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mart [117]
2 years ago
8

A convenience store manager earns a base salary plus a small bonus of $80 for each of ten different possible monthly milestones

he meets. If the manager meets a milestone, the full bonus is paid. However, if the manager falls even one penny short, none of that bonus is paid. Suppose each of the ten milestones requires 20 hours of effort to meet, and that the manager has 160 hours of effort to allocate to work each month.
In order to maximize the total monthly bonus, the manager should allocate _____(# of hours) hours toward meeting each of ( 2/3/4/5/6/7/or8)milestones and ______ (# of hours) hours toward meeting each of the remaining______(2/3/4/5 or 6) sales milestones.
Business
1 answer:
Mnenie [13.5K]2 years ago
8 0

Answer: Please refer to Explanation

Explanation:

The Manager has only 160 hours to allocate to all the milestones. However he cannot slack in any milestone as missing even a penny means he won't get a benefit and each milestone takes 20 hours to do.

With 160 hours what can he accomplish,

= 160/20

= 8 milestones.

Answer therefore is,

In order to maximize the total monthly bonus, the manager should allocate ____20____ hours toward meeting each of ____8____milestones and ___0____ hours toward meeting each of the remaining___2___ sales milestones.

He will have to forego 2 milestones but at least he will have been able to complete 8 milestones effectively.

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The Valenti Company uses flexible budgeting for cost control. Valenti produced 10,800 units of product during October, incurring
Alex Ar [27]

Answer:

$500 favorable

Explanation:

Given;

Number of units produced  = 10,800 units

Actual indirect material costs = $13,000

Reflected indirect material costs for 144,000 units  = $180,000

Now,

Per unit reflected indirect material costs = $180,000 ÷ 144,000

= $1.25 per unit

Therefore,

Budgeted indirect material cost for actual units produced

= $1.25 × 10,800

= $13,500

since,

the budgeted cost for indirect material cost for actual units produced is more than the actual indirect material cost, therefore

the indirect material costs in October is favorable

amount = Budgeted cost - Actual cost

= $13,500 - $13,000 = $500 favorable

5 0
2 years ago
A firm's primary objective is to maximize profits; however, there are always two constraints:
alekssr [168]
Two constraints to maximizing profit are cost of production and consumer demand. 

Consumer demand
is essential for revenue. Competition and budget can affect demand and put constraints to profit maximization. Cost of production can constraint profits maximization too because the higher the cost of raw material, the higher the cost of production will be, which in turn will affect the price of the product. This increase in price can also affect the demand.

The answer is then D.  
7 0
2 years ago
Which of the following is an example of a non-penalized religious observance?
tamaranim1 [39]

The correct answer would be option C.

Allowing employees to pray during work time.

Explanation:

Non penalized religious observance means, If someone practice his or her religion during the work hours, as it is compulsory in his/her religion to do so, at the place where he works.

So companies allow employees to pray during work hours which will be a non penalized religious observance for the employees.

For example, If there is a Muslim who works in an organization which is owned by the people of other religion, and if he offers his prayers during his work hours, then the company will respect his offerings and won't charge or penalize him on the observance of his religion during the office timings.

Learn more about Religious observance at:

brainly.com/question/2887557

#LearnWithBrainly

6 0
2 years ago
Roberta is a real estate licensee representing the buyer. The buyer asks to see homes in a specific neighborhood. Roberta refuse
DerKrebs [107]

Answer:

Yes.

Explanation:

The fair housing law act is a law prohibits discrimination in the process of renting  , buying or selling a house. This discrimination may be based on race , skin , color , sex , nationality ,or any other characteristic towards a protected group,

Declining the buyer the opportunity to inspects home in a particular neighborhood because nobody form his country lives in that area is an act that violates fair housing laws as the process seems to be biased towards a group of people from a particular country.

4 0
2 years ago
A borrower has a 30-year, $500,000 loan with an interest rate of 6.25%. His monthly principal and interest payment is $3,078.59.
tamaranim1 [39]

Answer:

His total amount of interest over the period of 30 years would be $608,290.26.

Explanation:

His loan will be calculated based upon the remaining principle after each monthly payment.

For example his 1st payment @6.25% interest rate on full amount of $500,000 would be ($500,000*6.25%= $31,250/12 = $2,604.17). We divide the total amount of interest by 12 to get the monthly payment amount.

Now after we get the interest amount, we reduce this interest amount from his total monthly payment of $3,078.59 to get the monthly principle repayment which comes out at $474.42 for the first month.

After that we reduce this principle repayment from his original loan balance of $500,000 to get his new balance of $499,525 on which interest will be levied i.e. ($499,525*6.25%/12 = 2601.7). This step goes on for 30 years and his total interest payment in those 30 years will be $608,290.26.

8 0
1 year ago
Read 2 more answers
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