Answer:
The performance problem to minor burns will be mainly psychological.
Explanation:
The staff involved will most likely exhibit a reduction in speed at which he or she executed the task which led to the burn.
If the personnel is in a chain of production where their own activity feeds others, it may translate to the increase in the time taken to achieve results.
One solution to this is to critically examine the production process and eliminate the cause of the accident if any.
If the cause of the incident was as a result of carelessness on the part of the staff, then he or she might have to be rescheduled to another department or unit where their current mindset will not stall the overall performance of the team/production line.
Cheers!
If the price of a soda is $2, the price of a hamburger is $6, and George has $20 of income, George's utility maximizing combination of sodas and hamburgers per day is:
Answer:
2 hamburgers and 4 sodas
Explanation:
The utility's function was missing, so I looked for it:
Hamburgers per Day Total Utility Marginal Utility MU per $
1 30 30 5
2 52 22 3.67
3 67 15 2.5
4 76 9 1.5
5 80 4 0.67
Sodas per Day Total Utility Marginal Utility MU per $
1 20 20 10
2 35 15 7.5
3 47 12 6
4 57 10 5
5 64 7 3.5
If George wants to maximize his utility per dollar spent, he should buy 2 hamburgers and 4 sodas. This will yield him 52 utils (form hamburgers) and 57 utils (form sodas) = 109 utils per day
A company manufactures and sells x smartphones per week. The weekly price-demand and cost equations are p=500−0.5x and C(x)=20,000+135x respectively.
a. What price should the company charge for the phones and how many phones should be produced to maximize the weekly revenue? What is the maximum weekly revenue ?
b. What is the maximum weekly profit ? How much should the company charge for the phones, and how many phones should be produced to realize the maximum weekly profit ?
Answer:
a)
revenue = x amount of phones x price
revenue = x(500 - 0.5x)
revenue = 500x - 0.5x²
we find revenue' (derivative):
revenue' = 500 - x
x = 500
the company should sell 500 smartphones to maximize revenue, the selling price = 500 - (0.5 x 500) = $250 per smartphone. Maximum weekly revenue = $250 x 500 = $125,000
b)
profit = revenue - cost
profit = 500x - 0.5x² - 20,000 - 135x
profit = -0.5x² + 365x - 20,000
we must find profit' (derivative):
profit' = -x + 365
x = 365
In order to maximize profits, you have to sell 365 smartphones per week. Maximum weekly profit = -0.5(365²) + 365(365) - 20,000 = -66,612.50 + 133,225 - 20,000 = $46,612.50.
The smartphone's price = 500 - (0.5 x 365) = $317.50
Consider a variant of the IS-LM model studied in class, where Investment, I = I0 + b1*Y - b2*r, and the demand for money, L(r,Y) = m0 + k*Y - h*r. We know with certainty that a tax increase must cause which of the following?
a. a decrease in the interest rate and an ambiguous effect on investment.
b. an increase in the interest rate and an upward shift in the LM curve.
c. no change in output if the Fed simultaneously pursues expansionary monetary policy.
d. a decrease in the interest rate and an increase in investment.
Answer:
The correct answer is D
Explanation:
Taxes have a regressive effect on Aggregate Consumption which in turn catalyses a decrease in output/income.
Lower income/output will lead to lower interest rate because a drop in demand will result in a drop in supply. When companies are not producing, there is no point seeking investment in the form of debt or equity. Hence interest rate also drops.
At this point, businesses become interested in borrowing funds given the low rate of interest.
Cheers!
Assume a company pays out $100 in dividends in Year 1. What would the annual growth rate (rounded to the nearest 1%) for dividends have to be during years 2-5 so total dividends paid out during years 1-10 would be $2000
Answer:
The answer is "The dividends in 5 to 10 years will be the same".
Explanation:
The dividend value will be increasing in the 5 years after that it will be stabilized.
The growth rate value is = 24.24% , and the year dividend value in the form table can be defined as follows:
[tex]\boxed{\boxed{\bold{years}} \ \ \ \ \ \ \boxed{1}\ \ \ \ \ \boxed{2}\ \ \ \ \ \boxed{3} \ \ \ \ \ \boxed{4} \ \ \ \ \ \boxed{5} \ \ \ \ \ \boxed{6} \ \ \ \ \ \boxed{7} \ \ \ \ \ \boxed{8} \ \ \ \ \ \boxed{9} \ \ \ \ \ \boxed{10} }[/tex]
[tex]\boxed{\boxed{\bold{values}} \ \ \boxed{100}\ \ \boxed{124.2}\ \ \boxed{154.3} \ \ \boxed{191.8} \ \ \boxed{238.2}\ \ \boxed{238.2} \ \ \boxed{238.2} \ \ \boxed{238.2} \ \ \boxed{238.2} \ \ \boxed{238.2} }[/tex]In this question we use the goal seek function, that's calculation is defined in the attachment file. please find it.
