The number of staffs that the process need on average, for the demand will be zero since the twelve staffs are well trained already.
<h3>What is demand?</h3>
Demand simply means the number of goods as services that an individual is willing to purchase at a price and given time.
Here, the number of staffs that the process need on average, for the demand will be zero since the twelve staffs are well trained already.
When a more automated process involving electronic submission of claims could reduce the average processing time to 15 minutes, the effect is that the profitability of the company will increase as there is more output due to reduced time.
When the department coordinators could be persuaded to submit their batched claims earlier, this will minimize the mistakes made by the finance department as there is more time to work effectively.
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Answer:
the budgeted manufacturing overhead for August is $40,030
Explanation:
The computation of the budgeted manufacturing overhead for August is shown below:
= Budgeted manufacturing overhead + direct labor hour rate × direct labor hours for august
= $13,300 + $3.30 × 8,100 hours
= $13,300 + $26,730
= $40,030
Hence, the budgeted manufacturing overhead for August is $40,030
<span>A product in the _____ stage is experiencing periods of rising sales and profits.
The answer is growth,
When the company is still in the growth stage, it is normal to experience the period of rising in sales and gaining profits.</span>
Answer:
$10,440,000
Explanation:
The computation of Total liabilities is shown below:-
Balance Sheet
Current liability
Current portion of long term debt $7,200,000
Long term liability
Notes payable $3,240,000
Total Liabilities $10,440,000
Working Note
Notes Payable = $39.6 million - $7.2 million
= $32.4 million