Answer and Explanation:
The computation is shown below:
(a) Standard direct materials price per pound of raw materials is
= Purchase price + freight in + receiving and handling
= $3 + $0.50 + $0.20
= $3.70
(b) Standard direct materials quantity per gallon is
= Required material + allowance for waste and spoilage
= 3.50 pounds + 0.80 pounds
= 4.30 pounds
(c) Total Standard direct materials cost per gallon is
= Standard direct materials price per pound of raw materials × Standard direct materials quantity per gallon
= $3.70 × 4.30 pounds
= $15.91
We simply applied the above formulas
Answer:
We should not take the contract
Explanation:
Net present value = Initial investment + Present value of cash inflows
Net present value = -95000 + 100000/1.08
Net present value = -2407.41
Thus, the contract should not be taken because the NPV is negative
The strategy of modern manufacturing which Adam Smith was referring to is SPECIALIZATION.
Division of labour involves the division of a production process into many stages, each of which is handled by different employees. Division of labour leads to specialization; this is because one develop expertise in any skill that one engage in continuously.
Answer:
Medicare
Explanation:
I think b because we can only get it free on very poor and undeveloped are but it cost high in developer area
