In Myanmar, five laborers, each making the equivalent of $2.50 per day, can produce 40 units per day. In China, ten laborers, each making the equivalent of $2.25 per day, can produce 45 units. In Billings, Montana, four laborers, each making $63.00 per day, can make 100 units. Shipping cost from Myanmar to Denver, Colorado, the final destination, is $1.75 per unit. Shipping cost from China to Denver is $1.20 per unit, while the shipping cost from Billings, Montana to Denver is $0.30 per unit. Based on total costs (labor and transportation) per unit, the most economical location to produce the item is , with a total cost (labor and transportation) per unit of $ (Enter your response rounded to two decimal places.)
Answers
The most economical location to produce the item is Myanmar, with a total cost (labor and transportation) per unit of $0.89 (rounded to two decimal places).
Here is the calculation:
Myanmar:
Labor cost per unit = ($2.50/day * 5 laborers) / 40 units = $0.3125 per unit
Shipping cost per unit = $1.75 per unit
Total cost per unit = $0.3125 + $1.75 = $2.0625
China:
Labor cost per unit = ($2.25/day * 10 laborers) / 45 units = $0.5333 per unit
Shipping cost per unit = $1.20 per unit
Total cost per unit = $0.5333 + $1.20 = $1.7333
Billings, Montana:
Labor cost per unit = ($63.00/day * 4 laborers) / 100 units = $2.52 per unit
Shipping cost per unit = $0.30 per unit
Total cost per unit = $2.52 + $0.30 = $2.82
As you can see, the total cost per unit in Myanmar is lower than the total cost per unit in China or Billings, Montana. Therefore, Myanmar is the most economical location to produce the item.
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Related Questions
Which type of chart or graph shows data with distinct x and y values?
O a bar graph
O a scatter plot
O a line chart
O a pie chart
Answers
Answer:
A. a bar graph is the answer
Jerome Garcia started a new business and completed these transactions during August:
1 Garcia invested P48,000 cash in the business.
1 Rented office space and paid P800 cash for the August rent.
3 Purchased exploration equipment for P22,000 by paying P12,000 cash and agreeing to pay the balance in 3 months.
5 Purchased office supplies by paying P1,500 cash.
15 Completed exploration work and immediately collected P420 cash for the work
8 Purchased P1,350 of office equipment on credit.
15 Completed exploration work on credit in the amount of P8,000.
18 Purchased P700 of office supplies on credit.
20 Paid cash for the office equipment purchased on August 8.
24 Billed a client P2,400 for work completed; the balance is due in 30 days.
28 Received P5,000 cash for the work completed on August 15.
30 Paid the assistant’s salary of P1,100 cash for this month.
30 Paid P340 cash for this month’s utility bill.
30 Garcia withdrew P1,050 cash from the business for personal use.
Required
1. Arrange the following asset, liabilility , and equility titles in a table: Cash: Accounts Receivable: Office Supplies: Exploration Equipment: Accounts Payable: Jerome Garcia: Capital: Jerome Garcia: Withdrawals: Revenues: and Expenses.
2. Use additions and subtractions to show the effects of each transaction on the accounts in the accounting equation. Show new balances after each transaction.
Answers
Answer:
im not sure but i think it was 800,00
Explanation:
A basic tool of accounting is the accounting equation. Here, the assets should always be equal to the liabilities and capital.
What is Accounting Equation?
This equation represents resources controlled by the business's current business liability and residual interest in ownership of assets.
It says assets should always be equal to liabilities and capital.
Assets = Liabilities + Capital
The calculation of the assets, liabilities and capital are shown in the image below:
Hence, refer to the image below to see the accounting equation with the given below information.
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How can the adoption of commercial digital applications in
health care be fairly described?
a. Very weak
b. Strong in some areas
c. Nearly universal
d. Best in areas for cost savings
Answers
The adoption of commercial digital applications in health care can be fairly described as "strong in some areas." There are numerous areas in healthcare where digital applications are making progress and providing services to both clinicians and patients.
