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Crank
2 years ago
3

A process produces 5000 units of output that yield $6 per unit. Resources contributed to this output are 200 hours of labor at $

15 per hour, materials at $700 and overhead at $300. What is the labor productivity? (assuming that the output is measured by its unit)
Business
1 answer:
quester [9]2 years ago
8 0

Answer:

Labor productivity = 25 units per hour

Explanation:

The labor productivity per hour is the number of output units , per unit of labor input.

Number of units produced = 5,000 units

Number of hours of labor input = 200 hours

∴ Labor productivity = units produced ÷ labor input in hours

Labor productivity = 5,000 ÷ 200 = 25

∴ Labor productivity = 25 units per hour

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Lemur [1.5K]

Answer:

Site B should be chosen based on the IRR criterion

Explanation:

Please check the attached image for the complete question

The internal rate of return is the discount rate that equates the after tax cash flows from an investment to the amount invested.

When comparing projects, the project with the highest IRR should be chosen.

I hope my answer helps you

3 0
2 years ago
Assume that Jackson is a​ price-taker and the current wholesale market price is $7.30 per can of paint. What is the target total
Mumz [18]

Answer:

Jackson's target total cost of producing and selling 6 million cans of paint of $31,800,000 will enable it to reach stockholders' profit goals of $6 million.

The implication is that it should not allow its total costs (Production and other business expenses) to exceed $37,800,000.

This is because its sales revenue will be equal to $43,800,000 (6,000,000 * $7.30).

As such, Jackson can produce a can of paint for $5.30.  It can also incur an average business expense of $1.00 per can to maintain and reach its $6 million profit target.

Explanation:

Profit is the difference obtained after deducting all costs from the revenue.  There are some profit stages.  The first is the gross profit, which considers the sales revenue and the cost of goods sold.  The next profit stage is the operating profit, which subtracts the business running expenses from the gross profit.  There are also profits before and after interest and taxes.  The after tax profit is also called the net income or net profit.  If it is negative, then it is called the net loss.  It is from the net income that distributions are made to stockholders in the form of dividends while a part is retained in the business to increase its capital stock or stockholders' equity.

8 0
2 years ago
Hendricks Ceramics sells items it buys from ceramic factories. If it were to purchase one of these factories, it would be engagi
almond37 [142]

Answer:

Backward vertical integration

Explanation:

In the backward vertical integration, the company acquires the company or step in the manufacturing of the supplier product or acquiring companies that bring it more nearer to the orignal supplier. The company remains within the same industry and moves towards supplier. In this case the company has acquired its supplier factories which shows moving investment in the backward direction which leads to suppliers and vertical means in the same industry. So the company is engaged in backward vertical integration.

8 0
2 years ago
Which of the following statements is true about payday loans?????
devlian [24]

Answer:

a.

Explanation:

XSGFKXHIUHDIHGDAOUYGGAOGOAIGHuihifdughoispuhgihgaph

3 0
2 years ago
Read 2 more answers
Five years ago, Weed Go Inc. earned $1.50 per share. Its earnings this year were $3.20. What was the growth rate in earnings per
podryga [215]

Answer:

Option C 16.36% is correct.

Explanation:

We can find the growth using the following growth formula:

g = (Earning per share today / Earning per share n years ago)^(1/5)  - 1

EPS of this year is $3.2 per share and 5 ago was $1.5 per share.

So by putting values we have:

g = (3.2 / 1.5) ^(1/5)  - 1  = 16.36%

The right option is C.

7 0
2 years ago
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