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3 years ago

Look at the scenario Linear Production Possibility Frontier. What is the maximum number of pairs of socks Largetown can produce?

Business

1 answer:

LenaWriter [7]3 years ago

8 0

Answer:

A) 40

Explanation:

The chart is not very clear, but the information included is:

it takes four hours to produce one shirt
it takes two hours to produce one pair of socks

If the total number of labor hours is 80, then the maximum number of socks produced will = 80 hours / 2 hours per pair of socks = 40 pairs of socks

The total number of shirts produced would be 20.

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The balance of cash at the beginning of the year was $120,000, and at the end of the year was $140,000. Assuming operating cash

saul85 [17]

Answer:

the financing cash flows is -$30,000

Explanation:

The computation of the financing cash flows is shown below;

Financing cash flows = Balance of Cash at the end of the year - (balance of cash at the beginning of the year + operating cash flow + investing cash flow)

= $140,000 - ($120,000 + $90,000 - $40,000)

= -$30,000

Hence, the financing cash flows is -$30,000

The same is to be considered

5 0

3 years ago

Organizational change can best be defined as ________.

Paul [167]

Organizational change can best be defined as any alteration of people, structure, or technology.

When an organization makes a change it is known as organizational change. When changing an organization you are making a change to the way the company runs. Changing any type of structure, technology or moving around how people work can make a change to the organization.

6 0

3 years ago

Rudd Clothiers is a small company that manufactures tall-men's suits. The company has used a standard cost accounting system. In

Leya [2.2K]

Answer:

Results are below.

Explanation:

To calculate the total, price, and quantity variance for direct material, we need to use the following formulas:

Direct material price variance= (standard price - actual price)*actual quantity

Direct material price variance= (4.4 - 4.15)*90,500

Direct material price variance= $22,625 favorable

Direct material quantity variance= (standard quantity - actual quantity)*standard price

Direct material quantity variance= (8*11,250 - 90,500)*4.4

Direct material quantity variance= $2,200 unfavorable

Total direct material variance= 22,625 - 2,200= $20,425 favorable

To calculate the total, rate, and efficiency variance for direct labor, we need to use the following formulas:

Direct labor time (efficiency) variance= (Standard Quantity - Actual Quantity)*standard rate

Direct labor time (efficiency) variance= (1.2*11,250 - 14,250)*13.4

Direct labor time (efficiency) variance= $10,050 unfavorable

Direct labor rate variance= (Standard Rate - Actual Rate)*Actual Quantity

Direct labor rate variance= (13.4 - 14.1)*14,250

Direct labor rate variance= $9,975 unfavorable

Total direct labor variance= -10,050 - 9,975= $20,025 unfavorable

5 0

3 years ago

An employer establishes a physical exercise area in the workplace and encourages all employees to use it. This is an example of

padilas [110]

Answer: Primary prevention

Explanation: Primary prevention precedes disease and applies to healthy clients. It is a level of health promotion that is concerned with reducing the incidence and prevalence of diseases. This is achievable because it focuses on preventing the disease before it develops and spreads across the population. Some examples of primary prevention include vaccination, immunization and frequent exercise. The later is what the employer aims to achieve by establishing a physical exercise area in the workplace and encouraging all employees to use it.

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3 years ago

When demand for a good is ________, an increase in the price will increase total revenue?

elixir [45]

Demand is the quantity of good or services that consumers are willing and able to buy at a given price. Inelastic demand describes how much the demand of a commodity changes more than the price does, the demand of a product does not increase or decrease correspondingly with a fall or rise in its price. Therefore, when demand for a good is inelastic, an increase in the price will increase total revenue.

8 0

3 years ago