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kirill115 [55]
2 years ago
14

The determination of the productivity of the inputs utilised in the manufacturing process is a critical component of management

decision making. As we will see, these metrics are advantageous for assessing the performance of a manufacturing process and making profit- maximizing input selections. Total product, average product, and marginal product are the three most significant metrics of productivity. Explain with appropriate example.

Business
1 answer:
Klio2033 [76]2 years ago
7 0

The significance of Total product, Average product, and Marginal product is that they show how effective, and efficient a manufacturing process is.

<h3>How do these metrics show productivity?</h3>

Taking the labor component in production as an example, one can see the impact of these metrics.

The total product will show just how much goods and services in total that the given amount of labor was able to produce. This gives management an idea of the effectiveness of the labor in producing goods and services.

The average product then shows how efficient labor is because it gives an idea of the products produced per labor.

Marginal product is very important as well because it helps management to know when to stop hiring labor. This point will be the production level that sees the marginal product being less than the cost of hiring additional labor.

These three metrics are therefore important to management because they help to determine effectiveness, efficiency, and cost of production.

Find out more on marginal product at brainly.com/question/24698689.

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XYZ, Inc. has a beta of 1.06. The risk-free rate is 6 percent and the expected return of the market is 15.25 percent. What is XY
cestrela7 [59]

Answer:

15.8%.

Explanation:

Calculation for XYZ's cost of equity using the CAPM

Using this formula

Cost of equity = Rrf + βi[E(Rm) - Rrf]

Let plug in the formula

Cost of equity= 6% + 1.06×[15.25% - 6%]

Cost of equity= 6% + 1.06×9.25%

Cost of equity= 15.8%

Therefore the Cost of equity will be 15.8%

4 0
3 years ago
The annual depreciation taken on a vehicle totals $4,400. The vehicle has been in service for three full years and the adjusting
KonstantinChe [14]

Answer:

Depreciation expense =  $4,400

Accumulated depreciation = $13,200

Explanation:

Depreciation: The depreciation is the amount which decreases the value of the asset. It can be by obsolescence, usage, tear and wear, etc.

The annual depreciation is given i.e. $4,400 which will be charged in depreciation expense whereas the accumulated depreciation would be equal to

=  Annual Depreciation × useful life

= $4,400 × 3

= $13,200

5 0
3 years ago
Christian Wolff, an infamous accountant (and martial artist), is injured while shutting his computer desk drawer in his office a
elena55 [62]

Answer:

D

Explanation:

Whether or not workers compensation applies to this situation depends on the office policy regarding the proper closing of computer desk drawers.

6 0
3 years ago
Duke Company has net fixed assets of $400,000, short-term liabilities of $30,000, long-term liabilities of $20,000, common stock
ycow [4]

Answer:

option (b) 20

Explanation:

Data provided in the question:

Net fixed assets = $400,000

Short-term liabilities = $30,000

Long-term liabilities = $20,000

Common stockholders' equity = $90,000

Total stockholders' equity = $100,000

Now,

Ratio of fixed assets to long term liabilities

= Net Fixed assets ÷ Long term liabilities

or

= $400,000 ÷ $20,000

= 20

Hence,

The correct answer is option (b) 20

3 0
3 years ago
If you borrow $25,000 from a local finance company and you are required to pay $4,424.50 per year for 10 years, what is the annu
djyliett [7]

Use this formula:

A= P(1+rt),

A is the final investment amount (4424.50x10)

P is the principal amount (25,000)

r is the rate of interest (annual)

t is the time period (10)

If A= P(1+rt),

then (1+rt) = A/P.

(1+r(10)=( 44,245)/25,000

10r=1.7698-1

r=.7698/10

<span>r=.07698 or 7.698%</span>

3 0
2 years ago
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