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3 years ago

Productivity is the

Business

1 answer:

Lunna [17]3 years ago

5 0

Answer:

The correct answer is option a.

Explanation:

Productivity can be defined as a measure of the efficiency of a person, factory, machine, system, etc, to convert inputs into outputs. In other words, it is the rate of output per unit of input.

Productivity is an important determinant of living standards. A higher level of productivity means better living standards. This implies that growth in productivity is the key determinant of growth in living standards.

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Direct materials for the month amounted to $111,500. Direct labor for the month was $206,500. During the month, 12,500 units wer

Alenkinab [10]

Answer:

1. Total Production Cost = $413400

2. Cost per unit of production for the previous month = $25.44

Cost per unit of production for the next month = $25.44

Explanation:

GIVEN:

Direct Material for 12,500 unit = $111,500

Direct Labor for 12,500 unit = $206,500

Calculate:

Direct Material for 16,250 unit = $111,500*16,250/12,500 = $144,950

Direct Labor for 16,250 unit = $206,500*16,250/12,500 = $268,450

Total Production Cost = Direct labor + Direct materials + Factory Overheads

Total Production Cost = $144,950 + $268,450

Total Production Cost = $413,400

Cost per unit of production = Total Production Cost / Total unit

For Previous month = ($111,500 + $206,500) / 12,500

= $318000/ 12,500

= $25.44

For Next month = ($413400) / 16,250

= $25.44

6 0

3 years ago

BENEFITS OF F - BANKING TO BANK

Vladimir [108]

Answer:

Banks create money with a system called credit creation. With the help of credit creation, banks can lend a lot more money than the deposits that it holds. When banks lend this money to agriculture, industries, small businesses, and service providers, they are actually helping the economy grow exponentially.

Explanation:

3 0

4 years ago

The process begins when a customer steps into line and ends when the customer receives the receipt and leaves the store. The pro

Leona [35]

Answer:

Business process

Explanation:

Business processis defined as a set of related and structured activities by people that involves a specific sequence that is aimed at producing a product or service.

For Ecole receiving orders, processing invoices, shipping products, and setting a marketing budget.

Business processes are fine tuned over time to increase efficiency and productivity.

Business processes are standardised per business and they make them unique to give a competitive advantage.

7 0

3 years ago

Read 2 more answers

Prepare the journal entry to record autumn company’s issuance of 63,000 shares of no-par value common stock assuming the shares:

mojhsa [17]

The entry for this transaction would be this:

Land 1,827,000

Ordinary shares 1,827,000

<span>The market value of the shares on </span>this transaction<span> does not affect the recording of this transaction. If the share has no par value, the stated value should be used. Stated value is a value assigned by the company to its stock for the purpose of accounting and it does not have any relation with the market value of the shares. Since stated value is not given in this problem, we should record the entire amount of the land exchanged in this transaction to the "Ordinary shares" account.</span>

7 0

3 years ago

Which of the following statements is CORRECT?a. Since companies can deduct dividends paid but not interest paid, our tax system

Alona [7]

Answer:

Explanation:

6 0

4 years ago