Answer: Efficiency wage theory
Explanation:
The efficiency wage theory is refers to the labor economics that argues about the wages fir the labor or workers in the market.
The main aim of the efficient wage theory is that it helps in increase the efficiency and the labor productivity by reducing the cost of the turnover in industries.
This theory is mainly developed by the Alfred Marshall as they denote the wages per unit labor efficiency. Therefore, the efficiency wage theory is the correct answer.
Answer:
total interest = $1125
Explanation:
given data
principal = $27,000
rate = 5 %
time = 10 months
to find out
total interest
solution
we get here total interest that is express as
total interest = principal × rate × time ....................1
put here value and we get
total interest = $27,000 × 5 % ×
total interest = $1125
Answer:
D.
Explanation:
If Stephanie knows that the interest rates are dropping and are expected to continue to do so, she may feel that the ARM is her best option. However, interest rates that go down will always come back up, and most likely surpass the previous high rate. If said rate increases to an amount out of her budget, the adjustable-rate mortgage would be the less attractive method.
Answer:
Average variable cost = $4 per can opener
Explanation:
The total cost is a function of the total fixed cost plus the total variable cost. If the total cost to produce 7000 can openers was $45000 and the total fixed cost was $17000, we can calculate the total variable cost to be,
Total variable cost = Total Cost - Total Fixed Cost
Total Variable cost = 45000 - 17000
Total Variable cost = $28000
The average variable cost per unit can be calculated by dividing the total variable cost incurred divided by the total number of units produced.
Average variable cost = 28000 / 7000
Average variable cost = $4 per can opener
Answer:
d. multiplying units to be produced by direct materials per unit.
Explanation:
To determine the total direct material, key parameters required are the direct material cost per unit and the number of units to be produced. The product of these two parameters gives the direct material cost required for production.
For example, if there are 10 units of an item to be produced and the direct material cost per unit is $4, the direct material cost needed for production is $40 derived from the product of the number of units and the direct material cost per unit.
Therefore, the right option is d. multiplying units to be produced by direct materials per unit.