<span>This is everyday low pricing, which is also known as EDLP. Usually, the EDLP is in the range of a high-low retailer's promotional price. However, the EDLP is not a discounted price. People are attracted to this price, because it is something they can count on.</span>
Let x be the number of television panels that the Company B produced. It is stated in this item that 5% of these panels are defective. The number of defective panels from Company B is therefore equal to 0.05x.
With the representation above, the total number of panels produced by the two companies is equal to 12000 + x. The percentage of total defective panels to the total panels produced can be expressed through the equation,
((12000)(0.02) + 0.05x) / (12000+x))(100) = 3
Dividing the equation by 100
(240+0.05x)/(12000+x) = 0.03
Cross-multiplying the denominator of the left-hand side to the right hand side of the equation,
240 + 0.05x = 360 + 0.03x
Transposing like terms,
0.02x = 120
Dividing the equation by 0.02.
x = 6000
<em>ANSWER: The number of tv panels produced by Company B is 6000. </em>
Answer:
d. 1.05 kilograms
Explanation:
Since we are looking for the standard quatity in kilograms of input per unit of out put we are going to sum up all the input for each unit of output in order to arrived at the standard quantity in kilograms.
Output unit required 0.92 kg
Add: waste and spoilage allowance 0.02 kg
Allowance rejected 0.11 kg
Standard quantity in kilograms 1.05 kg
Answer:
The insurance cost should be allocated to the products made in January and to those made in February is $8,000 and $7,000 respectively.
Explanation:
For computing the allocated insurance cost, first, we have to compute the per labor rate which is shown below:
Per labor rate = (Annual premium) ÷ (Labor hours)
= ($120,000) ÷ (48,000 hours)
= $2.5
Now the insurance cost would be
For January = Labor rate per hour × number of labor hours\
= 3,200 hours × $2.5
= $8,000
For February = Labor rate per hour × number of labor hours
= 2,800 hours × $2.5
= $7,000
The GDP Deflator is a measure of price inflation.