1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
vichka [17]
3 years ago
10

how all calculations: Palmer Inc. currently produces 110,000 units at a cost of $440,000. Next year Palmer Inc. expects to produ

ce 115,000 units. Palmer’s relevant range is 100,000 to 120,000 units. If the cost is variable and 115,000 units are produced, the total cost ­­­­­_____. Group of answer choices will decrease will increase to $460,000 will stay the same will be indeterminate
Business
1 answer:
Mekhanik [1.2K]3 years ago
6 0

Answer:

Will increase to $460,000

Explanation:

Palmer Inc. currently produces 110,000 units at the rate of $440,000

Next year they are expected to produce 115,000 units

Since the cost is variable, the total cost can be calculated as

(440,000/110,000) × 115,000

= 4×115,000

= $460,000

Hence the total cost is $460,000

You might be interested in
Products is a manufacturer of large flower pots for urban settings. The company has these​ standards:
slega [8]

Answer:

Results are below.

Explanation:

<u>First, we need to determine the standard production costs:</u>

Direct materials= 9.6*4.55= $43.68

Direct labor= 1*15.80= $15.8

Variable manufacturing overhead rate= 3.40*1= $3.4

Predetermined fixed manufacturing overhead rate= 6*1= $6

<u>Finally, the standard cost per unit:</u>

Total unitary cost= 43.68 + 15.8 + 3.4 + 6= $68.88

5 0
3 years ago
Why, in summary, should managers think of staffing, training, appraising, and paying employees as a talent management process?
MakcuM [25]

Explanation:

The management of people in an organization is a constant and dynamic process that must be well structured, as it is the employees of the organization who will assist in the achievement of organizational goals and objectives.

Therefore, this process of recruiting, training, evaluating and paying employees must be well established in the organization as a fundamental process for organizational success. Each stage of the personnel management process is essential, and must always be organized, evaluated and monitored, so that there is continuous improvement in a company in all its systems. Through effective people management, there is greater motivation, greater productivity and greater organizational positioning.

5 0
3 years ago
Economics students often confuse (a) diminishing returns related to the variable factors of production and (b) diseconomies of s
Sholpan [36]

Answer:

Marginal Product:

The marginal product of an input that is being used in the production process of a good or services is the extra output generated by using the extra unit of that input. Alternatively, the marginal product is the output generated by the last unit of the input added only.

Explanation:

  1. Diminishing marginal returns means that as you adds more units of that input, the marginal product declines. That is, each additional of extra unit of the input results in decreased and less additional output. For example, the marginal product of labor usually decreases as the amount of labor increases because there is a fixed amount of capital used in the short run, so when labor increases, the capital per unit of labor decreases, which results in each and every extra working being less productive than the previous one.
  2. Dis-economies of scale, whereas, results in an increase in the average cost of production as the number of units increases. That's why diminishing marginal returns refers to production, and dis-economies of scale refers to the average cost. Dis-economies of scale often happened because the production levels get high, there is less management on each employee, resulting in each employee having less motivation to work as hard due to lack of production making it hard to notice that change.So, it may results in the average worker's productivity decreasing, causing the per-unit cost to rise.
7 0
3 years ago
DeMarcus has been general manager of the Surf and Turf Club restaurant for many years and always schedules extra staff for the b
Keith_Richards [23]

Answer:

illusion of control.

Explanation:

The illusion of control is the tendency for people to overestimate their ability to control events; for example, it occurs when someone feels a sense of control over outcomes that they demonstrably do not influence.

In the scenario, although Business has been consistently slow on Fridays in recent months, yet DeMarcus decides to continue with the extra staffing.

This is obviously a case of illusion because he has no control over the external business environment and there is no logical reason to continue with extra staffing.

3 0
3 years ago
How can choosing the right institution help you manage money effectively?
Ratling [72]

Answer:

You may get a better job, or it may make you more responsible. The money is the main thing, you will get paid better, so you wont have to worry abt money i guess.

Explanation:

3 0
3 years ago
Other questions:
  • For a honda accord, some factors shift demand left and others shift it right, as shown. classify each factor by how it shifts th
    14·1 answer
  • Phillips equipment has 75,000 bonds outstanding that are selling at par. bonds with similar characteristics are yielding 7.5 per
    11·1 answer
  • At the beginning of the year, manufacturing overhead for the year was estimated to be $477,590. At the end of the year, actual d
    7·1 answer
  • The objective of financial reporting include all of the following except to provide information that Group of answer choices is
    10·1 answer
  • Suppose a stock had an initial price of $92 per share, paid a dividend of $2.30 per share during the year, and had an ending sha
    10·1 answer
  • Imagine you are the owner of a natural gas company. You can either extract as much of the resource as fast as possible or delay
    9·1 answer
  • Backward sensitivity analysis software is used for:
    9·1 answer
  • The Neptune Company offers network communications systems to computer users. The company is planning a major investment expansio
    8·1 answer
  • Wasif would like to add some flair to text on a slide in his presentation. Which option can he use to create more dynamic graphi
    5·2 answers
  • What’s the answer???
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!