Answer:
The amount that the lighting plant be charged from the payroll department for its services is $25,000
Explanation:
Provided data from the question:
Payroll budget = $100,000
number of checks issued per week = 4000
number of employees = 1000
Since, the service department charge rate is calculated as the total service department expense divided by total service department usage, the amount that should be charged from the payroll department for its services;
= $100,000 ÷ 4,000
= $25 × 1,000
= $25,000.
are: <em><u>farming, fishing, livestock </u></em><em><u>rearing,</u></em><em><u> </u></em><em><u>Land plants, or autotrophs</u></em><em><u> </u></em><em><u>and other production methods.</u></em>
<em>[that's all]:)</em>
Answer:
LOWER
Explanation:
In time of rising prices, the inventory valuation made according to <em>LIFO</em> ( LAST IN FIRST OUT ) will be <u>LOWER</u> than the one valued according to <em>FIFO</em> ( FIRST IN FIRST OUT ) method.
The reason is that in <em>LIFO</em>, the newer stock is sold first, therefore, the remaining inventory is valued according to older purchases, that in inflationary context have lower prices.
Answer:
desired cycle time: 60 seconds
Explanation:
The desired cycle time should match production with demand
If there is a demand per day of 480 units then the cycle time should be:
8 hours x 60 minute x 60 seconds = 28,800 second
we divide this by the 480 units of demand:
28,800 second/ 480 units = 60
The company needs to complete a unit in a 60 second time period.
To Maximize the Profit the Firm should Decrease its production.
<h3><u>What are perfectly competitive firms?</u></h3>
- A perfectly competitive firm is a price taker, which means that it must accept the equilibrium price at which it sells goods. If a perfectly competitive firm attempts to charge even a tiny amount more than the market price, it will be unable to make any sales.
- Agricultural markets are examples of nearly perfect competition as well. Imagine shopping at your local farmers' market: there are numerous farmers, selling the same fruits, vegetables and herbs. You can easily find out the prices for the goods, but they are usually all about the same.
The three primary characteristics of perfect competition are
- no company holds a substantial market share,
- the industry output is standardized, and
- there is freedom of entry and exit. The efficient market equilibrium in a perfect competition is where marginal revenue equals marginal cost.
Therefore, to uphold its position in the market the firm should decrease
its production.
To know more about perfectly competitive firms, click the given links.
brainly.com/question/28071637
brainly.com/question/25327136
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