Answer:
Unit cost = $23
Explanation:
Given the data:[[@[TAG_12]]][[@[TAG_13]]][[@[TAG_14]]][[@[TAG_15]]][[@[TAG_16]]][[@[TAG_17]]][[@[TAG_18]]][[@[TAG_19]]][[@[TAG_20]]][[@[TAG_21]]][[@[TAG_22]]][[@[TAG_24]]][[@[TAG_25]]][[@[TAG_26]]][[@[TAG_27]]][[@[TAG_28]]][[@[TAG_29]]][[@[TAG_30]]][[@[TAG_31]]][[@[TAG_32]]][[@[TAG_33]]][[@[TAG_34]]][[@[TAG_35]]][[@[TAG_36]]][[@[TAG_37]]][[@[TAG_38]]](Direct materials = $10 per unit
Direct labor = $6 per unit
Variable overhead = $70,000
Units produced = 10,000
Utilizing variable costing, unit production costs encompass direct material, direct labor, and variable overhead costs per unit.
Firstly, we calculate the variable overhead per unit:
[[TAG_59]][[TAG_60]][[TAG_61]][[TAG_62]]Variable overhead per unit = 70,000 / 10,000 = $7[[TAG_63]][[TAG_64]]Now, we compute the total unit cost:[[TAG_65]][[TAG_66]][[TAG_67]][[TAG_68]][[TAG_69]][[TAG_70]]Unit cost = direct material + direct labor + variable overhead per unit[[TAG_71]][[TAG_72]][[TAG_73]]Unit cost = 10 + 6 + 7 = $23[[TAG_74]]
Answer:
The likelihood that neither of the stocks will rise is 0.14.
Explanation:
According to the Complement Rule, the combined probabilities of an event and its complement total 1.
Given the probabilities of Stock A or B increasing, to find the likelihood that neither will happen, we need to consider their complements.
The complement for Stock A =1-0.54=0.46
The complement for Stock B =1-0.68=0.32
To calculate the probability of both events not occurring, we multiply these complements.
The probability that neither of these two events occurs is 0.46 x 0.32 = 0.1472
Answer: Missionary marketing involves indirect sales techniques where the salesperson provides product information and seeks to sway purchasing decisions.
Explanation: This approach is aimed at persuading individuals who are unfamiliar with the product or have yet to use it. The primary focus is to influence rather than conduct immediate sales. The salesperson is referred to as a Detailer, and Tender Love employs this marketing method in their strategy.
When both cohesiveness and performance norms are elevated, productivity also tends to be high. Explanation: This statement holds true regarding the relation between group cohesiveness and the standards of performance on productivity. Cohesiveness is a defining aspect that influences group dynamics and is significant from a behavioral standpoint. It refers to the extent of attraction and commitment of group members to one another and their desire to remain part of the group. Cohesiveness illustrates how closely members feel connected to the group, based on the level of camaraderie among them. The greater the cohesiveness, the more members influence one another to conform to group standards, ultimately reflecting how individuals identify with the group.
Answer:The marginal propensity to consume (MPC) is 0.65
The multiplier or k = 2.85714 rounded to 2.86
Explanation:
The MPC pertains to the fraction of additional disposable income that consumers choose to spend. It is used to gauge the consumption increase driven by rising income.
MPC can be calculated as follows,
MPC = Change in consumption / change in income
MPC = 0.65 / 1
MPC = 0.65
To derive the multiplier, we apply this formula,
Multiplier or k = 1 / (1 - MPC)
k = 1 / (1 - 0.65)
k = 2.85714 rounded to 2.86
