Answer:
Price= $850,5
Explanation:
With the following information we need to calculate the price of the job:
Direct materials issued to production<= $60
Direct labor= $75
Manufacturing overhead= $99*direct hour=99*5=$495
Direct hours=$75/$15hour= 5hours
Total cost= 60+75+495= $630
Price= total cost*1,35=$850,5
Answer:
Amount which is earned from bank B will be $7444.21
Explanation:
We have given principal amount P = $7500
Rate of interest r = 9 %
We have to find the interest after 8 years
Total amount after 8 year is given by
So the amount which he earn more = $14944.21 - $7500 = $7444.21
Answer:
5%
Explanation:
Deposit= $600 million
Required reserve= $30 million
Required reserve ratio= required Reserve/deposit
= 30 million/600 million
= 0.05×100
= 5%
Hence the required reserve ratio is 5%
Answer:
productivity of labor increased by 16.24% in May respect to April
Which means the company was experimenting diminished return in their labor facot as reducing their quantity increase the marginal revenue generated
Explanation:
April productivity:
revenue $90,000
labor used: 40 x 6 + 25 x 4 = 340
productivity of labor:
90,000 / 340 = 264,70 each hour of labor generate 264.70 dollar of revenue
May productivity:
revenue 80,000
labor used: 40 x 6 + 2 x 10 = 260
productivity:
80,000 / 260 = 307,6923 = 307.69
each hour of labor gneerated $307.69 dollar of revenue
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<em><u>percentage change</u></em>
307.69/264.70 - 1 = 0,16241
