Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Make or buy is always an important decision for your company. Though your company has the capacity. sometimes it may be less expensive to purchase

image text in transcribed
Make or buy is always an important decision for your company. Though your company has the capacity. sometimes it may be less expensive to purchase directly from another wholesaler. The visualization in this exercise shows the cost difference between make versus buy. Based on this information, please answer the following questions. Click here to access a Tableau file, and here to access a Power BI file. (The Tableau and Power BI files contain the same data; you can use either to answer the questions in this assignment. Your instructor may specify which program they prefer you to use!) How to Access Tableau: You can open the Tableau file in this problem statement with Tableau Desktop software. If you don't have Tableau Desktop, you can download the most recent version of Tableau Reader, a free program that allows you to open Tableau visualizations. To get the most recent version, search for "Tableau Reader" in your internet browser, or click here. How to Access Power BI: You can open the Power BI file in this problem statement with Power BI Desktop. I you don't have it already, search for "Power BI download" in your internet browser, or click here for a free download. By looking at the visualization, you notice that purchase cost is positive but everything else is negative. Which of the following statements best describes this observation? This is incorrect. The visualization must erroneously flip the signs. We use negative value to show an expenditure, which is the reason why the manufacturing expenses are negative. When we compare all the costs under both conditions (make versus buy), these numbers are the differences. The positive value indicates the expenses we pay and the negative values represent the expenses we can save when buying the product. We use different signs to show whether it is paid internally or it is paid through external parties

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

More Books

Students also viewed these Accounting questions

Question

Decision Making in Groups Leadership in Meetings

Answered: 1 week ago