Answer:
$71,910
Explanation:
The computation of the total amount of the product cost for 4,700 units is shown below:
= ( Direct materials per unit + Direct labor per unit + Variable manufacturing overhead per unit + Fixed manufacturing overhead per unit) × making units
= ($6.10 + $3.60 + $1.70 + $3.90) × 4,700 units
= $71,910
We simply considered the direct material, direct labor, variable manufacturing overhead, and the fixed manufacturing overhead as it comes under the product cost
Answer:
C. Business opportunity
Explanation:
The opportunity is always derived from a need, problem or desire in the market.
Answer:
marginal revenue product = $2,500 for the 10 additional workers
Explanation:
The marginal revenue product is the amount of revenue generated by adding a certain number of workers into the production process. The marginal revenue product (MRP) is calculated by multiplying marginal product times the selling price
- the marginal product of the 10 additional workers = 50 shirts per day
- price per shirt= $50
MRP = 50 shirts x $50 per shirt = $2,500
to determine the MRP per worker = $2,500 / 10 workers = $250
Answer:
105
Explanation:
base year = 2016
cost of market basket of goods in base year = $2,000
CPI for base year = 100
year 2018
cost of market basket of goods in 2018 = $2,100
CPI for 2018 = (cost of basket of goods in 2018 / cost of basket of goods in base year) x 100 = ($2,100 / $2,000) x 100 = 105
They need to know how to run the fast food place. Editcational wise none.
