Answer:
a.9.313hr
b.116.4%
c.104.0%
Explanation:
(a) Hstd= 75(7.45)/60 = 558.75/60 = 9.313 hr
(b) Ew= 9.313/8.0 = 1.164 = 116.4%
(c) Time worked = 480 – 13 = 467 min
Tc= (467 min)/(75 pc) = 6.227 min/pc
Tn= 7.45/(1 + 0.15) = 6.478 min/pc
Pw= 6.478/6.227 = 1.040 = 104.0%
Answer:
37.5%
Explanation:
The percentage change in the price of a jar of peanut butter, using the midpoint method, is:
![P_B = \frac{3-2}{\frac{3+2}{2}}*100=40\%](https://tex.z-dn.net/?f=P_B%20%3D%20%5Cfrac%7B3-2%7D%7B%5Cfrac%7B3%2B2%7D%7B2%7D%7D%2A100%3D40%5C%25)
The percentage change in sales of jelly is 15%.
The cross elasticity of demand between peanut butter and jelly is:
![E = \frac{15\%}{40\%}*100\%\\E=37.5\%](https://tex.z-dn.net/?f=E%20%3D%20%5Cfrac%7B15%5C%25%7D%7B40%5C%25%7D%2A100%5C%25%5C%5CE%3D37.5%5C%25)
The cross elasticity of demand is 37.5%
The statement that would describe the shift from D1 to D2 is Demand for the product increased.
<h3>Why was there a shift from D1 to D2?</h3>
D2 is a curve that is to the right of D1 which means that it represents a higher level of demand for goods and services.
This means that for the demand to move from D1 to D2, there must have been an increase in the demand for the good or service and this could have been for any number of reasons including a reduction in the price of complimentary goods.
Find out more on determinants of demand at brainly.com/question/1245771
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Answer:
To Determine
Job order costing
Job order cost system provides a separate record of each particular quantity of product that passes through the factory. Each quantity that is manufactured in the business is known as job. Job order costing is used when the product produced are significantly different from each other.
To record: the journal entry to record all the summarized operations.
View image for journalized entry.