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Nuetrik [128]
3 years ago
12

Suppose a country reduces restrictions on how many hours people can work. If reducing these restrictions increase the total numb

er of hours worked in the economy, but all other factors that determine output are held fixed, then
a) productivity and output both rise.
b) productivity rises and output falls.
c) productivity falls and output rises.
d) productivity and output fall.
Business
1 answer:
maks197457 [2]3 years ago
3 0

Answer:

The correct answer is option c.

Explanation:

If the restrictions on working hours are removed such that keeping other factors constant, the total number of hours worked increases. This will cause the total output to increase.  

But the workers will not be able to work efficiently for longer hours. This will cause productivity to decline.  

This happens because working for long hours will make the workers tired. Their health is negatively impacted so their productivity will decline.

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Pell Corporation manufactures computers. Assume that Pell allocates manufacturing overhead based on machine hours estimated 10,0
Contact [7]

Answer:

exist 139,200

Explanation:

Assume that Pell allocates manufacturing overhead based on machine hours, estimated 10,000 machine hours and exist 87,000 that implies that the standard cost per machine hour = exist 87,000 / 10,000 = 8.7 exist

Therefore the manufacturing overhead costs if Pell actually used 16,000 machine hours will be: 16000 x 8.7 = exist 139,200

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3 years ago
What are the hardest gymnastics skills... give me two please
inessss [21]
Double standing backflip and handspring to turbine-turner
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2 years ago
Kulka Corporation manufactures two products: Product F82D and Product T05P. The company uses a plantwide overhead rate based on
aleksandr82 [10.1K]

Answer:

Total manufacturing overhead cost for T05P <u>$</u>303,000

Explanation:

Using the ABC system, the amount of total manufacturing overhead cost would be assigned to Product T05P is:

1. 4,000 / 9,000 machine hours x $180,000.....$80,000

2. 90 / 250 set ups x $125,000............................$45,000

3. 1 / 2 products x $44,000....................................$22,000

4. 6,000 / 10,000 labor hours x $260,000......<u>$156,000</u>

Total manufacturing overhead cost for T05P <u>$303,000</u>

5 0
2 years ago
On June 13, the board of directors of Siewert Inc. declared a 2-for-1 stock split on its 40 million, $1 par, common shares, to b
Lyrx [107]

Answer:

Siewert Inc.

a) Journal Entry:

A memo entry to show that there is a 2-for-1 split only with new par value of $0.50 for 80 million shares.

b) The par value after the split = $0.50

Explanation:

a) Data and Calculations:

Common Stock = 40 million shares

Par value = $1

Declared stock split = 2-for-1

Market price of stock = $15 on June 13

New Common Stock = 80 million shares (40 million * 2)

New Par Value of Stock = $0.50 ($1/2)

b) Siewert Inc. does not record any journal entry for the stock split.  Instead, it prepares a memo entry in its journal that indicates the nature of the stock split (2-for-1) and indicates the new par value to be $0.50. The company's balance sheet will reflect the new par value and the new number of shares authorized, issued, and outstanding after the stock split, which has been multiplied by 2 as 80 million shares.

3 0
2 years ago
A firm's current profits are $1,400,000. These profits are expected to grow indefinitely at a constant annual rate of 4 percent.
Tems11 [23]

Answer:

$ 48,533,333.33

Explanation:

The value of the firm now is the present value of its profits using the constant growth rate model formula as provided below:

PV of profits(value of the firm)=expected profits/(opportunity cost of funds-constant growth rate)

expected profits=current profits*(1+constant growth rate)

current profits =$1,400,000

constant growth rate=4%

expected profits=$1,400,000*(1+4%)

expected profits=$1,456,000

the opportunity cost of funds=7%

PV of profits(value of the firm)=$1,456,000/(7%-4%)

PV of profits(value of the firm)=$1,456,000/3%

PV of profits(value of the firm)=$ 48,533,333.33  

4 0
3 years ago
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