Who has to approve the budget of the U.S. government?

Mobile apps, like Rewards4You, engage users by combining the most basic elements of social media. These apps are a great benefit

andre [41]

Yes great promotion and connections for an app

8 0

4 years ago

A consumer has two basic choices: rent a DVD movie for $4.00 and spend 2 hours watching it, or spend $13 for a miniature golf ga

riadik2000 [5.3K]

Answer:

Play miniature golf instead of renting the movie.

Explanation: Marginal utility is the added satisfaction derived from spending an extra unit of money.

Now we can see that the consumer values time at $12 per hour, and they'll spend a total of $24 on watching the DVD because this will take 2 hours, the consumer will also spend just $12 on miniature golf because this takes just one hour.

Now factoring the costs of the DVD and the miniature golf into the equation, we have:

Total cost of renting and watching the DVD:

$4 + $24 = $28

Total cost of playing miniature golf:

$13 + $12 = $25

We can see that the consumer will spend less in playing miniature, while getting the same marginal utility with the other option.

3 0

3 years ago

What can a person do to help increase their crUse only a small percentage of your credit limit.

makkiz [27]

Use only a small percentage of your credit limit.

Generally, using more than 30% of your available credit limit can hurt your score, so only use a small percent in order to help increase it.

7 0

3 years ago

Flapjack Corporation had 7,800 actual direct labor hours at an actual rate of $12.44 per hour. Original production had been budg

likoan [24]

Answer:

Direct labor efficiency variance= $9,360 unfavorable

It is unfavorable because it took longer to produce 975 units than the standard time estimated.

Explanation:

Giving the following information:

Standard direct labor hour per unit= 7.2 hours

Standard rate= $13

Actual units= 975

Actual hours= 7,800

Actual rate= $12.44

<u>The direct labor time variance is also known as the direct labor efficiency variance. It calculates the effect on costs of the time required to produce the actual amount of units.</u>

We need to use the following formula:

Direct labor time (efficiency) variance= (Standard Quantity - Actual Quantity)*standard rate

Standard quantity= 975 units*7.20= 7,020 hours

Direct labor efficiency variance= (7,020 - 7,800)*12= $9,360 unfavorable

It is unfavorable because it took longer to produce 975 units than the standard time estimated.

4 0

3 years ago

A pharmacist wants to establish an optimal inventory policy for a new antiobiotic that requires refrigeration in storage. The ph

Akimi4 [234]

Answer:

EOQ: 80

order per year: 10

Explanation:

We need to solve for the Economic Order Quantity:

$Q_{opt} = \sqrt{\frac{2DS}{H}}$

Where:

D = annual demand = 800

S= setup cost = ordering cost = 16

H= Holding Cost = 4

$Q_{opt} = \sqrt{\frac{2 \times 800 \times 16}{4}}$

EOQ = 80

Orders per year = 800 demand/ 80 order size= 10

5 0

4 years ago