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irga5000 [103]
3 years ago
15

Which kind of norm is so deeply ingrained that the very thought of breaking it brings feelings of disgust or horror?

Business
1 answer:
kari74 [83]3 years ago
6 0
Cultural mores, are unwritten social expectations that are deeply ingrained into a culture
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Elite Stationary employs 20​ full-time employees and 10 trainees. Direct and indirect costs are applied on a professional​ labor
kolezko [41]

Answer:

Since cost per hour of full-time employees is $150, while cost per hour of trainees $27, clients using proportionately more​ full-time employees than trainees will​ <u>be under billed or charged for the resources or labor hour used</u>.

Explanation:

The data in the question are merged and they are first separated before answering the question as follows:

Details                                                  Budget                Actual

Indirect costs ​                                     $250,000 ​             $400,000

Annual salary of each employee ​     $200,000 ​             $250,000

Annual salary of each trainee ​             $40,000 ​               $45,000

Total professional​ labor-hours         ​40,000 dlh ​            50,000 dlh

In normal costing system, actual costs are used.

Therefore, labor hours for each category and cost per hour can be calculated as follows:

Full-time employees total labor hours = (20/30) * 50,000 = 33,333 hours

Each full-time employee annual labor hour = 33,333/20 = 1,667 hours

Cost per hour of full-time employees = $250,000/1,667 = $150 per hour

Trainee total labor hours = (10/30) * 50,000 =  16,667 hours

Each trainee annual labor hours = 16,667/10 = 1,667 hours

Cost per hour of trainees = $45,000/1,667 = $27 per hour

Since cost per hour of full-time employees is $150, while cost per hour of trainees $27, clients using proportionately more​ full-time employees than trainees will​ <u>be under billed or charged for the resources or labor hour used</u>.

5 0
3 years ago
Let’s assume that we are about to appraise a house using the cost approach. The home was originally constructed in the early 190
guajiro [1.7K]

Answer:

$290,000

Explanation:

We start with the cost of building a replica of the house:

building a new house:                 $350,000

plus highest and best use             $25,000

minus perceived value loss          ($20,000)

minus physical deterioration        ($50,000)

<u>minus building obsolescence       ($15,000)  </u>

appraised value                            $290,000

8 0
3 years ago
You are a newspaper publisher. You are in the middle of a one-year rental contract for your factory that requires you to pay $50
Anettt [7]

Answer and Explanation:

The computation is shown below:

Fixed cost is

= $500,000 + $1,000,000

= $1,500,000

And, the marginal cost is

= $0.25 + $0.10

= $0.35 per paer

Now

as we know that

AFC = FC ÷ Q

Now for At 1,000,000 papers,

AFC is

= 1,500,000 ÷ 1,000,000

= $1.50/mo

At 800,000 , it would be

AFC = 1,500,000 ÷ 800,000

= $1.875/mo

MC = $0.35 per paper  and the same is not changed

Now for break even, the average total cost is

ATC = AFC + AVC

ATC = FC ÷ Q + VC ÷ Q

VC = MC × Q

ATC = FC ÷ Q + MC

ATC = FC ÷ Q + 0.35

At Q = 1,000,000,

ATC = 1.50 + 0.35

ATC = $1.85

At Q = 800,000 , it would be

ATC = 1.875 + 0.35

=  $2.225

As it can be seen that

The AFC changes from 1.50 to 1.875 which shows an increment of 0.375.

The MC remains constant or same  at 0.35 as the printing and delivery costs per paper are remain same

And, The minimum amount that we must charge to break even rises i.e. from 1.85 to 2.225. That is a rise of 0.375

6 0
3 years ago
According to the "marketing rules" we discussed in class, if you cannot be first in a product category, Group of answer choices
ozzi

Answer:

B) change your promotional campaign

Explanation:

A company should advertise that it is the no.1 selling product X in the market

8 0
3 years ago
Turner, Roth, and Lowe are partners who share income and loss in a 2:3:5 ratio (in percents: Turner, 20%; Roth, 30%; and Lowe, 5
solong [7]

Answer:

The capital deficiency of $33,000 will be shared between Turner and Roth in the proportion of their income and loss sharing ratio of 2:3.

Turner will need to further contribute $13,200 ($33,000 x 2/5)

Roth will contribute $19,800 ($33,000 x 3/5)

Lowe is a limited partner and will not contribute to the capital deficiency.

Explanation:

Lowe as a limited partner is a part-owner of the partnership but his liability for the firm's debts cannot exceed $32,000 being the amount that has invested in the company.  As a silent partner, Lowe does not participate in the management of the company.

The Limited Partnership of Turner, Roth, and Lowe is a partnership consisting of general partner(s) like Turner and Roth, who manage the business and have unlimited personal liabilities for the debts and obligations of the Limited Partnership and Lowe as the limited partner.  Whereas, Turner and Roth are in charge of the management of the company, Lowe is a silent partner.

5 0
3 years ago
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