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Mashcka [7]
3 years ago
9

Taco Casa is considering installing touch screen terminals for patrons to place their food orders. A terminal can typically acco

mmodate the placement of 15 orders each hour while a human can process 20 orders each hour. If employee costs are $7.50/hour in wages and $4.50/hour in taxes, benefits and insurance, what is the per order opportunity cost of a touch screen?
Business
1 answer:
snow_lady [41]3 years ago
6 0

Answer:

$0.8

Explanation:

Data provided in the question:

Number of orders each hour = 15

Number of orders processed each hour = 20

Wages = $7.50/hr

Taxes = $4.50/hr

Now,

Total cost per hour = $7.50 + $4.50 = $12

Therefore,

By installing touch screen, Taco Casa can save $12 per hour

but touch screen can accommodate only 15 orders

Thus,

Per order opportunity cost of a touch screen

= Total amount saved ÷ Number of Orders accommodated by touch screen

= $12 ÷ 15

= $0.8

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The following information is available for Barnes Company for the fiscal year ended December 31: Beginning finished goods invent
weqwewe [10]

Answer:  $57,000

Explanation:

Given that,

Beginning finished goods inventory in units = 0

Units produced = 7,000

Units sold = 5,100

Sales = $663,000

Materials cost = $140,000

Variable conversion cost used = $70,000

Fixed manufacturing cost = $490,000

Indirect operating costs (fixed) = $102,000

Total Variable cost of units produced = Materials cost + Variable conversion cost used

                                                               = $140,000 + $70,000

                                                               = $210,000

Variable\ cost\ per\ unit = \frac{Total\ variable\ cost}{units\ produced}

                                               =\frac{210,000}{7,000}

                                               = $30

Units in ending inventory = Units produced - Units sold

                                          = 7,000 - 5,100

                                          = 1,900

Value of Variable costing ending inventory = Units in ending inventory × Variable cost per unit

                                                                        = 1,900 × $30

                                                                        = $57,000

5 0
3 years ago
You invent of a new type of dog leash. You choose a market segmentation approach and decide to target the large national populat
natita [175]

Answer:

refine your approach by going back to the drawing board

Explanation:

Considering the scenario described above in the question, the best thing to do is "refine your approach by going back to the drawing board."

This will give you the chance and opportunity to look for a better plan, then find a perfect segmentation approach that really meets and satisfy all of the effective segmentation conditions.

7 0
3 years ago
What is the typical relationship between time and interest rate
FrozenT [24]

The longer the period of time the higher the interest rate

8 0
3 years ago
Chrissy receives 200 shares of Chevron stock as a gift from her father. The stock cost her father $9,000 10 years ago and is wor
tangare [24]

Answer:

A. $3,500 gain

B. -$4,400 loss

Explanation:

A. Calculation for the amount of the gain or loss on the sale

Gain or loss on sale=$12,500-$9,000

Gain or loss on sale=$3,500 gain

Therefore the amount of the gain on the sale is $3,500

B.Calculation for the amount of the gain or loss on the sale

Gain or loss on sale=$4,600-$9,000

Gain or loss on sale=-$4,400 loss

Therefore the amount of the loss on the sale is

-$4,400 loss

5 0
3 years ago
Some managers use _____, which provides four indicators with which organizations can set goals and measure performance.
DerKrebs [107]

Answer:

balanced scorecard

Explanation:

The term that is being mentioned in this question is known as a balanced scorecard. This is a strategic management performance metric that is used to measure and provide feedback to a company's management by identifying and improving different internal business functions and their outcomes, usually in regards to the employees themselves. An example of a balanced scorecard can be seen in the attached photo.

8 0
4 years ago
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