To find the marginal cost of producing an iPhone supplier for Apple, we need to calculate the derivative of the cost function C(A) with respect to X.
Given that the cost function is C(A) = 4X², we differentiate it with respect to X:
dC(A)/dX = d(4X²)/dX
To differentiate 4X², we use the power rule of differentiation, which states that for a function f(X) = X^n, the derivative is f'(X) = nX^(n-1).
Applying the power rule, we get:
dC(A)/dX = 2 * 4X²⁻¹
Simplifying, we have:
dC(A)/dX = 8X
Therefore, the marginal cost of producing an iPhone supplier for Apple is 8X.
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The workplace has been on track towards digital transformation for years , but the covid-19 pandemic pushed companies to move to online communications. do you think companies will go back to traditional ways of communicating as global covid-19 cases keep dropping or will digital communication be maintained? support your answer with relevant evidence from research and examples.
No, The companies will not go back to traditional ways of communicating even though global covid-19 cases keep dropping. Yes, digital communication will be maintained.
Data communication, often known as digital communications, is the transfer and reception of data across a point-to-point or point-to-multipoint communication channel in the form of a digital bitstream or a digitized analog signal.
The messages produced by the source—which are typically in analog form—are transformed into digital format in a digital communication system before being transferred. The received digital data is transformed back to analog form at the receiving end, roughly reproducing the original message. Communication is more crucial than ever in today's digital environment. Digital communication has several advantages, including the capacity to interact with individuals from all over the world and the capacity to communicate more effectively and efficiently.
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Brier Company, manufacturer of car seat covers, provided the following standard costs for its product:
Inputs Standard Quantity Standard Cost Standard Cost Per Unit
Direct Material 7.1 pounds 5 per pound 35.50
Direct labour 0.8 hours 17 per hour 13.60
Variable Overhead 0.8 hours 7 per hour 5.60
The company reported the following in 2022 May:
Original budgeted output 4 700 units
Actual output 4 500 units
Actual direct labour hours 3 610 hours
Actual cost of direct labour $65 341
Purchases of raw materials 36 500 pounds
Actual price paid for raw materials $186 150
Raw materials used 34 150 pounds
Actual variable overhead cost $24 909
Variable overhead is applied on the basis of direct labour hours.
A. Compute the following:
i. Direct materials quantity variance (2 marks)
ii. Direct materials price variance (3 marks)
iii. Direct materials total variance (1 mark)
iv. Direct labour efficiency variance (2 marks)
v. Direct labour rate variance (3 marks)
vi. Direct labour total variance (1 mark)
vii. Variable overhead efficiency variance (2 marks)
viii. Variable overhead rate variance (2 marks)
B. State TWO (2) benefits of standard costing. (2 marks)
C. What are TWO (2) limitations of standard costing? (2 marks)
The following are some typical costing limitations:
If standard expenses are not used to enhance the production process, setting them can be time-consuming and costly.A focus on variations that is too intense might result in subpar quality control.A. Computation:
i. Direct materials quantity variance:
Direct materials quantity variance = Standard Quantity × (Actual Price - Standard Price)
Quantity Variance = 34,150 pounds × ($5.45 - $5.00) = $1,522.50
ii. Direct materials price variance:
Direct materials price variance = Actual Quantity × (Actual Price - Standard Price)
Price Variance = 36,500 pounds × ($5.45 - $5.00) = $16,425.00
iii. Direct materials total variance:
Direct materials total variance = Direct materials quantity variance + Direct materials price variance
Total variance = $1,522.50 + $16,425.00 = $17,947.50
iv. Direct labour efficiency variance:
Direct labour efficiency variance = Standard Rate × (Actual Hours - Standard Hours)
Efficiency Variance = $17.00 × (3,610 hours - 3,600 hours) = $170.00
v. Direct labour rate variance:
Direct labour rate variance = Actual Hours × (Actual Rate - Standard Rate)
Rate Variance = 3,610 hours × ($17.00 - $17.00) = $0.00
vi. Direct labour total variance:
Direct labour total variance = Direct labour efficiency variance + Direct labour rate variance
Total Variance = $170.00 + $0.00 = $170.00
vii. Variable overhead efficiency variance:
Variable overhead efficiency variance = Standard Variable Overhead Rate × (Actual Hours - Standard Hours)
Variable Overhead Efficiency Variance = $7.00 × (3,610 hours - 3,760 hours) = ($1,050.00)
viii. Variable overhead rate variance:
Variable overhead rate variance = Actual Hours × (Actual Rate - Standard Rate)
Variable overhead rate variance = 3,610 hours × ($6.80 - $7.00) = ($722.00)
B. Benefits of standard costing are as follows:
It helps to forecast future production and sales by setting targets and tracking progress towards those targets.
