Answer:
a. Misallocation of resources
Explanation:
Misallocation of resources implies that assets are not put to their best, best, or proficient use. The utilization of the term misallocation in financial matters is that market analysts recognize two kinds of efficiencies: productive and allocative. The productive alludes to the (effective) utilization of assets to deliver given merchandise and ventures. The allocative alludes to which merchandise and enterprises ought to be created, and who ought to get the opportunity to devour them. Financial matters are generally worried about allocative thought of productivity.
Let
x = minutes used for jogging
y = minutes used for handball
z = minutes used for cycling
Th total time spent is 1 hour (60 minutes), therefore
x + y + z = 60
Because Mike jogs as long as he cycles, therefore
x = z
Therefore
2x + y = 60
or
y = 60 - 2x (1)
Jogging consumes 10 calories/min, handball consumes 9 calories/min and cycling consumes 12 calories/min.
The calories consumed in 60 minutes is 580, therefore
10 x + 9y + 12z = 580
Because x = z,
22x + 9y = 580 (2)
Substitute (1) into (2).
22x + 9(60 - 2x) = 580
22x + 540 - 18x = 580
4x = 40
x = 10
y = 60 - 2x = 40
z = x = 10
Answer:
10 minutes of jogging
40 minutes of handball
10 minutes of cycling.
Answer:
$648,000
Explanation:
Given that;
Net income = $360,000
Interest expense = $72,000
Times interest earned = 10
Net Income + Interest expense + Tax expense ÷ Interest expense = Times interest earned.
($360,000 + $72,000 + Tax expense) /$72,000 = 10
Tax expense = $288,000
Therefore;
Sunderland's income before taxes for the year
= Net income + Tax expense
= $360,000 + $288,000
= $648,000
Answer:
Unit product cost= $84
Explanation:
Giving the following information:
Units produced 8,700
Direct materials $13
Direct labor $55
Variable manufacturing overhead $1
Fixed manufacturing overhead $130,500
The absorption costing method includes all costs related to production, both fixed and variable. The unit product cost is calculated using direct material, direct labor, and total unitary manufacturing overhead.
Unitary fixed overhead= 130,500/8,700= $15
Unit product cost= 13 + 55 + 1 + 15= $84
