36% of monthly income is $1548. (0.36*1548)
So the "housing expenses plus other debt payments" should not be more than $1548.
Complete Question:
Collegiate Rings produces class rings. Its best-selling model has a direct materials standard of 8 grams of a special alloy per ring. This special alloy has a standard cost of $65.40 per gram. In the past month, the company purchased 8,700 grams of this alloy at a total cost of $567,240. A total of 8,300 grams were used last month to produce 1,000 rings. Read the requirements. Requirement 1. What is the actual cost per gram of the special alloy that Collegiate Rings purchased last month? (Round your answer to the nearest cent.) The actual cost per gram of the special alloy that Collegiate Rings purchased last month is $
Answer:
Collegiate Rings
The actual cost per gram of the special alloy that Collegiate Rings purchased last month is $65.20
Explanation:
Calculations:
Actual Cost per gram of special alloy = Total Actual Cost/Total Actual Quantity
= 567,240/8,700 grams
= $65.2
This value represents the cost of the special alloy per gram. It is obtained as calculated above. Price or cost per unit is always equal to the actual cost divided by the total quantity. The actual cost will be equal to the price charged by the supplier less any discounts or special allowances.
Answer and Explanation:
Answer and Explanation:
From the question;
MRTs of capital labor > r/w
Therefore MPK/MPL > r/w
MPL/w> MPK/r
The manufacturer earns more from the marginal capital than from labor so she should use more capital less labor to minimize production costs.
The options were
A) an incentive
B) an opportunity cost
C) equity
D) efficiency
Answer is A) an incentive
The worker is given some extra pay than his basic pay to encourage him to perform better in future for getting that extra commision. This increases his overall output and hence benefits the company.
Answer:
c. It may provide only a temporary market advantage.
Explanation:
According to my research, the first mover strategy is a marketing strategy that offers an advantage by gaining the initial significant occupant of a market segment. This is usually caused by the inquiry of new technological leadership or purchase of early resources, even though this may only provide a temporary market advantage.
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