<h2>Before you buy a car you need to know your need and your <u>budget</u></h2>
Explanation:
There are many things associated with the car:
1. Test drive: You can do a test drive check whether the car suits your style and it is driver-friendly and also whether it is worth for the money
2. Check for credit score: You can check your credit score to save your money though not huge but a little
3. Compare prices: Compare the prices of the car with other shops and choose the best one.
4. Do a review of repair records: It is better to check the review so that we can assess the life time of the car and in tandem with the amount of the car.
Last but not the least, you must understand your need and the budget because these are two essential things which comes in front of you when you think about buying a car.
Answer:
The profit margin earned if each unit requires two machine-hours is 25%
Explanation:
For computing the profit margin, first, we have to compute the estimated overhead rate per unit which is shown below:
Estimated Overhead rate = (Estimated manufacturing overhead costs) ÷ (estimated machine hours)
= ($240,000) ÷ (40,000 machine hours)
= $6
Now the profit per margin would equal to
= Selling price per unit - direct cost per unit - overhead cost per unit × number of required machine hours
= $20 - $3 - $6 × 2
= $5
Now the profit margin would equal to
= (Profit per unit) ÷ (selling price per unit) × 00
= ($5 ÷ $20) × 100
= 25%
Is there a list of answers to choose from like A B C D? I would assume it would be something like the total amount gained after all expenses are taken into account. Example: After cost of the item that the store purchased it at, labor, electricity, etc. At least that's how we figured it out when I used to work fast food. Hope this helps.
Answer:
2.46
Explanation:
Given:
Student tuition at ABC University per semester credit hour = $250
Average class size = 30
Labor costs per class = $3,000
materials costs per student per class = $10
overhead costs per class = $15,000
a) Now,
The multifactor productivity ratio =
also,
Input = Labor costs + Total materials costs + Total overhead costs
or
Input = $3,000 + ( $10 × 30 ) + $15,000 = $18,300
And,
Output
= Average class size × credit hour × ( Student tuition + state supplements )
= 30 × 3 × ( $250 + $250)
= $45,000
Therefore,
The multifactor productivity ratio =
= 2.46