It aids in the identification of cost inefficiencies and the optimization of production processes.
C. Limitations of standard costing are as follows:
Setting standard costs can be time-consuming and expensive if they are not used to improve the production process.
Too much attention to the variances can lead to poor quality control.
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Question 10 of 20
Which is an example of a professional interview?
A. Janelle has an interview with the director of a foundation that
offers college scholarships.
B. Marci interviews a city council member about placing new stop
signs in her neighborhood.
C. Pavi interviews the school athletics director about an uptick in
sports injuries.
D. Tasha interviews her grandfather about growing up in a different
country.
Answer: B. Marci interviews a city council member about placing new stop signs in her neighborhood.
Explanation:
because of automation, which component of product cost is declining?
Describe the population distribution in Guyana
[Quality of Services Marketing]
1. Which of the following is an example of a B2B internet service? [Answer: Tech Support]
2. Many companies have sophisticated tracking software [Answer: Critical incident technique]
3. Which of the following is not a characteristic of a service? [Answer: Reliability]
4. What is the encounter between service-consumer that occurs during delivery of the service is known as? [Answer: Experince qualities]
5. Your local credit union offers a variety of services to its members [Answer: Fresh-baked cookies and gourmet cookies]
6. The measure of the difference between a customer's expectation [Answer: Gap analysis]
7. Shepherd University is launching new services to attract more students [Answer: Bachelor's degrees]
8. A large store that sells groceries also has a large pharmaceuticals section with a 24-hour pharmacy. [Answer: Offering free coffee tastings]
9. John always takes his car to the same place for an oil change. [Answer: Augmented]
10. Which of the following is not a service of quality attribute? [Answer: Response qualities]
- You can thank me by thanking my previous answers, would be very appreciated -
All of your answers are correct.
The questions given and their appropriate responses can be seen below:
1. Tech Support is an example of a B2B internet service.
2. Many companies have sophisticated tracking software - Critical incident technique.
3. Reliability is not a characteristic of a service.
4. Experience qualities is the encounter between service-consumer that occurs during delivery of the service
5. Your local credit union offers a variety of services to its members such as Fresh-baked cookies and gourmet cookies.
6. Gap analysis is the measure of the difference between a customer's expectation.
7. Shepherd University is launching new services such as Bachelor's degrees to attract more students.
8. Offering free coffee tastings is a large store that sells groceries also has a large pharmaceuticals section with a 24-hour pharmacy.
9. John always takes his car to the same place for an oil change - Augmented
10. Response qualities is not a service of quality attribute.
What is Service marketing?This is defined as the marketing that businesses that provide a service to their customers use to increase brand awareness and sales.
The answers to the questions given can be seen appropriately given above.
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A profit-maximizing firm in monopolistic competition should shut down in the short run if?
When the price is less than average variable cost, a profit-maximizing firm decides to close down in the short run. Furthermore, if the firm's total revenue is less than variable costs in the short run, the firm should close down.
In long run, a business must make at least normal profit to justify staying in an industry, but in the short run, firm will continue to produce as long as total revenue covers total variable costs or price per unit is greater than or equal to average variable cost (AR = AVC). This referred to as the short-run shutdown price.
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Sean’s mother had to make an emergency purchase of a new tire because her tire went flat while she was traveling to the store. She is not sure how much money she has in her checking account. Which method of payment should she use to be financially responsible?
She should pay by telephone with her debit card.
She should pay with a debit card.
She should pay with a credit card.
She should pay with a check.
Answer:
c. She should pay with a credit card.
Explanation:
Credit cards are basically loans that the banks give to the customer to use and pay back before the due date.
Now if Sean's mother does not know how much money she has, she must use the credit card because to be financially responsible and pay the type services their due amount.
