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3 years ago

Under conditions of imperfect competition, the mrp for the twelfth worker is calculated by

1 answer:

4 0

Answer: MRP or the Marginal Revenue Product is the addition to total revenue when one more unit of a product is produced and sold in the market. It can be calculated using the given formula,

$MRPn = TRn - TRn-1$

Therefore, MRP for the twelfth worker will be,

$MRP_{12} = TR_{12} - TR_{11}$

which is total revenue at 12th worker minus total revenue for the 11th worker.

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_____ is the efficient and effective execution of specific tasks. a. wisdom b. expertise c. strategic planning d. operational co

Anna [14]

I would say the answer is strategic planning

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3 years ago

Panamint Systems Corporation is estimating activity costs associated with producing disk drives, tapes drives, and wire drives.

Norma-Jean [14]

Answer:

b $18.50

Explanation:

We have to divide the Procurement cost pool over the total number of order which is the cost driver of this activity.

Cost pool: 370,000

Disk drives purchase orders: 4,000

Tape drivers purchase orders: 4,000

Wire drivers purchase drives: 12,000

Total purchase order 20,000

Now, we know the variables values so we can calculate the rate:

$370,000 cost pool/ 20,000 purchase order = $ 18.5

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3 years ago

If the expected return generated by a financial asset is greater than what is required for compensating the asset's risk, the de

Elis [28]

Answer:

False

Explanation:

Arbitrage refers to buying and selling stocks, commodities, bonds, currencies, or any other type of security. This process is carried out simultaneously, and a profit is made when the purchase price is lower than the selling price. E.g. a trader that purchases gold from a European seller and immediately sells it to an Asian buyer at a slightly higher price.

As technology advances, arbitrage has become more difficult to carry out because information is available to everyone. Before, a company could purchase a good (e.g. beef) in Texas and sell it at a higher price to a buyer in New York.

4 0

4 years ago

10. One drawback of a personal marketing survey is that A. the response time if rather long. B. respondents may misinterpret que

Andrew [12]

The correct answer that would best complete the given statement above is option D. One drawback of a personal marketing survey is that the answers may be influenced by the interviewer. A personal marketing survey is a research done to provide clients with high quality market research emphasizing on the client's needs and a consistent commitment to excellence.

8 0

3 years ago

Read 2 more answers

St. Kilda Enterprises produces parts for the electronics industry. The production manager and cost analyst reviewed the accounts

SOVA2 [1]

Answer:

a. Budgeted production cost for next month is $ 487,900

b Total production cost per unit for the previous month - $ 31.16 per unit

Total production cost per unit for the next month - $ 30.02 per unit

Explanation:

Computation for production cost for previous month

Variable manufacturing overhead $ 48,000

Direct Labor $ 187,500

Direct materials $ 92,500

Total variable costs $ 328,000

Fixed manufacturing overhead $ 61,500

Total manufacturing costs $ 391,500

No of units produced 12,500

Variable cost per unit ( $ 328,000 / 12,500) $ 26.24 per unit

Fixed cost per unit $ 4,92 per unit

Total production cost per unit for previous month $ 31.16 per unit

Computation of total production cost for next month

Variable production costs per unit $ 26.24 per unit

Budgeted production 16,250 units

Total variable production costs for next month

$ 26.24 per unit * 16,250 units $ 426,400

Add: Fixed production costs $ 61,500

Total production costs for next month $ 487,900

Computation or per unit cost for next month

Total production cost/ No of units budgeted

$ 487,900/ 16,250 = $ 30.02 per unit

6 0

4 years ago