Answer:
b) Function
Explanation:
The Dean placed professors in departments based on the subjects they teach or based on their functions in the school. So all professors that function as economics professors are placed in the same department. This is an example of grouping employees by functions.
In geographic grouping, professors would be grouped based on the different regions they teach.
In product grouping, employees are placed in groups based on the product they produce.
I hope my answer helps you
Answer:
C. subtracting the competitive level producer surplus from the producer surplus associated with less output
Explanation:
A deadweight loss refers to a cost to society created as a result of market inefficiency. Market inefficiency occurs when supply and demand are out of equilibrium. It is also known as excess burden.
Deadweight loss is also created due to taxes as they prevent people from purchasing things that they would otherwise as the final price of the product increases.
The deadweight loss associated with output less than the competitive level can be determined by subtracting the competitive level producer surplus from the producer surplus associated with less output
Answer:
45
Explanation:
The formula to compute the number of parts is shown below:
= Demand × lead time × (1 + safety factor) ÷ kanban cards
= 300 units × 45 minutes × (1 + 20%) ÷ 6
= 300 × 0.75 hours × 1.2 ÷ 6
= 45
The 45 minutes would be 0.75 hours i.e 45 minutes ÷ 60 minutes = 0.75 hours.
So we consider all the components which are given in the question. Hence, all the information is relevant
Answer:
$7,312.50
Explanation:
The computation of the depreciation expense for 2017 is shown below:
Book Value is
= Cost - Accumulated Depreciation
= $150,000 - {[($150,000 - $24,000) ÷ 12 ] × 7y}
= $150,000 - [($126,000 ÷ 12 ) × 7]
= $150,000 - ($10,500 × 7)
= $150,000 - $73,500
= $76,500
Now the depreciation expense for 2017 :
= ($76,500 - $18,000) ÷ (15 - 7) years
= $58,500 ÷ 8 years
= $7,312.50
