A company that makes shopping carts for supermarkets and other stores recently purchased some new equipment, installed on each existing machine, that speeds up each machine and as a result reduces the labor content of the jobs needed to produce the shopping carts. Prior to buying the new equipment, the company used four workers and two machines, who produced an average of 80 carts per hour. Workers receive $10 per hour per worker, and machine cost was $20 per hour per machine. With the new equipment, it was possible to transfer two of the workers to another department, and machine cost increased by fifty percent per hour per machine; while output increased by twenty five percent per hour. In both old and new systems, this process operates for 8 hours every day, 7 days a week, 52 weeks a year. Compute the multifactor productivity measure under the new system. Use carts per $ as the measure of productivity.

Answers

Answer 1

Answer:

Multifactor productivity measure under the new system = 0.91 carts

Explanation:

This can be caculated as follows:

New average carts produced per hour = Old average carts produced per hour * (100% + Percentage increase in the old average carts produced per hour) = 80 * (100% + 25%) = 100

New number of workers = Old number of workers - Number of workers that can be transferred to another department = 4 - 2 = 2

Workers’ wages per hour = $10, or 10

New machine cost per hour for three machines = (Old machine cost per hour per machine * (100% + Percentage increase in the old machine cost per hour per manchine)) * Number of machines = ($20 * (100% + 50%)) * 3 = $90, or 90

Therefore, we have:

Multifactor productivity measure under the new system = New average carts produced per hour / ((New number of workers * Workers’ wages per hour) + New machine cost per hour for three machines) = 100 / ((2 * 10) + 90) = 0.91 carts


Related Questions

Which federal regulatory agency would most likely bring a civil suit against a business that broke securities laws?

Answers

Which federal regulatory agency would most likely bring a civil suit against a business that broke securities laws?

answer:

THE SEC

(A) If variances are prorated at the end of the accounting period, an unfavorable direct materials price variance will, when prorated, increase the value of the Finished Goods Inventory. (B) Insignificant variances are not generally prorated at the end of the accounting period and are closed to the Cost of Goods Sold. Group of answer choices

Answers

Answer:

Both A and B are correct.

Explanation:

Variance analysis help the business to identify the deviation from their budgeted expenditures. The budget cost or volume is analyzed against the actual expenditure or production volume. Variance can be favorable or unfavorable. An unfavorable material price variance will increase the cost of finished goods.

The statements that are true include C. Both of these are true.

From the complete question, it should be noted that if variances are prorated at the end of the accounting period, an unfavorable direct materials price variance will increase the value of the finished goods inventory when prorated.

The price variance is the difference between the expected cost of an item and the actual cost of the item when it was purchased. Also, insignificant variances are not generally prorated at the end of the accounting period and are closed to the cost of goods sold.

Therefore, both options are true.

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Explain why unions have declined in power in the last few decades.

Answers

Answer: See explanation

Explanation:

There are a number of reasons for the reduction in the power of unions in the last few decades.

One reason attributed to this is due to the shift in the composition of the economy of the United States. Nowadays, there are more people whom work in the service industries, and these sector usually have lower unionization rate.

Also, there is a reduction in the number of unions in the ndustrial sector. Some states have a right to work laws in place which has also led to reduction in the power of the unions.

Lastly, thecemployer reactions are also a contributory factor as they're more aggressive so as to keep unions from their companies.

Name a form of ownership that is represented by the South African broadcasting corporation (SABC)and outline four characteristics of this form of ownership​

Answers

Government of South Africa has tye owner of South African Broadcasting Corporation. Is the form of ownership.

What is TRUE about time as a factor in investing?


A.

The more time the investor has, the more risk they can take because there is time to weather the declines in a stock and wait for it to regain some of its value before selling.


B.

Time rarely plays a large role in investment decisions or outcomes, and typically waiting to make decisions lowers an investor’s overall risk.


C.

If you have 10 years or more to invest, opening a savings account can be a good option for high-risk, high-reward investing.


D.