Which of the following generational groups is most likely to represent the present owners of cottages surrounding Witmer Lake?A) Baby Boomers.
B) Echo Boomers.
C) Gen Xers.
D) Lost Generation.
E) Millennials.
Lost Generation is the generational groups is most likely to represent the present owners of cottages surrounding Witmer Lake. Thus, the correct option is D). Lost Generation.
Where is Witmer Lake located?Witmer Lake is a very large natural lake that is located in LaGrange County, Indiana near Wolcottville. This lake is very big in size as it is 204 acres in size. Witmer Lake is considered as a part of the Indian Lakes Chain.
Witmer Lake is very well known as an all-sports lake as various adventourous activities like boating, swimming, fishing, skiing, kayaking, and more can be enjoyed on the crystal water of the Witmer Lake.
Basically, Witmer Lake is a part of five lakes of the Indian Lake Chain and those lakes are the Witmer, Westler, Dallas, Hackenberg and Messick Lakes.
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Part 1: Firms in the real estate investment trusts (REITs), airlines, electric utilities, and paper products industries tend to have high leverage. Explain why firms in these industries would prefer to have high leverage. Part 2: Firms in the computer hardware, footwear, apparel and luxury goods, and data processing industries tend to have low leverage. Explain why firms in these industries would prefer to have low leverage.
Answer and Explanation:
1. Firms in the real estate industry have high leverage because they are capital intensive businesses, requiring higher capital for their operations and do not make profit or reach breakeven early. Therefore they are more inclined to leveraging than the share market .There is also the benefit of tax savings from debt sources
2. Firms in the computer hardware, footwear, apparel and luxury goods, and data processing industries have low leverage because they can reach breakeven or make profit early and so can rely on share market as against real estate industry.
On January 1, 2016, Dreamworld Co. began construction of a new warehouse. The building was finished and ready for use on September 30, 2017. Expenditures on the project were as follows: January 1, 2016 $319,000 September 1, 2016 $468,000 December 31, 2016 $468,000 March 31, 2017 $468,000 September 30, 2017 $319,000 Dreamworld had $5,600,000 in 12% bonds outstanding through both years. Dreamworld's capitalized interest in 2016 was:
Answer:
$638,000.
$319,000.
$475,000.
$554,750.
My respond is 638,000
Explanation:
A company purchased a machine for $100,000. The accumulated depreciation on the machine is now $100,000. Which of the following statements is TRUE regarding the disposal of the machine for no cash proceeds?
A) There will be no gain or loss on the disposal.
B) The journal entry to record the disposal will decrease net assets.
C) The cost of the asset, but not its accumulated depreciation, must be removed from the books.
D) A gain or loss on the disposal can occur.
Answer:
A) There will be no gain or loss on the disposal.
Explanation:
Given that
Purchase value of a machine = $100,000
Accumulated depreciation = $100,000
Based on the above information
Since the purchase value is equivalent to the accumulated depreciation i.e. both the amount consist of $100,000
So at the time of sale of the machine no loss or gain should be there
Hence, the correct option is A.
Baxter Inc. owns 90 percent of Wisconsin Inc. and 20 percent of Cleveland Company.
Wisconsin, in turn, holds 60 percent of Cleveland's outstanding stock.
No excess amortization resulted from these acquisitions.
During the current year, Cleveland sold a variety of inventory items to Wisconsin for $40,000 although the original cost was $30,000. Of this total, Wisconsin stll held $12,000 in inventory (at transfer price) at year-end.
During this same period, Wisconsin sold merchandise to Baxter for $100,000 although the original cost was only $70,000. At year-end, $40,000 of these goods (at the transfer price) was still on hand.
The initial value method was used to record each of these investments.
None of the companies holds any other investments.
