Pioneering advertising is heavily used during the ____

A manufacturing company has budgeted production at 940 units for the month. Each unit requires 3.5

USPshnik [31]

The total cost of direct labor for the month will be $ 49350, if the company has budgeted production at 940 units for the month, each unit requires 3.5 hours of labor to produce and the average labor rate is $15 per hour.

Explanation:

The given is,

Total units produced in a month

= 940 unit per month

Time for each unit

= 3.5 unit per hour

Labor rate = $15 per hour

Step:1

Total Labor working hours for 940 units,

= Total units × Time for each unit

= 940 × 3.5

= 3290 hours

Step:2

Labor cost total working hours

= Total Labor working hours × Labor cost per hour

= 3290 × 15

= $ 49350

Result:

The total cost of direct labor for the month will be $ 49350, if the company has budgeted production at 940 units for the month, each unit requires 3.5 hours of labor to produce and the average labor rate is $15 per hour.

5 0

2 years ago

True or False: If Van's Fire Engines were a competitive firm instead and $105,000 were the market price for an engine, decreasin

S_A_V [24]

Answer:

False

Explanation:

As for the given instance, the market is not solely dependent on Van's Fire Engines, as it is a competitive market.

The supply and demand are inversely proportional and does not depend on change of price in a competitive market.

Accordingly even after decline in the price from $105,000 to $90,000, the production quantity will not be affected similarly with the same proportion.

Further, Total revenue might be affected as with decrease in price might light to more sale, and there might be slight change both upward or downward in such sales revenue.

But since the change will never be in same proportion to change in price.

Thus, the statement above is false.

5 0

3 years ago

You own $5,000 shares of stock that currently sells for $30 a share. There are 2 million shares outstanding. The firm has announ

maxonik [38]

Answer:

percentage of ownership:

before 0.25%

after 0.30%

Value of the investment:

5,000 stock x $30 = 150,000

Explanation:

To get the currnet percentage of ownership:

portfolio stock / shares outstanding

5,000 stock / 2,000,000 = 0.0025 = 0.25%

Now, for the escenario after the repurchase:

First, how many shares were repurchased:

10,000,000 / 30 = 333,333 stock repurchased

Then, how many are outstanding:

2,000,000 - 333,33 = 1,666,667

Last, the new percentage of ownership

5,000 stock / 1,666,667 = 0.02999 = 0.30%

value of the investment:

5,000 stock x $30 = 150,000

8 0

3 years ago

Which of the following are basic tendencies in personality and which are characteristic adaptations? a. Basic Tendencies Carol w

Liono4ka [1.6K]

Answer: The basic tendencies in personality are in the following case:

1. Carol

2. Devon

and the characteristic adaptions are as follows:

1. Bob

2. Lauren

3. Jeanne

Explanation: Characteristic adaptions are the changes in the behavior with the change in situational demands based on skills and roles. It includes the motives, plans, goals, strategies,values, developmental tasks, etc. It represents the psychological core of the individual.

Traits theorists believe that personality can be studied on the basis of habits, trend or characteristics. Trait theory of personality says that the personality is based biologically.

6 0

3 years ago

Read 2 more answers

In 2011 modern electronics produce 60,000 calculators, employing 80 workers, each of whom worked 8 hours per day. In 2012, the s

disa [49]

Answer:

a. decreased by 4%

Explanation:

In 2011 modern electronics produce 60,000 calculators, employing 80 workers, each of whom worked 8 hours per day. In 2012, the same firm produce 76,500 calculators, employing 85 workers, each of whom worked 10 hours per day. Productivity at Modern Electronic increased by

In 2011 - 60,000 / (80 x 8) = 93.75 units per hour

In 2012 - 76,500 / (85 x 10) = 90 units per hour

(93.75 - 90) / 93.75 = 4% decrease

8 0

3 years ago

Pioneering advertising is heavily used during the _____ of the product life cycle.