Answer:
(a) 72
(b) 57.6
(c) 46.08
Explanation:
Given that,
Units produced = 1
Marginal Labor Time = 112.50
Units produced = 2
Marginal Labor Time = 90.00
First, we need to calculate the learning rate.
Learning Rate:
= (Marginal labor time for producing 2 units ÷ Marginal labor time for producing 1 units) × 100
= (90 ÷ 112.50) × 100
= 80%
At production level of 1 unit:
Marginal Labor time = 112.5
At production level of 2 units:
Marginal Labor time:
= Marginal Labor time at 1 unit × Learning rate
= 112.5 × 80%
= 90
(a) At production level of 4 units:
Marginal Labor time:
= Marginal Labor time at 2 units × Learning rate
= 90 × 80%
= 72
(b) At production level of 8 units:
Marginal Labor time:
= Marginal Labor time at 4 units × Learning rate
= 72 × 80%
= 57.6
(c) At production level of 16 units:
Marginal Labor time:
= Marginal Labor time at 8 units × Learning rate
= 57.6 × 80%
= 46.08
Answer:
$555,000
Explanation:
Depletion expense = barrels mined in year 1 / barrels that can be profitably extracted ) x cost of the well
37,000 / 740,000) x 11,100.000 = $555,000
Answer:
Production budget for First quarter= 16,500 units
Explanation:
<em>The production budgeted for a particular period is the expected units to be produced after adjusting the sales budget figures for opening and closing inventories. </em>
Production = Sales volume + closing inventory - opening inventory
Closing inventory = 20% × second quarter sales
= 20% × 20,000 = 4,000 units
<em />
<em>Production budget for the first quarter</em>
=17,000 + 4000 -4500
= 16,500 units
Answer: the correct answer is A. Logistics and Supply Chain Management
Explanation:
Logistics and Supply Chain Management has to do with delivering and managing essential commodities, equipment, and services whether it is in an emergency or a routine operation in a company.
