Answer:
B, B
Explanation:
If Cuba decides to open up trade with the world grapefruit market, the price of domestic Cuban grapefruit for consumers will Increase because the opening of trading with the world will decrease amount of grapefruit available for the people in Cuba thereby creating shortage which will lead to increase in price. Cuban exports of grapefruits will Increase by virtue of opening to the rest of the world.
Answer:
The differential revenue is equal to $25,000.
Explanation:
Differential revenue is the difference in revenue that may occur due to different course of actions.
Here, the projected revenue of Alternative A is $125,000.
And, the projected revenue of Alternative B is $150,000.
The differential revenue can be found by calculating the difference between these two.
Differential Revenue
=$150,000-$125,000
=$25,000
So, the differential revenue for this decision will be $25,000.
Total labor content is 4.2143 min per shirt.
<h3>What do you mean by labor content?</h3>
The sum of all the process stages' individual times is known as the total labor content. For instance, if a procedure has two steps that each take 20 seconds, the total labor time is 40 seconds. Cycle time minus processing time is the definition of idle time.
Capacity of resource 1=35 shirts / hour
Time taken per shirt at resource 1=60 / 35=1.7143 minutes
Capacity of resource 2=24 shirts / hour
Time taken per shirt at resource 2=60 / 24=2.5 minutes
Therefore,
Total labor content = Time taken per shirt at resource 1+ Time taken per shirt at resource 2=1.7143+2.5=4.2143 minutes per shirt
Disclaimer
Shirts are made in a process with two resources. There is one worker in eachresource. The first resource has a capacity of 35 shirts per hour. The capacity of thesecond resource is 24 shirts per hour. Demand for this process is 20 shirts per hour. What is the total labor content in a shirt? Provide your answer in minutes per shirt.
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The frequent changes to which the organization must adapt demands that employees be continually trained to update their capabilities is known as cross-training program.
<h3>What is cross-training?</h3>
A program or a method in which an employee(s) who is a part of the organization is given the training of more than one skill on a frequent basis, such a method is known as cross-training.
Hence, the significance of cross-training is aforementioned.
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Answer:
Total Unit cost 430 $/Unit
Explanation:
ALCULATE UNIT COST :
AMOUNT
Beginning work in process 500
Direct material 800
Direct labour 300
Overhead (300*40%) 120
Total cost of job 1720
Units 4
Unit cost 430