Answer:
25 chairs per employee.
Explanation:
In this case labour productivity is the number of dining chairs per day over number of employees.
An average of 600 standard dining chairs were assembled per 6-day work week.
This means that, the number of dining chairs assembled per day is
The number if employees is 4.
Therefore the labour productivity of this operation is:
per employee.
In making the best economic choices, consumers compare the benefits of the choice to cost.
<h3>What is economic choice?</h3>
economic choice can be regarded as the decision making by the consumer to choose the kind of product that is needed by them economically.
Therefore, the consumer usually consider the cost In making the best economic choices, as well as the benefits.
Learn more about economic choices at: brainly.com/question/14376300
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Answer:
Direct Labour Cost per Equivalent Unit = $0.17
Explanation:
Cost per Equivalent Unit = Total Cost / Total Equivalent Units
Total Direct Labor Cost = $24,000
Total Equivalent Units = 127,500 + 40,000 x 25% = 137,000
Cost per Equivalent Unit = $24,000 / 137,500 = $0.17
Remember:
In the weighted average method, the units in beginning inventory are treated as if they had no work done in them at all. They are included with all the other units completed in the period.
Answer:
The answer is $1,701 billion
Explanation:
Gross Domestic Product (GDP) is the cumulative (total) market value of the final outputs (goods and services) produced within an economy(country) during a given period of time usually a year.
GDP = C + I + G + (X - M)
where C - expenditure by households or consumers
I - investments by businesses or firms
G - expenditure from the government
X - exports from the country
M - imports into the country
Total consumers' expenditure is:
durable goods = $200 billion;
nondurable goods = $350 billion; services = $600 billion
Total. $1,150 billion
Total business investment is $200billion
Therefore, GDP is
$1,150 + $200 + $400 + ($30 - $79)
=$1750 - $49
= $1,701 billion
