Answer:
$1,730
Explanation:
Currently, the job order contains the following costs:
- Direct materials $480
- Direct labor $150
- Manufacturing overhead $600 (or $4 per $1 of direct labor)
Since the manufacturing process still requires $100 more of direct labor, it should also require $400 more of overhead costs. So the total cost of the job order will be:
($480 + $150 + $600) + ($100 + $400) = $1,730
Answer: Shipper A with 100.50 rate per day
Explanation: To find the best shipping option, we have to calculate the average cost per shipper.
Shipper A: Shipper B:
2-day rate = $526 2-day rate = $532
3-day rate = $470 4-day rate = $459
9-day rate=$411 7-day rate = $412
Average rate per day Average rate per day
= 526+470+411 =532+459+412
=1407/14days =1403/13days
=100.50 =107.92
From the above calculation, holding cost for shipper A= 100.50*0.34=34.17 while holding cost for shipper B= 107.92*0.34 = 36.69
From the above calculation shipper A will be preferred as it has the lowest price per unit and holding cost.
<span>THE EFFICIENT ALLOCATION OF LIMITED RESOURCES MOSTLY BEING FACTORS OF PRODUCTION TO COMPLETE A TASK. SO ALLOCATION EFFICIENCY PLAYS A VITAL ROLE TO ACHIEVE AND BY EQUALIZING CONSUMER SURPLUS AND PRODUCER SURPLUS . IT IS TRUE THAT ALLOCATION EFFICIENCY IS ACHIEVED BY EQUALIZING CONSUMER SURPLUS AND PRODUCER SURPLUS.</span>
<span>The permanent school fund is managed primarily by what entity? The state and board of education. The state will determine what schools receive funding based on different attributes that each have. Depending on the size of the school, student body and teachers, the programs the school has and where the money is needed (possible expansions) allows for funding to be dispersed appropriately. </span>