The Labor cost = Units Produced * Direct Labor hours per Unit * Direct Labor rate per Hour is <u>$ 1,200,000.</u>
= 15,000 * 4 * $20
= $ 1,200,000
Answer: $ 1,200,000
Production is the process of combining various tangible and intangible inputs (plans, knowledge) to produce things for consumption (outputs). It is the act of creating output, goods, or services that are of value and contribute to an individual's benefit.
An example of production is the manufacture of automobiles. A car is made up of parts. For example, rubber tires are added to a metal body to create a seat before the car leaves the assembly line. “Production is the organized activity of transforming resources into final products in the form of goods and services. The goal of production is to meet the demand for such transformed resources.
Learn more about production here:
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Answer:
real interest rate = -3.08%
Explanation:
real interest rate = nominal rate - inflation rate
- nominal interest rate = [($562/$509) - 1] x 100 = 10.41%
- inflation rate = [(143/126) - 1] x 100 = 13.49%
real interest rate = 10.41% - 13.49% = -3.08%
since the real interest rate is negative, the investor actually lost money in real dollars. This means that the amount of goods that the investor could purchase before making the investment is higher than the amount of goods he/she will be able to buy after the investment.
The 5 Partnership Firms:
(Chronological order)
1) "Contract for Partnership"
2) "Maximum number of Partnership is 20"
3) "Carrying on business with Partnership"
4) "Sharing on profit with Partnership"
5) "Mutual Agency in a Partnership"
These are the five profiles of Partnership in any corporate agency
Answer:
40 air conditioner and 60 fans yield a 1,900 dollar profit
Explanation:
We apply this constrain on excel solver tool.
Wiring Drilling Profit per unit Total Profit
AC 40 units 120 80 25 1000
Fan 60 units 120 60 15 <u> 900 </u>
240 140 1900 1,900
Answer:
$47
Explanation:
Because she can afford the 144 bushel plan, in the long run it is cheaper per bushel so you would choose to market that one to her because it is cheaper in the long run for as well as she grows more bushels.
