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Use the Following Information to Answer the Following Questions

question 45

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Use the following information to answer the following Questions
Cheyenne Enterprises manufactures Nuts and Bolts from a joint process (cost = $80,000) . Five thousand pounds of Nuts can be sold at split-off for $20 per pound; ten thousand pounds of Bolts can be sold at split-off for $15 per pound. For product costing purposes Cheyenne allocates joint costs using the relative sales value method.
-The amount of joint cost allocated to Nuts would be:

Comprehend the concept and implications of service triads in outsourcing.
Understand reasons for making (insourcing) versus buying (outsourcing) decisions.
Identify what constitutes a core competency and how it influences outsourcing decisions.
Understand the trends and growth factors in outsourcing, particularly in logistics.

Definitions:

Executive Branch

The branch of government responsible for enacting and enforcing laws, typically headed by the president or prime minister.

Federal Trade Commission

A U.S. federal agency with the mission to protect consumers and promote competition by preventing anticompetitive, deceptive, and unfair business practices.

Washington, District of Columbia

The capital of the United States, a federal district that houses the federal government's three branches and numerous national monuments and museums.

Trade Regulation Rules

Guidelines and laws that govern business practices and competition, aimed at ensuring fair competition and protecting consumers.

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