In recent years, advances in computing technologies and healthcare have resulted in the development of a large variety of digital health applications.Digital health refers to the utilization of digital technologies for healthcare. It involves the use of a range of technologies, including wearables, mobile health applications.
telemedicine, and remote monitoring systems. Digital healthcare is intended to improve patient care and outcomes while also making healthcare more accessible and cost-effective. It may enable patients to better engage with their healthcare providers and contribute to their health information.
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Unlike a limited partnership, a general partnership has which of the following?
O A. An unlimited number of partners.
B. Option to declare bankruptcy without penalty.
C. Unlimited liability for all partners.
D. Stockholders and a board of directors.
Answers
Answer:
C. Unlimited liability for all partners.
Explanation:
A general partner has unlimited liability to the debts of the business. It follows that in a general partnership business, all partners will have unlimited liability to business debts.
A general partnership is not a separate entity from its owners. Assets and liabilities of the business will be treated as those of the partners. Should the business fail in paying its debts, the partners' personal properties may be sold to clear the debts.
Find the area of a rectangle with the length measuring 8 km and the width measuring 5 km.
A. 26 m2
B. 40 m2
C. 40 km2
D. 26 km2
Answers
Answer:
The answer is C. 40 km^2
8km*5km = 40
A = L*W
L = 8 km
W = 5 km
Read the stage direction: As the first of the mob reaches the bottom steps. The screen door opens and Goodman comes out, a man in his early forties who first greets them smiling and then letting the smile fade as he sees the faces. Based on the stage direction, what should the reader visualize? *
a group of people calmly approaching Goodman’s home
a group of confused people rushing to safety at Goodman’s home
a group of angry people approaching Goodman’s home
a group of people rushing to save Goodman from the outage
Answers
Answer:
C.
Explanation:
A group of angry people. L(-_-)\
\
Answer:c lol angry people
Explanation:
If a U.S. firm desires to avoid the risk from exchange rate fluctuations, and it is receiving 100,000 in 90 days, it could:___________.
a. obtain a 90-day forward purchase contract on euros.
b. sell euros 90 days from now at the spot rate.
c. obtain a 90-day forward sale contract on euros.
d. purchase euros 90 days from now at the spot rate.
Answers
A 90-day forward-sale purchase contract will help to reduce or eliminate the risk facing the U.S. Firm.
What is a Forward sale Contract?This refers to a special contract between two parties to purchase or sell an asset at an agreed price on a future date.
The fact that the price has been set and agreed upon protects the parties from fluctuations, which in this case, is exchange rate risks.
The correct answer, thus, is A.
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fees for service are determined by which of the following?
Each bank
Each transaction
Each customer
Each branch of bank
Answers
Answer:
Each bank
Explanation:
Banks offer various types of services to customers such as funds transfers, check clearance, foreign exchange, among many others. Since the services are offered by the bank, it is the bank that charges the service fees. The banks also determine the amount of fees to charge per service.
Typically, a bank will apply uniform charges across all its branches. The charges for different services are determined by the bank's top management and apply to all its branches in a country.
what does it mean to “reposition” a brand ?
Answers
Which of the following ratios shows the relationship between debt and net worth?
A. Debt ratio
B. Current ratio
C. Household ratio
D. Debt payments ratio
E. Savings ratio
Answers
Debt ratio shows the relationship between debt and net worth.
Debt ratio is a financial ratio that measures the proportion of total liabilities to total assets. It shows the percentage of a company's financing that comes from debt, as opposed to equity. It is calculated by dividing total liabilities by total assets. A higher debt ratio indicates that a company has more debt relative to its assets, and therefore may be considered riskier. A lower debt ratio indicates that a company has more equity relative to its assets, and therefore may be considered safer. The debt ratio is one of several ratios used by analysts and investors to evaluate a company's financial health and risk level.
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Which of the following are automatically withheld from paychecks?
