1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
sweet-ann [11.9K]
3 years ago
5

Hoosier Manufacturing operates a production shop that is designed to have the lowest unit production cost at an output rate of 1

60 units per hour. In the month of July, the company operated the production line for a total of 295 hours and produced 34,900 units of output. What was its capacity utilization rate for the month
Business
1 answer:
soldier1979 [14.2K]3 years ago
7 0

Answer:

The Capacity utilization rate is 73.94 units per hour for the month.

Explanation:

Provided data,

Output rate = 160 units per hour

In the month of July,

Total production hour = 295 hours.

Total units = 34900 units.

Ideal output units in the month of July = output rate × total production hour

= 160 × 295

= 47200 units.

Capacity utilization rate of production shop is given by,

Utilization rate = (output unit in July ÷ idea output) × 100

= (34900 ÷ 47200) × 100

= 0.7394 × 100

= 73.94 units per hour

So, the Capacity utilization rate is 73.94 units per hour for the month.

You might be interested in
You would like to borrow money three years from now to build a new building. In preparation for applying for that loan, you are
zysi [14]

Answer:

Option "D" is the correct answer to the following statement.

Explanation:

The cash coverage ratio helps find the available cash in hand or cash at the bank to pay for the expenditure of a loan. The ratio must be considerably higher to 1: 1, it shows our potential to pay interest. In this situation Option "D" has the highest Cash coverage ratio.

The debt-equity ratio is used to find the firm's credibility.

5 0
3 years ago
Suppose that in the market for loanable funds, the governement is currently running a deficit, and net exports are negative. The
balu736 [363]

Answer:  4. Demand will shift inwards, lower rates and decreasing lending.

Explanation:

People demand loanable funds for spending on consumption and investment. If there is a recession, people will buy less goods and companies will invest less as well.

This will reduce the demand that people and companies have for loanable funds. The demand will therefore shift inwards to the left and lead to lower rates and decreased lending.

5 0
2 years ago
What is a dashboard? What are the elements? and how is it useful for<br> managers?
zmey [24]
These dashboards help teams keep track of the progress and success of company-wide metrics and enable management to make data-driven decisions on future business goals. Management dashboards may include graphs, images, tables, numeric data, and data from case studies, or a combination of these elements.
6 0
2 years ago
Read 2 more answers
Define asset-backed security in your own words.​
Bezzdna [24]

Answer:

Asset-backed securities, also called ABS, are pools of loans that are packaged and sold to investors as securities

Explanation:

there you go

7 0
3 years ago
Which of the following taxes are paid by the employee and the employer? a.FUTA b.Federal withholding taxes c.SUTA d.FICA
vlabodo [156]

Answer:

The correct answer is letter "D": FICA.

Explanation:

The FICA (<em>Federal Insurance Contributions Act</em>) is a U.S. law that requires a paycheck deduction to be paid to <em>Social Security</em> and <em>Medicare</em>. Employers and employees share half the payment unless an individual is self-employed meaning the full amount must be covered by that person.

8 0
2 years ago
Other questions:
  • Wiskurv Inc. is a large electronics supplier that does not rely exclusively on traditional financial measures for organizational
    13·1 answer
  • You are purchasing an equipment for $ 200,000 for your new store. Assume the store has no other expenses or revenues other than
    8·1 answer
  • During 2019, its first year of operations, Bento Steel Corporation reported a net operating loss of $500,000 for financial repor
    7·1 answer
  • The amount of interest is determined by multiplying the amount in savings by the:
    11·1 answer
  • Baxley Brothers has a DSO of 46 days, and its annual sales are $6,205,000. What is its accounts receivable balance? Assume that
    11·1 answer
  • According to surveys, the second largest expense of a typical American<br> consumer is
    5·2 answers
  • The GDP price index is multiple choice 3 computed for each industry sector. a measure of the price of a specified collection of
    14·1 answer
  • Plz click the photo and help me multi choicee ​
    5·2 answers
  • 2) Company issues
    13·1 answer
  • Libraries and the registrar/bursar are examples of resources that
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!