Answer:
(a) 72
(b) 57.6
(c) 46.08
Explanation:
Given that,
Units produced = 1
Marginal Labor Time = 112.50
Units produced = 2
Marginal Labor Time = 90.00
First, we need to calculate the learning rate.
Learning Rate:
= (Marginal labor time for producing 2 units ÷ Marginal labor time for producing 1 units) × 100
= (90 ÷ 112.50) × 100
= 80%
At production level of 1 unit:
Marginal Labor time = 112.5
At production level of 2 units:
Marginal Labor time:
= Marginal Labor time at 1 unit × Learning rate
= 112.5 × 80%
= 90
(a) At production level of 4 units:
Marginal Labor time:
= Marginal Labor time at 2 units × Learning rate
= 90 × 80%
= 72
(b) At production level of 8 units:
Marginal Labor time:
= Marginal Labor time at 4 units × Learning rate
= 72 × 80%
= 57.6
(c) At production level of 16 units:
Marginal Labor time:
= Marginal Labor time at 8 units × Learning rate
= 57.6 × 80%
= 46.08
Answer:
The contribution margin statement is found below with a contribution margin of $149,800 and operating income of $145100
Explanation:
Contribution Margin Statement
Sales revenue ($720*700) $504000
Variable costs:
Cost of generators($470*700) ($329000)
Commission(5%*$504000) <u> ($25200)</u>
Contribution margin $149,800
Fixed costs
Rent ($3000)
Additional commission <u> ($1,700)</u>
Operating income $145100
Cost of rent is fixed as it is not depended on the quantity of generators sold.
Additional commission is fixed amount,so it is a fixed cost, while costs of buying generators as well as the commission of 5% are both variable costs.
A. :-P Most of the projects out there are aimed to help until families can afford things themselves. This goes for food stamps, unemployment, and other projects.
Answer: B) GNMAs are considered to be the riskiest of the agency issues
Explanation:
The Government National Mortgage Association (GNMA) or <em>Ginnie Mae</em> as they are popularly known, are a Federal agency that guarantee the payment of interest and principal on securities by lenders that are approved by the Agency.
As a result, these securities are backed, like Treasury Bills, by the full faith and credit of the United States Government which means that they are the safest of Agency issues.
The combination of product lines offered by a manufacturer is called the firm's product mix.
<h3>What is a product mix strategy?</h3>
The total number of product lines and distinct goods or services that a business offers is its product mix. Alternatively known as product portfolio or product assortment. Product combinations differ amongst businesses.
Four main product mix strategies are as follows:
- Expansion: A business adds more product lines or product depth (i.e., varieties) inside lines.
- Contraction: A business reduces the variety of its products to get rid of underperforming ones or to streamline the remaining ones.
- Change an Existing Product: A business makes improvements to an existing product rather than developing a brand-new one.
- Product differentiation: A corporation advertises a product as being a better option than a rival product without changing it in any manner.
Learn more about product mix strategy here:
brainly.com/question/13860227
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