Using the following seperate income statements, determine the figures thet would appear on a consoldated income statement:
Baxter Wisconsin Cleveland
Sales $(1,000,000) $(450,000) $(280,000)
Cost of goods sold 70,000 280,000 190,000
Expenses 110,000 60,000 30,000
Dividend income:
Wisconsin (36,000) 0 0
Cleveland (4,000) (12,000) 0
Net income $260,000 $122,000 $60,000
Consolidated Income Statement:
Sales
Cost of goods sold
Expenses
Dividend income
Non-controlling interests in subsidiaries' income
Controlling interest in consolidated net income
Answer:
$350,380
Explanation:
Calculation to determine the amount that would appear on the consolidated income
Consolidated income statement.
Sales$1,590,000
($1,000,000+$450,000+$280,000-$100,000-$40,000)
Less :Cost of goods sold ($1,015,000)
($670,000+$280,000+$190,000-$100,000-$25,000)
Less :Expenses ($200,000)
($110,000+$60,000+$30,000)
Dividend income$0
Consolidated net income $375,000
Noncontrolling interests in subsidiaries' income $24,620
Controlling interest in consolidated net income $350,380
Therefore the amount that would appear on the consolidated income will be $350,380
Calculate the consumers' surplus at the indicated unit price p for the demand equation
p = 8−2q^1/3;p=6.
Answer:
consumer surplus = 0.5 cents
Explanation:
The unit price: p = 6 , demand equation = [tex]p = 8 - 2q^{\frac{1}{3} }[/tex]
first find the value of q by equating the unit price and the demand equation
[tex]8 - 2q^{\frac{1}{3} } = 6[/tex]
= 8 - 6 = 2q^1/3
hence q = 1
now the consumer surplus can be calculated by integrating and inputting all the values
[tex]Cs = \int\limits^1_0 {(8-2q^(1/3) )} \, dq - 6[/tex]
= [tex][ 8q - 2(\frac{(q^(4/3))}{4/3}) ] - 6[/tex] applying the limits of q = 1 , 0
Cs = 8 - 3/2 * ( 1 ) ^ 4/3 - 0 + 0 - 6
= 8 - 3/2 - 6 = 1/2 = 0.5 cents
If all investors become more less risk-averse, the SML will _______________ and stock required returns will ________.
a. have the same slope but larger intercept; fall
b. have the same intercept with a flatter slope; fall
c. have the same intercept with a steeper slope; rise
d. have the same slope but smaller intercept; rise
Answer:
Option B, have the same intercept with a flatter slope; fall.
Explanation:
Option B is correct because a more risk-averse person faces a steeper curve while the less risk-averse person faces a flatter slope. While the more risk-averse person has more return on the stock while the less risk-averse person has less return. Therefore, in the given situation, the SML will have the flatter slope and its return will fall. As it is a less risk-averse investor.
Arlington Company is constructing a building. Construction began on January 1 and was completed on December 31. Expenditures were $6,400,000 on March 1, $5,280,000 on June 1, and $8,000,000 on December 31. Arlington Company borrowed $3,200,000 on January 1 on a 5-year, 12% note to help finance construction of the building. In addition, the company had outstanding all year a 10%, 3-year, $6,400,000 note payable and an 11%, 4-year, $12,000,000 note payable. What is the avoidable interest for Arlington Company?
Answer:
Avoidable interest for Arlington Company is $939,220
Explanation:
Arlington Company
Schedule of Weighted-Average accumulated expenditure
Date Amount Current year Weighted Average
capitalization Accumulated
period Expenditures
1-Mar $6,400,000 10/12 $5,333,333
1-Jun $5,280,000 7/12 $3,080,000
31-Dec $8,000,000 0/12 $0
Total $19,680,000. $8,413,333
Note: Weighted-Average accumulated expenditure = Amount * Current year capitalization period
Weighted average interest rate on general borrowings = 10% * (6,400,000 / 18,400,000) + 11%* (12,000,000 / 18,400,000)
=10.65%
Interest for specific borrowing should be capitalized for entire year.
Avoidable interest = ($3,200,000*12%) + ($8,413,333 - $3,200,000) * 10.65%
Avoidable interest = $939,220
________systems can help keep logistics costs down, improve the satisfaction of customers, and help a firm become more competitive so as to grow its revenues.
a. Quality management
b. Relationship management
c. Integrated logictics management
d. Logistics
Answer:
c. Integrated logistics management
________systems can help keep logistics costs down, improve the satisfaction of customers, and help a firm become more competitive so as to grow its revenues.
