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drek231 [11]
3 years ago
10

In companies that do not have "no lay-off" policies, the total direct labor cost for a budget period is computed by multiplying

the total direct labor hours needed to make the budgeted output of completed units by the direct labor wage rate.
a. True
b. False
Business
1 answer:
kari74 [83]3 years ago
4 0

Answer:

a. True

Explanation:

The formula to compute the total direct labor budget for the budget time period is shown below;

Total direct labor budget = Total direct labor hours required × direct labor wage rate

Through multiplying the direct labor hours required with the direct labor wage rate we can get the total direct labor budget and the same is to be considered

Hence, the correct option is a. True

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If total spending rises from one year to the next, then Select one: a. either the economy must be producing a larger output of g
DIA [1.3K]

Answer:

a. either the economy must be producing a larger output of goods and services, or goods and services must be selling at higher prices, or both

Explanation:

Total Spending is the total values of goods & services produced & transacted ( bought, sold ) in an economy, during a period of time.

Total Spending = Price of goods,services x Quantity of goods,services

So, if the total spending increases : It implies that either the quantity of goods & services, or their prices, or both have increased. As, amount spent is a product of both of them.

8 0
3 years ago
Two roadway designs are under consideration for access to a permanent suspension bridge. Design 1A will cost $1.7 million to bui
Vladimir79 [104]

Answer and Explanation:

A. Given that Design 1A will cost $1.7 million to build and $175,000 per year to maintain

Given that Design 1B will cost $3.6 million to build and $40,000 per year to maintain

Both designs are assumed to be permanent

To find ROR using AW based rate of return equation, we find present value of each design and equate them:

Each design is permanent so

Present value of perpetuity:

Design 1A= 1700000+175000/r

Design 1B = 3600000+40000/r

=1700000+175000/r=3600000+40000/r

135000/r=1900000

Cross multiply

r=135000/1900000

r= 0.0710

r=7.10%

B Given that ROR=7.10% and MARR is 25%

MARR>ROR

Hence we reject both designs

5 0
3 years ago
Suppose the number of firms you compete with has recently increased. You estimated that as a result of the increased competition
marysya [2.9K]

Answer and Explanation:

An increase in the number of firms increases the demand elasticity. As the demand elasticity increases from 2 to 3 it means you could encounter less demand if product prices are increased. At a demand elasticity of -3, it is regarded as inelastic demand and a change in price will not affect the demand for the product as customers are still likely to patronize the product example gasoline. Due to its high demand, an increase in price will not readily affect the demand for it. Therefore if you are to change the price from $10 at 2 to 3 demand elasticity increase, the percentage of increase from 2 to 3 is given as.

3-2/2 X 100 = 50%

The new charge (x) at -3 demand elasticity = 50%/3 = 0.66666666

The increase in the new charge is therefore $10 + $10x = $10 + $10(0.166666) = $11.67

3 0
3 years ago
Maria and Beth are college students who share an off-campus apartment. The rent is $800 a month, which they agreed to share equa
LenKa [72]

Answer:

a small claims court

Explanation:

A small claims court is a local court where a plaintiff can make a claim regarding small amounts of money. Usually small claims courts only have jurisdiction over private disputes regarding money owed under agreement (applies to Maria's claim), unpaid loans, property damage, contract breaches, etc. Small claims court can handle cases up to $35,000 and you usually do not need a lawyer.

4 0
3 years ago
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When comparing economic, political, and environmental push and pull factors, which of the following is most accurate?
lapo4ka [179]
I had to look for the options and here is my answer. In the comparison of political, economic and environmental push and pull factors, we can say that the statement that shows accuracy related to this is this: "the most common environmental push factor is water." (This answer is based on the actual options attached to this question.)
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