You have just been hired as the director of operations for Reidâ Chocolates, a purveyor of exceptionally fine candies. Reid Chocolates is evaluating a kitchen layout under consideration for its recipe making and testing department. The strategy is to provide the best kitchen layout possible so that food scientists can devote their time and energy to productâ improvement, not wasted effort in the kitchen.

Flow Refrigerator Counter Sink Storage Stove
Refrigerator - 8 14 0 0
Counter 7 - 4 4 8
Sink 4 14 - 4 0
Storage 3 0 0 - 5
Stove 0 9 4 11 -

For layout numberâ one, the cumulative â"loadtimesÃâdistance" orâ "movementâcost"equals=_____feet â(enter your response as a wholeâ number).
For layout numberâ two, the cumulativeâ"loadtimesÃâdistance" orâ "movement âcost"= _________feetâ(enter your response as a wholeâ number).

Answers

Answer 1

Solution :

                  Number or strips between the work centers

From/To          Refrigerator(1)     Counter(2)     Sink(3)     Storage(4)        Stove(5)

Refrigerator 1                                     8                  14                0                    0

Counter       2            7                                            4                4                    8

Sink             3             4                      14                                    4                     0

Storage       4            3                       0                 0                                         5

Stove           5            0                      9                  4                  11

The weighted average score can be calculated by finding the distance between the departments.

Departments          No. of strip            Distance            Wt. Distance

       1,2                          8                           4                           32

       1,3                          14                          8                           112

       2,1                          7                            4                           28

       2,3                         4                             4                          16

       2,4                        4                             8                           32

       2,5                        8                            12                           96

       3,1                        4                             8                            32

       3,2                        14                          4                             56

       3,4                         4                          4                             16

        4,1                         3                          12                            36

        4,5                       5                          4                              20

        5,2                      9                            12                            108

        5,3                      4                             8                             32

         5,4                       11                          4                             44  

                                                                                                660

Therefore, load time x distance or the movement cost = 660 feet


Related Questions

g A monopoly is a market that has Group of answer choices Only one buyer. Only one seller. Many sellers who sell differentiated products. Many sellers who sell identical products.

Answers

Answer:

Only one seller.

Explanation:

A monopoly is a market structure which is typically characterized by a single-seller (one seller) who sells a unique product in the market by dominance. This ultimately implies that, it is a market structure wherein the seller has no competitor because he is solely responsible for the sale of unique products without close substitutes.

Also, a monopolist refers to any individual that deals with the sales of unique products in a monopolistic market.

For example, a public power supply company is an example of a monopoly because it serve as the only source of power supply to the general public in a society.

A public power company refers to a company that provides power (electricity) utility to the general public of a society.

In conclusion, a monopoly is a market that has only one seller.

roject A costs $6,000 and will generate annual after-tax net cash inflows of $2,150 for five years. What is the payback period for this investment under the assumption that the cash inflows occur evenly throughout the year

Answers

Answer:

It will take 2.79 years to cover the initial investment.

Explanation:

Giving the following information:

Project A costs $6,000 and will generate annual after-tax net cash inflows of $2,150 for five years.

The payback period is the time required to cover the initial investment:

Year 1= 2,150 - 6,000= -3,850

Year 2= 2,150 - 3,850= -1,700

Year 3= 2,150 - 1,700= 450

To be more accurate:

(1700/2150)= 0.79

It will take 2.79 years to cover the initial investment.

A corporation acquired a copyright by issuing 1,000 shares of $5 par common stock. At the time of the exchange, the stock was selling for $40 per share. The copyright had a carrying value of $18,000 to the author. The purchasing corporation should assign to the copyright a value of

Answers

Answer:

the  purchasing corporation should assign to the copyright a value of $40,000

Explanation:

The computation of the copyright value is given below:

= Number of shares acquired for purchasing a copyright × selling stock per share

= 1,000 shares × $40

= $40,000

hence, the  purchasing corporation should assign to the copyright a value of $40,000

Gabbe Industries is a division of a major corporation. Last year the division had total sales of $23,615,600, net operating income of $3,164,490, and average operating assets of $5,492,000. The company's minimum required rate of return is 19%.

Required:
a. What is the division's margin?
b. What is the division's turnover?
c. What is the division's return on investment (ROI)?

