Answer:
$0.808
Explanation:
Given:
Number of workers hired = 6
Number of units to be produced = 90
Fixed cost of the product = $6 per unit
Variable cost = $10 per unit
Marginal product of the 7th unit of labor = 4
Now,
Total variable cost = Variable cost per unit labor × Total labor hired
or
The total variable cost = $10 × 7 = $70
Thus,
The total cost = Fixed cost + Total variable cost
or
The total cost = $6 + $70 = $76
Now,
the total units produced
= Unit produced by 6 labor + marginal product from seventh labor
or
The total units produced = 90 + 4 = 94
Hence,
the average variable cost of production when the firm hires 7 workers
= 
or
= 
= $0.808
Answer: C. Identify a single overhead rate as the predetermined overhead rate.
Explanation:
Activity based costing works by assigning indirect and overhead costs to the activities that caused the costs to be incurred and then assigning those activities to the products those activities helped produce such that indirect and overhead costing is more accurate.
The steps involved include, tracing and allocating overhead costs to activity coat pools, identifying and classifying the major activities involved in the manufacture of specific products, and assigning overhead costs to products based on cost drivers.
It does not include identifying a single overhead rate as the predetermined overhead rate. This is a step is in Standard Costing.
Yes, she can make the purchase and have money left over.
In this article, we go over the main interruptions we have during the course of the workday and how to prevent them to increase productivity.
<h3>What does a disruption strategy entail?</h3>
Christensen defines disruptive innovation as the process by which smaller organizations with fewer resources challenge established or incumbent businesses by fulfilling an unmet market need in the online course Disruptive Strategy.
<h3>What are the four disruption capacities?</h3>
The innovation pattern for technology products can be broken down into four stages rather than the traditional five stages of grief: disruption of the status quo, rapid and linear evolution, alluring convergence, and total reimagination. Any technology or product line can be arranged in this order at any given time.
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