If you have a shorter time period to invest because you are nearing retirement, a higher-risk investment is generally a better choice.


plz help :)

Answers

Answer:

A. The more time the investor has, the more risk they can take because there is time to weather the declines in a stock and wait for it to regain some of its value before selling.

Explanation:

This is basically the reason why younger investors can afford higher risks than older investors. If you are 60 years old, you will probably invest in very secure stocks or bonds. Instead, when you are 25, you can afford investing in risky stocks that have higher than average growth potential.

Answer:

The more time the investor has, the more risk they can take because there is time to weather the declines in a stock and wait for it to regain some of its value before selling.

Explanation:

I got it right on the test nun to worry about.

If a loan has a nominal annual rate of 8%, then the effective rate can never be greater than 8%. b. If a loan or investment has annual payments, then the effective, periodic, and nominal rates of interest will all be different. c. The present value of a 3-year, $150 annuity due will exceed the present value of a 3-year, $150 ordinary annuity. d. The proportion of the payment that goes toward interest on a fully amortized loan increases over time.

Answers

Answer:

c. The present value of a 3 year, $150 annuity due will exceed the present value of a 3 year, $150 ordinary annuity.

Explanation:

Annuity is a lump sum payment of the present value of invested amount or profits which is to be received by the investor at the maturity date. The annual profits are summed up and then annuity is calculated to identify the real worth of money expected to be received in future.

If C= 450+0.5 Yd la= 275 billion Ga= 875 billion (X-M)a= - 50 billion, calculate the multiplier for this economy. Show method -

Answers

Answer:

Multiplier = 2

Explanation:

Below is the calculation of multiplier:

Given, C = 450 + 0.5Yd

la = 275

Ga = 875

X-M = -50 billion

Plug these values in the below formula:

AD = C + Ia + Ga + ( X - M )a

Y = 450 + 0.5Y  + 275 + 875 + 50

0.5Y = 1650

"A"  is the autonomous expenditure.

Thus, A = 1650

0.5Y = A

Multiplier= Change in Y/ Change A

Change in Y/ Change A =1/0.5

Change in Y/ Change A =2

Thus, Multiplier = 2

Alberto is a lawyer and needs to calculate how much to charge a client for his services. He charges $225 for each hour. He spent 2 1/4 hours consulting with the client, 4 1/2 hours researching the client’s case, 3 hours negotiating with the other party’s lawyer, and 3 1/2 hours drawing up and filing court papers. How much will he charge?

Answers

Answer:

$2,475

Explanation:

Consulting with the client = 2 1/4 hours

Researching the client’s case = 4 1/2 hours

Negotiating with the other party’s lawyer = 3 hours

Drawing up and filing court papers = 3 1/2 hours

Total hours = 2 1/4 + 4 1/2 + 3 + 3 1/2

= 9/4 + 9/4 + 3 + 7/2

= (9+9+12+14) / 4

= 44/4

= 11 hours

Total hours = 11 hours

Charges per hour = $225

Total charges = Charges per hour × Total hours

= $225 × 11

= $2,475

Total charges = $2,475

Your boss at work is known as a one-solution-fits-all problems type manager. This approach to problem solving is most characteristics of Group of answer choices younger adults. older adults. individuals experiencing terminal decline. concrete operational thinkers.

Answers

Answer:

older adults.

Explanation:

From the question we are informed about an instance whereby your boss at work is known as a one-solution-fits-all problems type manager. This approach to problem solving is most characteristics of older adults. One-solution-fits-all problems approach can be regarded as problem solving approach whereby there is standard approach to all problems, in this case it is not tailored to individual problem needs. The style and approach that is used by that particular manager in solving problems in that particular organization will fit in to solve all related problems that could surface.

If you 2,000,000,000 dollars what would you do with all that money

Answers

Answer:

put about 500,000,000 in stocks ,and 200,000,000 in bitcoin. Than start my own business save 1,100,000,000 in a bank or store it somewhere no one else can find it and than buy a beach side home and classic mustang cuz why not im rich

Explanation:

cuz I can


Name FIVE factors that must be considered when choosing a form of ownership.

