The owen’s company budgeted sales of 45,000 printers at $95 per unit last year. variable manufacturing costs were budgeted at $42 per unit, and fixed manufacturing costs at $10 per unit. a special order for 1,500 printers at $75 each was received by owens in april. there is enough plant capacity to meet these additional units; however, the production would have to be done on an overtime basis at an estimated additional cost of $7 per printer. acceptance of the special order would not affect owen’s normal sales and no selling expenses would be incurred. what would be the increase (or decrease) to net operating income if the special order were accepted
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Business, 21.06.2019 23:00, alexis3060
Ajustification for job training programs is that they improve worker productivity. suppose that you are asked to evaluate whether more job training makes workers more productive. however, rather than having data on individual workers, you have access to data on manufacturing firms in ohio. in particu- lar, for each firm, you have information on hours of job training per worker (training) and number of nondefective items produced per worker hour (output). (i) carefully state the ceteris paribus thought experiment underlying this policy question. (ii) does it seem likely that a firm’s decision to train its workers will be independent of worker characteristics? what are some of those measurable and unmeasurable worker characteristics? (iii) name a factor other than worker characteristics that can affect worker productivity. (iv) if you find a positive correlation between output and training, would you have convincingly established that job training makes workers more productive? explain.
Answers: 2
Business, 23.06.2019 02:50, shay03littletop5kx2p
In the market for lock washers, a perfectly competitive market, the current equilibrium price is $5 per box. washer king, one of the many producers of washers, has a daily short-run total cost given by tc = 190 + 0.20q + 0.0025q2, where q measures boxes of washers. washer king's corresponding marginal cost is mc = 0.20 + 0.005q. how many boxes of washers should washer king produce per day to maximize profit?
Answers: 1
The owen’s company budgeted sales of 45,000 printers at $95 per unit last year. variable manufacturi...
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