<span>The discount rate is the interest rate charged to commercial banks and other depository institutions on loans they receive from their regional Federal Reserve Bank's lending facility--the discount window. :)</span>
Answer:
Direct materials cost per square foot= $4.25
Explanation:
Direct material costs represent the costs of all materials which are used essentially and wholly for the purpose of production of goods. These materials usually are those which form part of the product.
For example, flour and sugar are direct materials used for the purpose of producing of bread.
Direct material costs are charged directly to the product.
Direct labour cost : Direct workers are those who are actively engaged exclusively for the production of goods. They include machine operators in the factory, bakers in a bakery, e.t.c. Direct labour costs are charged directly to the product cost
Direct material cost per standard square foot
=$4.00 + $0.25
= $4.25
Direct materials cost per square foot= $4.25
Answer:
a. decrease by $58,800 per month
Explanation:
The computation is shown below;
<u>
Particulars Amount </u>
Contribution from product X $94,800 ($28 - $22) × 15,800 units
Less: Fixed cost -$108,000
Net loss avoided -$13,200
Non-avoidable fixed cost $72,000
The Total cost in case the product fall $58,800
Hence, the correct option is a.
Answer:
resources like land, tools, money, time, labor and enterprise
Answer:
Diminishing Marginal Returns occur when increasing one unit of production, whilst holding other factors constant – results in lower levels of output. In other words, production starts to become less efficient. For example, a worker may produce 100 units per hour for 40 hours.
Explanation: