Acompany is setting its direct materials and direct labor standards for its leading product. direct materials cost from the supplier are $8 per square foot, net of purchase discount. freight-in amounts to $0.10 per square foot. basic wages of the assembly line personnel are $18 per hour. payroll taxes are approximately 25% of wages. benefits amount to $4 per hour. how much is the direct materials cost standard per square foot?

What is the most important type of decision that the financial manager makes?

What cylinder head operation is the technician performing in this figure?

Consider the market for gasoline. suppose that, in a competitive market without government regulations, the equilibrium price of gasoline is $3.00 per gallon, and employees at gas stations earn $17.50 per hour. complete the following table by indicating whether each of the statements is an example of a price ceiling or a price floor and whether it results in a shortage or a surplus or has no effect on the price and quantity that prevail in the market. statement price control effect the government has instituted a legal minimum price of $3.40 per gallon for gasoline. the government prohibits gas stations from selling gasoline for more than $3.40 per gallon. due to new regulations, gas stations that would like to pay better wages in order to hire more workers are prohibited from paying more than $14.50 per hour.