Answer:
The correct answer is letter "A": increased expenditures on education.
Explanation:
Total Factor Productivity (<em>TFP</em>) measures the total production of a region by dividing the total amount of output by the weighted average of inputs such as labor and capital. It represents growth in real output as a result of changes in labor and capital. Under such a scenario, <em>changes in the expenditures for education would change the total factor of production since it has a direct impact on labor quality. The higher the expenses in education, the higher the quality of labor.</em>
Answer:
The answer is "$100,000"
Explanation:
Please find the complete question in the attached file.
Given value:
Formula:
Answer:
$31 per hour
Explanation:
The predetermined overhead rate is computed as
= Estimated manufacturing overhead / Estimated direct labor hours
Given that
Estimate manufacturing overhead = $629,300
Estimated direct labor hour = 20,300
Therefore,
Predetermined overhead rate
= $629,300 / 20,300
= $31 per hour
Answer:
B. What must be given up to acquire it
Explanation:
The opportunity cost is the cost which is to be sacrificed to gain for some better option
Since in the given case the aunt is thinking to open a hardware store but it will cost her $500,000 for rent and the to purchase the stock
And, also she also have to quit her accountant job for $50,000
So in this option quitting the job is to be considered as an opportunity cost
Answer:
The range of possible transfer is $ 3.25 to $ 3.50
Explanation:
Data provided:
The purchasing cost of the transistor = $ 3.50
The total number of transistors needed = 8,000
The production cost of the transistor = $ 4.00
The included variable cost = $ 3.25
The included fixed cost = $ 0.75
Now,
the fixed cost cannot be altered, thus it will be there
hence,
the variable cost will be the factor that will evaluate the decision i.e $ 3.25
therefore, the <u>range of possible transfer is $ 3.25 to $ 3.50</u>
