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Aleonysh [2.5K]
2 years ago
15

A company has a factory that is designed so that it is most efficient (average unit cost is minimized) when producing 27,100 uni

ts of output each month. However, it has an absolute maximum output capability of 33,000 units per month, and can produce as little as 7,000 units per month without corporate headquarters shifting production to another plant. If the factory produces 17,470 units in October, what is the capacity utilization rate in October for this factory
Business
1 answer:
neonofarm [45]2 years ago
7 0

Answer: 64.47%

Explanation:

Units produced in October = 17470

Units production in the most efficient way = 27,100

Therefore, the capacity utilization rate in October for the factory will be:

= Units produced in October / Units production in the most efficient way

= 17470 / 27100

= 0.6447

= 64.47%

The capacity utilization rate in October for this factory is 64.47%.

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Answer:

a. 0.05

b. $68,750

a. $1,150,000

b. 0.1

c. $115,000

Explanation:

Depreciation expense using the double declining method = Depreciation rate x cost of the asset

Depreciation rate = 2 x (1/useful life)  = 2 / 40 = 0.05

The double-declining-balance depreciation for the first year = 0.05 x $1,375,000  = $68,750

Straight line depreciation expense = (Cost of asset - Salvage value) / useful life

The depreciable cost = Cost of asset - Salvage value = $1,450,000 - $300,000 = $1,150,000

The straight line rate = 1 / useful life = 1 / 10 = 0.1

The annual straight-line depreciation = $1,150,000 x 0.1 = $115,000

5 0
3 years ago
The _____________ approach to GDP follows the flows of income to each sector of the economy and concludes with the GDP..
grandymaker [24]

Answer:

D. None of the above

Explanation:

Gross Domestic Product (GDP) is the total monetary value of all the goods and services a country produces within a period of time.

There are various approaches to calculating GDP which include; the income approach, expenditure approach and output approach.

The income approach to calculating GDP considers income from all the factors of production (profits, interest, rental and labor incomes) in each sector of the economy to arrive at the National income of the country.

6 0
2 years ago
Which of the following individual achievements is not suitable to include in a college application?
satela [25.4K]

Answer:

Grade 6 spelling bee champion

Explanation:

it is not relevant by the time you are applying for college, and does not say very much about you as a person & what you like to do.

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Compute cost of goods sold using the following information: Finished goods inventory, beginning $ 540 Cost of goods manufactured
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4 0
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If a manufacturing plant that employs 20% of the local labor force closes, the likely effect on the area’s real estate values
love history [14]

Answer:

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First is important to remember the supply and demand principle. We can analyze this by the law of supply and demand.

The law of supply states that "the quantity of a good supplied rises as the market price rises, and falls as the price falls".

Conversely, the law of demand says that "the quantity of a good demanded falls as the price rises, and the quantity of a good increase as the price decrease".

For this case if the manufacturing plant close 20% of the people in the area will not have a job and the prices of the real state values will tend to decrease and if the prices decrease the quantity falls from the supply law.

 

6 0
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