Answers
which grocery store food stores use vegetable and fruit plastic bags that are bpi certified compostable?
Answers
Trader Joe’s is the grocery and food store that use vegetable and fruit plastic bags, which are completely safe and are BPI certified as well as compostable.
Compostable goods can be referred to or considered as the goods that are easily able to be bio-degraded in such a way that the damage caused to the environment is minimized. And at the same time, is also not harmful for health-related concerns.
Usually, plastic bags are used by grocery stores for storing and packaging their fruits and vegetables. However, some stores use compostable plastic bags, thereby maximum benefits of the compostable goods.
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typically, newsletters are cheaper to produce than ____.
Answers
Typically, newsletters are cheaper to produce than magazines.
Newsletters are often smaller in size, have simpler layouts, and require fewer production resources compared to magazines.
They are usually produced in-house or by small organizations and serve as a means of communication to a specific target audience. Newsletters are typically printed on lower-cost paper, have fewer pages, and require less complex printing processes.
On the other hand, magazines are typically larger in size, have more intricate designs, contain a higher number of pages, and often feature higher-quality paper and printing techniques. Magazines are often produced by larger publishing companies and may involve more extensive content creation, editorial work, and distribution efforts.
Due to these differences in size, design complexity, production resources, and distribution scale, newsletters tend to be less expensive to produce compared to magazines.
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.What the downside to over estimating project costs?
Provide an example of how ignoring or failing to effectively communicate or engage a stakeholder might put a project at risk.
Answers
The disadvantage of overestimating project expenses is that it might result in poor resource allocation and needless budget allocation. Overestimation of project costs can result in inflated budget requirements, which indicate that more cash is allocated than necessary.
This might result in financial waste and impair the organization's capacity to efficiently allocate resources to other projects or activities. Overestimation of project costs can also affect decision-making and project planning. If project costs are greatly overstated, it may result in conservative decision-making in which prospective opportunities or innovative solutions are neglected due to perceived high prices. It may impede the project's ability to develop and progress..
Ignoring or failing to effectively communicate or engage a stakeholder can put a project at risk in several ways. For example, if a key stakeholder is not consulted or informed about a change in project scope, they may become unhappy and withdraw their support. This can result in delays, increased costs, and ultimately, the failure of the project. Additionally, if stakeholders are not engaged throughout the project, they may not feel invested in its success and may not provide the necessary support and resources. This can lead to a lack of motivation among team members and a failure to achieve project goals
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Porter+inc's+stock+has+an+expected+return+of+12. 25%,+a+beta+of+1. 25,+and+is+in+equilibrium. +if+the+risk-free+rate+is+5. 00%,+what+is+the+market+risk+premium?.
Answers
Answer: h,m can you form the formula
Explanation:
A capital projects fund for a new city courthouse recorded a receivable of $300,000 for a state grant and a $450,000 transfer from the general fund. What amount should be reported as revenue by the capital projects fund
Answers
Answer:
$300,000
Explanation:
The grant of $300,000 happens not to have any restrictions mentioned alongside it in the question and as such will be declared or reported as revenue as an unrestricted grant. This is acceptable by the Governmental Accounting Standards Board, GASB.
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Art teacher Monica earns time and a half for the number of hours she works over 40 hours. One week she worked 48 hours. How many hours of overtime did she work?
Answers
Answer:
8 hours
Explanation:
Here, we want to know the number of overtime hours worked.
From the question, we are told that the pay is slightly different and higher if she worked for some hours over 40 hours
What this means is that the regular number of hours is 40; then the number of hours in this case 8 over 40 is her over time
Which of the following accounts would normally have a credit balance and appear in the balance sheet?
A. Dividends.
B. Salary expense.
C. Revenue.
D. Uneamed revenue.
E. Accounts receivable.
Answers
The account that contains a normal credit balance & the same appears in the balance sheet is unearned revenue.
