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Olegator [25]
3 years ago
11

Ballard Company incurred a total cost of $8,500 to produce 400 units of pulp. Each unit of pulp required six (6) direct labor ho

urs to complete. What is the total fixed cost if the variable cost was $1.50 per direct labor hour
Business
1 answer:
Strike441 [17]3 years ago
5 0

Answer:

$4,900

Explanation:

Given that,

Total cost at a production level of 400 units = $8,500

Each unit of pulp requires = 6 direct labor hours

Variable cost = $1.50 per direct labor hour

Total variable cost:

= Cost per direct labor hour × Direct labor hours required for each unit × No. of units produced

= $1.50 × 6 × 400

= $3,600

Total cost is sum total of total fixed cost and total variable cost.

Total cost = Total fixed cost + Total variable cost

$8,500 = Total fixed cost + $3,600

$8,500 - $3,600 = Total fixed cost

$4,900 = Total fixed cost

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Mademuasel [1]

Answer:

The correct answer here is option b.

Explanation:

When here is an increase in capital, the firm would like to produce more. So, the demand for labor would increase. Though the supply of labor would remain the same as it is not affected by the change in capital.

With the shift in the demand curve, the quantity of labor hired would increase as well. With no change in labor supply, the wage rate will increase as well.

8 0
3 years ago
At the adjourning stage of team development, the team members are most likely to:________
spayn [35]

Answer:

d. disband permanently or take a temporary break.

Explanation:

Adjournment stage is the fifth and last stage of group development. The group wraps up work and is disbanded. At this stage team members celebrate their successes and get closure in preparation for the next project.

Team members may feel low motivation and a sense of loss because of bonds they had formed. Some people refer to this stage as the mourning stage, and team members need to celebrate their achievements to boost moral.

4 0
2 years ago
Read 2 more answers
Cash and Carry is a store that carries food, clothing, and household goods at lower price margins than other nearby stores. Ther
bagirrra123 [75]

Answer: Discount store

Explanation: As the name suggests, discount store is the store in which the prices of general products are lower than other retail shops.

            These stores makes it possible to provide such discounts by purchasing in bulk from the intermediary, or direct purchase from the producer or by cutting the cost of other services provided.

So, from the above we can conclude that cash and carry is a discount store.

7 0
3 years ago
Money is to an economy what language is to communication. What does this statement mean?
Tasya [4]

Answer:

What does economy of language mean?

Explanation:

The economics of language is an emerging field of study concerning a range of topics such as the effect of language skills on income and trade, and the costs and benefits of language planning options, preservation of minority languages, etc. Language can be an expression of symbolic power.

8 0
3 years ago
After conducting a market research study, Magnificent Manufacturing decided to produce a new interior door to complement its ext
marta [7]

Answer:

Target sales revenue = $7,830,000

Explanation:

given data

target price = $270

annual target sales volume = 29,000

target operating income = 40%

to find out

Target sales revenue

solution

we will get here Target sales revenue that is express as

Target sales revenue =  target price × annual target sales volume   .................1

put here value we get

Target sales revenue = $270 × 29000

Target sales revenue = $7,830,000

6 0
3 years ago
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