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
Furkat [3]
2 years ago
5

If 11 workers can produce a total of 54 units of a product and a 12th worker has a marginal product of 6 units, then the average

product of 12 workers is:
Business
1 answer:
maria [59]2 years ago
3 0

Answer:

the average product of 12 workers is 5

Explanation:

The computation of the average product of 12 workers is shown below:

= (Number of units of a product in the case of 11th workers + marginal product of units in 12th worker) ÷ number of workers

= (54 + 6) ÷ 12

= 5

Hence, the average product of 12 workers is 5

The same is to be considered

You might be interested in
Nexus Industries uses a standard costing system to apply manufacturing costs to its production process. In​ May, Nexus anticipat
Mama L [17]

Answer:

$33,700 (Favorable)

Explanation:

Note: Figures are not inputted. The missing figures have been figured out as below.

"<em>Nexus industries uses a standard costing system to apply manufacturing costs to its production process. In May nexus anticipated 2700 units with fixed manufacturing overhead costs allocated at $8.40 per direct labor hour with a standard of 2.5 direct labor hours per unit. In May, actual production was 3400 units and actual fixed manufacturing overhead cost were $23000.  What was nexus fixed manufacturing overhead volume variance in May</em>?"

Solution:

Budgeted fixed overhead costs = Units * Direct labor cost * Standard Direct Labor hours per unit

= 2,700 units * $8.40 * 2.5

= 2,700 units * 21

= $56,700

Fixed manufacturing overhead volume variance = Actual fixed overhead cost - Budgeted fixed manufacturing overhead costs

When Actual fixed overhead = $23,000 ,  Budgeted fixed overhead costs = $56,700

Fixed manufacturing overhead volume variance = $23,000 - $56,700

= $33,700 (Favorable) .

8 0
3 years ago
Investments created to invest many people's money in many different firms are called:
Advocard [28]

B. money market funds

6 0
2 years ago
Read 2 more answers
Ginocera Inc. is a designer, manufacturer, and distributor of custom gourment kitchen knives. A new kitchen knife series called
skad [1K]
To start of you need to divide them all by an equal number then subtract find the common variable multiple then and then ya
7 0
2 years ago
4. Discuss four sources of financing for starting up a small business.
Karolina [17]

LENDING REDEFINED

Many business owners are turning to alternative lending options and steering clear of banks and their ridiculous loan qualifications. Most online lenders are brokers that auction your application to the highest bidder, leaving you with unanswered questions. We provide a simple and direct answer. SnapCap appeals to today’s entrepreneurs because we offer:

Fast and Secure Loan Approvals

Professional and Personal Service

NO Collateral Requirements

The Lowest Borrowing Rates Guaranteed!

We offer short term loans ranging from $5,000 - $600,000 that can cover a number of needs like renovations, inventory, storage, or perhaps new equipment to give your company the edge it needs.

Hope this helps!!!

6 0
3 years ago
Using this feature will fit an image to the size of an image frame.
Aleonysh [2.5K]

Answer:

c option

Explanation:

8 0
3 years ago
Other questions:
  • Which statement is false?
    7·1 answer
  • Compute gross profit earned by the company for each of the four costing methods. For specific identification, the March 9 sale c
    13·1 answer
  • Bradley is sitting on his porch enjoying his very large front yard and drinking a lemonade when Chris, a kid from down the stree
    9·1 answer
  • Is anyone feeling like they can be a King or Queen in the world today? If so comment below®
    10·1 answer
  • What is the definition of stakeholders​
    7·1 answer
  • The slope of the security market line represents the:__________a) risk premium on an individual asset. b) beta coefficient. c) r
    5·1 answer
  • Who will win the fight tomorrow jake paul or ben askren <br> winner gets brainlest
    6·2 answers
  • hina's growth rate of real GDP in 2005 and 2006 was 10.5 percent a year and its population growth rate was 0.5 percent a year. I
    10·1 answer
  • Open this link to read more about how credit card interest works. Use this information to calculate the cost of your computer wh
    13·1 answer
  • David retires at the age of 70, the last year he worked he earned $40,000 and his social security payments for the first ear tot
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!