. Space within the advertising region that is left unmarked and unfilled
Explanation:
Hope this helps!!
The meaning of the word white space in advertising refers to Space within the advertising region that is left unmarked and unfilled. Thus, option (D) is correct.
What is Advertising?Advertising is a marketing strategy that involves paying for advertising space to sell a product, service, or movement. Marketing messages, or ads for short, are the real commercial messaging.
Advertising's purpose is to contact those who are most likely to be ready to pay for a company's goods or services and convince them to purchase them.
White space in a design is empty space or negative space that occurs surrounding all text in a design layout used in advertising. The space may seem to be empty, yet it is most likely the most crucial aspect of how the design seems to the human eye.
Therefore, it can be concluded that option (D) is correct.
Learn more about Advertising here:
https://brainly.com/question/3163475
#SPJ2
Conducting an effective performance appraisal meeting is always easier if the rater begins the meeting with a criticism of the employee and moves forward from there. is always easier if the rate limits the number of opportunities the employee has to speak. is facilitated if the rater has empathy for the employee. is easier if they rater completes the performance appraisal form as he talks to the employee during the actual performance appraisal meeting.
Answer:
is facilitated if the rater has empathy for the employee.
Explanation:
A performance evaluation is a tool of the HR department used in organizations with the objective of evaluating how an employee or a team conducts their work, how their actions affect positively or negatively in the achievement of organizational objectives and goals, that is, it is a way of analyzing whether a collaborator's work meets the company's expectations.
Therefore, there are some issues that can hinder this evaluation, such as some existing bias due to some situation, which may cause the performance evaluation to not be fully consistent with reality.
So when the appraiser has empathy for the employee, the assessment is facilitated, as there is greater understanding and search for solutions for the employee to develop and improve situations that were not so positive in the assessment.
Rising interest rates have made borrowing more costly to consumers. As a result
of the most recent increase in interest rates, borrowing and consumption have
fallen throughout the economy, triggering a contractionary period. Growing
uneasy, citizens have been asking Congress to make an official statement as to
how long this contractionary period is expected to last. Which of the following is
an appropriate response?
Answer:
it depends on the measures taken to ensure that economy is stable.
Answer:
1. it is difficult to say since contractionary periods have varying lengths in different business cycles.
2. shock
3. high unemployment
4. two
5. expansion stage of the business cycle
Explanation:
just took it
5. Given the model for the Mary Island economy calculate the equilibrium level of income. (2 Points) C= 100+.7YD G = 700 T = 500 1 = 200 6. Calculate the government spending multiplier and the tax multiplier if the MPC is 0.6. 7. Determine the net impact upon the nation's economy that results from equal increases in government spending and taxes of $10 billion when the MPC is.8.
The net nation's economy from equal increases in government spending and taxes of $10 billion when the MPC is 0.8 is an increase in income by $10 billion.
C = 100 + 0.7YD
G = 700
T = 500
I = 200
Using the Keynesian expenditure-income model -
Y = C + I + G + (X - M)
= (100 + 0.7YD) + 200 + 700 + (X - M)
AE = (100 + 0.7YD) + 200 + 700
Y = (100 + 0.7YD) + 200 + 700
Y = 100 + 0.7YD + 200 + 700
Y = 1000 + 0.7YD
Y = 1000 + 0.7(Y - 500) [ disposable income = YD = Y - T, YD = Y - 500]
Y = 1000 + 0.7Y - 350
0.3Y = 650
= 2166.67
Calculating the government spending multiplier -
Mg = 1 / (1 - MPC)
= 1 / (1 - 0.6)
= 1 / 0.4
= 2.5
Calculating the tax multiplier -
Mt = -MPC / (1 - MPC)
= -0.6 / (1 - 0.6)
= -0.6 / 0.4
= -1.5
Calculating the net impact on nation's economy -
ΔY = (Mg x ΔG) + (Mt x ΔT)
= (2.5 x 10) + (-1.5 x 10)
= 25 + (-15)
= 10
Read more about MPC on:
https://brainly.com/question/20376297
#SPJ4
Costs are transferred, along with the units, from one work in process inventory account to the next in a process costing system. True or False.
True,In a process costing system, costs are transferred along with the units from one work in process (WIP) inventory account to the next.
This is because a process costing system is used when products are produced in large quantities through a series of sequential production processes, and the cost of each process is allocated to the products that pass through it.
