Answer:
The profit margin earned if each unit requires two machine-hours is 25%
Explanation:
For computing the profit margin, first, we have to compute the estimated overhead rate per unit which is shown below:
Estimated Overhead rate = (Estimated manufacturing overhead costs) ÷ (estimated machine hours)
= ($240,000) ÷ (40,000 machine hours)
= $6
Now the profit per margin would equal to
= Selling price per unit - direct cost per unit - overhead cost per unit × number of required machine hours
= $20 - $3 - $6 × 2
= $5
Now the profit margin would equal to
= (Profit per unit) ÷ (selling price per unit) × 00
= ($5 ÷ $20) × 100
= 25%
OB is false. Hope that answers your question
Answer:
Therefore, An office is an important part of the organization in which different administrative and clerical functions are performed to achieve the objective of the organization. It has given importance to a functional area of business rather than a specific place. ... The office is the brain of an organization.
Answer: The correct answer is "c. A supervisor forms certain expectations of the employee.".
Explanation: The statement "A supervisor forms certain expectations of the employee." illustrates one of the steps in the self-fulfilling prophecy proccess because the beginning of the prophecy is when the supervisor generates expectations about how the future employee will work, these are often inaccurate because they are carried out with limited information.
Answer:
Full question: <em>On their birthdays, employees at a large company are permitted to take a 60-minute lunch break instead of the usual 30 minutes. Data were obtained from 10 randomly selected company employees on the amount of time that each actually took for lunch on his or her birthday. The company wishes to investigate whether these data provide convincing evidence that the mean time is greater than 60 minutes. Of the following, which information would NOT be expected to be a part of the process of correctly conducting a hypothesis test to investigate the question, at the 0.05 level of significance?</em>
<em>Answe</em><em>r: Since that the p-value is greater than 0.05, rejecting the null hypothesis and concluding that the mean time was not greater than 60 minutes. </em>
Explanation:
<em>From the given question let us recall the following statements:</em>
<em>Employees at a large company are permitted to take a 60-minute Lunch break instead of the 30 minutes.</em>
<em>Data was gotten from = 10 randomly selected company employees on the amount of time that each actually took for lunch on his or her birthday</em>
<em>Given that the p-value is greater than 0.05, rejecting the null hypothesis and concluding that the mean time was not greater than 60 minutes.</em>
<em>The company tries to investigate the data to know that the mean is greater than 60 minutes</em>
<em>the next step is to find the process of correctly conducting a hypothesis test to investigate the question, at the 0.05 level of significance</em>
<em>Therefore,</em>
<em>Since that the p-value is greater than 0.05, rejecting the null hypothesis and concluding that the mean time was not greater than 60 minutes. </em>
<em>Or</em>
<em>The P-value> 0.05</em>
<em>The mean time is not greater than 60 minutes</em>