Answer:
Instructions are below.
Explanation:
Giving the following information:
Each pound of chocolate requires 400 cocoa beans and 0.15 labor hours.
During the year, 480,000 pounds of chocolate was produced.
First, we need to calculate the number of cocoa beans required to produce 480,000 units.
Number cocoa beans= 480,000*400= 192,000,000 cocoa beans.
Now, the hours of labor required.
Direct labor allowed= 480,000*0.15= 72,000 hours
Answer:
c) capitalize in the machine account
Explanation:
Since it is given that there is an improvement made to a machine due to which it increases the machine fair market value and at the same time it also increases the production capacity of 25% without extending the useful life of the machine
So as the question is talking about the improvement of the machine so the same is to be capitalized in the machine account
Hence, the option c is correct
Answer: there will be a boost in the effectiveness of the workers and effectiveness utilization of their potentials. This is vital for the growth of the company and for the company to boost its profit and also gain competitive advantage over its competitors.
Explanation:
From the question, we are informed that Rose Holcomb is the CEO of Holcomb Engineering, a small but growing firm and she believes that the talents and abilities of her company’s employees are underutilized and therefore she decided to hire her firm’s first human resource manager who can help her devise more effective human resource strategies.
The likely result of this decision by Rose is that there will be a boost in the effectiveness of the workers and effectiveness utilization of their potentials. This is vital for the growth of the company and for the company to boost its profit and also gain competitive advantage over its competitors.
Answer:
The correct answer would be $5
Explanation:
The formula to use is "Expected return to player" which is
E(x) = x.p(x)
where x is the return to player if they win
and p(x) is the probability of winning.
So here,
x = $100 (return to player for winning)
p(x) = 1/50 (probability of winning)
Therefore expected return to player is
E(x) = x.p(x)
= $100 x 1/50
= $100/50
= $2
Cost: $7
Expected return to player is $2.
Therefore Loss (to player) is Cost minus Expected return
= $7 - $2 = $5 <---- expected value for the carnival to gain,
The loss to the player is the carnival's gain. It's $5.