Explanation:
How? Integrated logistics management systems interconnect and integrate all the activities and systems that affect the flow of materials, information, and goods from the point of origin to the point of arrival at the customers' end. An integrated logistics management system ensures that the six areas of logistics are handled seamlessly. These areas are Warehousing, Warehouse Management System, Transportation Management System, Real-Time Location System, Inventory Management System, and Reverse Logistics. With the integration of these systems and activities, the costs of logistics are drastically reduced, customers - who are at the center of these - become more satisfied, and the firm competitively grows its revenues and bottomline.
a. Computer stocks currently provide an expected rate of return of 16%. MBI, a large computer company, will pay a year-end dividend of $2 per share. If the stock is selling at $50 per share, what must be the market's expectation of the growth rate of MBI dividends? (Do not round intermediate calculations. Round your answer to 2 decimal places.) b. If dividend growth forecasts for MBI are revised downward to 5% per year, what will be the price of the MBI stock? (Round your answer to 2 decimal places.) c. What (qualitatively) will happen to the company's price–earnings ratio? The P/E ratio will decrease. The P/E ratio will increase.
Answer:
a)
$50 = $2 / (16% - g)
16% - g = $2 / $50 = 4%
g = 16% - 4% = 12%
expected growth rate = 12%
b)
P₀ = $2 / (16% - 5%)
P₀ = $2 / 11%
P₀ = $18.18
c)
P/E ratio = share price / EPS
since the share price decreases from $50 to $18.18, the P/E ratio will decrease. When you are dividing a number, if the numerator decreases while the denominator remains still, the answer will decrease.
Growth rate in case 1 and Current Stock Price in case 2 are 12% and $18.18
Computation:
Case 1 ; Using Gordon's Model,
P = D1/(r - g)
50 = 2/(16% - g)
50 = 2/(0.16 - g)
0.16 - g = 2/50
0.16 - g = 0.04
g = 0.16 - 0.04
g = 0.12
Growth rate = 12%
Case 2 ; Using Gordon's Model,
P = D1/(r - g)
P = 2/(16% - 5%)
P = 2/(0.16 - 0.05)
Current Stock Price P = $18.18
Case 3;
Because the value of the shares has dropped, the P/E ratio has dropped as well. As a result, the P/E ratio will fall.
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For a certain item, the cost-minimizing order quantity obtained with the basic EOQ model is 200 units, and the total annual inventory (carrying and setup) cost is $400. What is the inventory carrying cost per unit per year for this item? $2.00 $3.00 $150.00 $1.00 not enough data to determin
Answer:
$2 per unit per year
Explanation:
The calculation of the inventory carrying cost per unit per year is shown below:
Inventory Carrying cost per unit per year is
= Total Annual Inventory cost ÷ Economic order quantity
= $400 ÷ 200 units
= $2 per unit per year
It is computed By dividing the total annual inventory cost from the economic order quantity, in order to get the inventory carrying cost
Therefore, the first option is correct
A. At the garage, mechanics changed the
oil, fixed the brakes, and checked the
transmission
B. The delegates spent the day arguing
with each other rather than work together to
find common solutions.
C. Pat likes to jog, hiking, and playing
football
D. The production manager was asked to
write his report quickly, accurate, and in a
thorough manner.
Answer:
A. At the garage, mechanics changed the oil, fixed the brakes and checked the transmission.
Explanation:
In comparing the absorption and variable cost methods, each of the following statements is true except:________.
1. SG&A fixed expenses are not included in inventory in either method.
2. Only the absorption method may be used for external financial reporting.
3. Variable costing charges fixed overhead costs to the period they are incurred.
4. When inventory increases over the period, variable net income will exceed absorption net income.
Answer: When inventory increases over the period, variable net income will exceed absorption net income.
Explanation:
In comparing the absorption and variable cost methods, the statements that are true are:
• SG&A fixed expenses are not included in inventory in either method.
• Only the absorption method may be used for external financial reporting.
• Variable costing charges fixed overhead costs to the period they are incurred.
Therefore, option D is wrong which states that "when inventory increases over the period, variable net income will exceed absorption net income".
The income summary account has expenses of $65,000 and revenues of $55,000. The company had which of the following: Select one: a. Net income of $10,000 b. Net income of $120,000 c. Net loss of $10,000 d. Net loss of $120,000
Answer: Net loss of $10,000
Explanation:
From the question, we are informed that the income summary account has expenses of $65,000 and revenues of $55,000.
In this scenario, since the expense is more than the revenue, it means that there will be a net loss. Therefore, the net loss will be calculated as:
= $65,000 - $55,000
= $10,000
There's a net loss of $10,000.
