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snow_tiger [21]
3 years ago
11

However, Rina's decision regarding how many workers to use can vary from week to week because her workers tend to be students. E

ach Monday, Rina lets them know how many workers she needs for each day of the week. In the short run, these workers are inputs, and the ovens are inputs.

Business
2 answers:
kozerog [31]3 years ago
8 0

Answer:

N° of Workers   Output      Marginal Product of Labor        Total

                          (Pizzas)          (Pizzas per worker)            Cost

        0               0                                  -                         $20

        1              60                                 60                       $50

        2             100                                 50                     $80

        3             130                            43.33                     $110

        4             150                              37.5                     $140

        5             160                                32                      $170

In the attached graph, the number of workers is given in the X axis, and the total production production of pizzas in the Y axis.

The green line represents Rina's total production function, while the blue line represents MPL. The total cost curve is represented by the orange line.

True or <u>False</u>: The shape of the production function reflects the law of increasing marginal returns. ⇒ FALSE, THE BLUE CURVE SHOWS THE LAW OF DECREASING MARGINAL RETURNS

harkovskaia [24]3 years ago
7 0

Answer:The formula for calculating marginal product of labour is output/no of workers

Explanation:For each day ,you will divide the output by the number of workers to get the MPL

Day 1 = _ because no production took place

Day 2 = 60/1=60

Day 3 = 100/2 =50

Day 4 = 130/3 = 43.3

Day 5 = 150/4 =37.5

Day 6 =160/5 =32

This in in line with the law of diminishing marginal product of labour .

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In Sheridan Company, the Cutting Department had beginning work in process of 9000 units, transferred out 24600 units, and had an
Tom [10]

Answer:

The 21,100 units were started through company during the month

Explanation:

The number of units were started through company during the month is computed as:

Number of units were started = Transferred out units - Ending work in progress units

where

Transferred out units is 24,600

Ending work in progress units is 3,500

Putting the values above:

Number of units were started = 24,600 - 3,500

= 21,100

Therefore, 21,1600 units were started through company during the month.

Note: The beginning work in progress will be considered as number of units in started is computing.

4 0
3 years ago
Rios Co. makes drones and uses the variable cost approach in setting product prices. Its costs for producing 30,000 units follow
AnnyKZ [126]

Answer:

1. Variable cost per unit   = $150

2. Markup percentage     = 34.89%

3. Selling price                 = $202.33

Explanation:

Variable cost per unit = 70+40+25+15= $150

Fixed cost   =  670,000+ 305,000 +285,000= $1,260,000

Fixed cost per unit  =    1,260,000/30,000= $42

Profit per unit   =        <u>Targeted profit</u>

                               Targeted production unit

                          = <u>$310,000 </u>   =$10.33

                                30,000

Markup percenge =     <u>Fixed cost per unit + profit per unit</u>

                                          Variable cost per unit

                                =<u>$42+ $10.33</u>    =    <u>52.33 </u>* <u>100</u>   = 34.89%

                                       $150                   $150      1

Selling Price        =  Variable cost per unit + markup

                            =  $150+$42+$10.33

                             = $202.33

Variable cost-plus pricing is calculated by  determining variable costs per unit and adding mark-up which will cover fixed costs per unit and generate a targeted profit margin.

3 0
3 years ago
Read 2 more answers
Elijah and anastasia are husband and wife who have five married children and nine minor grandchildren. for 2015, what is the max
s344n2d4d5 [400]
To get the answer, you need to calculate this:
19 donees (5 married children + 5 spouses + 9 grandchildren) ×$14,000 (annual exclusion for 2016) × 2 donors (Elijah and Anastasia) = 19(14000) (2)
=19(28000)
=532,000
Through this, you will get the answer of $532,000
4 0
3 years ago
Read 2 more answers
Customer loyalty to a business is
kari74 [83]
Good for the company cause the more loyal a customer is the more they will want to spread your sells advertisemants and recommend you to other company.
4 0
3 years ago
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And an anonymous survey, 2.5% of your employees say that they are “ready to quit”. You employ 50,000 people. How many are ready
Anit [1.1K]

Answer:

1250

Explanation:

2.5%*50,000=1250

or

50,000*0.025=1250

7 0
2 years ago
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