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podryga [215]
4 years ago
8

Mighty Corporation manufactures end tables. Each end table requires .50 direct labor hours in its production. Mighty Corporation

has a direct labor rate of? $15 per direct labor hour. The production budget shows that Mighty Corporation plans to produce? 1,000 end tables in March and? 1,100 end tables in April. What is the total combined direct labor cost that Mighty Corporation should budget in March and? April?
Business
1 answer:
Alenkinab [10]4 years ago
5 0
The total combined direct labor cost that Mighty Corporation should budget in March and April is $15,750. The budgeted amount is calculated using the estimated labor hour to produce the product and the cost of labor hour. Mighty Company needs $7.5 ($15 x 0.5) of labor cost in order to create one end table. Mighty Company needs $7,500 of labor cost in order to produce 1,000 end tables in March and needs $8,250 of labor cost in order to produce 1,100 end tables in April.
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In one paragraph, describe how the change may specifically address the distribution of products to your persona.
ser-zykov [4K]

Change may address the distribution of products to your personelle through storefront locations or through online channels.

<h3>What is distribution channel?</h3>

Distribution channel simply refers to a chain of businesses or intermediaries through which the final buyer purchases a good or service.

However, some members of the distribution channel are as follows:

  • Wholesalers
  • Retailers
  • Distributors

So therefore, change may address the distribution of products to your personelle through storefront locations or online channels.

Learn more about distribution channel:

brainly.com/question/16911111

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6 0
2 years ago
Hazel Morrison, a mutual fund manager, has a $40 million portfolio with a beta of 1.00. The risk-free rate is 4.25%, and the mar
lianna [129]

Answer:

average beta of the new stocks to achieve the target required rate of return is 2.29

Explanation:

given data

Portfolio amount invested = $40,000,000

Beta = 1  

Risk free rate = 4.25%

Market risk premium = 6%

Hazel expects = $60 million

expected return new investments = 13.00%

to find out

average beta of new stocks be to achieve the target required rate of return

solution

we will use here CAPM formula that is  

Expected return = Risk free rate + Beta × Market risk premium    .........1

put here value we get  

13% = 4.25% + Beta × 6%

0.06 × Beta = 13% - 4.25%

Beta = 1.458

now we get Weighted beta that is express as

Weighted beta = weight of old stock in new portfolio × 1 + Weight of new stock in new portfolio × beta of new stock    ..................2

put here value we get

1.458 = \frac{40}{(40+22)} * 1 +\frac{22}{(22+22)} * debt

solve it we get

beta = 2.29

so that average beta of the new stocks to achieve the target required rate of return is 2.29

8 0
3 years ago
Barter requires that you know the market value of all the goods and services that you want and have to offer. are a member of an
inn [45]

Answer: the goods and services that money can buy.

Explanation: this phrase simply means we only want money so we can spend it on other goods/services. Examples of such goods and services are

1. Cars

2. Electronics ( Television s)

3. Foods e.t.c

This begs the question what is money: money is a medium or means of exchange, money can be banknotes or coins.

8 0
3 years ago
Read 2 more answers
A business objective is aligned with a _______________ to be fulfilled by the business.
zheka24 [161]

Answer:

The correct answer would be option B, Consumer Need.

Explanation:

Business objectives are basically the mission of the organization. Mission of the company is the purpose of the organization and the purpose of the organizations is usually to meet the customers' needs and fulfill their demands and desires through their products or services. The product or the service of the company is the way to meet and satisfy the customer's needs. Making high level products or giving high level services is the mission of the company. So it is true that a business objective is aligned with a customer need to be fulfilled by the business.

3 0
3 years ago
When a person purchases stock in a company, he is in reality loaning money to the company.?
tia_tia [17]
No , he is not.

When a person purchases stock in a company, he became parts of the owners of the company.

The company does not we him anything. If company is making profit, he get a dividend payment. If don't, it's his risk for buying the stocks

hope this helps
8 0
4 years ago
Read 2 more answers
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