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Hitman42 [59]
3 years ago
5

Zhang Industries budgets production of 220 units in June and 230 units in July. Each unit requires 1.5 hours of direct labor. Th

e direct labor rate is $12.40 per hour. The indirect labor rate is $19.40 per hour. Compute the budgeted direct labor cost for July.
Business
1 answer:
Vaselesa [24]3 years ago
8 0

Answer:

Budgeted direct labor cost for July = $4,278

Explanation:

Given:

Production in July = 230 units

Hours of direct labor  = 1.5 hours per unit

Direct Labor rate = $12.40 per hour

Indirect labor rate = $19.40 per hour.

Find:

Budgeted direct labor cost for July

Computation:

Budgeted direct labor cost for July = (Production in July)( Hours of direct labor)( Direct Labor rate)

Budgeted direct labor cost for July = (230)(1.5)(12.4)

Budgeted direct labor cost for July = $4,278

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  This product gives teams a shared view of every customer. salesforce.com shows that CRM aims at all of the following except Getting data base from competitors.

<h3>What is Customer Relationship Management?</h3>

   Customer relationship management (CRM) is a technological tool for managing all your company's relationships and interactions with customers and potential customers.

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4 0
2 years ago
___________ Involves decisions that result in brand-new markets, products, and often new businesses by acquiring new assets to d
bazaltina [42]

Answer:

Adjacent innovation

Explanation:

There are three ways to innovate in business:

1. Transformational

This is the most commonly thought of innovation. It has the potential to completely transform, create or eliminate entire industries. It involves one-in-a-million ideas that change the way the entire world lives and works.

This innovation is often seen as a means of disruption or a radical solution using breakthrough technology to achieve an unimaginable shift for markets that don’t exist yet.

2. Incremental

Incremental Innovation refers to the optimization of existing products for existing markets – ie. do what you’re doing but better: solving the current problems of your current clients, more effectively, sustainably and continuously.  

It involves making smaller upgrades to existing products or services. The goal is to improve on existing products or services and renew interest in the marketplace.

3. Adjacent

Where Incremental innovation is all about improving existing products for existing markets, there are often opportunities to leverage an existing product, process, or infrastructure to reach new markets.

Simply put, adjacent innovation includes taking existing products into new markets and digital channels, or creating new digital products for existing markets. ie. Adjacent innovation involves entering a new market and connecting with a new audience by leveraging something the company already does well.

8 0
3 years ago
Do the advantages of substituting the bioplastic pla for conventional plastics outweigh the disadvantages
Anna35 [415]

Answer:

The use of Bioplastic PLA is more beneficial than the conventional plastics

Explanation:

The bioplastic PLA is more beneficial because of its compostability, less cost, less Carbon dioxide emission when they are manufactured, plant raw materials are used which absorbs Carbon dioxide, renewable energy is utilized, etc. All these benefit which conventional plastics doesn't have, will leave better impact on the environment. Furthermore, the conventional plastic was very hazardous to marine life which PLA is not. So yes, we must use PLA responsibly. Because if we are recycling more and more, then their are fewer plastic in the ocean and less are the chances that marine life gets hurt.

3 0
3 years ago
You want $1,000,000 when you retire in 40 years. You decided to save some money every year next 40 years for your retirement. Yo
Lemur [1.5K]

Answer:

Instructions are listed below.

Explanation:

Giving the following information:

A) You want $1,000,000 when you retire in 40 years. It earns 6 percent annually.

We need to use the following version of the final value formula:

FV= {A*[(1+i)^n-1]}/i

A= annual deposit

Isolating A:

A= (FV*i)/{[(1+i)^n]-1}

FV= 1,000,000

n=40

i=0.06

A= (1,000,000*0.06) / [(1.06^40)-1]

A= $6,461.53

B) You decided to contribute $500 a month into a fund that is expected to earn 6 percent, compounded monthly. If you start the contribution a month from today for 30 years.

FV= {A*[(1+i)^n-1]}/i

A= annual deposit

n= 30*12= 360

i= 0.06/12= 0.005

A= 500

FV= {500*[(1.005^360)-1]}/0.005= $502,257.52

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Savion is restoring a car and has already spent $4,000 on the restoration. He expects to be able to sell the car for $5800. Savi
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Based on the amount that Savion would have to spend additionally, he should sell the car now because he would make more profit.

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If Savio makes additional work on the car, the profit would be:

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This is as opposed to the $3,800 he could make from selling the car at $3,800 so the best thing to do is to sell the car.

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