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omeli [17]
4 years ago
6

The Average Product of Labor is Question 17 options: A) the ratio of output to the number of workers used to produce that output

. B) the amount of output that can be produced by a given amount of labor. C) the change in total product resulting from an extra unit of labor, holding other factors constant. D) equal to the marginal product of labor when the average product is increasing.
Business
1 answer:
Usimov [2.4K]4 years ago
4 0

Answer:

A. The ratio of output to workers used to produce that output

Explanation:

Average Product(AP): This is the output per unit of factor input. It is the average of the total product per unit of output.

Average Product = Total Product/ Units of Variable Factor Input

Average product of labor is the output produced per units of labor.

That is,

Average product of labor (APL)= Total product/ units of labor

Example: suppose a firm produce a total output of 300 units using 30 workers. Find the average product of labor

Solution

Average product of labor= Total output/units of labor

Total output= 300 units

Units of labor= 30 workers

Therefore,

Average product of labor= 300 units/30 workers

=10 units per worker.

Total product is the total amount of output produced at a given amount of inputs.

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Medium:
Sever21 [200]

Answer: 335000

Explanation:

The company's cost of goods available for sale will be calculated as the addition of the begining inventory, the net purchases and the freight. This will be:

= Beginning inventory + Purchases + Freight

= 250000 + 70000 + 15000

= 335000

4 0
3 years ago
Breakin Away Company has three employees-a consultant, a computer programmer, and an administrator. The following payroll inform
aleksandr82 [10.1K]

Answer:

Gross pay:

  • consultant $2,310
  • computer programmer $2,100
  • administrator $2,760

Net pay:

  • consultant $1,694.73
  • computer programmer $1,539.68
  • administrator $1,945.78

Explanation:

                                           regular earnings     overtime    withholding  

                                                                                               allowances

Consultant                          $2,310 per week       N/A                3

Computer programmer          $30 per hour        1.5                  2

Administrator                          $46 per hour          2                   1

computer programmer worked 60 hours = ($30 x 40) + ($30 x 20 x 1.5) = $2,100

administrator worked 50 hours = ($46 x 40) + ($46 x 10 x 2) = $2,760

Social security taxes:

  • Consultant = 6% x $2,310 = $138.60                        
  • Computer programmer = 6% x $2,100 = $126        
  • Administrator = 6% x $2,760 = $165.60

Medicare taxes:

  • Consultant = 1.5% x $2,310 = $34.65                        
  • Computer programmer = 1.5% x $2,100 = $31.5        
  • Administrator = 1.5% x $2,760 = $41.40

Federal income taxes:

  • Consultant: amount subject to withholding = $2,310 - (3 x $70) = $2,100. Federal income taxes = $356.90 + [28% x ($2,100 - $1,796) = $442.02                        
  • Computer programmer = amount subject to withholding = $2,100 - (2 x $70) = $1,960. Federal income taxes = $356.90 + [28% x ($1,960 - $1,796) = $402.82            
  • Administrator = amount subject to withholding = $2,760 - $70 = $2,690. Federal income taxes = $356.90 + [28% x ($2,690 - $1,796) = $607.22  

Gross pay:

  • consultant $2,310
  • computer programmer $2,100
  • administrator $2,760

Net pay:

  • consultant $2,310 - ($138.60 + $34.65 + $442.02) = $1,694.73
  • computer programmer $2,100 - ($126 + $31.50 + $402.82) = $1,539.68
  • administrator $2,760 - ($165.60 + $41.40 + $607.22) = $1,945.78
8 0
3 years ago
Three highly similar and competitive income-producing properties within two blocks of the subject property have sold this month.
EastWind [94]

The overall capitalization rate by direct market extraction assuming each property is equally comparable to the subject is 11.4%

Explanation:

Capitalization is the accounting of expenditures and the regular distribution of investments in fixed reserves over future years. Capitalisation, in other words, includes an expense usually documented in a temporary account and reported as an income account on a permanent basis.

Take the average of the three property capitalization rates to find the overall capitalization rate.

4 0
3 years ago
Under the Uniform Securities Act, the threshold where a State-registered adviser is considered to have taken custody of client f
VashaNatasha [74]

Answer:

The advisory fees will be "$500, 6 months or more in advance of rendering services".

Explanation:

  • Whenever a nation-registered investment manager recognizes $500 (and sometimes more) of advanced consulting fees, 6 months more than before anticipation of providing services, then perhaps the consultant is deemed to have obtained ownership of customer funds being defined by NASAA.
  • (In comparison, it should also be noted that perhaps the Advisers (investment) Act of year 1940 established the cap at $1,200 among Federal Covered consultants, although that wasn't the law for govt-registered consultants).
6 0
3 years ago
In which stage of the product planning and development process would it be appropriate to give product samples to a panel of pot
snow_lady [41]

Answer:

c. Product development stage

Explanation:

Product development stage -

In the method of product planning and development , the product development is one of its stage .

Product development stage basically incircles the technical activities of the design and engineering .

In this stage the brand name , packaging and label is deceased , and in this very step the samples are given to certain potential customers .

Hence, from the given information of the question,

The correct option is c. Product development stage .

8 0
3 years ago
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