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3 years ago

Why do government regulations lead to higher prices for consumers?

1 answer:

6 0

<span>Government regulations mandate production or testing requirements to ensure the quality and safety of products. This typically means specialized equipment is needed to produce the product, more employees are needed to perform quality control tests, and possibly higher quality raw materials must be used. The cost of producing the product increases with the higher quality materials, new equipment acquisition, and additional paid employee time. These added production costs are then passed on to the consumer in the final price of the product.</span>

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True or false: job descriptions are generally updated as job duties or job specifications change

Sauron [17]

It would be true, because the description rely on the duties and specifications.

3 0

3 years ago

Trek Cycles makes two products: X-1 and X-2. It takes 80,900 direct labor hours to manufacture the X-1 and 93,500 direct labor h

Vera_Pavlovna [14]

Answer:

Predetermined manufacturing overhead rate= $2.15 per direct labor hour

Explanation:

Giving the following information:

It takes 80,900 direct labor hours to manufacture the X-1 and 93,500 direct labor hours to manufacture the X-2 Line.

Total overhead= 225,000 + 149,960= $374,960

To calculate the predetermined manufacturing overhead rate we need to use the following formula:

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Predetermined manufacturing overhead rate= 374,960 / (80,900 + 93,500)

Predetermined manufacturing overhead rate= $2.15 per direct labor hour

6 0

3 years ago

You are browsing through job listings for global marketing-related jobs on Monster. One job catches your attention because it li

Andrei [34K]

Answer:

(b) The candidate will be involved in setting up an independent division with responsibility for robotic equipment production and marketing.

Explanation:

As an area of global marketing deals with the setting up of strategies for the development of marketing plans for the company. By adjusting the strategies that are well suited to other countries form a global point of view.

Hence the candidates that come from the different locations will be more interested in setting up divisions that look after the promotion and distribution of products, people and processes to deliver good results.

As it lowers market casts, it has the ability to leverage ideas more easily and quickly and helps the company create an international customer base.

3 0

3 years ago

Findell Corporation is considering two projects, A and B, and it has gathered the following estimates for the projects Project A

Vilka [71]

Answer:

a. 1.096

Explanation:

The present value index is the same as the profitablility index(PI), which is computed by dividing the present value of future cash inflows by the initial investment(the present value of cash outflows). A profitability of above 1 means that the project is viable as the numerator(PV of cash inflows) exceeds the denominator( initial cash outlay).

Project A PI index= Present value of cash inflows/Present value of cash outflows

Project A PI index= $84,360/$77,000

Project A PI index= 1.096

8 0

3 years ago

Given an activity in an advertising project whose planned cost was $12,000 but actual cost to date is $10,000 so far and the val

givi [52]

Answer:

Probably not

Explanation:

To me I think they planed to give the money to you guys for it try and put a little more in the project. The most important part is if the client is happy about the advertisement.

8 0

3 years ago