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3 years ago

A manufacturing company has budgeted production at 940 units for the month. Each unit requires 3.5

1 answer:

5 0

The total cost of direct labor for the month will be $ 49350, if the company has budgeted production at 940 units for the month, each unit requires 3.5 hours of labor to produce and the average labor rate is $15 per hour.

Explanation:

The given is,

Total units produced in a month

= 940 unit per month

Time for each unit

= 3.5 unit per hour

Labor rate = $15 per hour

Step:1

Total Labor working hours for 940 units,

= Total units × Time for each unit

= 940 × 3.5

= 3290 hours

Step:2

Labor cost total working hours

= Total Labor working hours × Labor cost per hour

= 3290 × 15

= $ 49350

Result:

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inysia [295]

Answer:

Self selection.

Explanation:

Marketing can be defined as the process of developing promotional techniques and sales strategies by a firm, so as to enhance the availability of goods and services to meet the needs of the end users or consumers through advertising and market research. Thus, it comprises of all the activities such as, identifying, anticipating set of medium and processes for creating, promoting, delivering, and exchanging goods and services that has value for customers. It typically, involves understanding customer needs, building and maintaining healthy relationships with them in order to scale up your business.

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In this scenario, advertising relies on self selection.

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3 years ago

Sparks Corporation has a cash balance of $19,500 on April 1. The company must maintain a minimum cash balance of $16,000. During

Ganezh [65]

Answer:

Cash borrow = 10500

so correct option is a. $10,500

Explanation:

given data

Ending cash balance = $16,000

Beginning cash balance = $19,500

expected cash receipts = $68,000

Cash disbursements = $82,000

solution

we know that Ending cash balance is express as

Ending cash balance = Beginning cash balance + Cash receipts - Cash disbursements + Cash borrow .............................1

we get here Cash borrow put here value

$16,000 = $19,500 + $68,000 - $82,000 + Cash borrow

solve it we get

Cash borrow = 10500

so correct option is a. $10,500

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3 years ago

Jack recently took out a loan from Diane at an interest rate of 4 percent. Diane expected this year’s inflation rate to be 1 per

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The complete question has been added with an image for better understanding of the concept. The beneficiaries of the inflation and interest rates will be,

When inflation is 1 percent, Diane will benefit more than Jack;
When inflation is 0 percent; Diane will benefit more than Jack;
When inflation is 4 percent; Jack will benefit more than Diane;
When inflation is -2 percent; Diane will benefit more than Jack.

<h3>What is inflation?</h3>

A given increase in rates or prices of any commodity, including monies, over a particular financial period is known as inflation.

The rates and beneficiaries due to the unexpected change in inflation for the above situation is given attached in the image in the form of a table.

Hence, the significance of inflation is as mentioned.

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1 year ago

) A company finds that consumer demand quantity changes with respect to price at a rate given by D'(p) = - 2000 p 2 . Find the d

Stells [14]

Answer:

D(p) = 2,000 ÷ Price + 434

Explanation:

The computation of the demand function is shown below:-

Number of units of the product = 3000 ÷ Price + C

834 = 2,000 ÷ $5 + C

834 = 400 + C

C = 834 - 400

C = 434

So, D(p) = 2,000 ÷ Price + 434

Therefore for computing the demand function we simply applied the above formula also we considered all the given information mentioned in the question

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3 years ago

Suppose you bought a house for $3,250,000 to make it a nursing home in the future. But you have not committed to the project and

Anna71 [15]

Answer:

$3,716,050

Explanation:

FV = PV × (1 + i)∧n

Present Value (PV) 3250000

Interest Rate (i) 0.015

Number of years (n) 9

(1 + 0.015) ∧ 9

3,250,000 x 1.1434

=$3,716,050

5 0

3 years ago