Answer:
40.22 hours
Explanation:
The computation of the time taken as follows:
= 26 minutes × 91 units
= 2,366
In hours
= 2,366 ÷ 60 minutes
= 39.43
The total time taken for machine step is
= 16 + 23
= 39 minutes
So, the total time taken is
= 39.43 + 39 minutes
= 40.22 hours
Given:
Beginning inventory = $38,600
Ending inventory = $47,000
To find: average inventory amount
Solution:
Average inventory = (Beginning inventory + Ending inventory) / 2
($38,600+$47,000) / 2 = $42,800
Average inventory amount = $42,800
Answer:
Sunk cost
Explanation:
-Incremental cost is the total cost of producing an additional unit.
-Sunk cost is a cost that has already been paid and that it is not possible to get it back.
-Out-of-pocket cost is a cost that requires a direct payment in the actual period.
-Opportunity cost is the cost of not receiving a benefit when you choose an alernative over another one.
-Period cost is a cost that is not associated with the production of goods.
According to this, the answer is that the $14 per unit is a sunk cost because the company has already spent that manufacturing the products and it is not able to recover that money.
Answer:
Explanation:
A Living Document. A business plan is often referred to as a “living document”. This is because a these plans are constantly changing. Whenever new developments in competition, marketing tools, the legal factors which relate to an industry, or others change a business plan must be updated so as to keep relevant.
Answer:
$6.90 million
Explanation:
The computation is shown below:
Given that
The Reserve requirement is 11.69%
And, the money supply is $59 million
Based on the above information
First the money multiplier should be find out i.e.
= 1 ÷ 0.1169
= 8.55
Now the amount that need to buy is
= $59 ÷ 8.55
= $6.90 million
Hence, the federal reserve required to purchase $6.90 million worth of bonds