Straight Cut beauty salon merges with Clean-Cut beauty salon. This is an example of
A) vertical merger.
B) horizontal merger.
C) conglomerate merger.
D) concentration ratio.
Answer:
The answer is B. horizontal merger
Explanation:
Horizontal merger is a type of merger found between two competing firms operating in the same industry. Straight Cut beauty salon and Clean-Cut beauty salon are in the same industry performing the same or similar function.
Horizontal merger are done to increase the market share or enjoys economies of scale.
Straight Cut beauty salon and Clean-Cut beauty salon after the merger can introduce a wide range of services within the beauty salon
Baylor Bank believes the New Zealand dollar will appreciate over the next five days from $.48 to $.50. The following annual interest rates apply:
Currency Lending Rate Borrowing Rate
Dollars 7.00% 7.50%
New Zealand dollar (NZ$) 6.75% 7.25%
Baylor Bank has the capacity to borrow either NZ$10 million or $5 million.
If Baylor Bank's forecast is correct, what will its dollar profit be from speculation over the five-day period (assuming it does not use any of its existing consumer deposits to capitalize on its expectations)?
Answer:
Its dollar profit from speculation over the five-day period will be $208,035.93.
Explanation:
This can be determined as follows:
Assuming Baylor Bank borrow $5,000,000
The borrowing will be converted to New Zealand dollar at the current exchange rate and we will have:
Conversion = $5,000,000 / 0.48 = NZ$10,416,667
The NZ$10,416,667 shall be invested at an annualized based on New Zealand lending rate of 6.75% over five days. This will produce future value (FV) as follows:
FV of investment = Amount invested * (1 + NZ lending rate)^(5 years / 360 days) = NZ$10,416,667 * (1 + 6.75%)^(5 / 360) = NZ$10,426,121.44
Converting the NZ$10,426,121.44 to dollar at the new rate of $.50 as follows:
New conversion = NZ$10,426,121.44 * $.05 = $5,213,060.72
Amount to repay based on the US borrowing rate = Amount borrowed in USD * (1 + US borrowing rate)^(5 years / 360 days) = $5,000,000 * (1 + 7.5%)^(5 / 360) = $5,000,000 * 1.00100495826555 = $5,005,024.79
Profit = New conversion - Amount to repay = $5,213,060.72 - $5,005,024.79 = $208,035.93
Therefore, its dollar profit from speculation over the five-day period will be $208,035.93.
Suppose you are tasked with designing a policy to lower emissions from automobile use. What type of policy (i.e. command and control standards, tradable permits, taxes, subsidies, liability, etc.) would you recommend and why
Answer:
Tradable permits
Explanation:
A tradable permit is a term that describes a market-based technique that provides the government with the chance or power to curb negative externalities produced by a group of companies.
In this situation, permits are traded among companies, whereby a company that has reduced production of the externality can trade permits to companies that are unable to make such reductions and are ready to pay for the permits.
Reason to recommend this Approach its policy:
It has been observed that, in every place where this approach or policy is used, the market for permits obtains the desired effect that is more profitable and productive for society
If the exports (in million $) for the period 2006 through 2010 were $878, $892, $864, $870, and $912, respectively, what are these values called g
Answer:
Time series data
Explanation:
here are the option to this question:
Moving average
Linear trend equation
Logarithmic trend equation
Time series data
Time series data is a set of values or data arranged according to time - according to the time they occurred.
The export data were ordered according to time from 2006 - 2010
All of the following statements regarding the Federal National Mortgage Association (FNMA) are true EXCEPT:_________
A) FNMA is owned by the U.S. government.
B) FNMA pass-through certificates are not guaranteed by the U.S. government.
C) interest on FNMA certificates is taxable at all levels.
D) FNMA stock is publicly traded on the NYSE.
Answer:
A) FNMA is owned by the U.S. government.
Explanation:
Federal National Mortgage Association (FNMA) also commonly referred to as "Fannie Mae" is a government-sponsored enterprise (GSE) that provides services such as purchasing mortgages from lending institutions so as to expand the secondary mortgage market or effectively boost affordable lending activity at the lending institutions. It was founded as part of the "New deal" during the Great Depression in 1938.
All of the following statements regarding the Federal National Mortgage Association (FNMA) are true;
1. FNMA pass-through certificates are not guaranteed by the U.S. government.
2. Interest on FNMA certificates is taxable at all levels.
3. FNMA stock is publicly traded on the NYSE.
However, it is false or incorrect to say that the FNMA is owned by the United States of America (USA) government.