Answers

Answer:

Gabbe Industries

a. Division's margin

= 13.40%

b. Division's turnover

= 4.3x

c. Division's return on investment (ROI)

= 57.62%

Explanation:

a) Data and Calculations:

Sales = $23,615,600

Net operating income = $3,164,490

Average operating assets = $5,492,000

Minimum required rate of return = 9%

a. Division's margin =Net operating income/Sales * 100

= $3,164,490/$23,615,600 * 100

= 13.40%

b. Division's turnover = Sales/Average operating assets

= $23,615,600/$5,492,000

= 4.3x

c. Division's return on investment (ROI) = Net operating income/Average operating assets

= $3,164,490/$5,492,000 * 100

= 57.62%

Kamal made a scale drawing of a house. The scale of the drawing was 7 inches : 3 feet. A rug in the hallway is 6 feet long in real life. How long is the rug in the drawing?

Answers

Answer:

14 inches

Explanation:

Given that :

Scale drawing ; 7 inches = 3 feets ;

This means that 7 inches on the drawing equals 3 feets in real life

With this, we can calculate the length of scale drawing for 1 feet long object.

7 inches = 3 feets

x = 1 feet

Cross multiply :

3x = 7

x = 7/3 inches

Therefore, for a 6 feet long rug in real life, the length of drawing will be :

1 Feet = 7/3 inches

6 feets = (7/3 * 6) inches

(7/3 * 6) = 42 / 3 = 14 inches

Required: a. Compute gross profit, the goods available for sale, and the cost of goods sold for the merchandiser. Hint: Not all information may be necessary. b. Use the above information from a service company and from a merchandiser to compute net income.Kleiner Merchandising CompanyAccumulated depreciation $ 700Beginning inventory 10,000Ending Inventory 6,000Expenses 1,950Net Purchases 11,900Net Sales 19,500Krug Service CompanyExpenses $ 8,400Revenues 24,000Cash 650Prepaid rent 660Accounts payable 200Equipment 2,200

Answers

Answer:

A.

a. Good Available For Sale $21,900

b. Cost of goods sold $15,900

c. Gross profit $3,600

B. Net income for merchandise company $1650

Net income for service company $15600

Explanation:

A.Compution for gross profit, the goods available for sale, and the cost of goods sold for the merchandiser.

a. Good Available For Sale

Using this formula

Good available fro sale = Beginning inventory + Net purchase

Let plug in the formula

Good available fro sale = $10,000 + $11,900

Good available fro sale = $21,900

b. COST OF GOODS SOLD

Using this formula

Cost of goods sold = Goods available for sale - Ending inventory

Let plug in the formula

Cost of goods sold= $21,900 - $6000 =

Cost of goods sold= $15,900

c. GROSS PROFIT

Using this formula

Gross profit= Sales - COGS

Let plug in the formula

Gross profit = $19,500 - $15,900

Gross profit= $3,600

b.Computation for net income

Net income for merchandise company = Gross profit - Expenses = $3,600 - $1,950 = $1,650

Net income for service company = Revenue - Expenses = $24,000 - $8,400 = $15,600

Following are selected accounts for a company. For each account, indicate whether it will appear on a budgeted income statement (BIS) or a budgeted balance sheet (BBS).

a. Sales …………………………………….._____
b. Administrative salaries paid….._____
c. Accumulated depreciation………._____
d. Depreciation expense………………_____
e. Interest paid on bank loan….….._____
f. Cash dividends paid…………………_____
g. Bank loan owed………………………_____
h. Cost of goods sold………………….._____

Answers

Answer:

Find the answers below

Explanation:

a. Sales ……………………………………. Budgeted Income Statement

b. Administrative salaries paid…..Budgeted Income Statement

c. Accumulated depreciation………._____ Budgeted Balance Sheet

d. Depreciation expense……………Budgeted Income Statement

e. Interest paid on bank loan….….Budgeted Income Statement

f. Cash dividends paid…………………Budgeted Income Statement

g. Bank loan owed………………………Budgeted Income Statement

h. Cost of goods sold.........Budgeted Balance Sheet

The price elasticity of gasoline supply in the United States is 0.4. If the price of gasoline rises by​ 8%, what is the expected change in the quantity of gasoline supplied in the United​ States?
A. ​3.2%
B. ​+ 0.32%
C. ​+ 32.0%
D. ​+ 3.2%

Answers

Answer:

a

Explanation:

Price elasticity of demand measures the responsiveness of quantity demanded to changes in price of the good.

Price elasticity of demand = percentage change in quantity demanded / percentage change in price

0.4 == quantity / 8  

3.2%

If the absolute value of price elasticity is greater than one, it means demand is elastic. Elastic demand means that quantity demanded is sensitive to price changes.  

