Answer:
The correct answer is the second option: False.
Explanation:
To begin with, the well known term of <em>"Diminishing Marginal Productivity"</em> is understood to be an economic law whose main purpose is to explain that given a certain level of an input, the production of the company will start to go down eventually after adding more and more of that variable. Therefore that this theory states that when a company adds more of a factor of production, everything else constant, when it reaches a certain level that input will start to affect the output of the good and with it the profits of the business. That is why that if the company is in a situation of diminishing marginal productivity the senior management would not be pleased.
That would be a Bass Drum
Answer:
Allocated MOH= $158,000
Explanation:
Giving the following information:
The standard direct labor quantity is 4 hours per lamp, and the company produced 9,800 lamps in January. This required 39,500 direct labor hours.
Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base
Allocated MOH= 4*39,500= $158,000
a house, duh, clothing can be hung and stored, potato chips are bagged, a magazine is almost useless, but a house needs plants trimmmed and rooms cleaned and taking care of bugs and such
Answer:
His business will most likely be classified as C. Service business
Explanation:
Mondie Weller will be paid for residential landscaping services.The best classification will be a Service Business since the value the client gets varies from client to client as per their needs. Also there is no conversion of inputs into output so it will be incorrect to call it a Manufacturing Business.