The following information is relevant:
The dividend contains the normal debit balance and the same is to be shown under the stockholder equity statement.The salary expense is to be shown under the income statement and contains a normal debit balance.The revenue is to be shown under the income statement & contains a normal credit balance.Unearned revenue is a liability account and contains a normal credit balance. Also, it is to be shown under the balance sheet.The account receivable is an asset account & it contains a normal debit balance. Also, it is to be shown under the balance sheet.Therefore we can conclude that the account that contains a normal credit balance & the same appears in the balance sheet is unearned revenue.
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19. 14 oz of gold equals how much in dollars.
Answers
Answer:
14 Troy Ounces of Gold is Worth
U.S. dollars (USD) 24,984
Euros (EUR) 22,105
British pounds (GBP) 18,756
Explanation:
How much is an ounce of 14 gold?
Image result for price of gold 14oz
The current stock price for pure gold (. 999 gold) per ounce is $1786.69. That means that one ounce of 14K gold is worth $1046.26.
...............................................................................................................................................
Is Gold a Good Store of Value?
For long periods of time, yes, gold is an excellent store of value.
Until 1971, the U.S. was on the gold standard. This meant that the price of gold was fixed at $35 per troy ounce. Since that time however, the price of gold has increased by about 8% per year, more than twice the rate of inflation, and much more than bank interest rates.
This doesn't mean that there haven't been ups and downs. Between 1980–2000, the price of gold declined considerably.
However, with governments printing more and more money due to the coronavirus and pension crises, it seems likely that gold will continue to hold its value well.
...............................................................................................................................................
Troy Ounces USD Value
14.00 $24,984
14.01 $25,001
14.02 $25,019
14.03 $25,037
14.04 $25,055
14.05 $25,073
14.06 $25,091
14.07 $25,108
14.08 $25,126
14.09 $25,144
14.10 $25,162
14.11 $25,180
14.12 $25,198
14.13 $25,216
14.14 $25,233
14.15 $25,251
14.16 $25,269
14.17 $25,287
14.18 $25,305
14.19 $25,323
14.20 $25,340
14.21 $25,358
14.22 $25,376
14.23 $25,394
14.24 $25,412
Troy Ounces USD Value
14.25 $25,430
14.26 $25,448
14.27 $25,465
14.28 $25,483
14.29 $25,501
14.30 $25,519
14.31 $25,537
14.32 $25,555
14.33 $25,572
14.34 $25,590
14.35 $25,608
14.36 $25,626
14.37 $25,644
14.38 $25,662
14.39 $25,680
14.40 $25,697
14.41 $25,715
14.42 $25,733
14.43 $25,751
14.44 $25,769
14.45 $25,787
14.46 $25,804
14.47 $25,822
14.48 $25,840
14.49 $25,858
Troy Ounces USD Value
14.50 $25,876
14.51 $25,894
14.52 $25,912
14.53 $25,929
14.54 $25,947
14.55 $25,965
14.56 $25,983
14.57 $26,001
14.58 $26,019
14.59 $26,036
14.60 $26,054
14.61 $26,072
14.62 $26,090
14.63 $26,108
14.64 $26,126
14.65 $26,144
14.66 $26,161
14.67 $26,179
14.68 $26,197
14.69 $26,215
14.70 $26,233
14.71 $26,251
14.72 $26,268
14.73 $26,286
14.74 $26,304
Troy Ounces USD Value
14.75 $26,322
14.76 $26,340
14.77 $26,358
14.78 $26,376
14.79 $26,393
14.80 $26,411
14.81 $26,429
14.82 $26,447
14.83 $26,465
14.84 $26,483
14.85 $26,500
14.86 $26,518
14.87 $26,536
14.88 $26,554
14.89 $26,572
14.90 $26,590
14.91 $26,607
14.92 $26,625
14.93 $26,643
14.94 $26,661
14.95 $26,679
14.96 $26,697
14.97 $26,715
14.98 $26,732
14.99 $26,750
Podunk tech university's office of student affairs would like to estimate the proportion of podunk tech's students who have smoked marijuana in the past month. the office of student affairs would like to estimate the population proportion p to within .04 with 95% confidence.
