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3 years ago

What factor reflects the 'cost of money'?

Business

1 answer:

abruzzese [7]3 years ago

5 0

Answer:

Production opportunities, time preferences for consumption, risk, inflation. Explanation: The cost of money is the interest rate that lenders charge borrowers, and is determined by the supply and demand of funds.

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Pat manages the customer care department of her firm. She is very happy with her team of 15 customer care representatives who'v

Serggg [28]

Answer:

Motivation

Explanation:

Motivation in work is when employees are incentivized due to their good performance, this happens when they provide the company a greater value. There are two kinds of motivation:

Internal: it includes emotions and thoughts, in the exercise given this internal motivation is letting the team know that they are doing good
External: includes salary and work environment, in the case given the bonuses are the external motivation

I hope you find this information is useful and interesting! Good luck!

3 0

2 years ago

Jarvis Company produces a product that has a selling price of $25 and a variable cost of $17 per unit. The company's fixed costs

Sholpan [36]

Answer:

The break-even point measured in sales dollars is $8

6 0

2 years ago

Upton Manufacturing Corporation has a traditional costing system in which it applies manufacturing overhead to its products usin

Nataliya [291]

Answer:

$67.80.

Explanation:

Long Short

Direct materials per unit $ 14.70 $ 48.50

For 60,000 units 882,000

Direct labor per unit $ 17.30 $ 50.90

For 60,000 units 1038000

Direct labor-hours per unit 0.70 2.10

Estimated Overhead 1796,077 1690,343

Total Costs 3716077

Unit Cost = Total Costs/ No of units = $ 3716077/ 60,000= $ 61.93=$ 62

Working

Direct labor support Cost for Long= ( $ 2,034,020 / 63,000 )* 42,000 =

$ 1356,013

Setting up machines Cost for Long(434,400 / 2,940 )*1190= $175,829

Part administration Cost for Long =( 1,018,000 / 3,660)* 950= $ 264,235

Long Short

Direct materials per unit $ 14.70 $ 48.50

Direct labor per unit $ 17.30 $ 50.90

Direct labor-hours per unit 0.70 2.10

Annual production 60,000 10,000

Estimated total manufacturing overhead $3,486,420

Estimated total direct labor-hours 63,000

Activities Activity Estimated

Measures Overhead Cost

Direct labor support (DLHs) $ 2,034,020

Setting up machines (setups) 434,400

Part administration (part types) 1,018,000

Total $ 3,486,420

Expected Activity Long Short Total DLHs

42,000 21,000 63,000

Setups 1,190 1,750 2,940

Part types 950 2,710 3,660

The unit product cost of product Long under the company's traditional costing system is closest to:

3 0

3 years ago

Which of the following represents frictional unemployment? i) The demand for refrigerators falls when the economy enters a reces

lyudmila [28]

Answer: Option (iv) is correct.

Explanation:

Frictional unemployment is always present in an economy. Frictional unemployment occur because of the transitions in the employment of the individuals. It is included in the natural unemployment, because it shows the minimum level of unemployment in the economy.

When a person quit his first job and looking for a new job, this is known as frictional unemployment.

So, option(iv) is correct.

5 0

2 years ago

Assume banks are required to hold reserves equal to 20 percent of deposits. Instructions: Enter your responses as a whole number

stellarik [79]

Answer: $100

Explanation:

If the reserve requirement is 20% then the required reserves being held by the company is:

= Total deposits * reserve requirement

= 8,000 * 20%

= $1,600

The reserves held by the company of $1,700 comprise of both the required reserves and the excess reserves. The excess reserves will therefore be calculated as:

Excess reserves = Reserves - Required reserves

= 1,700 - 1,600

= $100

4 0

2 years ago