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denis-greek [22]
3 years ago
8

Marci spends 8 hours researching and writing a 26​-page report for her philosophy class. Jack brags that he has a​ "streamlined

process" for performing the researching and writing. Jack takes just 20 hours to research and write the​ paper, but his report is only 26 pages long.
Business
1 answer:
Leno4ka [110]3 years ago
7 0

Answer:

Productivity is measured by the amount of output per unit of input.

In this case, the inputs will be the hours spent doing research and writing their essays. Output will equal the amount of pages written.

Marci spent 8 hours and wrote a 26 page long report, so her productivity = 26 pages / 8 hours = 3.25 pages per hour

Jack spent 20 hours and wrote a 26 page long report, so his productivity = 26 pages / 20 hours = 1.3 pages per hour

Marci is much more productive in terms of hours spent doing and writing, and how long the report is.

The problem with this type of analysis is that we do not know if Marci's report was good or bad, and the same applies to Jack's. Since we do not know what grade they got, we cannot be sure how effective their work was.

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Economic forces impact the opportunities available to entrepreneurs. Which of the following alternatives reflects a set of econo
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Answer:

3. Interest rates, consumer spending patterns, and level of disposable income

Explanation:

The following alternatives reflects a set of economic forces that would be of interest to entrepreneurs: Interest rates, consumer spending patterns, and level of disposable income

1. Interest Rates: Whenever there is an increase in interest rates, entrepreneurs are required to set aside more funds for the repayment of loans in the sense that the interest component becomes more expensive and looking at the total picture, the loan becomes technically bigger than what they had collected. This occurrence of higher interest rates reduces the business' net income for all periods till the loan is fully paid.

2. Consumer spending patterns: Consumer spending patterns are a very important tool or dataset for businesses which can be used to understand market potential. It reveals customers who are likely to buy certain categories of goods and services and where they are geographically located. Without this information businesses could be located in the wrong places or could target the wrong customers

3.  Level of disposable income: Disposable income refers to the amount of income left after taxes are paid. This metrics is important for businesses because that is the fraction of earnings that consumers spend on to buy goods and services.The higher the disposable income, the higher the demand for firms products will be.

4 0
4 years ago
240,000 were started and completed in April. April's beginning inventory units were 60% complete with respect to materials and 4
elena-14-01-66 [18.8K]

Question Completion:

During April, the production department of a process manufacturing system completed a number of units of a product and transferred them to finished goods. Of these transferred units, 60,000 were in process in the production department at the beginning of April.

Answer:

1. The number of units transferred to the Finished Goods Inventory is 218,000.

2. Number of equivalent units with respect to materials and conversion:

Materials = 305,600

Conversion = 264,600

Explanation:

a) Data and Calculations:

                                              Materials     Conversion

Beginning inventory                  60%             40%

Units completed before          36,000           24,000

Units completed now              24,000           36,000

Equivalent units of production:

Started and completed         240,000        240,000

Ending inventory (82,000 units) 80%           30%

=                                               65,600          24,600

Total equivalent unit            305,600        264,600

The number of units transferred to finished:

Beginning inventory units         60,000

Units started and completed  240,000

Total units available                300,000

less Ending inventory units      82,000

Units transferred out              218,000

b) Using the weighted-average method, the equivalent units of production are equal to the units started and completed plus the units of ending inventory based on the degree of completion.

6 0
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Answer:

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Why did this type of work interest you? How did you get started?
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Answer:

True

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