Later she can check her account details and make payments to the bank as per requirement.
Explanation:
The most financially responsible option for Sean's mother would be to pay with a debit card. The correct option is B.
Why debit card is better than cash?You can carry out purchases using a debit card rather than scrambling for cash, looking through your pockets or handbag for exact change, writing a check, or visiting an ATM. It's also more convenient than ever thanks to the increase in companies accepting debit card payments.
This is because a debit card transaction deducts the payment directly from her checking account, so she can only spend the money she actually has available. This can help her avoid overspending or going into debt.
Paying by telephone is also a convenient option, but it is important for Sean's mother to make sure she is using a secure and trusted payment system to protect her personal and financial information.
Using a credit card or writing a check are also options, but they may not be as financially responsible in this situation. With a credit card, Sean's mother would be borrowing money and may incur interest charges if she doesn't pay the balance in full. Writing a check may take longer to process and may not be accepted by all tire shops.
Thus, the ideal selection is option B.
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Which is most likely to happen to consumers with good credit? Check all that apply.
Answer:
They can use credit in emergencies. A form must be filled out when someone is hired for a job to determine how much income tax will be withheld.
Explanation:
Why are wages and salaries generally determined by the market for labor?
According to maximum economics textbooks, our wages and salaries are decided similar to another price: with the aid of using deliver and call for. People deliver their labor, and organizations call for it, growing a marketplace for labor.
Many dealers and shoppers of exertions services. Consequently, salary and salaries are decided by the intersection of the call for exertions and the deliver for exertions. A curve displaying the one-of-a-kind portions of exertions employers are inclined to lease at one-of-a-kind salary quotes in a given time period, ceteris paribus.
Wages are determined via way of means of deliver and demand, however they may be encouraged via way of means of an extensive kind of factors, along with the price of dwelling in a selected area, the presence of a union and the present-day minimal wage.
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Can Some people give me brainliest I'll give ya'll all my points when I see it
Answer:
Explanation: why u delete all your questions that u answered for me?
Recall a time when you encountered someone whose beliefs, attitudes, and values appeared to differ from yours.
2) How did you perceive this person on first meeting him or her?
3) What challenges did you face in trying to find common ground?
4) Would you consider yourself more world-minded after interacting with others from different backgrounds? Explain.
Encountering people with different beliefs, attitudes, and values can be a great learning opportunity. It helps broaden our perspective and make us more world-minded.
Recall a time when you encountered someone whose beliefs, attitudes, and values appeared to differ from yours. I experienced the same situation when I visited Japan on a student exchange program.
I come from a collectivist culture, and the Japanese are also known for their collectivist culture. However, there were a few differences in beliefs, attitudes, and values. I first perceived the people I met on the program as welcoming and hospitable. Although I was a foreigner, they made me feel at home and embraced me with open arms. However, as time went by, I realized that there were significant differences in the way we viewed things. For instance, in my culture, family ties are very strong, and we are obliged to prioritize our family members before anything else. However, I noticed that the Japanese did not share the same sentiments. They believed in putting the society's needs first, and individualism was not something they emphasized. I perceived this as very strange, and I couldn't fathom the idea of not prioritizing one's family. Challenges arose when trying to find common ground, especially when discussing controversial topics. For instance, I noticed that the Japanese were hesitant when discussing sensitive subjects like politics. They were reluctant to express their opinions, and it was hard to tell what they believed in. I found this quite challenging, as I always express my thoughts regardless of the topic. Another challenge was the language barrier. It was difficult to communicate with them, and it became hard to express my views effectively. I would say that the experience made me more world-minded, as I learned about the Japanese culture and how different it is from mine. It made me appreciate diversity and understand that people from different backgrounds have different beliefs, attitudes, and values. Interacting with others from different backgrounds broadened my perspective and made me more open-minded. It made me realize that the world is not one-dimensional, and diversity is something to be embraced. In conclusion, encountering people with different beliefs, attitudes, and values can be a great learning opportunity. It helps broaden our perspective and make us more world-minded.
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If an application asks you to indicate a salary range, you should _____.
write the lowest salary you would agree to
write your dream salary
leave it blank
write "open" or "negotiable"
Answer:
D
Explanation:
Answer:
Write open or negotiable.
