answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Bess [88]
2 years ago
4

. Two car wash employees are paid $7.50 washing 12 cars per hour, using S1 of water and $2 of soap and other cleaning supplies.

What is the multifactor productivity of this operation? (L) an hour each and are capable of
Business
1 answer:
ioda2 years ago
4 0

Answer:

The correct answer is 0.67.

Explanation:

According to the given scenario, the given data are as follows:

Number of cars per hour ( output) = 12 cars

Number of employees ( input ) = 2

Employees payment per hour (input) = $7.50

items using i.e water and soap ( input ) = $1 + $2

So, we can calculate multifactor productivity by using following formula :

Multifactor productivity = output / input

= 12 / ( 7.50 × 2 ) + $1 +$2

= 12 / 18

= 0.67

Hence, the correct answer is 0.67.

You might be interested in
You want to start an organic garlic farm. The farm costs $190,000, to be paid in full immediately. Year 1 cash flows will be $25
valentina_108 [34]

Answer:

internal rate of return 31.8%

Explanation:

on excel we will list each cash flow:

Y0 -190,000

Y1   25,000

Y2    37500 (Y1 x (1+g) = 25,000 x 1.05)

Y3 56250    (37,500 x 1.05)

Y4 84375     (56,250 x 1.05)

Y5 386562.5 (84,375 x 1.05 + 260,000 from the sale)

we now write =IRR( and select the cells then, press enter

the IRR function return: 31.8503%

we round into 1 percent 31.8%

3 0
2 years ago
You have $12,500 you want to invest for the next 30 years. You are offered an investment plan that will pay you 7 percent per ye
Alchen [17]

Answer:

Future value= $151,018.51

Explanation:

Future value of money measures how much a present amount of money will be in the future at a given interest rate.

The interest gained on money shows the time value of money. One dollar today is less than one dollar in one year's time

The formula for future value is

Future value = Present value * (1 + rate)^time

As we have two periods in this case (10 years and 20 years)

Future value = Present value * {(1 + rate1)^time1} * {(1 + rate2)^time2}

Future value = 12,500 * {(1 + 0.07)^10} * {(1 + 0.095)^20}

Future value= $151,018.51

4 0
2 years ago
Wholesome Burger, Inc. budgeted 25,000 direct labor hours for producing 100,000 units. The standard direct labor rate is $6 per
Ne4ueva [31]

Answer:

See below

Explanation:

Given the above information, we will apply the formula below to compute direct labor rate variance.

Direct labor rate variance =

(SR - AR) × AH

Stanadard (Rate) SR = $6

Actual Hour (AR) = $6.25

Actual Hour (AH) = 30,000

Then,

Direct labor rate variance

= ($6 - $6.25) × 30,000

= -$0.25 × 30,000

= -$7,500

= $30,000 Unfavorable

It is unfavourable because the actual rate is more than the budgeted rate.

8 0
2 years ago
State Farm insurance company prints an ad in a national newspaper’s apartment rental section with a picture of a girl sitting on
Jobisdone [24]

Answer:

Safety and Security

Explanation:

Blow drying your hair over the tub isn't safe

6 0
2 years ago
What is an example of monopsony?
zalisa [80]
One buyer, many sellers and no close substitutes
usually this won't have an exact example to match all the requirement
so, try get those small company as the example of your answer
8 0
2 years ago
Other questions:
  • Describe the leadership lessons you think starbucks leadership lab provided store managers.
    15·1 answer
  • The b vitamin content of a whole grain is dramatically decreased during the refining process. to counteract these losses, in the
    5·1 answer
  • In May and June, Tammy spent all her clothing budget on bathing suits and beach bags. Each bathing suit cost $75. At Tammy’s opt
    11·1 answer
  • The accountant for the firm owned by Randy Guttery prepares financial statements at the end of each month. The following transac
    15·1 answer
  • Marst Corporation's budgeted production in units and budgeted raw materials purchases over the next three months are given below
    12·1 answer
  • Paul owns a small retail store. His store sells local products from farmers and small food and beverage businesses in his store.
    6·1 answer
  • During the year, Kiner Company made an entry to write off a $16,000 uncollectible account. Before this entry was made, the balan
    15·1 answer
  • The Bella Capri runs as an Italian restaurant that specializes in freshly prepared cooked meals. It is located in premises on a
    5·1 answer
  • Accenture's Security practice makes use of a number of accelerators when building solutions for our clients. What is the purpose
    10·1 answer
  • Suppose you pay $50 to enter into a raffle with $1,000 prize. If you have a 3% chance of winning comma the expected value of you
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!