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kobusy [5.1K]
2 years ago
12

Grefrath Corporation is developing direct labor standards. A particular product requires 0.71 direct labor-hours per unit. The a

llowance for breaks and personal needs is 0.04 direct labor-hours per unit. The allowance for cleanup, machine downtime, and rejects is 0.12 direct labor-hours per unit. The standard direct labor-hours per unit should be: Select one: a. 0.71 b. 0.87 c. 0.67 d. 0.55
Business
1 answer:
Dimas [21]2 years ago
6 0

Answer:

Direct labor hour per unit= 0.87 hours

Explanation:

Giving the following information:

A particular product requires 0.71 direct labor-hours per unit.

The allowance for breaks and personal needs is 0.04 direct labor-hours per unit. The allowance for cleanup, machine downtime, and rejects is 0.12 direct labor-hours per unit.

<u>The total direct labor hour per unit is the time required to produce one unit.</u>

Direct labor hour per unit= 0.71 + 0.04 + 0.12

Direct labor hour per unit= 0.87 hours

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You can now sell 70 cars per month at $35,000 per car, and demand is increasing at a rate of 4 cars per month each month. What i
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the fastest we could drop your price before your monthly revenue starts to drop is $2,000

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Data provided in the question:

Cars sold per month, Q =  70 cars

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Rate of increase in demand, \frac{dQ}{dt} = 4 cars per month

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When monthly revenue starts to drop i.e \frac{dR}{dt} < 0

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\frac{dP}{dt} < - 2,000

Hence,

the fastest we could drop your price before your monthly revenue starts to drop is $2,000

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