1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
ivanzaharov [21]
3 years ago
13

The standard time for producing one unit of work in a job paying $12.75 per hour was set at twelve minutes. The piece rate would

be ____ per unit. a. $2.55 b. $2.95 c. $1.95 d. $3.15
Business
1 answer:
aalyn [17]3 years ago
7 0

Answer:

The right answer is option (A).

Explanation:

According to the scenario, given data is :

Time required for one unit = 12 Min

Payment for job =  $12.75 / Hour

So, payment for job per minute = $12.75 / 60 = $0.2125 / minute

Hence, Rate per piece = rate/minute × time required for one unit

= $0.2125 × 12

= $2.55

Hence the most appropriate answer is option (A).

You might be interested in
If the same number of units of good Y must be given up as each successive unit of good X is produced, then the PPF for these two
andrey2020 [161]

Answer:

PPF : Downward Sloping Straight Line

Explanation:

PPF is the locus of product combinations that an economy can produce, given resources & technology.

It is downward sloping : Because of inverse relationship between two goods- if one has to be increased other has to be decreased , because of same resources & technology.

Marginal Opportunity Cost (Slope of PPC): is ratio of a good sacrifised to gain each additional unit of the other good.

∆ Good sacrifised / ∆ Good gained

If this ratio is same i.e constant amount of a good is sacrifised to gain an additional amount of the other one , the slope of PPC is constant & it is a straight line

Eg : Good1    Good2     MOC [∆Good2/∆Good1]

      0               20             _        

      10             10           -10/10 = -1                  (10-20)/(10-0)

       20              0           -10/10 = -1                   (0-10)(/20-10)

So , same (1) good 2 is sacrifised to attain a good 1 each time.

However Generally: MOC is increasing , because of assumption that resources are unequally efficient in various goods production - shifting good from efficient to inefficient increases sacrifise each time. This makes PPC usually concave.

5 0
3 years ago
SEC Rule 10b-18 allows an issuer to buy its shares in the open market:________.A. at any price that is reasonably related to the
Mice21 [21]

Answer:

B. at the highest independent bid or the last reported sale price, whichever is higher

Explanation:

SEC Rule 10b-18 was issued to create a safe harbor that reduces a company's possible legal liabilities related to repurchasing their own stock. Companies can decide to follow it or not, but if they follow it, they must comply with specific requirements that depend on the company's size and trading activities. Even if companies follow all the requirements of this "safe harbor", all legal liabilities are not eliminated, instead some specific provisions will not be considered to have been violated by the company.

The conditions related to this rule  include

  • Manner of purchase conditions
  • Timing conditions
  • Price conditions
  • Volume conditions
7 0
3 years ago
When Heinz introduced EZ Squirt packaging and new colors such as Blastin' Green and Awesome Orange to revitalize consumer buying
Umnica [9.8K]

When Heinz introduced EZ Squirt packaging and new colors such as Blastin' Green and Awesome Orange to revitalize consumer buying, the company was modifying the distribution.

Heinz has launched a color ketchup product for toddlers called EZ Squirt. The product was available in compressible containers and was eventually discontinued by him in 2006.

After six years of creatively decorating food, the novelty wore off and a young fan of the whimsical Heinz grew tired of tattooing hot dogs with his tribal tattoos. The company has discontinued the EZ Squirt color due to declining sales.

Squeeze Bottles became so popular that Heinz eventually stopped making glass bottles, until 2011 when he released a limited edition bottle with his original label.

Learn more about distribution here: brainly.com/question/12892403

#SPJ4

6 0
1 year ago
When members begin taking risks, the leader will know the group is transitioning to?
Annette [7]

It decreases the need for leaders to be fully present and listen actively if they are working with another leader.

Stage of Group Transition Some people call this the "Storming" stage. Anxiety, resistance, defensiveness, control concerns, disputes among group members, issues with the leader, etc. are characteristics of this stage. It is the responsibility of leaders and followers to identify and manage tension, conflict, and resistance. Going outside of your comfort zone is what it is to take chances. Risk-taking is a human tendency ingrained in leaders and plays a significant role in their lives. Taking risks might vary depending on the leader's age, generation, and financial situation. It spreads to take risks.

Learn more about group transitioning here:

brainly.com/question/27789930

#SPJ4

8 0
2 years ago
The Nichols Company uses the weighted-average method in its process costing system. The company recorded 29,500 equivalent units
siniylev [52]

Answer:

23,000 units

Explanation:

Beginning WIP inventory + Units started into production = Ending WIP inventory + Units completed and transferred out

Units started into production = Ending WIP inventory + Units completed and transferred out - Beginning WIP inventory

= 6,000 + 25,000 - 8,000 = 23,000

7 0
3 years ago
Other questions:
  • A loan of $32,000 is to be repaid by the sinking fund method with annual payments. Interest on the loan is paid at a 6% annual e
    10·1 answer
  • The administrative model was developed to explain
    6·1 answer
  • A six-year Finance Lease entered into on December 31 of the current year specified equal annual lease payments due on December 3
    6·1 answer
  • What is the apr on a loan that charges interest at the rate of 1.4% per month?
    14·1 answer
  • Canterbury Co. issues a discounted, non-interest-bearing note in exchange for borrowed funds. Choose whether the cash received w
    8·1 answer
  • At the beginning of the year, ACME had an inventory of $600,000. During the year, the company purchased goods costing $2,250,000
    9·1 answer
  • DuPont identity.  For the firms in the popup​ window,
    7·1 answer
  • Poe Company is considering the purchase of new equipment costing $80,000. The projected net cash flows are $35,000 for the first
    8·1 answer
  • Suppose the price of salt increases by 25 percent​ and, as a​ result, the quantity of pepper demanded​ (holding the price of pep
    13·1 answer
  • Select the correct answer.
    12·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!