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3 years ago

What is a land as a factor of production

Business

1 answer:

Lilit [14]3 years ago

4 0

Answer:

see below

Explanation:

Land as a factor of production will comprise the natural resources found beneath, on, and above the earth's surface. Land will therefore include the fertile land/soils used for agricultural productions, minerals, oil and gas, forests, water, and the space used to put up factories and businesses.

Land consists mostly of natural resources occurring on earth. The other factors of production consist of capital, labor, and entrepreneurship.

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Corporation produces a semiconductor chip used on communications. The direct materials are added at the start of the production

iren2701 [21]

Answer:

Equivalents Units Of Production Materials= 475,000

Conversion Costs 450,000

Cost of Completed Units =$ 5138250

Cost of Units in the Ending Inventory $ 604,500

Explanation:

Direct materials costs of $ 935,750

Conversion costs of $ 4,554,000

Total Manufacturing Costs $ 5489,750

Units % of Completion EUP

D.M C.C D.M C.C

Units completed 425,000 100 100 425,000 425,000

Ending Inventory 50,000 100 50 50,000 25000

Total Units Of Production 475,000 450,000

Direct Materials= $ 935,750/ 475000= $ 1.97

Conversion Costs = $ 4,554,000/ 450,000= $ 10.12

Cost of Completed Units =$ 5138250

Direct Materials = 425,000 * 1.97= $ 837250

Conversion Costs = 425,000 *10.12= $ 4301,000

Total Cost of Manufacturing Units= $ 5138250

Cost of Units in the Ending Inventory $ 604,500

Direct Materials = 50,000 * 1.97= $ 98,500

Conversion Costs = 50,000 * 10.12= 506000

Total Costs $ 604,500

7 0

3 years ago

Assume a $1,000 Treasury bill is quoted to pay 8% and matures in 3 months. 1. How much interest would an investor receive? (10 p

antiseptic1488 [7]

Answer:

i dont know

Explanation:

5 0

3 years ago

Identify the guideline that should be followed by a supervisor to discourage unions.

Mekhanik [1.2K]

<span>A supervisor can take many steps when it comes to handling unions within the company. First that should be taken into consideration is, the supervisor’s communication to his/ her people. The people should know that the supervisor is always available when they need to talk about the policies of the company and why there is no necessity to have a third party. The employees should also have the knowledge on what is going on inside the business. They should always be informed about the standing of the company in the market. Another is, there should also be an outlet where the employees can air out their concerns thus the supervisor should also provide these outlets. Another concern that should be addressed properly is the fairness of the pay. This means that the principle of paying the employees must be put into mind; this is that they are paid according to the work that they do and second is let the employee know that they are paid fairly. Do this by market surveying the wages every year. Be honest to the employees by letting them know the economic standing of the company. They will surely understand the situation. The company must also remember the employees who stood by them during the hard times by giving them fair returns when the company is already in a good standing. Next is, when you see that an employee is making good performance, companies must also do their responsibility by acknowledging the efforts and giving incentives for their good performance. </span>

6 0

3 years ago

If you were in a debate fighting for the rights of something what techniques should you use, just curious?

Crazy boy [7]

Techniques? Hm, well I’d definitely try to reason with them. I’d rely more on logos by giving facts or data that can be proven in some type of way.

This was the best answer I could give for right now, considering that I’m currently typing with one hand. Let me know if you have any further questions.

3 0

3 years ago

The Morris Corporation has $350,000 of debt outstanding, and it pays an interest rate of 8% annually. Morris's annual sales are

Vinil7 [7]

Answer:

8.14 times

Explanation:

The computation of the Time interest earned ratio is shown below:

As we know that

Times interest earned ratio = (Earnings before interest and taxes) ÷ (Interest expense)

where,

Earnings before interest and taxes = Income before income tax for the year + Interest expense

But before tha, we need to do the following calculations

The interest amount is

= $350,000 × 0.08

= $28,000

The net profit is

= $1,750,000 × 8%

= $140,000

The EBIT is

= Profit before tax + interest expense

= $140,000 ÷ (1 - 0.30) + $28,000

= $200,000 + $28,000

= $228,000

And, the interest expense is $28,000

So, the TIE ratio is

= $228,000 ÷ $28,000

= 8.14 times

3 0

3 years ago