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3 years ago

What is Homo Sociologicus??

1 answer:

8 0

It is a term used by a German sociologist during the comparison of economics and sociology in 1958.Comparisons were created to parody the image of attribute given in some social science models that conceive to limit the social forces that confirm individual tastes and social values

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Brief Exercise 23-1 Lopez Company uses both standards and budgets. For the year, estimated production of Product X is 534,000 un

guajiro [1.7K]

Answer:

a. $6

b. $3204000

Explanation:

Given:

Product X is 534,000 units
cost for materials $1,441,800
cost for labour: $1,762,200

(a) a standard cost

As we know standard cost is the cost of producing 1 unit and is recorded in a standard cost card. However, the cost of labor, materials and overhead are used to make a single unit, so

standard cost = unit variable cost = the total cost / the total number of unit.

In this situation, the overheading cost is not gven, so the total cost:

= The cost of labor + materials

= $1,441,800 + $1,762,200

= $3204000

=> standard cost = $3204000 / 534,000 = $6

(b) a budgeted cost represents the total costs

The total number of units * standard cost

= 534,000 * 6

= $3204000

6 0

3 years ago

The operations manager at a printing company has grouped together a work crew to assemble an order of 500 copies of an annual re

Ghella [55]

Answer: Cellular layout

Explanation:

The cellular layout is one of the organizational process in which the various types of similar produced are manufacturing together that contain some effective features and the characteristics.

The main goal of the cellular layout is that it helps in encompassing the various types of technology for producing the effective products more quickly.

According to the given question, the operational manager of the printing company where all the worked together for assembling an order of the 500 copies and this is an example of cellular layout.

Therefore, Cellular layout is the correct answer.

3 0

3 years ago

Identify the coefficient and exponent of these very large and very small numbers represented in scientific notation. Identify ho

viktelen [127]

Answer:

The answer is below

Explanation:

Scientific notation is a way in which real numbers both big and small are represented in decimal form. It is represented by dividing the number into two parts in the form of a × $10^b$ , where 1 ≤ |a| ≤ 10 and b is to the power of ten which makes it equal to the original number.

$1)\ 5890000=a*10^b=5.89*10^6\\\\hence,a=5.89,b=6\\\\2)\ 0.0000521=c*10^d=5.21*10^{-5}\\\\hence,c=5.21,d=-5$

3 0

3 years ago

The management of Salem Corporation is considering the purchase of equipment costing $109,000, which has an estimated life of 3

Andrej [43]

Answer:

Net present value of the equipment = $2,915

Explanation:

Given:

Equipment cost = $109,000

Estimated life = 3 years

Annual cash flow = $45,000

Discounted rate = 10% (3 year discount factor = 2.487)

Find:

Net present value of the equipment = ?

Computation:

Net present value of the equipment = Present value of Annual cash flow - Equipment cost

Net present value of the equipment = [Annual cash flow × discount factor] - Equipment cost

Net present value of the equipment = [$45,000 × 2.487] - $109,000

Net present value of the equipment = $111,915 - $109,000

Net present value of the equipment = $2,915

8 0

3 years ago

In recent years, progressive firms have embarked upon __________, where they will commit company resources and expertise toward

Andrews [41]

In recent years, progressive firms have embarked upon co-orperate social initiaitives, where they will commit company resources and expertise toward helping in broad-based humanitarian situations. This is further explained below.

Generally, a firm is simply defined as a firm Professional services are provided by a firm, which might be a corporation, a private corporation.

In conclusion, Co-operative social initiatives have been more popular among progressive businesses in recent years.