<span>(30 * (10*100*6) * .08 ) / 1000 = Cost of electricity is $14.40</span>
Answer:
Direct labor= $51,840
Explanation:
Giving the following information:
Standard Hours= 27 minutes
Standard Rate per Hour= $6
Standard Cost= $2.70
During August, 9,260 hours of direct labor time were needed to make 19,200 units of the Jogging Mate.
We need to determine the standard cost for 19,200 units.
Direct labor= standard cost per unit*number of units
Direct labor= 2.7*19,200= $51,840
The source of barriers to the scenarios described will be:
<u>Government impos</u>ed:
- There are a limited number of licenses for taxi drivers in NYC.
- Drug companies obtain patents so that they can recover research and development costs by the exclusive sale of the drug for some number of years.
- The government established a tariff on tea.
<u>Ownership of a key input:</u>
- Carribbean Cruz owns the only swimmable beach on an exclusive island in the Bahamas.
- The government establishes a quota on how much foreign oil can be imported.
<u>Economies of scale:</u>
- It is very expensive to build an amusement park, but not that expensive to admit an additional customer.
- Building a brewery is a high start-up cost operation.
It should be noted that government-imposed barriers are the barriers that can be in form of patents, licensing, tariffs, etc.
The ownership of key input is when the production of a good requires particular input, therefore, controlling the input can be a barrier to entry.
Economies of scale is when the long run average variable cost of a firm falls as there is an increase in output.
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brainly.com/question/25375868
Answer:
usage-rate segmentation
Explanation:
An important marketing technique is to usage rate segmentation. It is a way to divide customers according to the number of times they utilise an item. Customers are usually separated into gatherings of non-clients and medium, and heavy users, and organisations. This is an effective way to increase brand loyalty, and it confirms that the customers will come again because they are getting a reward for it.