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vaieri [72.5K]
2 years ago
7

Producing output at the lowest possible total cost per unit of production is: Multiple choice question.

Business
1 answer:
alexandr402 [8]2 years ago
5 0

Efficiency is defined as the production of  output at the lowest possible total cost per unit of production.

Efficiency involves maximizing all the benefits and importance of the 4

labors of production such as Land, Capital and Labor. When this occurs

efficiency is achieved and the cost of production decreases.

The decrease in the cost of production thereby gives rise to a corresponding increase in profit.

Read more on brainly.com/question/25487093

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Department S had 600 units 74% completed in process at the beginning of the period, 8,800 units completed during the period, and
Liono4ka [1.6K]

Answer:

20%

Explanation:

8 0
3 years ago
It takes K’s Boutique an average of 53 days to sell its inventory and an average of 16.8 days to collect its accounts receivable
dezoksy [38]

Answer:

The accounts receivable turnover rate is 21.73

Explanation:

The formula for accounts receivable turnover is

365/Average days to collect.

This way we can find how many times a year does the company collect payments for its accounts receivable, so when we divide the total number of days in a year by the average number of days to collect we can calculate how many times we collect payment for accounts receivable.

In the question we are given the average days to collect which is 16.8

We have to put that into a formula

365/16.8=21.73

5 0
3 years ago
An investment project has annual cash inflows of $2,800, $3,700, $5,100, and $4,300, for the next four years, respectively. The
lubasha [3.4K]

Answer:

Discounted payback period = 1.89 years

Explanation:

If Initial cost is $5,200

Year  Cash flow   Present value   Present value      Discounted

                                 at 11%                                       Cumulative cash flow

0          -5,200             1                      -5,200              -5,200

1            2,800           0.9009             2,523               -2,677

2           3,700           0.811                  3,003                326

3            5,100           0.73126              3,729                4,055

4            4,300          0.6587               2,833                6,887

Discounted payback period = 1 + (2,667/3003)

=1.89 years

Working

PV= (1+i)^-n

i= 11%, n= respective years 0,1,2,3,4

6 0
3 years ago
ou own a portfolio that has $2,700 invested in Stock A and $3,800 invested in Stock B. Assume the expected returns on these stoc
Butoxors [25]

Answer:

the  expected return on the portfolio is 15.50%

Explanation:

The computation of the expected return on the portfolio is shown below:

Total investment is

= $2,700 + $3,800

= $6,500

Now  

Expected return of portfolio is

= ($2,700 ÷ $6,500) × 12 + ($3,800 ÷ $6,500) × 18

= 4.98% + 10.52%

= 15.50%

Hence, the  expected return on the portfolio is 15.50%

5 0
3 years ago
Breakin Away Company has three employees—a consultant, a computer programmer, and an administrator. The following payroll inform
alekssr [168]

Answer:

Gross pay:

  • consultant $4,000
  • computer programmer $3,300
  • administrator $2,800

Net pay:

  • consultant $2,767.98
  • computer programmer $2,295.48
  • administrator $1,993.98

Explanation:

                                           regular earnings     overtime    withholding  

                                                                                              allowances

Consultant                        $4,000 per week       N/A                2

Computer programmer          $60 per hour        1.5                  1

Administrator                          $50 per hour          2                  2

computer programmer worked 50 hours = ($60 x 40) + ($60 x 10 x 1.5) = $3,300

administrator worked 48 hours = ($50 x 40) + ($50 x 8 x 2) = $2,800

Social security taxes:

  • Consultant = 6% x $4,000 = $240                        
  • Computer programmer = 6% x $3,300 = $198        
  • Administrator = 6% x $2,800 = $168

Medicare taxes:

  • Consultant = 1.5% x $4,000 = $60                        
  • Computer programmer = 1.5% x $3,300 = $49.50        
  • Administrator = 1.5% x $2,800 = $42

Federal income taxes:

  • Consultant: amount subject to withholding = $4,000 - (2 x $75) = $3,850. Federal income taxes = $356.90 + [28% x ($3,850 - $1,796) = $932.02                        
  • Computer programmer = amount subject to withholding = $3,300 - (1 x $75) = $3,225. Federal income taxes = $356.90 + [28% x ($3,225 - $1,796) = $757.02            
  • Administrator = amount subject to withholding = $2,800 - (2 x $75) = $2,650. Federal income taxes = $356.90 + [28% x ($2,650 - $1,796) = $596.02  

Gross pay:

  • consultant $4,000
  • computer programmer $3,300
  • administrator $2,800

Net pay:

  • consultant $4,000 - ($240 + $60 + $932.02) = $2,767.98
  • computer programmer $3,300 - ($198 + $49.50 + $757.02) = $2,295.48
  • administrator $2,800 - ($168 + $42 + $596.02) = $1,993.98
6 0
3 years ago
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