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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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Which analogy best represents the relationship between jobs and careers?
anyanavicka [17]

Answer:

"A career is like a speedboat or a power boat, and a job is like a sailboat"

Explanation:

Careers are long term, jobs are not.

Speedboats go faster and farther than a sailboat would in a race.

That's just the connection I made, hope it helps. ^_^

3 0
3 years ago
Lahdekorpi OY, a Finnish corporation, owns 100 percent of Three- O Company, a subsidiary incorporated in the United States. Requ
RUDIKE [14]

Answer:

Lahdekorpi OY, a Finnish corporation and Three-O Company, a subsidiary incorporated in the United States

Transfer Pricing:

a) The best transfer pricing method in this case is the cost plus method.  This gives the transfer price as Cost + 50%.

b) The appropriate transfer price should be $3 ($2 x 1.5).

Explanation:

Transfer pricing arises when controlled entities set prices for exchange of goods and services.  When Lahdekorpi OY, a Finnish corporation, sells wooden puzzles to Three-O Company, given their relationship, transfer pricing has arisen.  It is the assignment of cost for goods and services exchanged between related parties, like a parent and a subsidiary.

There are many Transfer Pricing methods which entities and the taxing authorities can use to determine the best transfer price.  According to the Organisation for Economic Co-operation and Development (OECD) Multinational Entities and tax authorities can use any of these five main transfer pricing methods:

a) Comparable uncontrolled price (CUP) method. The CUP method is grouped by the OECD as a traditional transaction method (as opposed to a transactional profit method)

b) Resale price method

c) Cost plus method

d) Transactional net margin method (TNMM)

e) Transactional profit split method.

7 0
3 years ago
Blossom Corporation has provided the following data concerning its most recent month of operations. Show your work for full cred
Mila [183]

Answer:

Unitary production cost= $94

Explanation:

Giving the following information:

Variable costs per unit:

Direct materials $ 38

Direct labor $ 53

Variable manufacturing overhead $ 3

<u>The variable costing method incorporates all variable production costs (direct material, direct labor, and variable overhead). Variable selling and administrative expense is a period cost. </u>

Unitary production cost= 38 + 53 + 3

Unitary production cost= $94

7 0
3 years ago
Maria Am Corporation uses a process costing system. The Baking Department is one of the processing departments in its strudel ma
podryga [215]

Answer:

Explanation:

The following information can be derived from the question above:

The cost of the beginning work in the process inventory = $3,570

The cost of the ending work in the process inventory = $2,860

The cost that is added to the production = $43,120.

In the attached document, it should be noted that the cost of goods that were transferred out was calculated as:

The total cost to be accounted for minus the cost of the ending work in the process inventory. This is:

= 46690 - 2860

= 43830

The cost reconciliation report for the Baking Department for June has been solved and attached.

8 0
3 years ago
Suppose that two things happen simultaneously in the market for fish. First, a new technology allows fishing boats to catch more
inessss [21]

Answer:

Option A, Equilibrium quantity will increase but the effect on the equilibrium price is unknown without more information, is the right answer.

Explanation:

Option A is correct because the change in technology allows the person to catch more fish with the same crew. Thus, this will increase the supply, and the supply curve will shift rightwards. Moreover, the new study shows that a reduction in heart attack will cause an increase in the demand for fish. So the demand curve will shift rightwards. Here, we can see the increase in equilibrium quantity but we can not explain the effect on price due to lack of information. Therefore, option A will be right.

3 0
3 years ago
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