Answer: company’s direct labor budget = $320000
Explanation:
Given that,
Standard hourly labor rate in the Cutting Department = $12
It takes 30 minutes of direct labor time to cut the lumber
Tables take one hour to assemble
Standard hourly rate in the Assembly Department = $10
Lunchco’s production budget = 20,000
Cutting Department = production budget × direct labor time × Standard hourly labor rate
= 20000 × 0.5 hours/unit × $12/unit
= $120000
Assembly Department = production budget × Tables take one hour to assemble × Standard hourly labor rate
= 20000 × 1 hour/unit × $10/unit
= $200000
Therefore,
company’s direct labor budget = Assembly Department + Cutting Department
= 200000 + 120000
= $320000
Answer:
<u>A) $4.67</u>
Explanation:
In a perfectly competitive market, marginal revenue always is equal to price. Also, the price is not determined by the firms, it is given by the market because producers doesn´t have any power of decision in this matter.
Due to that, the price is constant, independent the quantity sold.
B) Multimedia artist and animator
Explanation:
As she works in multimedia forms and creates special effects for film, video and computer program J<u>anice will find her skills to be the most useful when she works as a multimedia artist and an animator</u>.
<u>It is a job with great scope and variety of work ranging from computer graphics, graphic designing and designing games and effects from films</u>.
As it is a growing industry Janice will find different avenues as she carves out these niches for herself.
Answer:
The measure of occupational prestige is determined through the process in which a nationwide sample of people is asked to evaluate a series of different jobs.
Explanation:
Occupational prestige is also known as job prestige. It is a way used by sociologists to define the social position or standing of people based on their occupation. Rather than using the personal attributes of individuals, it ranks people according to their profession or occupation. The ranks lie from 0 to 100, with 0 being lowest score and 100 the highest. These ranks are alloted to different professions by conducting nationwide surveys.
$700 at any given time, but that is presuming that you have paid your monthly premiums every month without fail until the accident occurs.
