Based on the direct materials, the direct labor, and the manufacturing overhead, the cost of finished goods on hand is $33,600.
<h3>What is the cost of finished goods on hand for this job?</h3><h3 />
Cost of goods on hand is:
= Cost of goods per unit x Number of goods on hand
Cost of goods per unit is:
= (44,000 + 24,000 + 16,000) / 3,000 units
= $28 per unit
Cost of goods on hand:
= 28 x (3,000 - 1,800)
= $33,600
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The algebraic formulation of the constraint involved in this manufacturing process is <u>c. 4x1 + 2x2 <= 100</u>.
<h3>What is a constraint?</h3>
A constraint is a condition that an optimization problem must satisfy to provide a solution.
The types of constraints are:
- Equality constraints
- Inequality constraints
- Integer constraints.
<h3>Answer Options:</h3>
a. 4x1 + 2x2 >= 100
b. 4x1-2x2 <= 100
c. 4x1 + 2x2 <= 100
d. 4x1 2x2 >= 100
Thus, the algebraic formulation of the constraint involved in this manufacturing process is <u>c. 4x1 + 2x2 <= 100</u>.
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THE PROGRAM MANAGER will approve the realignment. The program manager is able to approve this realignment because a reprogramming action is not required. If a reprogramming action is required, that meas the change will be substantial, in this case the program manager will not be qualified to approve the realignment.
Difference between the Us Dollar. 1 US dollar is .86 Euro
Answer:
Disposible income.
Marginal propensity to consume.
Disposible income, marginal propensity to consume.
The consumption will increase by $800
Explanation:
The consumption function shows the relationship between consumption spending and disposible income.
The slope of the consumption function is the marginal propensity to consume.
Changes in consumption can be predicted by multiplying the change in disposible income by the marginal propensity to consume.
Given: MPC = 0.80
Disposible income increases by $1,000
consumption increase = 0.80*$1000
= $800
Therefore, The consumption will increase by $800.
