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4 years ago

As a firm produces more units of a good, its

Business

1 answer:

AURORKA [14]4 years ago

6 0

Answer:

fixed costs remain constant in the short run and its variable costs rise.

Explanation:

Fixed costs are the expenses that do not vary with the production level in a period. Fixed costs will, therefore, remain constant in the period regardless of the production level. Examples of fixed costs include rents, depreciation, and administrative salaries.

Variable costs vary with the output level. They are the expenses that increase as production increase and decrease as output decreases. In other words, variable expenses are directly proportional to the production level. Examples of variable costs include packaging and raw materials.

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Mack's guitar fabrication shop produces low cost, highly durable guitars for beginners. Typically, out of the 100 guitars that b

Anuta_ua [19.1K]

Answer:

a. Labor productivity is 16.67 per hour

b. Multifactor productivity = 0.93

Explanation:

Number of guitars produced = 100

Guitars good enough to sell = 80%

Number of guitars good enough to sell = 80% * 100 = 80 guitars.

Selling per price = 250

Labour hours per guitar = 12 hours

Value of output = 250 * 80 = 20.000

input in labor hourse = guitars produced * labors per guitar = 100 * 12 = 1200 hours

Labor productivity = output/input = 20.000 / 1.200 = 16.67 per hour

Therefore, labor productivity is 16.67 per hour

labor cost = 11 per hour

material cost= 42 per guitar

overhead cost = 4.000

total labor cost = guitars produced* labor cost per hour*labor hours per guitar

= 100*11*12

=13.200

Total material cost = guitars produced * material cost per guitar = 100 * 42 = 4.200

Multifactor productivity = output / labour cost + material cost + overhead cost

Multifactor productivity = 20.000 / (13200 + 4200 + 4000)

Multifactor productivity = 20.000 / 21.400

Multifactor productivity = 0.93

4 0

3 years ago

Whats a good way to start a business

aniked [119]

Answer:

first find a business idea and make a plan (logo, name, what item ur selling..etc.)

8 0

3 years ago

Help i need HELP!!!!

il63 [147K]

It is letter C because i used context clues

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3 years ago

A task force refers to any Question 1 options: informal group that has the same members as the permanent task-oriented group. fo

zalisa [80]

Answer: temporary team formed to solve a problem, realize an opportunity, or design a product or service.

Explanation:

A task force is formed for the purpose of finding out how to fix a certain problem or realize a product or service.

Once this problem has been fixed or this good realized, the task force is disbanded because it is a temporary group that has fulfilled its objectives and so no longer has to be in effect. For instance, countries have Cov-id-19 taskforces who help coordinate responses to Corona and they will be disbanded when Corona is gone.

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3 years ago

Review the following conversation: Marcy: Dana, can I talk to you for a couple of minutes? We’ve been roommates for two years an

babunello [35]

Answer:

Coaching.

Explanation:

Coaching is demonstrated as the method of training in which a more experienced or proficient person provides suggestions and guidance to an individual(employee) with an aim to build and develop his/her skills, competence, performance, and career. <u>The managers are required to be efficient coaches as it helps them in promoting better engagement in the team and enhancing productivity as well as customer support of the organization</u>. It helps the managers to develop the skills in employees and boost their self-confidence which makes them able to overcome challenges effectively, improve their performance, and reach desired goals.

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3 years ago