1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
slava [35]
3 years ago
11

Stillwater designs rebuilds defective units of its S12L7 kicker speaker model. During the year, stillwater rebuilt 7,500 units.

Materials and labor standards for performing the repairs are as follows:
Direct materials {1 recon kit @ $150 $150.00

Direct materials {1 cabinet @ $50} 50.00

Direct labor {5 hours @ $12 60.00

1. Compute the standard hours allowed for a volume of 7,500 rebuilt units.

2. Compute the standard number of kits and cabinets allowed for a volume of 7,500 rebuilt units.

3. Suppose the during the first month of the year, 3,750 standard hours were allowed for the units rebuilt. How many units were rebuilt during thenfirst month?
Business
1 answer:
Lina20 [59]3 years ago
5 0

Answer:

(1) 37,500 hours

(2) 7,500 kits

(3) 750 units

Explanation:

(1) Standard Hours allowed for 7500 rebuilt units:

= 7,500 × Direct labor hours

= 7,500 × 5 hours

= 37,500 hours

(2) Standard number of kits:

= 7,500 x 1 kits

= 7,500 kits

Standard number of cabinets:

= 7500 × 1 kits

= 7500 kits

(3) Number of units rebuilt:

= standard hours allowed for the units rebuilt ÷ Direct labor hours

= 3,750 ÷ 5

= 750 units

You might be interested in
Interest rates on 3-year Treasury securities are currently 1.92%, while 10-year Treasury securities yield 5.62%. If the pure exp
FromTheMoon [43]

Answer: 7.24%

Explanation:

From the question, we are told that:

3 years treasury securities have an interest rate = 1.92%

10 years treasury security has an interest rate = 5.62%

Let the 7 year treasury security interest in 3 years be represented by z.

Based on the expectation theory

( 1+1.92%)^3 × (1 + z%)^7 = (1 + 5.62%)^10

(1+0.0192)^3 × (1 + z%)^7 = (1 + 0.0562)^10

(1.0192)^3 (1 + z%)^7 = (1.0562)^10

1.05871(1 + z%)^7 = 1.72767

Divide both side by 1.05871

(1 + z%)^7 = 1.72767/1.05871

(1 + z%)^7= 1.6319

1 + z% = 1.6319^1/7

1 + z% = 1.6319^0.1429

1 + z% = 1.0724

z% = 1.0724 - 1

z% = 0.0724

We then convert the decimal to percentage

z = 7.24%

The market believes that 7-year Treasury securities will be yielding 7.24% in 3 years .

3 0
3 years ago
Assume that a firm hires an additional employee. If the marginal product for that employee is greater than for the previous empl
Tom [10]

If the marginal product for that employee is greater than for the previous employee hired, it must be that there are gains from specialization

<h3>What is marginal product ?</h3>
  • The marginal product or marginal physical productivity of an input (factor of production) in economics, and particularly neoclassical economics, is the change in output that results from using one more unit of a specific input (for example, the change in output when a firm's labor is increased from five to six units), assuming that the quantities of other inputs are kept constant.
  • The marginal product is the mathematical derivative of the production function with respect to that input if the output and the input are infinitely divisible, in which case the marginal "units" are infinitesimal.
  • When more of one input, such as labor, is used while maintaining a constant level of the other input, such as capital, the marginal product initially rises according to the "rule" of declining marginal returns.

To learn more about marginal product with the given link

brainly.com/question/13623353

#SPJ4

8 0
1 year ago
Which of the following describes the substitution effect of a price change?A) The change in demand that results from a change in
Liula [17]

Answer:

The answer is D. The change in quantity demanded of a good that results from a change in price, making the good more or less expensive relative to other goods, holding constant the effect of the price change on consumer purchasing power

Explanation:

Substitution effect is a concept in which, as the price of a good or service increases, less of the good or service is substituted for other less expensive.

For example, if the price of Pepsi were to rise, the substitution effect would cause the consumer to buy less of it and substitute more coca-cola for now relatively more expensive Pepsi.

Option A. is wrong because we are talking about the quantity demanded and not just demand. (Please take note).

6 0
3 years ago
Josefina is the only seller of sopapillas in town. Last week, she sold 200 sopapillas, and the marginal revenue of the 200th sop
Alex73 [517]

Answer:

Josefina is not maximizing her profits since she is making a loss of $0.25.

Explanation:

The marginal revenue is the total amount of revenue received from selling an additional unit of product while the marginal cost is the total cost incurred for producing an additional unit of product. The marginal cost and revenue can be compared to determine if producing and selling an additional unit is profitable or will cause a loss.

The profit/loss can be expressed as;

P/L=R-C

where;

P=profit

L=loss

R=total marginal revenue

C=total marginal cost

In our case;

P/L=unknown

R=marginal revenue per unit×number of units=1.50×1=$1.50

C=marginal cost per unit×number of units=$1.75×1=$1.75

replacing;

P/L=1.50-1.75=-$0.25

Since the marginal cost is greater than the marginal revenue, we can conclude that Josefina is making a loss of $0.25

7 0
3 years ago
A responsibility chart is used in operations consulting in planning the task responsibilities for a project. True False
KonstantinChe [14]

Answer:

True.

Explanation:

A responsability chart is useful for describing the participation of persons  completing labors and deliverables for a project or a business process. Some of the information considered in this type of chart is:

  • Labor or procedure.
  • Responsible.
  • Supervisor.
  • delivery date.
7 0
3 years ago
Other questions:
  • Calvert Corporation expects an EBIT of $25,300 every year forever. The company currently has no debt, and its cost of equity is
    11·1 answer
  • Big Dom’s Pawn Shop charges an interest rate of 27 percent per month on loans to its customers. Like all lenders, Big Dom must r
    15·1 answer
  • Great Southeast ​Company's Cash account shows an ending balance of $ 720. The bank statement shows a $ 26 service charge and an
    9·1 answer
  • During its first and second years of operations, Rogers Company, a corporation using a periodic inventory system, made undiscove
    7·1 answer
  • Dinklage Corp. has 8 million shares of common stock outstanding. The current share price is $82, and the book value per share is
    7·1 answer
  • Which of the following gives the best definition of cartel?
    7·1 answer
  • A corporation can trade its stocks in the financial markets as ____.
    10·1 answer
  • Christopher is a licensed sales agent sponsored by Coastal Realty in Corpus Christi, Texas. Jose has been a real estate broker i
    8·1 answer
  • More abundant leisure increases ______, but it ______ real gdp.
    7·1 answer
  • jon schwartz is an electrical engineer. he works as a temporary worker for a contracting company that builds germ-free rooms for
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!