Demand is inelastic if a small change in price has little or no effect on quantity demanded. The absolute value of elasticity would be less than one

Demand is unit elastic if a small change in price has an equal and proportionate effect on quantity demanded.  

Infinitely elastic demand is perfectly elastic demand. Demand falls to zero when price increases  

Perfectly inelastic demand is demand where there is no change in the quantity demanded regardless of changes in price.

A project to build a new bridge seems to be going very well since the project is well ahead of schedule and costs seem to be running very low. A major milestone has been reached where the first two activities have been totally completed and the third activity is 70% complete. The planners were expecting to be only57% through the third activity at this time. The first activity involves prepping the site for the bridge. It was expected that this would cost $1,427,000 and it was done for only $1,307,000. The second activity was the pouring of concrete for the bridge. This was expected to cost $10,507,000 but was actually done for $9,007,000. The third and final activity is the actual construction of the bridge superstructure. This was expected to cost a total of $8,507,000. To date, they have spent $5,007,000 on the superstructure. Calculate the schedule variance, schedule performance index, and cost performance index for the project to dat

Answers

Answer:

Schedule variance = $1,105,910

Schedule performance index = 1.066

Cost performance index = 1.168

Explanation:

Note: The requirement of the question is not complete. The complete requirement is therefore provided before answering the question.

Calculate the schedule variance, schedule performance index, and cost performance index for the project to date. (Round your "performance index" values to 3 decimal places.)

The explanation of the answers is now provided as follows:

Budgeted cost of work schedule = Expected cost of first activity + Expected cost of second activity + (Expected cost third activity * Expected percentage of completion) = $1,427,000 + $10,507,000 + ($8,507,000 * 57%) = $16,782,990

Budgeted cost of work performed = Expected cost of first activity + Expected cost of second activity + (Expected cost third activity * Actual percentage completed) = $1,427,000 + $10,507,000 + ($8,507,000 * 70%) = $17,888,900

Actual cost to date = Actual cost of first activity + Actual cost of second activity + Actual amount spent on third activity to date = $1,307,000 + $9,007,000 + $5,007,000 = $15,321,000

Therefore, we have:

Schedule variance = Budgeted cost of work performed - Budgeted cost of work schedule = $17,888,900 - $16,782,990 = $1,105,910

Schedule performance index = Budgeted cost of work performed / Budgeted cost of work schedule = $17,888,900 / $16,782,990 = 1.066

Cost performance index = Budgeted cost of work performed / Actual cost to date = 1.168

When purchases of merchandise are made on account with a perpetual inventory system, the transaction is recorded with which entry

Answers

Answer:

debit Merchandise Inventory, credit Accounts Payable.

Explanation:

In the case when the merchandise is purchased on account, so the following journal entry is recorded

Merchandise inventory Dr XXXXX

      To account payable XXXXX

(Being merchandise inventory purchased on account)

Here merchandise inventory is debited as it increased the assets and credited the account payable as it also increased the liabilities

The company's variable overhead costs are driven by machine-hours. What would be the total budgeted overhead cost for next month if the activity level is 2,400 machine-hours rather than 2,500 machine-hours? Assume that the activity levels of 2,500 machine-hours and 2,400 machine-hours are within the same relevant range. Group of answer choices

Answers

Answer:

$60,380

Explanation:

Missing word "Kerekes Manufacturing Corporation has prepared the following overhead budget for next month. Activity Level - 2500 Machine Hours - Variable Overhead Cost: Supplies 12,250 Indirect Labor ---22,000 Fixed Overhead: Supervisor 15,500 Utilities -- 5500 Depreciation --- 6500 Total Cost --- 61,750"

So, at activity level of 2500

Total variable overhead cost = Supplies + Indirect labor

Total variable overhead cost = $12,250 + $22,000

Total variable overhead cost = $34,250

So, at activity level of 2400

Total variable overhead cost = $34,250 * 2,400/2,500

Total variable overhead cost = $34,250 * 0.96

Total variable overhead cost = $32,880

So, at 2,400 hours

Total overhead cost = Variable overhead cost + Fixed overhead cost

Total overhead cost = $32,880 + Supervisor salary + Utilities + Depreciation

Total overhead cost = $32,880 + $15,500 + $5,500 + $6,500

Total overhead cost = $60,380

Specter Co. combines cash and cash equivalents on the balance sheet. Using the following information, determine the amount reported on the year-end balance sheet for cash and cash equivalents.$7,000 cash deposit in checking account.$28,000 bond investment due in 20 years.$7,000 U.S. Treasury bill due in 1 month.$400, 3-year loan to an employee.$1,800 of currency and coins.$700 of accounts receivable.