Answers
Answer:
600
Explanation:
Requirement "What sample size is required if the Office of Student Affairs has no knowledge of the approximate value of p? (Round your answer up to the next largest integer)."
Margin of error, m = 0.04
Confidence level, 1-∝=0.95
Assume that p = 0.5 as proportion is not given.
At 95% confidence(∝=0.05). the tabulated value from the z-table is 1.96
n = p(1-p)[z∝/m]^2
n = (0.5)(1-0.5)[1.96/0.04]^2
n = (0.5)(0.5)(2401)
n = 600.25
n = 600
So, the required samplesize would be 600
Which economic effect does a central bank hope to achieve by buying back large amounts of treasury security
Answers
A. It hopes to reduce the amount of money available for lending.
Explanation:
Usually, the central bank(Federal reserve) control the supply of money in circulation in the economy so that the nation's economy would be healthy. One of the ways through which the federal reserve controls the quantity of money in circulation is by selling or purchasing of government securities through a process known as open market operation.
If the federal reserve sells government securities such as treasury bills, in large quantities, its aim is to reduce the amount or quantity of money available to commercial banks for lending, hence mop up the quantity of money in circulation.
Also, if the federal reserve buys government securities, its aim is to make more money available in large quantities to commercial banks and other institutions, hence have more cash to lend people.
The economic effect that central bank are trying to effect by the process of buying back large amounts of treasury security is bring reduction to amount of money available for lending.
Treasury notes as well as bonds are securities that brings about payment of fixed rate of interest which is usually done every six months till the security reach a stage of maturity.The central bank do buy large amounts of treasury security so that the money that can be available for lending can be reduced.Therefore, this process are put in place to balance the economy.
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What are the key elements of structured thinking? Select all that apply.
-Organizing available information
-Implementing a solution
-Recognizing the current problem or situation
-Revealing gaps and opportunities in order to identify the options
Unlocked badge showing an astronaut’s boot touching down on the moon
See what the community says and unlock a badge.
Answers
The key elements of structured thinking include:
Organizing available information
Recognizing the current problem or situation
Revealing gaps and opportunities in order to identify options
Structured thinking involves systematically analyzing and organizing information to gain a clear understanding of a problem or situation.
It helps to identify the relevant factors, consider different perspectives, and determine the best course of action. Implementing a solution, while important, is not considered a key element of structured thinking as it falls more under the realm of execution rather than the thought process itself. The mention of an unlocked badge and community opinion is unrelated to the key elements of structured thinking.
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(b) Explain why employers often employ young females instead of young males
2x2
Answers
women are also very hardworking
Dividing up the market by how much a consumer uses a product or service is called?
Answers
Answer:
benefit segmentation (behavioral segmentation) dividing the market into segments according to the different benefits that consumers seek from the product.
Explanation:
You have set a goal of saving $4,000 every year, beginning the year you finish school and start working and lasting until you retire. You are considering these three investment instruments: an IRA, stocks, and certificates of deposit. Which will likely produce the best long-term returns? Explain your answer.
Answers
Answer:
IRA ( Individual retirement account)
Explanation:
An IRA is a type of account set up purposely to encourage savings towards retirement , and as a result some benefits are inculcated into it.
One key advantage of IRA over the other options of savings is that it has a higher rate compared to the certificate of deposit , meanwhile the effect of the macro economic factors on the stocks could lead to its instability . This interest can even be be compounded over the savings period , yielding a cumulatively higher interest.
Another benefit of IRA is that the interest earned until retirement are exempted from taxes.
a firm is thinking of hiring an additional worker to their organization who can increase total productivity by 100 units a week. the cost of hiring him is $1,500 per week. if the price of each unit is $12, a. the mr of hiring the worker is $1,500 b. the mc of hiring the worker is $1,200 c. the firm should not hire the worker since mr < mc d. all the above
Answers
The firm should not hire worker since MR < MC can increase the total productivity by 100 units week.