Answers

Answer:

1) financing, taxation,risk tolerance, continuity and transferability,entrepreneurial ability

Explanation:

,

Suppose that you were interested in building a luxury apartment complex in your hometown. In your analysis of local demographics, you discover that the target market makes up only 5% (core market share) of the households that currently rent (or would be interested in renting) in this town. If market experts believe that a total of 5,000 apartment units will be rented in your entire hometown within the next year, what is the projected number of units the developer could expect to lease in year 1 if he is able to capture 20% of the market potential

Answers

Answer:

The projected number of units the developer could expect to lease in year 1 if he is able to capture 20% of the market potential is:

= 1,000 apartment units.

Explanation:

a) Data and Calculations:

The percentage of households that currently rent in the town = 5%

Demographic of households in the town = 100,000 (5,000/5%)

Number of apartment units established by market experts to be rented in the entire hometown within the next year = 5,000 (5% of 100,000)

20% of the market potential = 1,000 (5,000 * 20%)

The owner of a one-acre parcel of land with a small house on it rented the property to a professor of a nearby college at a monthly rental of $500. Several years later, after the professor got tenure, the parties orally agreed that the professor would purchase the property from the owner for the sum of $60,000, payable at the rate of $500 a month for 10 years. They agreed that the owner would give the professor a deed to the property after five years had passed and $30,000 had been paid toward the purchase price, and that the professor would execute a note secured by a mortgage for the balance. The professor continued in possession of the property and made all monthly payments in a timely fashion. When he had paid $30,000, he tendered a proper note and mortgage to the property owner and demanded that she deliver the deed as agreed. The owner refused because valuable minerals had been discovered on adjacent parcels in recent months, causing the value of this parcel of land to increase to 10 times its former value. The professor brought suit against the property owner for specific performance. If the court rules in favor of the property owner, what is the likely reason

Answers

Answer: See explanation

Explanation:

Based on the information that were provided in the question, in a situation whereby the court rules in favor of the property owner, the most likely reason for this will be because the payment of the professor are as consistent just exactly as if they had a landlord-tenant relationship between them even though it was just an oral contract that they both had.

In this case, since the professor met his term of the agreement, then he should be given the property.

An investor entered into a contract with a winery. The contract provided that the investor would invest $1 million in the winery and, in return, the winery would produce and market at least 500,000 bottles of wine each year for five years under a specified label. The contract included a provision that, if feasible, the wine would be distributed by the winery only through a certain wholesale distributor of fine wines. Neither the investor nor the winery had previously dealt with the distributor. The distributor learned of the contract two days later from reading a trade newspaper. In reliance thereon, he immediately hired an additional sales executive and contracted for enlargement of his wine storage and display facility. If the winery refuses to distribute the wine through the distributor and the distributor then sues the winery for breach of contract, is it likely that the distributor will prevail

Answers

Answer:

It is NOT likely that the distributor will prevail.

Explanation:

There was no contract between the distributor and the winery.  The intended distributor was not clearly stated in the trade newspaper that the distributor read and relied on to expand his salesforce and storage and display facilities.  The distributed voluntarily acted on its own whims and caprices.  A contract cannot be imagined.  There must be an offer and acceptance, establishing the full consent of the parties to enter into a contract.  The intention to contract is also lacking.

Mineral-rich Democratic Republic of the Congo is one of the world's most important sources of uranium. It also is a source of copper, tin, diamonds (mainly industrial), gold, cobalt, and zinc. Agricultural products include palm oil and kernels, cottonseed, rubber, cotton, coffee, peanuts, sweet potatoes and yams, and cassava. How many cotton products does Democratic Republic of the Congo produce

Answers

Answer: Two

Explanation:

According to the paragraph above, the DRC produces both cotton and cottonseed. Both of these are cotton products. First the cotton that surrounds the seed is removed by the process of ginning and then processed for clothing.

