The type of stressor that is seen in the event that is happening above is hassle. Hassle are the conflicts that happen to a person's life and base on the given situation above, the roommate's action of eating the trail mix is a problem that you and your roommate should resolve.
In the market system, scarce resources are allocated by the market prices which are determined by consumers and producers acting in their own self-interest. Therefore, Option C is the correct choice.
<h3>What is allocation of scarce resources?</h3>
Resource allocation is the assignment of available sources to diverse uses. In the context of a whole economy, sources may be allotted with the aid of using diverse means, inclusive of markets, or planning.
Therefore, In the market system, scarce resources are allocated by the market prices which are determined by consumers and producers acting in their own self-interest. Option C is the correct choice.
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Answer:
Total cost assigned to Job XY5:
Direct material cost 4,000
Direct labour cost (50 hrs x $15 x 50 units) 37,500
Overhead applied (50 hrs x $4 x 50 units) 10,000
Total cost of the job 51,500
Overhead absorption rate
= <u>Budgeted overhead</u>
Budgeted direct labour hours
=<u> $80,000</u>
20,000 hrs
= $4 per direct labour hour
Explanation:
The total cost of the job is the aggregate of direct material cost, direct labour cost and overhead. Overhead is absorbed based on direct labour hours. We need to calculate overhead absorption rate by dividing the budgeted overhead by budgeted direct labour hours. The overhead absorption rate is used to multiply the direct labour hours of the job in order to obtain the overhead applied to the job.
Answer:
1. Annual demand ( D) = 100,000 bags
Ordering cost per order (Co) = $15
Holding cost per item per annum (H) = 15% x $2 = $0.30
EOQ = √<u>2DCo</u>
H
EOQ = √<u>2 x 100,000 x $15</u>
0.30
EOQ = 3,162 units
2. Maximum inventory
= Safety stock + EOQ
= 1,500 + 3,162
= 4,662 units
3. Average inventory
= EOQ/2
= <u>3,162</u>
2
= 1,581 units
4. Number of order
= <u>Annual demand</u>
EOQ
= <u>100,000</u>
3,162
= 32 times
Explanation:
EOQ is the square root of 2 multiplied by annual demand and ordering cost per order divided by holding cost per item per annum.
Maximum inventory is the aggregate of safety stock and EOQ.
Average inventory is economic order quantity divided by 2
Number of order is the ratio of annual demand to economic order quantity.
Answer:
$100,000
Explanation:
Cash flow = $10,000
Interest rate = 3%
Growth = -7%
Value of this mining operation = Cash / (Rate - Growth)
Value of this mining operation = $10,000 / (3% -(-7%)
Value of this mining operation = $10,000 / 10%
Value of this mining operation = $10,000 / 0.10
Value of this mining operation = $100,000
