Answer:
Chair unit cost: $ 49.72
Total cost for 675 chairs: $ 33,561
Explanation:
Direct Materials: $ 14.00
Direct Labor: 1.9 hours x $16 labor cost: $ 30.40
Overhead:
1.9 labor hours x ($ 1.6 variable rate + $ 1.20 fixed rate) = $<u> 5.32 </u>
Total unit cost: $ 49.72
Cost to produce 675 chairs:
675 charis x $ 49.72 per chair = $ 33,561
Answer:
Technology; recording; book keeping
Explanation:
If the organization comes with the latest technology or modern technology, so it reduces the time, cost, effort, of record keeping and at the same time it also improves the accuracy of the transactions
The recording of the business transactions are recorded in the journal by input, measures the transactions and events
And, while recording the business transactions and events manually or electronically is known as book keeping
Consumer choice occurs when a buyer has an almost unlimited selection of products that are very difficult to differentiate between.
<h3 /><h3>What is Consumer Choice</h3>
Consumer choice refers to the aspect of microeconomics that deals with the decisions consumers make with regard to products and services.
This involves how consumers decide which products to purchase or consume over time.
<h3>Factors affecting Consumer Choice</h3>
- Psychological Factors
- Social Factors.
- Cultural factors
- Personal Factors
- Economic Factors
Learn more about Consumer Behavior at https://brainly.in/question/1232898
The major financial change between post ww2 borrowers and borrowers after 1970 was that there were plenty of jobs after World War 2 and the economy was growing at a large extent.
Most of the people believed that their income would not change even though there were plenty of jobs in the economy.
However they all have a constant income from the year 1945 to 1970.
So all the people continued to borrow more and more money by not attending or joining any post war job in the economy.
Banks were also willing to lend more and more money as they were on the way of high earning through more lending but they get closed.
So after the war people continued to increase their loans and debt ratio in the economy of lending due to which it became the period of great depression.
To know more about post war borrowing here:
brainly.com/question/2675965
#SPJ4