Then the cottonseed can also be processed to extract the oil contained in it. This oil can be used to make candles, cosmetics and insecticide. After the oil is extracted, the seed can then be used to feed livestock.

Government actions taken to mange a country’s money supply are called ————-policy

Answers

Answer:

Government actions taken to mange a country’s money supply are called ——Monetary——-policy

Question

Government actions taken to mange a country’s money supply are called ————-policy

Answer

Monetary

Explanation

Monetary is a government actions that taken to manage a countries by supplying money.

#LearnwithBrainly

Monetary policy Select one: a. cannot be implemented quickly and most of its impact on aggregate demand occurs months after policy is implemented. b. can be implemented quickly and most of its impact on aggregate demand occurs very soon after policy is implemented. c. can be implemented quickly, but most of its impact on aggregate demand occurs months after policy is implemented. d. cannot be implemented quickly, but once implemented most of its impact on aggregate demand occurs very soon afterward.

Answers

Answer:

c. can be implemented quickly, but most of its impact on aggregate demand occurs months after policy is implemented.

Explanation:

A monetary policy can be defined as the actions (macroeconomic policies) adopted and undertaken by the central bank of a particular country to control the money supply and interest rates so as to boost or enhance economic growth. The central bank uses monetary policies to manage inflation, economic growth through long-term interest rates and level of unemployment in a country. In order to boost economic growth, monetary policy is used to increase money supply (liquidity) while it is also used to prevent inflation by reducing money supply.

Generally, money supply comprises of checks, cash, money market mutual funds (MMF) and credit (mortgage, bonds and loans).

Typically, a monetary policy can be implemented quickly by the central bank of a particular country, but most of its impact on aggregate demand occurs months after policy is implemented.

Bill plans to deposit $200 into a bank account at the end of every month. The bank account has a nominal interest rate of 8 percent and interest is compounded monthly. How much will Bill have in the account at the end of 2½ years (30 months)?

Answers

I think you will have 6,000 by the end of 2 years

The amount that should have in the account at the closing of 30 months is $6,617.77.

Given that,

The rate of interest = 8% ÷ 12 = 0.6666%The nper is = 2.5 × 12 = 30The monthly payment or pmt is $200The present value be $0

Now the following formula should be used:

=-FV(RATE,NPER,PMT,PV,TYPE)

After applying the above formula, the future value is $6,617.77.

Therefore we can conclude that The amount that should have in the account at the closing of 30 months is $6,617.77.

Learn more about the future value here: brainly.com/question/8286272

for private goods allocated in markets, a. prices guide the decisions of buyers and sellers and these decisions lead to an inefficient allocation of resources. b. the government guides the decisions of buyers and sellers and these decisions lead to an efficient allocation of resources. c. prices guide the decisions of buyers and sellers and these decisions lead to an efficient allocation of resources. d. the government guides the decisions of buyers and sellers and these decisions lead to an inefficient allocation of resources

Answers

Answer:

c. prices guide the decisions of buyers and sellers and these decisions lead to an efficient allocation of resources.

Explanation:

As we know that the private goods are considered to be the rival and excludable so the consumers who pay for the private goods and the producers of the private goods could exercise the property rights over and across them. Also the market efficiently distributed the resources for private goods production

So as per the given situation, the option c is correct

science week1 qarter4 grade 8​

Answers

Answer:

Explanation:

444

During May, Carolan Corporation transferred $59,000 from Work in Process to Finished Goods and recorded a Cost of Goods Sold of $65,000. The journal entries to record these transactions would include a: Multiple Choice credit to Cost of Goods Sold of $65,000. debit to Finished Goods of $65,000. credit to Work in Process of $59,000. credit to Finished Goods of $59,000.

Answers

Answer:

credit to Work in Process of $59,000.

