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
iren [92.7K]
2 years ago
14

Fill out the tables for each scenario and answer the question that follows. Use $7.25 as the minimum wage and remember that empl

oyees in the United States must be paid time-and-a-half (1.5 times the normal hourly rate) for each hour worked over 40 hours per week

Mathematics
1 answer:
hichkok12 [17]2 years ago
7 0

Answer:

  • see below for the table values
  • US labor cost: $115275 per year

Step-by-step explanation:

The labor charge is for (6 days/week). In Mongolia, the charge per laborer is then ...

  (6 days/week)($1.10/day) = $6.60/week

The three laborers working 50 weeks/year will have a labor cost of ...

  (3 laborers)($6.60/week/laborer)(50 weeks/year) = $990/year

__

In the US, the labor charge per person per week is ...

  (14 hr/day)(6 day/week) = 84 hr/week

That's 40 hours of straight pay and 44 hours of overtime pay, or ...

  7.25(40 +1.5(44)) = 7.25(106) = 768.50

For 150 person-weeks per year, the total US labor charge is ...

  ($768.50/person/week)(3 persons)(50 weeks/year) = $115,275/year

__

The materials cost for a year is ...

  ($50/rug)(12 rugs/year) = $600/year

__

The revenue is ...

  ($2000/rug)(12 rugs/year) = $24,000/year

Profit is the difference between revenue and the total of costs:

  profit = $24,000 -($990 +600 +10000) = $12410 . . . made in Mongolia

__

So, the table gets filled as follows:

  (labor, material, fixed cost, revenue, profit)

<u>Mongolian-made</u>

  ($990, $600, $10000, $24000, $12410)

<u>US-made</u>

  ($115275, $600, $10000, $24000, -$101,875)

The US labor cost would be $115,275.

_____

<em>Comment</em>

For the given selling price, the break-even labor cost is about $1.06 per hour (on average). At US labor rates, the break-even selling price is about $10,490 per rug.

You might be interested in
Mike and Jasmine have a combined age of 30. Mike is 3 years younger than twice Jasmines age. How old is Mike?
Kamila [148]
Mike is 19.

If you turn the question into an equation it turns to:
J x 2 - 3 = M

So since you don’t know Jasmine’s age you would use guess and check. 8,9, and 10 didn’t work but when you put in 11:
11 x 2 - 3 = M
22 - 3 = M
19 = M

And to check your work
J + M has to equal 30 so,
11 + 19 = 30
30 = 30
6 0
2 years ago
Helena needs 3.5 cups of flour per loaf of bread and 2.5 cups of flour per batch of muffins. She also needs 0.75 cup of sugar pe
telo118 [61]
With the choices you gave, the answer to this question is the first statement, "2 loaves of bread and 4 batches of muffins''. I arrived with the answer through multiplying the amount of flour and sugar required for each loaf of bread and batch of muffins. 
4 0
2 years ago
The value of which of these expressions is closest to e?
pishuonlain [190]
The correct answer for the exercise shown above, is the first option (Option A), which is:

 A. <span>(1+1/18)^18

 The explanation is shown below:

 1- You have that the number e is an irrational number, therefore, its value is aproximated:

 e=2.7182

 2- You have the following expressions:

 </span>(1+1/18)^18=2.6464 
 <span>(1+1/17)^17=2.6424
 </span><span>(1+1/16)^16=2.6379
 </span><span>(1+1/15)^15=2.6328

 Therefore the value of the expression that is closest to e is the Option A.</span>
5 0
2 years ago
You put $350 per month in an investment plan that pays an APR of 3.5% compounded monthly. How much will you have after
melamori03 [73]

Answer: B.

Step-by-step explanation: TVM Solver Equation:

N = 216 (12 x 18 years)

I% = 3.5

PV = 0

PMT = - $350

FV = 105,106.7593

P / Y = 12 (months)

C / Y = 12

PMT: END

8 0
2 years ago
Daniel wants to predict how far he can hike based on the time he spends on the hike. He collected some data on
horsena [70]

Answer:

Daniel can read his data and refer to line as best line of fit and estimate an average per set of hours.

Step-by-step explanation:

A line of fit draws a solid conclusion to the average for the hours spent during the amount of indicated hours. We draw a line of fit central fit and aim similar centrality as that similar results of the mean (without working out the mean we can draw a line perpendicular to the number of mean, but in line of fit we go central to all the descending or cascading results to include all results but just using one line), with one further consideration and that is balance if anything sticks out from the norm ie) weather conditions including data, we suggest if there is nothing to weigh the line of fit to a balancing outcome that shows the opposite of kilometres walked (eg. extreme higher mileage within the hour/s) then it may just alter the line a fraction of how many treks he did, but not in data less than 30 entries. Have attached an example where they classify in economics something outside the norm is called a misfit. Daniel can read his data and refer to line as best line of fit and estimate an average per set of hours. Here on the attachment you can read any misfit info and use the line coordination perpendicular to guide the indifference, the attachment shows it is not really included in the best line of fit as other dominating balances have occurred and therefore we have a misfit, all whilst using best line of fit to balance everything fairly.

7 0
2 years ago
Read 2 more answers
Other questions:
  • 91 square foot bathroom has a length of 13 feet what is the width of the bathroom
    15·2 answers
  • Write an inequality for the situation. all real numbers at most –9.5 or at least 5.5
    13·2 answers
  • Alisa buys a watermelon every year. The first time she bought a watermelon, it cost $2.50. She notices the price is getting more
    15·1 answer
  • Two section of a garden are shaped like identical isosceles triangles. the base of each triangle is 50 feet, and the other two s
    14·2 answers
  • The smiths want to replace the stairway that leads from their porch to their sidewalk with a ramp. The porch is 3 feet off the g
    5·1 answer
  • A city bus travels along its route from Jackson Street 8
    5·2 answers
  • A car takes 54.9 seconds to travel 1 mile. How long does it take the car to travel 4.3 miles? First round to the nearest whole n
    6·1 answer
  • There are 188 people on the trip and their total cost for the bike tour was $5040. There were twelve more adults than seniors on
    5·1 answer
  • vector w has magnitude 25.0 and direction angle 41.7 degrees. Calculate the horizontal and vertical components of w
    14·1 answer
  • Round steak costs $6.95 per pound. Sara wants to buy 9.5 pounds of round steak which she estimates will cost $54. Which statemen
    8·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!