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Lilit [14]
4 years ago
11

If all you knew about a production system was that total daily output was 400 units and the total labor necessary to produce the

400 units was 350 hours, and the total materials used were 425 units, what kind of productivity measure could you use to compute productivity?
Business
1 answer:
Serjik [45]4 years ago
6 0

Answer:

partial measure

Explanation:

Based on the information provided it can be said that the kind of productivity measure that can be used would be a partial measure. Partial Productivity measure relates output to a single input unit. For example, capital productivity deals with output per unit of capital while energy productivity relates output per joule of energy used. In this scenario, we would need labor productivity which is output per hour worked.

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A company is considering two projects. Project 1 has an initial investment of $60,000 and expected cash inflows of $20,000 each
Vikki [24]

Answer:

Project 1

Explanation:

The computation of the payback period is shown below:

As we know that

Payback period = Initial investment ÷ Net cash flow

For project 1

The payback period would be

= $60,000 ÷ $20,000

= 3 years

For project 2

The payback period would be

= $80,000 ÷ $20,000

= 4 years

Based on the payback period, project 1 should be chosen as the initial amount would be recovered in 3 years instead of 4 years shown in project 2

6 0
3 years ago
Read 2 more answers
Specialization is important in an economy because it leads to which important economic concept?
rewona [7]

It leads to voluntary exchange.

7 0
3 years ago
Following a peso appreciation relative to the dollar, which of the following results is expected to occur?
liubo4ka [24]

Answer:

B

Explanation:

A currency appreciates when its value increases.

For example if $1 was exchanged for 50 pesos. After appreciation of the pesos, $1 would buy $25 pesos.

So more $2 would be needed to buy 50 peso after the appreciation when before the appreciation $1 was buying 50 pesos.

As a result Mexican goods would become more expensive to US consumers and the revenue earned by Mexican producers would increase

7 0
3 years ago
Hoffman, Inc. adjusts its books each month but closes its books at the end of the year. The trial balance at March 31 before adj
serious [3.7K]

Answer:

$22,020

Explanation:

Given, (Before Adjustment)

Unearned Service Revenue $6,600

Service revenue $17,190

The adjusting entry to record the expired unearned revenue is

Debit     Unearned Service Revenue     $4,830

Credit          Service revenue                   $4,830

Therefore, the amount of Service Revenue Earned to be reported in the March income statement is as follows:

Service revenue before adjustments              =   $17,190

<u>Unearned Service Revenue earned in March =  $4,830 </u>

Service revenue after adjustment                 = $22,020

5 0
3 years ago
Which of the following would not be considered leakage in the circular flow model? A imports
eduard

The answer is

C. savings


3 0
3 years ago
Read 2 more answers
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