Write the Statement as a Proportion $\frac { 11 } { 99 } = \frac { 90 } { 10 }$

question 42

Multiple Choice

Write the statement as a proportion.
99 people is to 90 chairs as 11 people is to 10 chairs

• A) \(\frac { 11 } { 99 } = \frac { 90 } { 10 }\)
• B) \(\frac { 99 } { 90 } = \frac { 10 } { 11 }\)
• C) \(\frac { 99 } { 90 } = \frac { 11 } { 10 }\)
• D) \(\frac { 99 } { 11 } = \frac { 10 } { 90 }\)
• E) \(\frac { 99 } { 10 } = \frac { 90 } { 11 }\)

Distinguish between primary and support activities in the value chain.

Recognize the strategic significance of operations within the value chain.

Understand how firms can create competitive advantages through the value chain.

Recognize the purpose and process of conducting a value chain analysis.

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Definitions:

Cost of Goods Manufactured

The total production cost of goods that were completed during a specific accounting period, including materials, labor, and overhead.

Job Cost Sheet

A record that tracks the costs associated with a specific job, including materials, labor, and overhead.

Manufacturing Overheads

The indirect factory-related costs that are incurred when a product is manufactured, including costs related to operation, maintenance, and utilities.

AASB102

Refers to a specific standard issued by the Australian Accounting Standards Board concerning inventories, detailing the accounting treatment for inventory costs.