The Federal National Mortgage Association (FNMA) is only being sponsored by the U.S government under the umbrella of the Federal Housing Finance Agency (FHFA).
Some shows are produced specifically for the syndication market. These are known as ________ syndication.
Answer: First-run syndication
Explanation:
Syndication refers to when multiple television and radio stations are able to lease the rights to a program without them having to do so through a broadcast network.
First-run syndication means that a show was first broadcast on several television stations because it was made to be broadcast as such. In other words the creators produced it specifically for the syndication market or purchased the rights from another country and then sold it into syndication in a country in which it was broadcasting for the first time.
Answer:
First-run syndication
Explanation:
Syndication refers to when multiple television and radio stations are able to lease the rights to a program without them having to do so through a broadcast network.
First-run syndication means that a show was the first broadcast on several television stations because it was made to be broadcast as such. In other words, the creators produced it specifically for the syndication market or purchased the rights from another country and then sold it into syndication in a country in which it was broadcasting for the first time.
Suppose a brand has a heavy usage index of 1.5, penetration share of 0.6 and a market share of 15%. What is the share of wallet
Answer:
0.167
Explanation:
Given the following :
Heavy usage index = 1.5
Penetration share = 0.6
Market share = 15%
Using the formula:
Heavy usage index =
market share % / [Penetration share * share of wallet]
1.5 = 15% / [0.6 * share of wallet]
1.5 × [0.6 × share of wallet] = 15%
0.9 × share of wallet = 15%
Divide both sides by 0.9
Share of wallet = 15% / 0.9
Share of wallet = 0.15 / 0.9
Share of wallet = 0.16666
Share of wallet = 0.167
A dean at NYU has a guaranteed salary of $120, 000 at the end of each year for the next five years at which point they are scheduled to retire. The school would like the dean to retire now. How much should the school offer today? Suppose current interest rates are 1.5% at all maturities.
Answer:
the school should offer $573,917.40 today.
Explanation:
The amount to be offered today is known as the Present Value and is calculated as :
Pmt = $120, 000
Fv = $0
P/yr = 1
n = 5
r = 1.5%
Pv = ?
Using a Financial Calculator, the amount that the school should offer today, PV is $573,917.40.
Two products, QI and VH, emerge from a joint process. Product QI has been allocated $12,300 of the total joint costs of $33,000. A total of 1,900 units of product QI are produced from the joint process. Product QI can be sold at the split-off point for $13 per unit, or it can be processed further for an additional total cost of $11,000 and then sold for $15 per unit. If product QI is processed further and sold, what would be the financial advantage (disadvantage) for the company compared with sale in its unprocessed form directly after the split-off point?
Answer:
Profit from selling at the split-off point = $13 x 1,900 units = $24,700
Profit from Processing further: = $15 x 1,900 - Processing total cost of $11,000
= $28,500 - $11,000
= $17,500
Comparison
$24,700 - $17,500
=$7,200
There is a decrease in overall profit
Conclusion: If product QI is processed further and sold, then overall profit will decrease by $7,200.
Smith Company makes and sells a single product called a Pod. Each Pod requires 1.4 hours of labor at a labor rate of $9.60 per hour. Smith Company needs to prepare a Direct Labor Budget for the second quarter of the year. In June the company has budgeted to produce 22,000 Pods. The finished goods inventory on June 1 and June 30 were budgeted at 500 and 800 units, respectively. Budgeted direct labor costs incurred in June would be:
A. $470,400
B. $295,680
C. $240,000
D. $211,200
Answer:
Total direct labor costs= $295,680
Explanation:
Giving the following information:
Each Pod requires 1.4 hours of labor at a labor rate of $9.60 per hour.
Production= 22,000 Pods.
First, we need to calculate the total direct labor hours required:
Total direct labor hours= 22,000*1.4= 30,800 hours
Now, the total direct labor costs:
Total direct labor costs= 30,800*9.6
Total direct labor costs= $295,680
which of the following is most likely to perform all of the management functions
Answer:
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Explan
10. Which of the following is NOT normally regarded as being a good reason to establish an ESOP?
a. To make it easier to grant stock options to employees.
b. To help retain valued employees.
c. To increase worker productivity.
d. To help prevent a hostile takeover.
e. To enable the firm to borrow at a below-market interest rate.
Answer:
The answer for your question is the OPTION : E