Answer:
I) The real rate of interest is determined by the supply and demand for funds.
III) The real rate of interest can be affected by the actions of the Fed.
Explanation: The interest rate is determined by the interaction of the demand and supply of loanable funds. Increases in supply will decrease the interest rate and increase the total amount of borrowing and lending. Decreases in supply will increase the interest rate and decrease the total amount of borrowing and lending.
When the Fed cuts interest rates, consumers usually earn less interest on their savings. Banks will typically lower rates paid on cash held in bank certificates of deposits (CDs), money market accounts and regular savings accounts. The rate cut usually takes a few weeks to be reflected in bank rates.
Answer:
correct option is a. $5,935
Explanation:
given data
Direct materials = $3,193
Direct labor hours = 21
Direct labor wage rate = $12
Machine hours = 166
overhead rate = $15
solution
we get Direct labor that is
Direct labor = 21 × $12
Direct labor = 252
and
manufacturing overhead is
manufacturing overhead = 166 × $15
manufacturing overhead = 2490
so here total cost will be
total cost = Direct materials + Direct labor + manufacturing overhead ............1
Total cost = $3,193 + $252 + $2490
Total cost = $5935
so correct option is a. $5,935
Answer:
$100,000,000
Explanation:
To calculate relevant break even cost point we ignore all the sunk funds and fixed costs that have already been paid.
This includes,
R&D funds of $1 billion
Tools of $0.5 billion
Factory of $1 million
None of these are the relevant or incremental costs and thus to calculate break even for this order, they will be avoided.
The Break even cost = 50,000 * 2000 = $100,000,000
We only account for the cost of producing each additional unit that is the Marginal Cost of $2,000/missile.
Hope that helps.
Answer:
Alpha Technology
Outstanding Computer's consumption ratio for setup hours is:
b. 0.48
Explanation:
a) Data and Calculations:
Overhead activities and costs:
Setting up equipment $3,000
Machining $15,000
Excellent Outstanding
Laptops Computers
Direct Labor $25,000 $10,000
Direct Materials $20,000 $5,000
Expected Production in Units 3,000 3,000
Machine Hours 850 2,000
Setup Hours 80 75
Total setup hours = 155 hours
Outstanding Computer's consumption ratio for setup hours = 75/155 * 100
= 48%
First-line managers generally require more technical skills and fewer conceptual skills.
Conceptual skills are vital for top managers, less critical for mid-degree managers and no longer required for first-stage managers. As we move from the bottom of the managerial hierarchy to the pinnacle, the significance of these capabilities will upward thrust. Professional first-line managers can pay attention, talk, and write truely and continually, speaking for maximum effect with people at all degrees inside the organization, including team members, superiors, friends, and others. it is specifically important to correctly speak desires and expectations.technical abilities are the most vital for lower level managers because the managers surpervise the workers who produce products or serve clients. Group leaders and first-line managers want technical understanding and competencies to train new employees and help employees remedy problems. Pinnacle managers need sturdy conceptual abilities, whilst the ones at midlevels need top interpersonal abilities and those at lower stages want technical abilities. All managers want robust communication, selection-making, and time-management skills.
Because of this first-line managers need to be skillful hassle solvers who recognize the way to quick expand alternative plans and enforce them within teams. First-line managers have to remain agile and flexible when shifts unavoidably occur within an organizational structure.
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