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galina1969 [7]
4 years ago
10

Sweet Stuff Sugar Source ships product all over the world. Since the product it ships has a low value-to-weight ratio, transport

ation costs are
Business
1 answer:
dedylja [7]4 years ago
5 0

Answer:

a large percentage of the total cost

Explanation:

When a product has a high value to weight ratio it means it is expensive and the weight is light. For products with low value to cash ratio they are cheap but have large weight.

Low value to weight ratio goods are more expensive to transport and they do not make up the high transportation cost because they are also cheap.

In this scenario Sweet Stuff Sugar Source ships low value to weight goods all over the world. So their transportation cost will be high and it will make up a large percentage of total cost.

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Sometimes, while on the job at dairy king, jimmy forgets to ask, "do you want fries with that?" when customers order burgers. th
elena-s [515]
Jimmy has bad behavior is explained by lack of training
4 0
3 years ago
In this market, the equilibrium hourly wage is $ , and the equilibrium quantity of labor is thousand workers. Suppose a senator
olga2289 [7]

Answer:

The equilibrium hourly wage is the wage where the curve of supply of labor intersects with that of the demand for labor. The same goes for the equilibrium quantity of labor.

The equilibrium hourly wage is <u>$10</u>, and the equilibrium quantity of labor is <u>450 thousand workers</u>.

If a Senator introduces a minimum hourly wage, this is considered a <u>Price Floor. </u>

Price floors are prices that that the government mandates that one cannot charge below for a good or service. If there is a price floor on cake for instance, a person is not allowed to charge less than that price floor for cake. The Senator's bill is therefore saying that people should not be paid less than $6 an hour.

7 0
3 years ago
What is the total manufacturing overhead for the current product order if the firm uses a plantwide rate based on direct labor-h
Vesnalui [34]

Answer:

$44,268

Explanation:

Calculation for What is the total manufacturing overhead for the current product order if the firm uses a plantwide rate based on direct labor-hours

First step is to calculate the Plant-wide Overhead Rate using this formula

Plant-wide Overhead Rate = Total Overhead / Total Direct Labor Hours

Let plug in the formula

Plant-wide Overhead Rate = $632,400 / 4,800 hours

Plant-wide Overhead Rate = $131.75

Now let calculate the total manufacturing overhead for the current product order

Using this formula

Current product order Total Manufacturing Overhead = Plant-wide Overhead Rate * Direct Labor Hours

Let plug in the formula

Current product order Total Manufacturing overhead= $131.75 *336 hours

Current product order Total Manufacturing overhead= $44,268

Therefore the total manufacturing overhead for the current product order if the firm uses a plantwide rate based on direct labor-hours will be $44,268

6 0
3 years ago
Beck Company has inventory of $ 740 comma 000 in its stores as of December 31. It also has two shipments inminustransit that lef
EastWind [94]

Answer:

The invention balance sheet as at 31 December is $923,000

Explanation:

In this question, we are asked to calculate the amount of money Beck company will report in its balance sheet as of December 31st.

To do this, we simply employ a mathematical approach.

Mathematically, the amount of inventory recorded by Beck company on its balance sheet as of December 31st would be;

Inventory in stores + Goods in consignment + Good in transit F.o.b shipping point

We identify these values as follows;

Inventory in stores = $740,000

Goods in transit f.o.b shipping point = $108,000

Goods in consignment = $75,000

The amount of inventory Beck company should record will be; $740,000 + $108,000 + $75,000 = $923,000

3 0
3 years ago
_____ are revenue and spending items in the federal budget that change with the ups and downs in an economy so as to stabilize d
kicyunya [14]

Answer:

Automatic stabilizers

Explanation:

Examples of automatic stabilizers are income tax and government welfare spending. They adjust immediately to minimise the effect of fluctuations in the economy.

For example in a recession, income tax reduces and government welfare spending increases. In a boom, income tax increases and government welfare spending falls.

I hope my answer helps you

6 0
3 years ago
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