<span>The percentage of work force involved in primary and secondary activities is probably equal to or less than 30%. In an economy like Singapore, development has been really fast due to which service sector particularly tourism accounts a major share. Hence the workforce involved in primary and secondary activities is declining and the share of workforce in these activities is approx 30% of the total workforce.</span>
Answer:
Option A
Explanation:
In simple words, Valence is individuals mental attitude towards result in second order. In this situation, the consequence of the first requirement is title earning and the consequence of that same second order is really the monetary support the competitors receive from either the USOC. Motivational Force (MF) = Survival rate * Instrumentality * Valence as according to Vroom's expectation principle.
Answer:
The computations are shown below:
Explanation:
a. The computation of the economic order quantity is shown below:
= 229 units
The carrying cost is come from
= $2.40 × 20%
b. Time between placement of orders is
= Economic order quantity ÷Annual demand
= 229 ÷ 280
= 0.8179 years
So,
= 0.8179 × 365 days
= 298.53 days
We assume 365 days in a year
c. The average annual cost of ordering cost and carrying cost equals to
= Holding cost + ordering cost
= (Economic order quantity ÷ 2 × Holding cost) + (Annual demand ÷ Economic order quantity × ordering cost)
= (229 units ÷ 2 × $0.48) + (280 ÷ 229 units × $45)
= $54.96 + $55.02
= $109.98
d)
Now the reorder level is
= Demand × lead time + safety stock
where, Demand equal to
= Expected demand ÷ total number of weeks in a year
= 280 pounds ÷ 52 weeks
= 5.38461
So, the reorder point would be
= 5.38461 × 3 + $0
= 16.15 pounds
Answer:
Spending variance will be equal to -729
Explanation:
We have given wages and salary is $2060 per month plus $442 per birth
We have given total number of birth = 117
So standard cost = $2060+117×$442 = $53774
Actual wages and salary for the month is = $54500
We have to find the spending variance
Spending variance is given by
Spending variance = Standard cost - actual cost = $53774 - $54500 = -729
So spending variance will be equal to -729
Answer:
<u>Current Ratio = 2; Yes</u>
Explanation:
First, to solve for current ratio, simply divide the current assets by the current liabilities.
So the current ratio would be $30,000 / $15,000 resulting to <em><u>2</u></em>
Now, a current ratio greater than one means that <u>Mister Ribs will be able to pay its current liabilities as they come due in the next year.</u>
However, because the current ratio at any one time is just a snapshot, it is usually not a complete representation of a company’s liquidity or solvency.
