Answer:
B. $6
Explanation:
Marginal revenue for the worker = change in wage ÷ change in quantity output
Change in wage = (40×$6) - (36×$6) = $240 - $216 = $24
Change in quantity output = 40 - 36 = 4
Marginal revenue for the worker = $24 ÷ 4 = $6
Answer:
Manson Industries
The total cost savings that Manson will realize by buying the assembly part instead of making it is:
($14,700), showing that more costs will be incurred.
Explanation:
a) Data and Calculations:
Make Buy
Variable cost per unit $5 $6
Fixed cost per unit 2 2
Total cost per unit $7 $8
Total units required 14,700 14,700
Total costs $102,900 $117,600
Cost saving = ($14,700)
b) Based on the above calculations, it benefits Manson more to produce the part internally than to buy from an outside supplier. There is a cost difference of $1 because the fixed costs will still be incurred whatever decision is taken.
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Answer:
Task-oriented
Explanation:
Task-oriented leaders focus on getting necessary tasks done to accomplish set objectives. These leaders are concerned with finding step-by-step solutions needed to meet set goals. The leaders will often define the roles required, put structures in place, organise necessary resources, and monitor progress towards accomplishing tasks within the team.