Explanation:
What are some physical cues I should look for when carding guests?
Select all that apply and then click Submit.
• Height
• Weight
• Age
• Bone structure
• Gender
• Eye color
Answer:
Our accredited state alcohol training certification courses and food handlers courses help provide best practices and training tips for you to meet state, local, business, and professional needs. Our focus is to help you serve your patrons safely and be a successful bartender or server. Get your alcohol training certification online quickly with our training courses. Choose from the state-level seller-server course, Responsible Alcohol Manager course, Master Bartender course, Food Handler courses, and food manager certification. For bartender training, we have a two-for-one deal with our The Ultimate Guide To Bartending e-book and our Master Bartender course. Together, these provide the best seriously in-depth yet easy-to-follow book and course combination available on your iPhone, Android phone, tablet, or computer. We cover topics in our bartender courses about how to become a bartender, how old you need to be to become a bartender, how much is a bartending license, and how to get your bartender license. For reference, we have a web page dedicated to some helpful bartender career statistics in the US. For general information on obtaining a bartending license (not specific to any state), see our Ultimate Guide to Getting a Bartending License.
The Most Reputable and Recommended Alcohol Training Certification Happy bartender making a cocktail ServingAlcohol. offers the best option to accomplish your online certification. We go beyond the basics of alcohol awareness and carding techniques to deliver everything you need to know as an alcohol seller-server in your state. Over the past 35 years, we have become the most widely respected authority in responsible alcohol training by state and local officials. Our alcohol server certification program prepares alcohol sellers to sell and serve alcoholic drinks on and off-premises responsibly. We offer a wide host of state courses and bundles (combined with food safety handling courses) to suit your employment needs and business operations.
Pls Mark As Brainliest If The Answer Is Correct
Age is a physical cue I should look for when carding guests. Thus option C is correct.
What are physical cues?Use physical clues like examples, eye contact, facial emotions, and hand-over-hand touch. Other cues can be signs, a church bells, or dimmer lights.
State rules and regulations differ when it to requesting IDs, and the FDA also establishes a minimum carding age. Congress enacted laws in December 2019 that set the frisking age at under 30 and increased the legal drinking age from 18 to 21 for all tobacco and vapor products.
While some establishments set its carding practices at a specified age level, others require employees to card ALL clients. In a few years, it's conceivable that all IDs will be scanned prior to the purchase of a time-of-life commodity. Therefore, option C is the correct option.
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biggest transition between school and post school
Critical reading is a
a Theory
b. Process
C. Summarization strategy
d. None of these
Please select the best answer from the choices provided
A
В
C
D
Answer:C
Explanation:
Answer:
The correct answer for this question is B
Cullumber Company has two production departments: Cutting and Assembly. July 1 inventories are Raw Materials $3,528, Work in Process-Cutting $2,436, Work in Process-Assembly $8,904, and Finished Goods $26,040. During July, the following transactions occurred. 1. Purchased $52,500 of raw materials on account. 2. Incurred $50,400 of factory labor. (Credit Wages Payable.) 3. Incurred $58,800 of manufacturing overhead: $33,600 was paid and the remainder is unpaid. 4. Requisitioned materials for Cutting $13,188 and Assembly $7,476. 5. Used factory labor for Cutting $27.720 and Assembly $22,680. 6, Applied overhead at the rate of $18 per machine hour. Machine hours were Cutting 1,412 and Assembly 1.444. 7. Transferred goods costing $56,784 from the Cutting Department to the Assembly Department. 8. . Completed and transferred goods costing $113,316 from Assembly to Finished Goods Inventory. 9. Sold goods costing $126,000 for $168,000 on account. Journalize the transactions. (List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually.) No. Account Titles and Explanation 1. I N 3. Debit Credit 7. 8. 9. (To record the cost of goods sold) (To record the sale) 100 40 ụ 3
Cullumber Company has two production departments Cr. $126,000.
Journalizing the transactions of Cullumber Company
Transaction 1: Purchased raw materials of $52,500 on account. Raw Materials Dr. $52,500Accounts Payable Cr. $52,500
Transaction 2: Incurred $50,400 of factory labor.
