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nikitadnepr [17]
2 years ago
10

Hat Tricks Company (HTC) is a Buffalo, New York, manufacturer of hats and gloves. Recently, the company purchased a new machine

to aid in producing the hat product lines. Production efficiency on the new machine increases with the workforce experience. It has been shown that as cumulative output on the new machine increases, average labor time per unit decreases up to the production of at least 3,200 units. As HTC’s cumulative output doubles from a base of 100 units produced, the cumulative average labor time per unit declines by a learning rate of 80%.
HTC has developed a new style of men’s hat to be produced on the new machine. One hundred of these hats can be produced in a total of 20 labor hours. All other direct costs to produce each hat are $19 per hat, excluding direct labor cost. Direct labor cost per hour is $60. Fixed costs are $8,000 per month, and HTC has the capacity to produce 3,200 hats per month.
Business
1 answer:
saul85 [17]2 years ago
3 0

The selling price per hat is mathematically given as

S=$62

<h3>What is the selling price per hat?</h3>

Direct labor hours required to produce first 100 hats=10hr

Direct labour cost =20hr*60$/hour = $1200

Other Direct cost =100hats*19$/hat = $1900

Total Direct cost. = $3100

Selling price is 200% of Direct production cost

$3100*200% = $6200

The selling price per hat = $6200 / 100hats

The selling price per hat = $62

In conclusion, The selling price per hat = $62

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Charity organisation has asked you to raise money for it by running a fete The organiser has given you a maximum amount to spend
Ahat [919]

Answer:

Charity fund should be handled with care as it is donor's money which should be handled with care. The amount of charity should be spent for the actual cause.

Explanation:

Charity fund is the money which should be handled with great care. The major fund of the charity should be attribute to the main cause and there should be proper record maintenance for every penny spent. The charity fund is the responsibility of the management and any donor can ask anytime about the money spent.

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3 years ago
Industry conditions change A. because of newly emerging industry threats and industry opportunities that alter the composition o
kap26 [50]

Answer:

E. because forces create pressures or incentives for industry participants (competitors, customers, suppliers) to alter their actions in important ways.

Explanation:

Industries can be described as different manufacturers producing a kind of particular goods or services.

Industry conditions are situations whereby there would be pressure among the compititors or customers in this industry which result to changing of their action in one way or the other which can influence the industry in positive or negative way.

We have different industries such as automobile, mining, food service and others.

8 0
2 years ago
What is a reason someone would want to include a savings in a budget?
katrin2010 [14]
Having a saving in the budget will one help obviously save more money for the household and it will build interest over the years.
7 0
3 years ago
Exercise 23-7 Rensing Ltd. estimates sales for the second quarter of 2017 will be as follows. Month Units April 2,600 May 2,470
swat32

Answer:

Raw materials purchases cost for May 10,160

Explanation:

May production

sales            2,470

ending          2,130

beginning   <u> (2,200) </u>(ending of April)

<em>units to be produced 2,400</em>

Raw material budget

production needs                      2,400

desired ending inventory

       2,600 x 70% =                     1,820

beginning inventory

      may production x 70%

      2,4000 x 70%  =                 (1,680)

total raw materials purchase     2,540

It will puchase raw materials for 2,540 units. Each units require $4 of raw materials.

total cost for raw materials:

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3 0
3 years ago
In business, a specific commitment to achieve a measurable result within a stated period of time is called a ______.
Romashka [77]

In business, a specific commitment to achieve a measurable result within a stated period of time is called a goal.

What is business?

The term business refers to the earning the profit. The business is the taking the risk and the earning the profit. The business are the mainly focuses to the activity of the creating, distribution and selling concept based.

Every business are the specific goal are the commitment to the short and the long period of the time are the measurable of the goal. The goal are the aim of the company to achieve in the future.

As a result, the business are the  to achieve a measurable result within a stated period of time is called a goal.

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4 0
1 year ago
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