What is productivity?Productivity is a measure of how efficiently anything is produced, whether it be a good or a service. The most prevalent instance is that of the (aggregate) labour productivity index, with GDP per worker as one example. The decision between them depends on the goal of the productivity assessment and/or the availability of data. There are many various definitions of productivity (including some that are not specified as ratios of output to input). When determining a ratio-type measure of productivity, the major source of variation between different productivity measures is frequently tied (directly or indirectly) to how the outputs and inputs are combined. The production performance of businesses and countries is greatly influenced by productivity. Increasing productivity can also aid firms in making more money.
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The following is the trial balance of kencho sales located in Tabs, Thimphu as on 31st December 2019.You are required to prepare financial statements as at 31st December 2019.
Answers
The recommended questions when finding root causes of an accident consists of the following EXCEPT. A. What caused the workers' behaviour that contribute to the accident? B. Why cannot the workers think and are so careless in doing his job? C. Why was the work condition not checked and corrected earlier? D. Why the equipment used was not checked and maintained?
Answers
The recommended questions when finding root causes of an accident consists is except why cannot the workers think and are so careless in doing his job?. Option b is correct.
An accident is an unplanned event or occurrence that occurs, resulting in death or injury to people, damage to the environment, and damage to equipment or materials. The root cause of an accident is the main reason why an accident occurred. Identifying the root cause of an accident can help prevent it from happening again.
The recommended questions when finding root causes of an accident consists of the following:
What happened?What was the cause?What could be done to prevent it from happening again?Why the equipment used was not checked and maintained?What caused the workers' behavior that contributed to the accident?Why was the work condition not checked and corrected earlier?Therefore, b is correct.
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one joint of marijuana impairs a person more than having a blood alcohol content of _____ %.
Answers
hope this helps
One joint of marijuana impairs a person more than having a blood alcohol content of 0.1%.
What do you mean by blood alcohol content?A blood alcohol content (BAC) of 0.1% indicates that your blood contains 0.1% alcohol by volume. BAC is a measure of alcohol in the blood as a percentage. More harm can be done by one joint of marijuana than by 0.1% of alcohol.
Marijuana is a drug made from the marijuana plant. It can be used as a recreational drug and is a component of many medicines. It can speed up heartbeat, induce anxiety, and result in hallucinations.
Joint is a rolled cannabis cigarette
The most passionate debates over medicinal marijuana center not on its efficacy in treating patients' illnesses but rather on its potential for harm to both individuals and society as a whole.
This chapter first looks at the scientific evidence that users of marijuana suffer both bodily and psychological harm. Then it takes into account any possible social repercussions of approving marijuana use for medical purposes.
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Assume there are external benefits associated with the production of Good X. Without government regulation, the market will: produce too much of Good X. produce too much of Good X. price Good X less than the marginal social cost. price Good X less than the marginal social cost. produce too little of Good X. produce too little of Good X. price Good X greater than the marginal cost. price Good X greater than the marginal cost.
Answers
Answer:
produce too little of Good X. produce too little of Good X.
Explanation:
A good has positive externality if the benefits to third parties not involved in production is greater than the cost. an example of an activity that generates positive externality is research and development. Due to the high cost of R & D, they are usually under-produced. Government can encourage the production of activities that generate positive externality by granting subsidies.
A good has negative externality if the costs to third parties not involved in production is greater than the benefits. an example of an activity that generates negative externality is pollution. Pollution can be generated at little or no cost, so they are usually overproduced. Government can discourage the production of activities that generate negative externality by taxation. Taxation increases the cost of production and therefore discourages overproduction. Tax levied on externality is known as Pigouvian tax.
Government can regulate the amount of externality produced by placing an upper limit on the amount of negative externality permissible