Answer:
Option (E) is correct.
Explanation:
The labor productivity boost by 50%
From current 5000 pairs per worker,
the productivity will increase to:
= 5,000 × (1 + 50%)
= 7,500
Total pay = $40,000 annually
Cost per pair with increased productivity:
= Total pay ÷ Increased productivity
= 40,000 ÷ 7,500
= $5.33
Therefore, it is accurate to say that its labor costs per pair produced will decline from $8.00 per pair to $5.33 for a production facility in North America.
The production would be a my a point inside the curve. The curve shows the possibility of producing with all possible materials so inside the curve is representative of one or more of the resources not being used to its full capacity.
Answer: $2000
Explanation:
From the question, we are informed that Ranger Corporation is currently selling widgets for $40 at a cost of $20 per unit and that the fixed costs are currently $500 and the current production is 100 widgets.
The Operating Cash Flow at this output level will be:
= (P - V) × Q
where p = selling price = $40
v = cost price = $20
q = quantity = 100
= ($40 - $20) × 100
= $20 × 100
= $2000
The information that has been discovered by Ford's research and development would affect planning for production in the following ways:
One of the aspects that was uncovered by this research by Connelly is the fact that 76% of the US adults love cars that they can drive for long periods of time.
This would make ford to want to produce cars that are strong as well as durable that would serve as a means of transportation for years to their consumers.
Also Ford would have to make plans to have products for the self driving cars market that would be pocket friendly, user friendly and technologically advanced.
Because Ford has been able to establish what their customers need and expect through research, they would have to plan their production to fit into these needs.
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