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sp2606 [1]
3 years ago
13

A company is setting its direct materials and direct labor standards for its leading product. Direct materials cost from the sup

plier are $8 per square foot, net of purchase discount. Freight-in amounts to $0.10 per square foot. Basic wages of the assembly line personnel are $18 per hour. Payroll taxes are approximately 25% of wages. Benefits amount to $4 per hour. How much is the direct materials cost standard per square foot?
Business
1 answer:
podryga [215]3 years ago
5 0

Direct Material Cost Per Square Foot= 8+.1= 8.1 per square foot.

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Answer:

E) Bright: No dominant strategy, Sparkle: Strategy 1

Explanation:

The payoff matrix above shows the profits associated with the strategic decisions of two oligopoly firms, Bright Company and Sparkle Company. The first entries in each cell show the profits to Bright and the second the profits to Sparkle. What are the dominant strategies for Bright and Sparkle, respectively?

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Karl Corporation was organized on January 2, 2018. During 2018, Karl issued 40,000 shares at $24 per share, purchased 6,000 shar
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Answer:

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No, because the decision has already been made by the Board of Directors.

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The board's decision-making process is divided into two stages: communication and decision-making. Each director decides whether to incur a cost to communicate his information to others during the communication stage. At the decision-making stage, all directors take actions (e.g., vote) based on their private information and information inferred from the discussion, and the board makes a collective decision. Directors may have conflicts of interest and thus prefer a decision that is not in the best interests of the shareholders. Directors may also have a preference for conformity and thus incur a loss if their actions differ from those of other directors, such as voting differently than the majority.

Learn more about decision making here:

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A

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