Answer:
Standard rate per direct labor-hour = $15.9355
Explanation:
Given:
labor wage = $10.95 per hour
Employment tax rate = 9%
Fringe benefit = $4.00 per-hour
Standard rate per direct labor-hour = ?
Computation of standard rate per direct labor-hour:
Employment tax = labor wage × Employment tax rate
Employment tax = $10.95 per hour × 9%
Employment tax = $10.95 × 0.09
Employment tax = $0.9855
Standard rate per direct labor-hour = labor wage + Employment tax + Fringe benefit
Standard rate per direct labor-hour = $10.95 + $0.9855 + $4.00
Standard rate per direct labor-hour = $15.9355
After demonstrating the ROI from current year, we should showcase the value of our initiatives, campaigns and goals for coming year.
Decision-makers are people who will decide if the presented budget for the financial year is worthy of approval.
- The presenter is responsible for explaining what the budget entails with necessary document to convince the decision-makers.
In conclusion, after demonstrating the ROI from current year, we should showcase the value of our initiatives, campaigns and goals for coming year.
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Answer:
0987654 im
Explanation:
just doing this for points
Answer:
Someone gives up going to see a movie to study for a test in order to get a good grade. The opportunity cost is the cost of the movie and the enjoyment of seeing it.
At the ice cream parlor, you have to choose between rocky road and strawberry. When you choose the rocky road, the opportunity cost is the enjoyment of the strawberry.
A player attends baseball training to be a better player instead of taking a vacation. The opportunity cost was the vacation.
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The benefit that john gets from eating an additional grape is called the marginal utility of the grape
Marginal utility is the added satisfaction that a consumer gets from having one more unit of a good or service. The concept of marginal utility is used by economists to determine how much of an item consumers are willing to purchase.
The main types of marginal utility include positive marginal utility, zero marginal utility, and negative marginal utility. Consumers often experience higher marginal utility when marginal cost is lower. In this case the extra grape consumed is the added satisfaction that is experienced by john.The positive marginal utility indicates that every unit of goods or services consumed will increase the overall utility level.
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