Answer:
The productivity increased from 0.89 carts pwe worker per hour to 0.93 arts per worker per hour.
Explanation:
5 worked make 80 carts per hour
Worker receive $10 dollar per hour = $50 dollars wages epxense
Machine cost $40 dollar per hour
A worked is crow-out from factory and the equipment cost increased by $10
The total cost still is $90 dollars but the output now is 84 carts
Labor Productivity (before purchase of new equipment)
80 carts
(5 wkrs .∗$ 10 per hr .)+$ 40
= 0.89 carts per worker per hour
Labor Productivity (after purchase of new equipment)
84 carts
(4 wkrs .∗$ 10 per hr .)+$ 50
= 0.93 carts per worker per hour
<u>Question missing:</u>
Compute labor productivity under each system (before and after the purchase of new equipment). <u>Use carts per worker per hour</u> as the measure of labor productivity.
Answer: B. Offering promotions C. By advertising D. Cultivating brand loyalty
Explanation:
Prior to the studies of Hawthorne, it has been studied that
the managers had pay little attention of the role in human behavior when it
comes to making decisions because they are likely focus more about their line
of work and the progress rather than having to use their own behavior as a
human and whether which are acceptable and not.
Answer:
Cost-plus pricing is a pricing strategy in which the selling price, of goods and services, is determined by adding a specific fixed markup percentage to a singular product's unit cost.
Answer:
$125,000
Explanation:
The sales were $500,000
The variable cost of goods sold is $300,000
The variable selling and administrative expenses were $75,000
The fixed costs were $60,000
Therefore the contribution margin ratio using the variable costing can be calculated as follows
CMR= Sales revenue-Variable cost of good sold-The variable selling and administrative expenses
= $500,000-$300,000-$75,000
= $200,000-$75,000
= $125,000
Hence the contribution margin ratio is $125,000
