The Federal Open Market Committee can act almost immediately.
Answer:
mission statement
Explanation:
A company's mission statement defines the reason why the company exists; what is its business (what product or service they provide), its objectives (or goals) and how they will reach these objectives. It should also include who's needs they are satisfying (target market).
Answer: I think the train fare.
Explanation:
Not sure if answer is correct. Sorry if I am wrong.
Answer: C. No, because the federal rules permit service under the rules of the state in which service will be effected.
Explanation:
The case was filed in federal court so the rules regarding the service of the summons will be according to the rules of federal courts.
Rule 4 of the Federal Rules of Civil Procedure allows for the service of a summons to be based on the service rules of the state where the service is to be made. As the service was done in State A and State A allows service to be at defendant's place of business, proper procedure was followed and so the court will not dismiss the action.
Answer:
Contribution margin per production hour
Product X = $12
Product Y = $15
Explanation:
Part 1
Contribution margin per production hour
Contribution margin per production hour = Contribution ÷ Time to produce one product
Therefore,
Product X = $6 ÷ 0.5
= $12
Product Y = $5 ÷ 0.33
= $15
Part 2
The Demand Units of Product X and Product Y are missing so the calculation of profitable sales mix is impossible.
This mix would have been calculated by :
- Manufacturing all the units of Product Y since Y has the highest contribution margin per production hour (demand for Y × hours required per unit)
- With the remainder of hours out of 4,700 after producing all of Product Y demand, we would then produce Product X.