Answers

Answer:

the  cash and cash equivalents is $15,800

Explanation:

The computation of the cash and cash equivalents is given below:

= Cash deposit + U.S. Treasury bill due in 1 month + currency and coins

= $7,000  + $7,000 + $1,800

= $15,800

hence, the  cash and cash equivalents is $15,800

The same is to be considered and relevant

40. Giả sử tỷ giá giao ngay của EUR là 0.9 USD/EUR . Tỷ giá giao ngay dự kiến một năm sau là 0.85 USD/EUR, % thay đổi của tỷ giá giao ngay là :

Answers

Answer:

Sorry I can't understand

Assume banks are required to hold reserves equal to 20 percent of deposits. Instructions: Enter your responses as a whole number. a. How much excess reserves does the bank hold

Answers

Answer: $100

Explanation:

If the reserve requirement is 20% then the required reserves being held by the company is:

= Total deposits * reserve requirement

= 8,000 * 20%

= $1,600

The reserves held by the company of $1,700 comprise of both the required reserves and the excess reserves. The excess reserves will therefore be calculated as:

Excess reserves = Reserves - Required reserves

= 1,700 - 1,600

= $100

Tomlinson Packaging Corporation began business in 2018 by issuing 30,000 shares of $5 par common stock for $8 per share and 5,000 shares of 6%, $10 par preferred stock for par. At year end, the common stock had a market value of $10. On its December 31, 2019 balance sheet, Tomlinson Packaging would report:___________

a. Common Stock of $100,000
b. Paid-In Capital of $150,000
c. Common Stock of $200,000
d. Common Stock of $160,000

Answers

Answer:

d. common stock of $150,000.

Explanation:

First and foremost, upon issuance of stocks, the common stock account would be credited with the total par value of the shares issued as shown below:

total par value=par value per share*shares issued

total par value=$5*30,000

total par value=$150,000

The paid-in capital would be credited with the  total amount the cash proceeds from the share issue exceeds the total par value

total cash proceeds=$8*30,000

total cash proceeds=$240,000

paid-in capital=$240,000-$150,000

paid-in capital=$90,000

The correct option is the common stock of $150,00, except that the number of shares issued is 20,000,hence, the common stock of $100,000 would be correct

Check a similar question below to drive home my point:

Kerwin Packaging Corporation began business in 2010 by issuing 30,000 shares of $5 par common stock for $8 per share and 10,000 shares of 6%, $10 par preferred stock for par. At year-end, the common stock had a market value of $10. On its December 31, 2011 balance sheet, Kerwin Packaging would report:

a. common stock of $300,000.

b. paid-in capital of $150,000.

c. common stock of $240,000.

d. common stock of $150,000.

In the short run, fixed costs: Group of answer choices are an important feature in a firm's decision to produce or not produce. have no impact on a firm's profit level. remain constant. do not exist.

Answers

Answer:

remain constant.

Explanation:

The short run is a period where all  factors of production are fixed. In the short run, a firm would continue to produce if price is above average variable cost. If this is not the case, it would shut down

The long run is a period where all factors of production are varied. It is known as the planning time for a company

Fixed costs are costs that do not vary with output. e,g, rent, mortgage payments

If production is zero or if production is a million, Mortgage payments do not change - it remains the same no matter the level of output.  

Kathy Elliot has decided that she will start an internet company to sell reliable used cars to customers Nationwide she has decided to use the sole proprietorship business format. Elliot's next step is to write a formal _____ before she applies for a business loan

Answers

Answer:

business plan

Explanation:

Suppose Torche Corporation has the following results related to cash flows for 2020: Net Income of $10,000,000 Increase in Accounts Payable of $800,000 Increase in Accounts Receivable of $600,000 Decrease in Inventory of $100,000 Assuming no other cash flow adjustments than those listed above, create a statement of cash flows with amounts in thousands. What is the Net Cash Flow from Operating Activities?

Answers

Answer:

9,700,000

Explanation:

Essentially... a lot. I would recommend learning about debits and credits. Short explanation is credits are negative and debits are positive. So an increase to a debit is adding to the net value, just as a decrease to a credit adds net value.

