C would be the correct answer. Because you can divide 15 by 5 and then multiply 3 by 3.
Answer:
B. 8 lawns per day.
Explanation:
As seen in the graph below, The AVC and ATC curves intersect the MC curve at the minimum of the MC curve. The marginal cost curve intersects the AVC curve to the right of the minimum of the AVC curve. It also intersects the ATC curve to the right of the minimum of the ATC curve. At first, marginal cost decreases with additional output, but then it increases with additional output. The firm’s profit-maximizing level of output will occur where MR = MC (or at a level close to that point).
Therefore, from the graph; at $16 per lawn, the maximum profit = 8 lawns per day.
Answer:
Richard
Explanation:
In simple words, Among all the employees in the organisation only Richard got the appreciation for the work he is performing. Such appreciation would work as an incentive for Richard to perform his duty with more effectiveness in the future.
Positive comments from the employer always works as a motivation to the employees and results in positive reinforcement of such employee which further results in better results.
The basis for an action in strict liability which is set forth in the Restatement (Second) of Torts Section 402A can be summarized by the following six requirements. The product must have been in a <u>safe condition</u> when the defendant sold it. The defendant must normally be engaged in the <u>business</u> <u>of selling</u><u> </u>(or otherwise distributing) that product. Most of the states require that the product must be _<u>unreasonably dangerous</u> to the user or consumer because of its defective condition. The plaintiff must incur <u>physical harm</u> to self or property by use or consumption of the product. The defective condition must be the <u>proximate cause</u> of the injury or damage. The goods must not have been <u>substantially damaged</u><u> </u>from the time the product was sold to the time the injury was sustained.
<u>Explanation</u>
- When the product is bought it must be in defective condition as per Restatement ( second ) of Torts Section 402A.
- The second point as per Restatement ( second) of Torts , section 402 states that the defendant must be in the business of selling or distributing the product.
- Moreover, the product must also be unreasonably dangerous to the consumer owing to its bad or defective condition. The plaintiff should incur physical harm to self by the consumption of such product.
Answer:
$60,000= total estimated overhead costs
Explanation:
Giving the following information:
The predetermined overhead rate for manufacturing overhead for 2018 is $4.00 per direct labor hour.
Direct labor hour= $5.00 per hour
<u>Direct labor hours= (100,000*0.75)/5= 15,000 hours</u>
To calculate the estimated overhead costs, we need to use the following formula:
Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
4= total estimated overhead costs for the period/15,000
$60,000= total estimated overhead costs for the period