Explanation:

Based on the information given the appropriate l journal entries to record these transactions would include a: CREDIT TO WORK IN PROCESS OF $59,000

Dr Finished goods $59,000

Cr Work in process $59,000

Dr Cost of goods sold $65,000

Cr Finished goods $65,000

Zhang Industries sells a product for $600. Unit sales for May were 500 and each month's sales are expected to grow by 2%. Zhang pays a sales manager a monthly salary of $4,500 and a commission of 1% of sales in dollars. Assume 35% of Zhang's sales are for cash. The remaining 65% are credit sales; these customers pay in the month following the sale. Compute the budgeted cash receipts for June.

Answers

Answer:

the budgeted cash receipts for June is $306,000

Explanation:

The computation of the budgeted cash receipts for June is given below:

Sales for June 510 units (500 × 1.02)

Receipts from cash sales $107,100 (510 × $600 × 35%)  

Receipts from credit sales $198,900  (510 × $600 × 65%)  

Budgeted cash receipts for June $306,000

Hence, the budgeted cash receipts for June is $306,000

Profit-maximizing monopolists never produce in the range of output where MR is negative because

Answers

Answer: They wouldn't maximize profit.

Explanation:

Profit Maximizing Monopolists would always produce so long as Marginal revenue is positive because it would give them a chance to make more profit. If marginal revenue becomes negative, they would be making less than they did on the last product which would not be ideal to them.

This is so because the profit maximizing point is where marginal cost equals marginal revenue and as production increases, so also does marginal cost which means that for profit to be maximized, marginal revenue has to be positive as well to equal marginal cost.

Josie is interested in purchasing a computer and is overwhelmed by the many different models available. She decides to consult a magazine devoted to reviewing the quality of home computers. After reading a number of articles stating the pros and cons of each model, she decides on a computer. Josie has been persuaded to purchase this particular computer because of the _____ route to persuasion.

Answers

Answer:

Central

Explanation:

From the question, we are informed about Josie who is interested in purchasing a computer and is overwhelmed by the many different models available. She decides to consult a magazine devoted to reviewing the quality of home computers. After reading a number of articles stating the pros and cons of each model, she decides on a computer. Josie has been persuaded to purchase this particular computer in this case, because of the central route to persuasion. Persuasion can be regarded as the act of making people to act or do something. The primary types are central route and peripheral route.

The central route to persuasion can be regarded as type of persuasion consisting of thoughtful consideration about the arguments i.e about the ideas as well as content of the message.once central processing starts by the receiver then the receiver has become active participant in the process of persuasion.The central route to persuasion make use of facts as well as information in persuading potential consumers.

Some industries’ competition is much more intense than others. Retail grocery stores such as Kroger, Safeway, and Albertson’s in the United States experience fierce competition and offer similar marketing campaigns to compete. What is this an example of in terms of Porter’s Five Forces Model? Multiple Choice rivalry among new entrants rivalry among existing competitors threat of substitute products or services buyer power

Answers

Answer:

rivalry among existing competitors

Explanation:

The Porters' 5 forces is used to analyse the competitiveness among firms in an industry.

Porter's 5 forces include :

Competition in the industry : the higher the number of companies in the industry, the lower the power an individual firm possesses. For example, if an industry increases it price, a consumer can easily shift to the consumption of substitutes  Potential of new entrants into the industry : If there are low barriers to entry in an industry, firms in the industry experience greater competition   Power of suppliers : the higher the number of suppliers in the industry, the higher the bargaining power of firms in the industry and the greater the power they possess  Power of customers : the larger the number of customers, the greater the power firms possess Threat of substitute product : if there are little or no substitutes for the goods produced by companies, the greater the power the firms possess

Amend Inc. debited Accounts Receivable and credited Allowance for Uncollectible Accounts to reestablish an account previously written off. Amend Inc. should also debit _______ and credit _______. Multiple choice question. Accounts Receivable; Cash Cash; Allowance for Uncollectible Accounts Cash; Accounts Receivable Allowance for Uncollectible Accounts; Cash

Answers

Answer:

Cash; account receivable

Explanation:

