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mezya [45]
3 years ago
11

16. Probett's Auto Body Repair Shop had revenues that averaged $90,000 per week in April and $80,000 per week in May. During bot

h months, the shop employed six full-time (40 hours/week) workers. In April the firm also had four part-time workers working 25 hours per week but in May there were only 2 part-time workers and they only worked 10 hours per week. What is the percentage change in labor productivity from April to May for Probett's Auto Body Repair?
Business
1 answer:
Advocard [28]3 years ago
3 0

Answer:

productivity of labor increased by 16.24% in May respect to April

Which means the company was experimenting diminished return in their labor facot as reducing their quantity increase the marginal revenue generated

Explanation:

April productivity:

revenue $90,000

labor used: 40 x 6 + 25 x 4 = 340

productivity of labor:

90,000 / 340 = 264,70 each hour of labor generate 264.70 dollar of revenue

May productivity:

revenue 80,000

labor used: 40 x 6  +  2 x 10 = 260

productivity:

80,000 / 260 = 307,6923 = 307.69

each hour of labor gneerated $307.69 dollar of revenue

<em><u /></em>

<em><u>percentage change</u></em>

307.69/264.70 - 1 = 0,16241

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Kostelnik Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours
Leno4ka [110]

Answer:

Unit cost= $347.8

Explanation:

Giving the following information:

The total fixed manufacturing overhead cost of $468,000, variable manufacturing overhead of $2.10 per machine-hour, and 72,000 machine-hours.

Job A496:

Number of units in the job 10

Total machine-hours 80

Direct materials $ 930

Direct labor cost $ 1,860

First, we need to calculate the manufacturing overhead rate:

Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Estimated manufacturing overhead rate= (468,000/72,000) + 2.1= $8.6 per machine hour

Now, we can calculate the total cost:

Total cost= direct material + direct labor + manufacturing overhead

Total cost= 930 + 1,860 + (8.6*80)= $3,478

Unit cost= total cost/ number of units= 3,478/10= $347.8

8 0
3 years ago
You have a student who is constantly disrupting the class by talking out of turn and exhibiting off-task behavior during direct
sattari [20]

When this behavior is observed to impede discussions in school and the off-task behavior is impairing with the performance of the child. it might be wise to conduct an observational analysis on the child's behavior because these might be indicators of neurodevelopmental disorders or other related conditions such as conduct disorder. 
5 0
3 years ago
You have accepted a job as the president and CEO of a large transportation conglomerate. Over the years, the conglomerate has ac
rjkz [21]

Answer: a. Railroad loading

Explanation:

This question relates to the BCG matrix which allows a company with multiple divisions to know how to deal with its various divisions based on their growth rate and market share.

The question specifically relates to a matrix called "Cash cows". Cash cows are divisions that have a significant market share but a low growth rate. These divisions are stable and bring more money into the company than they cost to run.

This allows us to take profits from them and invest in other. The Railroad loading controls a significant market share of 75% but has a low growth rate so is a Cash cow.

6 0
3 years ago
5. The
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Answer:

Incidence; burden; shifted.

Explanation:

Taxation can be defined as the involuntary or compulsory fees levied on individuals or business entities by the government to generate revenues used for funding public institutions and activities.

The different types of tax include the following;

1. Income tax: a tax on the money made by workers in the state. This type of tax is paid by employees with respect to the amount of money they receive as their wages or salary.

2. Property tax: a tax based on the value of a person's home or business. It is mainly taxed on physical assets or properties such as land, building, cars, business, etc.

3. Sales tax: a tax that is a percent of the price of goods sold in retail stores. It is being paid by the consumers (buyers) of finished goods and services and then, transfered to the appropriate authorities by the seller.

Tax incidence can be defined as the manner or an analysis of how the burden of a tax (tax burden) is divided between the producers of goods and services and the consumers. This is to ensure that the burden for the manufacturing of the goods or services falls or rest on both the producer and the consumer of the product.

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7 0
3 years ago
Suppose that Jane enjoys Diet Coke so much that she consumes one can every day. Although she enjoys gourmet cheese, she consumes
PilotLPTM [1.2K]

Answer:

The correct answer is option b.

Explanation:

Jane enjoys Diet Coke so much that she consumes one can every day.

She likes gourmet cheese as well but she consumes it sometimes.  

If the price of Diet Coke rises, Jane decreases her consumption by only a very small amount.  

But if the price of gourmet cheese rises, Jane decreases her consumption by a lot.  

This is because, for Jane, diet coke is a necessity but cheese is a luxury good. So, when price increases the demand for diet coke will decrease by a little amount and demand for cheese will decrease by a great amount.

3 0
3 years ago
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