Answer:
$53, 700
Explanation:
The question is not complete:
The completion is here:
6000 Units were produced and determine the total amount of direct manufacturing cost incurred.
Step 1: Calculate the Direct Manufacturing Cost
Direct manufacturing cost is the cost of those input raw materials that are directly related to the product as well as the units being produced.
Direct Manufacturing Cost = (The Direct Material/ Unit + The Direct Labour/ unit) x Units Produced
= ($5,20 + $3.75) x 6000 units
= $8.95 x 6000 units
= $53, 700
Therefore, the direct manufacturing cost is $53, 700
#1 goal-setting #2 decision-making
Answer:
To avoid possible agency problems, <em>profit sharing</em> should be included in your offer
Explanation:
<em>Profit sharing</em> has to be included to ensure trust and to also gain the new general manager's trust
Answer: $60
Explanation:
From the question, we are informed that At an oral auction for a lamp, half of all bidders have a value of $50 and half have a value of $70.
The expected winning bid if there are four bidders goes thus:
Since there are four bidders, the probability that the winning bid is $50 is 1/2 and for $70, it's 1/2 as well based on the question.
The expected winning bid will now be:
= ($50 × 1/2) + ($70 × 1/2)
= ($50 × 0.5) + ($70 × 0.5)
= $25 + $35
= $60
Answer:
Explanation:
Keeping cool while making a claim ensures clear explaination and direct tone of the message, which when directed towards the company. It helps the insurer work peacefully. Insurer will be happy to clear the claims of people who are cooperative and don't overplay with the value of the claim.