The journal entry to reestablish an account previously written off is given below:

Cash Dr XXXXX

   To account receivable XXXXX

(being the reestablish an account previously written off is recorded)

Here the cash is debited as it increased the assets and account receivable is credited as it decreased the assets

On April 1, year 1, Hyde Corp., a newly formed company, had the following stock issued and outstanding:
1) Common stock, no par, $1 stated value, 20,000 shares originally issued for $30 per share.
2) Preferred stock, $10 par value, 6,000 shares originally issued for $50 per share.
Hyde's April 1, year 1 statement of stockholders' equity should report
Common stock
Preferred stock
Additional paid-in capital

Answers

Answer:

Common stock $20,000

Preferred stock $60,000

APIC $820,000

Explanation

Calculation to determine what Hyde's April 1, year 1 statement of stockholders' equity should report

Calculation to determine the COMMON STOCK

Common stock=20,000 shares*$1

Common stock=$20,000

Calculation to determine PREFERRED STOCK

Preferred stock =6,000 shares*$10

Preferred stock =$60,000

Calculation to determine ADDITIONAL PAID-IN CAPITAL (APIC)

APIC=[(6000*$50)-(6000*$10)]+[(20,000*$30)+(20,000*$1)]

APIC=($300,000-$60,000)+($600,000-$20,000)

APIC=$240,000+$580,000

APIC=$820,000

Therefore Hyde's April 1, year 1 statement of stockholders' equity should report:

Common stock $20,000

Preferred stock $60,000

APIC $820,000

The Federal Securities Act and the Securities Exchange Commission aimed to a prohibit completely the sale of stocks on margin (i.e. with borrowed funds). b prevent interlocking directorates and business pyramiding schemes. c provide full disclosure of information and prevent insider trading and other fraudulent practices. d stop the practice of establishing interlocking directorates on America's corporate boards that produced controversial conflicts-of-interest in the governance of American businesses. e force stockbrokers to register with the federal government.

Answers

Answer:

c. provide full disclosure of information and prevent insider trading and other fraudulent practices.

Explanation:

The Security Act of 1933 was a step initiated towards the regulation of the stock market. The power was shifted from the hands of State legislation and granted to the federal government to regulate the stock market. It was also designed in a way that it provided the set of rules that helped in preventing any act of fraudulent. President Franklin D. Roosevelt signed and passed the act.

Countries rely on each other for good and services, this is called economic
A
balance of trade
B
interdependence
с
international trade
D
quota

Answers

Answer:

B. interdependence

Explanation:

Trade can be defined as a process which typically involves the buying and selling of goods and services between a producer and the customers (consumers) at a specific period of time.

Economic integration can be defined as a strategic trade arrangement between countries to eliminate or mitigate trade barriers, as well as coordinate fiscal and monetary policy among its members.

There are different types of market or trade bloc used in economic integration and these includes;

I. Customs union

II. Free trade area

III. Common market

IV. Political union

VI. Economic union

A free trade area (zone) can be defined as an economic area wherein goods are exported or imported from one country to another without being subjected to normal trade laws such as quotas, bureaucratic requirements and tariffs of the country. Thus, a free trade area (zone) stimulates or enhances foreign trade, investment and globalization.

Hence, when countries rely on each other for good and services, this is called economic interdependence.

Economic interdependence can be defined as a situation in which two or more individuals, organizations or countries depend on one another through the exchange of goods and services, in order to meet their demands or needs.

Match each component of a mortgage with its definition.
the amount a borrower needs to have
on hand to obtain a mortgage
taxes
the amount initially borrowed from a
lender
fees
the additional costs a lender charges
for processing a loan
principal
payments homeowners are required
to make each year to the government
down payment

Answers

Answer:

Fees-the additional costs a lender charged for processing a loan

Principal-The amount initially borrowed from a lender

Taxes-payments homeowners are required to make each year to the government

Down payment- the amount a borrower needs to have on hand to obtain a mortgage

Explanation:

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