Answer:
The solution for the cost for all five cakes combined is done below:
Explanation:
We start by looking up the cumulative learning curve coefficient in Table 6.4 for an output of 5 and a learning rate of LR = 0.85. We get:
CLCC(5,0.85) = 4.031086
We then compute the costs of making 5 units as:
CC(of making 5 units, LR = 0.85, c(1) = 40) = 40 × CLCC(5,0.85) = 40 × 4.031086 = 161.2434.
Answer: C. $250
Explanation: fixed cost are cost which do not change even when other factors Change. Example of fixed cost is ‘rent’ even if the employees increase up to a 100 this variable won't affect the cost of rent which is $250. Unlike salary that increases with an increase in workers.
Labour cost per day of hiring two workers = $80 x 2 = $160
Total cost per day when three
workers are hires. This includes both the fixed cost and labour cost
Total Cost = fixed cost + labor cost
= $250 + $80 x 3
= $490.
The answer that best completes this statement is THE JUST-WORLD PHENOMENON. This is the potential consequence wherein some people believe that wealthy people deserve to be robbed <span>because of their ill-gotten gains. When we say just-world phenomenon, this is similar to the idea of "karma" wherein it is believed that people face consequences that they deserve. So for the wealthy, due to their ill-gotten gains, they are deserving to be robbed as a form of karma and this is how a "just world" is being practiced. </span>
Answer:
The difference in human capital explains $7,863 of the income per worker gap while the difference in physical capital explains $20,181 of the income per worker gap.
Explanation:
Human capital refers to the skills, knowledge, and efforts of the people in producing goods and services. It is also known simply as labor. Physical capital refers to the "man-made" goods that assist in production, including machinery, equipment, and technological items such as computers.
In the given scenario, the income per worker in the United States is $82,359 - $54,315 = $28,044 more than the income per worker in South Korea. This is explained by differences in both the level of technology (i.e. physical capital) and the capability of workers (i.e. human capital).
We are informed that the income per worker in South Korea would be $74,496 if it had the same level of technology as the United States. This means that $74,496 - $54,315 = $20,181 of the income per worker gap between the two countries is explained by differences in physical capital. Hence the remaining difference of $28,044 - $20,181 = $7,863 is explained by differences in human capital between the two countries.
Answer:
Total FICA Tax withheld $ 472.23
Explanation:
<em>FICA Tax is comprised of OASDI rate of 6.2%, and a Medicare rate of 1.45%. </em>
Given
Taxable Earnings $118,500
Earned Pay $ 113, 000
Calculated Data
Current Taxable Income $ 5,500 ( $118,500- $ 113, 000)
OASDI rate of 6.2%, is applicable on $ 5,500
A Medicare rate of 1.45%, is applicable on gross pay $ 9,050
Working
OASDI Tax= 6.2 % of $ 5,500= $ 341
Medicare tax = 1.45% of $ 9,050= $ 131.225= $ 131.23
Total FICA Tax withheld = $ 341+$ 131.23=$ 472.23