Answer:
Hire new worker if production increases by at least his/ her salary = by $60 which is equivalent to 12 extra car washes.
Hence 80 + 12 = Answer = 92 cars per day.
Yes he must hire a fifth worker .
Divisional structures arrange people with diverse occupational specialties are put together in formal groups by similar products or services, customers or clients, or geographic regions.
Answer:
Direct material price variance =$10,160 unfavorable
Explanation:
<em>Direct material price variance occurs when the actual quantity of materials are purchased at an actual price per unit higher or lower than the standard price.</em>
Direct material price variance $
50,800 pounds should have cost (50,800× $2) = 101,600
but did cost (50,800× $2.20) = <u> 111,760</u>
Direct material price variance <u> 10,160 unfavorable</u>
Direct material price variance =$10,160 unfavorable
<span>Your business can make a profit but still not have enough cash on hand if you don’t collect payment at the time of service. At one given time, you may not have enough cash to pay your bills or payroll, Collecting payment at the time of service will ensure that you have enough cash coming in when you need to pay cash out. </span>
The best example is hospitals. These days, insured <span>patients are no longer allowed to walk out of the hospital without paying because of high administrative costs and low collection rates.</span>