Answer:
standing plans
Explanation:
Standing plans -
It refers to the programs , process or policies m which enables the project or business function to run smoothly , is referred to as standing plans .
The standing plans are initially made and then are modified according to the scenario and needs .
Hence , from the given information of the question ,
The correct term is standing plans .
If the poverty threshold for a family of four with two
children was $18,850 in 2004, then a family earning a total household income of
$354 per week would be counted as poverty-stricken because the family
would only get $18,408 per year and that is less than $18,850.
Answer: Purchase of outputs produced by the firm and in exchange receives wages for their labour from the firms.
Explanation:The circular flow of income is the flow of money, goods & services between economic agents. These economic agents are: the household, Firms and Government.
The Household spend its income on goods & services and also purchase outputs produced by firms and gets its inflow by providing factors of production to the firms.
The Firms spends its income on all factors of production( Labour, Capital, Raw materials) and gets its inflow from the sale of goods & services.
Government consist of the local state and federal whose income flows from the household and firm by way of taxes and flows out by way of grants, subsidies and purchase of goods & services.
Thank you! Happy New Year’s Eve
Answer:
Standard cost per pound= $34.21
Explanation:
The standard cost is the sum of direct material, direct labor, and total overhead. We will calculate each separate.
Direct material:
10 ounces cookie mix for $0.80= $8
5 ounces of milk chocolate for $4= $20
1 ounce of almonds for $12 the pound= $0.75
1 pound= 16 ounces
1 ounce= 0.0625*$12= $0.75
Direct labor:
1 minute in the mixing department
2 minutes in the baking department.
Mixing= $14.40* (1/60)= $0.24
Baking= $18*(2/60)= $0.6
Overhead:
Variable overhead is applied at a rate of $32.40 per DLH
Fixed overhead is applied at a rate of $60.00 per DLH.
Variable= 32.40 * (3/60)= $1.62
Fixed= 60* (3/60)= $3
Standard cost per pound= (8 + 20 + 0.75) + (0.24 + 0.6) + (1.62 + 3)= $34.21
