Answer:
Hand saw is cheaper.
Explanation:
Given:
Material cost = $500
Electric saw cost rent per hour = $20
Building hour from electric saw = 6 hour
Building hour from hand saw = 15 hour
Time off pay from job = $8/hour
Computation of total cost from Electric saw :
Total cost from Electric saw = Material cost + Renting cost of electric saw + Time of from job
Total cost from Electric saw = $500 + (6 × $20) + (6 × $8)
Total cost from Electric saw = $500 + $120 + $48
Total cost from Electric saw = $668
Computation of total cost from hand saw :
Total cost from hand saw = Material cost + Time of from job
Total cost from hand saw = $500 + (15 × $8)
Total cost from hand saw = $500 + $120
Total cost from hand saw = $620
Hand saw is cheaper.
Answer:
A. Labour
D. Flour
Explanation:
A resource is something that supplies or adds value to a process. To this small business, resources will be all the things it uses to bake and deliver customers' cakes.
Labour and flour and useful in the baking of cakes. Without these two resources, the business will halt. Resources are, therefore, the inputs that make production possible.
Answer:A. $24,000
B. 36,000
Explanation:
The loss incurred by James is less than his coverage with each of the insurer.
The sum is apportioned on pro rata basis on the ratio of total insured.
$100,000 + $150,000=$250,000
A share is $100,000/$250,000/* $60,000
A= $24,000
B= $100,000/$250,000*$60,000
= $36,000
Answer:
The firm will need additional revenue of $90,000 to earn normal profit(zero economic profit)
Explanation:
Normal profit equals zero economic profit or when total revenue equals
the addition of explicit cost and Implicit cost. Implicit cost is the opportunity cost.
Explicit cost = $200,000 + $75,000 + $30,000 + $20,000 + $35,000
=$360,000
Implicit cost is $90,000
Total revenue is $360,000
Normal profit = $360,000 - ($360,000 + $90,000)
$360,000 - $450,000
-$90,000.
This means the firm will need additional revenue of $90,000 to earn normal profit(zero economic profit)
Help you know what is expected of you in your position.
i guess this is the right answer
