Answer:
(c)
Explanation:
The leadership grid also called managerial grid is a model propounded by Robert R. Blake and Jane Mouton in 1964.
The model is called leadership grid because it is represented in the form of a grid, with "concern for production" in the x-axis while "concern for people" as the y-axis.
This model identifies the ideal leadership style as one that incorporates a high concern for production while also considering the individuals who take part in the production; the people.
Answer:
$68.11 per hour
Explanation:
Labor productivity is measured as total output value per labor hour, or how much money (total units produced x unit price) is produced during each labor hour.
Flagstaff has 8 workers and each one has worked 45 hours during the first week of March = 8 x 45 = 360 total labor hours
total output during the first week of March was worth = (52 second garments x $100 per unit) + (92 flawless garments x $210 per unit) = $5,200 + $19,320 = $24,520
labor productivity = $24,520 / 360 hours = $68.11 per hour
Answer: Product-oriented layout
Explanation: The product-oriented layout is a production procedure where the materials and tools are located at the assembly lines.
This layout reduces the cost and time used in the handling of machines whereby optimizing the use of space. The product-oriented layout is mostly used when the same products are made without differences.
Answer:
$510,000
Explanation:
The computation of the total manufacturing cost is shown below:
= Direct material + direct labor + manufacturing overhead
where,
Direct material is
= Opening balance + purchase + transportation - ending balance
= $67,000 + $163,000 + $2,000 - $62,000
= $170,000
Direct labor is $200,000
And, the manufacturing overhead is
= $200,000 × 70%
= $140,000
So, the total manufacturing cost is
= $170,000 + $200,000 + $140,000
= $510,000
Answer: Less elastic
More elastic
Explanation: Price discrimination in simple words is the situation in which the producer of the commodity charges different prices from different individuals for the same commodity.
If the demand for a particular commodity is less elastic for a consumer, then there is high chance that he will not shift his demand to other product due to high price.
But a more elastic demand suggest that the consumer is not very used to for the product and can shift demand from high prices.
Thus, firms will charge high prices from less elastic customer and low prices from more elastic customers.
