Answer:
31.42%
Explanation:
The computation of the estimate of the percentage reduction in present overhead costs per month is shown below:-
n = log s ÷ log2
= log 0.90 ÷ log 2
= -0.152
Now we will use the learning curve equation which is here below:
Z30 = 1.15X × 30^(-0.152)
= 0.685765148
So, the cost is reduced by
= 1 - 0.685765148
= 0.314234852
or
= 31.42%
Explanation:
economics of scale can be defined as the growth of a firm as a result of the expansion of the volume of productive capacity resulting in the increase in output and a decrease in its cost of production per unit of output
Answer:
18,900 units were produced during the period
Explanation:
General, selling, and administrative expenses does not make part of the Manufacturing Overhead Costs so the calculation of the units is as follow:
(Direct materials + Wages for production workers + Lease payments, utility costs, and depreciation on factory equipment) / the average cost to produce one unit
( $28,810 + $49,900 + $13,900) / $4.90 = $92.610,00 / $4.90 = 18,900
Answer:
chronologically
Explanation:
The important documents for the business organization i.e. bank statements, reports of business, tax records should be filed as per the subject and then it subdivided in a chronological manner i.e. one by one
These documents should be kept with proper care and diligence also the information related to these documents should not be disclosed out to any third party i.e. only authorized persons should be involved