We start with 10,000,000.

We subtract 800,000 from this as we are increasing AP, a credit.

We are now at 9,200,000

We then add 600,000 from AR, a debit that is increasing.

We are at 9,800,000.

Finally, we subtract 100,000 because we are decreasing Inventory, a debit.

Our final value is 9,700,000

Silky Smooth has an EPS of $2.93 per share and a profit margin of 6.3 percent. If the Price to Sales ratio of the industry is 1.56 times, what is a good estimate for Solky Smooth's stock price

Answers

Answer:

$88.16

Explanation:

The computation of the estimation of the stock price is given below:

Net profit ÷ sales = 6.3%

And,

Net profit ÷ Number of shares = $2.93

So,

6.3% of sales ÷ Number of shares = $2.93

Sales ÷ Number of shares = 46.51

Now PS ratio is = Price ÷ sales

= 1.56 × 46.51

= $88.16

Define Total Quality Management (TQM) and Lean Production.​

Answers

Total Quality Management (TQM) is an on-going improvement management plan. Furthermore, TQM ensures that equipment is properly maintained and a recent type, and workers are well-trained. However, most companies who use Total Quality management also utilize other lean processes, not just TQM.

XYZ Co. expects to sell 26,000 pools for $15 each. Direct materials cost is $3 per pool, direct labor cost is $5 per pool, and manufacturing overhead cost is $1.62 per pool. The following inventory levels apply to 2019: Beginning inventory Ending inventory Direct materials 20,000 units 22,000 units Work-in-process inventory 0 units 100 units Finished goods inventory 1,800 units 2,600 units How many pools need to be produced in 2019

Answers

Answer:

250120

Explanation:

Total pools is equal to 26,000

Directable cost is equal to $5 per pool

Manufacturing overhead equals 1.62 dollars per pool

Direct costes equals $3 per pool

We add up this costs

5+1.62+3 = 9.62 dollars in total

In 2019 the total amount of pools that needs to be produced can be gotten by multiply 26000 with 9.62

26000x9.62

= 250,120

L. Bowers and V. Lipscomb are partners in Elegant Event Consultants. Bowers and Lipscomb share income equally. M. Ortiz will be admitted to the partnership. Prior to the admission, equipment was revalued downward by $8,000. The capital balances of each partner are $96,000 and $40,000, respectively, prior to the revaluation.
a. Provide the journal entry for the asset revaluation.
b. Provide the journal entry for Ortiz’s admission under the following independent situations:
1. Ortiz purchased a 20% interest for $20,000.
2. Ortiz purchased a 30% interest for $60,000.

Answers

Answer: See attachment and explanation

Explanation:

1. Ortiz purchased a 20% interest for $20,000.

Total capital after the admission of the partner will be:

= ($96000 - $4000) + ($40000 - $4000) + $20000

= $92000 + $36000 + $20000

= $148000

The share of new partner in the capital structure will be:

= Total capital × Interest of new partner

= $148000 × 20%

= $29600

There'll be a deficiency in the profit which the existing partner contributes to and this will be:

= $29600 - $20000

= $9600

Then each partner shares =$9600/2 = $4800

2. Ortiz purchased a 30% interest for $60,000.

Total capital after the admission of the partner will be:

= ($96000 - $4000) + ($40000 - $4000) + $60000

= $92000 + $36000 + $60000

= $188000

The share of new partner in the capital structure will be:

= Total capital × Interest of new partner

= $188000 × 30%

= $56400

Since the share is less than the amount of $60000 bought in, the existing partner will be compensated in the amount of ($60000 - $56400) = $3600. Therefore each partner gets $3600/2 = $1800

Check attachment for the journal entries.

You wish to sell short 100 shares of XYZ corporation stock. If the last two transactions were at $34.10 followed by $34.15, you only can sell short on teh next transaction at a price of

Answers

Answer: b. 34.15 or higher

Explanation:

Short sales refer to the sale of borrowed stocks in anticipation that the stock price of the underlying stock will fall. This will then enable you to make a profit by buying the cheaper shares and giving it back to the entity you borrowed from thereby making a profit.

With short sales, the price is usually upward trending so will normally increase from the last price. As the last price here was $34.15, that would be the likely minimum for the next sale.

This means that the next sale will either be at a price of $34.15 or a price higher than that.

