Answer:
That would depend on the job that was done
Minimum wage would suffice depending on what state you're in
Or you could just look out for a friend and pay a fair price plus maybe something extra
Explanation:
Answer:
$418,550
Explanation:
Steps are shown below:
a. The computation of the economic order quantity is shown below:
= 
= 
= 2,040 units
b. The number of orders would be equal to
= Annual demand ÷ economic order quantity
= $52,000 ÷ 2,040 units
= 25.49 orders
c. The average inventory would equal to
= Economic order quantity ÷ 2
= 2040 units ÷ 2
= 1,020 units
d. The total cost of ordering cost and carrying cost equals to
Ordering cost = Number of orders × ordering cost per order
= 25.49 orders × $50
= $1,275
Carrying cost = average inventory × carrying cost per unit
= 1,020 units × $1.25
= $1,275
So, the total annual cost would be
= Purchase cost + ordering cost + carrying cost
= $416,000 + $1,275 + $1,275
= $418,550
Purchase cost = Annual demand × cost per unit
= 52,000 × $8
= $416,000
Answer:
$3,418,800
Explanation:
Contribution margin per hour:
Plush: 4 units per hour x $231 = $924
Supreme: 2 units per hour x $317 = $634
Since contribution margin per hour from Plush is higher than Supreme, we select Plush as the most profitable sales. Hence,
Total contribution = 3,700 hours available x $924 = $3,418,800
Hope this helps!
When it has a small population
In the short-run, fixed costs<u> all</u> with the quantity produced. Variable costs<u> at least some</u> with the quantity produced.
A Variable cost is a corporate price that changes in share to how plenty an employer produces or sells. Variable charges grow or decrease depending on an enterprise's manufacturing or income extent—they rise as manufacturing will increase and fall as production decreases.
Variable costs are charges that trade as the volume changes. Examples of variable costs are raw substances, piece-price labor, manufacturing resources, commissions, transport charges, packaging resources, and credit card expenses. In some accounting statements, the Variable costs of manufacturing are called the “fee of goods offered.”
Variable costs are prices that trade as the quantity of the good or carrier that a commercial enterprise produces modifications. Variable charges are the sum of marginal fees over all devices produced. They also can be taken into consideration in everyday expenses. Fixed charges and variable expenses make up the 2 components of general value.
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