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Debbie Makes Porcelain Plates in Her Home and Sells Them

question 39

Essay

Debbie makes porcelain plates in her home and sells them to the Opus gallery.She spent $400 last month on supplies and made 50 plates.She sold the plates to the gallery at $25 per plate.The gallery sells all the plates for $40 each.For all of the 50 plates,what is Debbie's total value added? For all the 50 plates,what is the gallery's total value added?


Definitions:

Outsourced HR Functions

The practice of hiring external service providers to manage specific Human Resource tasks or operations typically performed in-house.

In-House

Activities or operations conducted within an organization by its own staff rather than being outsourced.

Risks And Limitations

Concerns regarding potential negative outcomes and constraints that limit the effectiveness of a plan or project.

Percentage

A mathematical concept that represents a fraction of 100, commonly used to compare and quantify proportions.

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