Escareno Corporation has provided its contribution format income statement for June. The company produces and sells a single product.
Sales (8,400 units) $ 764,400
Variable expenses 445,200
Contribution margin 319,200
Fixed expenses 250,900
Net operating income $68,300
If the company sells 8,200 units, its total contribution margin should be closest to:________.
a. $301,000
b. $311,600
c. $319,200
d. $66,674

Answers

Answer:

b. $311,600

Explanation:

Calculation to determine what total contribution margin should be closest to:

Using this formula

Contribution margin per unit=Current contribution margin ÷ Current sales in units

Where,

Contribution margin per unit

=$319,200 ÷ 8,400

Contribution margin per unit= $38

Now let determine the total contribution margin

Total contribution margin= 8,200 × $38

Total contribution margin=$311,600

Therefore total contribution margin should be closest to:$311,600

The cost to produce was $20 per unit in 2019. During 2020, it has increased to $23 per unit. In 2020, Supplier Company has offered to supply for $18 per unit. For the make-or-buy decision:_____.a. incremental costs are $2 per unit.
b. differential costs are $7 per unit.
c. net relevant costs are $2 per unit.
d. incremental revenues are $7 per unit.

Answers

Answer: Differential cost is $5 per unit

Explanation:

Differential cost is the extra cost that the company would incur if they made the product themselves versus if they bought it from an outside supplier.

Differential cost is therefore:

= Cost to produce internally - Cost from supplier

= 23 - 18

= $5

likely

Which of the following considerations is related to sociocultural environment

Answers

Answer:

You didn't provide anything for me to choose from, so I can't give you an answer.

Carnelian Company sells bicycles at $200 each. Variable cost per unit is $160, and total fixed cost is $120,600. Calculate the sales that Carnelian must make to earn an operating income of $21,500. a. $238,833.
b. $716,500.
c. $243,800.
d. $626,000.

Answers

Answer:

Carnelian Company

The sales that Carnelian must make to earn an operating income of $21,500 is:

= $710,500.

Explanation:

a) Data and Calculations:

Selling price per bicycle = $200

Variable cost per unit = $160

Contribution margin per unit = $40 ($200 - $160)

Contribution margin percentage = $40/$200 * 100 = 20%

Fixed cost = $120,600

Target operating income = $21,500

Sales in dollars to earn target operating income = (Fixed cost + Target Income)/Contribution margin ratio

= $120,600 + $21,500/20%

= $142,100/0.2

= $710,500

You are considering two mutually exclusive projects. Project A costs $3.6 million, has a required return of 14.5 percent, and an IRR of 14.3 percent. Project B costs $4.1 million, has a required return of 16 percent, and an IRR of 15.6 percent. Which project(s) should be accepted

Answers

Answer:

Neither

Explanation:

The internal rate of return is a capital budgeting method that is used to determine the profitability of a project.

Internal rate of return is the discount rate that equates the after-tax cash flows from an investment to the amount invested

The decision rule when using the internal rate of return is to undertake the project if the internal rate of return is greater than the required return of the project. If this is not met, the project should be rejected.

If choosing between multiple projects, the decision rule is to choose the projects with the highest internal rate of return. This is because that project would be the most profitable.

Neither of the project should be selected because the IRR of both projects is less than their required returns

83) Suppose in the United States, the opportunity cost of producing a motor engine is 4 auto bodies. In Canada, the opportunity cost of producing a motor engine is 2 auto bodies. a. What is the opportunity cost of producing an auto body for the United States

Answers

Answer:

Opportunity cost = 0.25 motor engine

Explanation:

Below is the given value:

In the U.S. ,Opportunity cost of 1 motor engine = 4 auto bodies

In the Canada, Opportunity cost 1 motor engine = 2 auto bodies  

Below is the calculation for opportunity cost pf 1 auto body in the U.S.

Opportunity cost = Motor engine / Auto body

Opportunity cost = 1 / 4  

Opportunity cost = 0.25 motor engine

Loger's, a high-end apparel company in Bruslon, an Asian country, cuts back on production as consumers start turning to basic products such as food because of the economic downturn in the country. The company also lays off many of its employees to further cut down expenses. In the context of the business cycle, Bruslon is most likely going through a period of _____.
a. economic expansionb. economic integration
c. economic recovery
d. economic contraction

Answers

Answer:

d. economic contraction

Explanation:

Contraction is in economics means it is business cycle phase where the overall economu should be fall. Also the contraction should arise when the cycle of the business is in peak but it should be prior to became as a trough

So at the time of economic contraction, the company normally took the measures of the cost cutting

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

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