Answer:
$2.80 per chair
$2.25 per table
Explanation:
If cost is assigned at a rate based on direct labor hours, the total disposal cost for chairs and tables is, respectively:
The respective disposal cost per unit is:
Answer:
b. Specifications should not be set arbitrarily. If you set a specification to loosely, the customer will be dissatisfied or upset with the performance of what you provided, even though it meets the specification.
Explanation:
Specification is defined as a set of requirements that needs to be met when producing a product. They give a value that seperate this product from others in performance.
Specification should be narrowly defined as this will help effectively meet the customer needs.
When specifications are too loosely defined the product might not meet customer needs.
For example if a developer requires a laptop with high processing power and the company decides to provide a more generic and lower processing power, the target customer will not be satisfied
Answer would be record.
You keep their personal info in your records!
Answer:
a. The firm experiences constant returns to scale.
b. The firm experiences diseconomies of scale.
c. The firm experiences economies of scale.
Explanation:
To answer the question, the following are explained first:
1. Economies of scale: This occurs when a percentage increase in input by a firm leads to greater percentage increase in its output.
2. Diseconomies of scale: This occurs when a percentage increase in input by a firm leads to less percentage increase in its output.
3. Constant returns to scale: This occurs when a percentage increase in by a firm input leads to an equal percentage increase in its output.
From the question therefore, we have:
a. Outputs increase 15 percent: The firm experiences constant returns to scale since a 15 percentage increase in its input leads to an equal percentage increase in its output.
b. Outputs increase by less than 15 percent: The firm experiences diseconomies of scale since a 15 percentage increase in its input leads to a lsess than 15 percentage increase in its output.
c. Outputs increase by greater than 15 percent: The firm experiences economies of scale since a 15 percentage increase in its input leads to an a greater percentage increase in its output.