As the products move from one process to another, their cost is transferred from one WIP inventory account to the next.
For example, the cost of materials and labor for a batch of products may be recorded in the WIP inventory account for the first process.
When the products move to the next process, the cost of the materials and labor is transferred from the first WIP inventory account to the second WIP inventory account.
The cost of each process is then calculated and allocated to the units that pass through it, using a predetermined overhead rate.
At the end of the production process, the total cost of the products is calculated and divided by the total number of units produced to determine the unit cost of the products.
Learn more about production here:brainly.com/question/31859289
#SPJ11
What type of federal funding is free money, but is based
on financial need only?
A.Federal grants
B.All federal scholarships
C.The 529 Plan
D.None of these are correct
Answer:
Try A. Federal Pell Grant
Answer:
answer : b
Explanation:
cauise
Find an example of a company that has recently gone through a major organizational change. What type of change was it? Why did the organization make the change, and what does it hope to achieve from it?
You must include a full explanation of the change, why it was made, and what the org hoped to achieve, as well as any opinions you develop from your reading.
Netflix reorganized its content team into three divisions in an effort to improve content quality and quantity.
Company: Netflix
Type of change: Netflix recently underwent a major organizational change in which it reorganized its content team into three divisions: scripted TV, unscripted TV, and films. This change was made in an effort to streamline the company's content creation process and to better focus on the specific needs of each division.
What the org hoped to achieve: Netflix hoped to achieve a number of things from this organizational change, including:
Increased content quantity: Netflix also hoped that the reorganization would lead to an increase in the amount of content that it produces. This would allow Netflix to offer a wider variety of content to its subscribers and to keep them engaged.
Better focus on customer needs: By giving each division more focus, Netflix hoped that it would be better able to understand the needs of its customers and to create content that they would enjoy.
Opinion: I think that Netflix's organizational change was a good move. The company was facing increasing competition, and it needed to make some changes in order to stay ahead of the curve. The reorganization seems to be a step in the right direction, and I am optimistic that it will help Netflix to improve its content quality and quantity.
To learn more about customer needs: https://brainly.com/question/15239291
#SPJ11
Required information
Use the following information for the Quick Study below.
Skip to question
[The following information applies to the questions displayed below.]
BOGO Inc. has two sequential processing departments, roasting and mixing. At the beginning of the month, the roasting department had 2,480 units in inventory, 80% complete as to materials. During the month, the roasting department started 19,600 units. At the end of the month, the roasting department had 3,800 units in ending inventory, 90% complete as to materials.
Cost information for the roasting department for the month follows:
Beginning work in process inventory (direct materials) $ 3,370
Direct materials added during the month 35,900
QS 16-22A FIFO: Assigning costs to output LO C4
Using the FIFO method, assign direct materials costs to the roasting department’s output—specifically, the units transferred out to the mixing department and the units that remain in process in the roasting department at month-end. (Do not round intermediate calculations.)
Bogo Inc
FIFO Method
Costs Transfered out
Cost to direct Materials in begging WIP
Direct Materials
Costs of Units Started and completed this period
Direct Materials
Total Costs of Units transferred out
Costs of ending work in process inventory
Direct Materials
Total Costs Assigned
Using the FIFO method, the total costs assigned to the units transferred out to the mixing department from the roasting department is $35,160, and the total costs assigned to the units that remain in process in the roasting department at month-end is $2,110.
The FIFO method, or first-in, first-out method, is an inventory valuation method where the first items purchased or produced are assumed to be the first items sold or transferred out of inventory. In this Quick Study, we are using the FIFO method to assign direct materials costs to the output of BOGO Inc.'s roasting department.
To assign costs to the units transferred out, we need to consider the units started and completed during the month, as well as the units in beginning inventory. The cost per equivalent unit for direct materials is calculated by adding the beginning work in process inventory cost to the direct materials added during the month and dividing by the equivalent units. Using this cost per equivalent unit, we can calculate the total direct materials costs for the units transferred out, which is $35,160.
To assign costs to the units that remain in process in the roasting department at month-end, we need to consider the units in ending inventory. The cost per equivalent unit for direct materials is calculated in the same way as for the units transferred out. Using this cost per equivalent unit, we can calculate the total direct materials costs for the units in ending inventory, which is $2,110.
Learn more about FIFO method here:
https://brainly.com/question/17924678
#SPJ11