Answer:
Total= $ 321.25
Explanation:
Giving the following information:
Each surfboard consists of 30 separate parts totaling $ 155 direct materials and requires 3 hours of machine time to produce.
Materials handling: Number of parts $ 3.75 per part
Machining: Machine hours $ 2.00 per machine hour
Assembling: Number of parts $ 1.50 per part
Packaging: Number of finished units $ 2.75 per finished unit
Total manufacturing cost:
Direct materials= 155
Materials handling=$ 3.75* 30= $112.5
Machining: $ 2.00*3= 6
Assembling: $ 1.50*30= 45
Packaging: $ 2.75
Total= $ 321.25
Answer:
1.1%
Explanation:
Calculation to determine what the probability of the next purchase order having an error is using
an empirical probability
Using this formula
Probability=Purchase orders errors/Purchase orders filled
Let plug in the formula
Probability=1100/100000
Probability=0.011*100
Probability=1.1%
Therefore using an empirical probability the probability of the next purchase order having an error is 1.1%
Answer:
The correct answer is the demand has increased.
Explanation:
At the market price of $5/unit, the quantity demanded is 20 units.
Last year at the price level of $4, the quantity demanded was 20 units.
We see that even though the price has increased the quantity demanded is the same. This indicates that the demand has increased.
When there is an increase in the demand for a commodity, the demand curve moves to the right. This upward or rightward shift in the demand curve will cause the price of the commodity to increase. Though the quantity demanded will be the same.
Answer:
See below
Explanation:
With regards to the above, Marin's correct September 30, 2016 cash balance is computed below;
Balance as per cash book
$22,340
Add: Error in recording cash receipt
($550 - $500)
$50
Less: Bank service charge
($45)
Less: NSF check
($1,500)
Corrected cash book
$20,845
Answer:
Incentive plans
Explanation:
Incentive plans are strategies in which representatives of an association are kept persuaded for the work that they do, and are given motivators on coming to or achieving certain association objectives. The motivator plans can be for lower level workers, center administration and senior administration.
It is the apparatus utilized by entrepreneurs to empower, perceive and reward uncommon execution in their workers.