Wages Payable Dr. $50,400Factory Labor Cr. $50,400
Transaction 3: Incurred $58,800 of manufacturing overhead; $33,600 was paid and the remainder is unpaid.
Manufacturing Overhead Dr. $58,800Cash Dr. $33,600Accounts Payable Cr. $33,600Accrued Expenses Payable Cr. $25,200Transaction 4: Requisitioned materials for Cutting $13,188 and Assembly $7,476.Raw Materials-Cutting Dr. $13,188Raw Materials-Assembly Dr. $7,476Accounts Payable Cr. $20,664Transaction 5: Used factory labor for Cutting $27.720 and Assembly $22,680.F
actory Labor-Cutting Dr. $27,720Factory Labor-Assembly Dr. $22,680Wages Payable Cr. $50,400Transaction 6: Applied overhead at the rate of $18 per machine hour. Machine hours were Cutting 1,412 and Assembly 1,444.Manufacturing Overhead Dr. $50,832 (1412 + 1444) * $18Work in Process-Cutting Cr. $25,296 (1412 * $18)Work in Process-Assembly Cr. $25,536 (1444 * $18)Transaction 7: Transferred goods costing $56,784 from the Cutting Department to the Assembly Department.Work in Process-Assembly Dr. $56,784Work in Process-Cutting Cr. $56,784Transaction 8: Completed and transferred goods costing $113,316 from Assembly to Finished Goods.Inventory Finished Goods Dr. $113,316Work in Process-Assembly Cr. $113,316Transaction 9: Sold goods costing $126,000 for $168,000 on account.Accounts Receivable Dr. $168,000Sales Cr. $168,000Cost of Goods Sold Dr. $126,000Inventory Finished Goods Cr. $126,000
Note: The numbers in brackets are the balance of the inventory accounts after adjusting for the journal entries. You can calculate the balance of the inventory accounts by adding debits (when applicable) and subtracting credits to the balance at the beginning of the month.
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the monthly salaries of three people working in a small firm are $3,500, $4,000, and $4,500. if instead of a $100 raise, everyone gets 10% raise, how, if at all, would the average of the three salaries change?
The average salary would be affected by $300
The average of salary when increase by $100 each=
=4100+ 3600 + 4600/3
=4100
The average of salary when 10% increased-
For A- 3850
B- 4400
C- 4950
Average= 3850 + 4400 + 4950/3
= 4400
The total difference is $300.
Average salary- The result is obtained by dividing the sum of two or more values by the quantity of values. In other terms, the average or mean is equal to (a+b+c)/3. These five salaries total $264,000 in total. The average or mean pay is then obtained by dividing the total by the number of data points (five), which equals $52,800.
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Question 5
A company that sells ownership shares to many investors is a
Answer:
Corporation.
Explanation:
A corporation can be defined as a corporate organization that has facilities and owns or controls assets used for the production of goods and services in at least one country other than its headquarter (home office) located in its home country.
This ultimately implies that, a corporation is a corporate organization that owns or controls its business in two or more countries.
Generally, a corporation is considered to be perpetual in nature and it is a body that comprises of a group of people such as directors, shareholders etc., who act as a single entity.
Corporations can be sold to investors through stocks or shares, as a public entity. Thus, a company that engages in the sales of ownership shares to many investors is referred to as a corporation.
Additionally, a corporation that its stock is being traded in a public market is required to report earnings per share on their income statement.
Which of the following statements is true about mortgages?
A. The adjustable mortgage has an adjustable term of years but
fixed interest rate.
B. The adjustable mortgage has adjustable rates over a set amount
of time.
C. The fixed mortgage has a fixed term of years but adjustable
interest rate.
D. The fixed mortgage has an adjustable interest rate over a set time.
The statement true about mortgage is B. adjustable mortgage has adjustable rates over a set amount of time.
A mortgage is basically a pact or agreement between the person who is providing a loan in the form of money and the person taking the loan in the form of money. It includes that if you fail to return the amount the lender has all the rights by which they can take away your property that you have submitted as a security deposit in form of property papers.
There are two types of mortgages on the basis of interest rates first is adjustable mortgages which has adjustable rates of interest through a fixed period of time. On the other hand is fixed mortgages which means there is a fixed rate of interest for a fixed period of time.
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a. How many more people were working in agri-
cultural jobs in the traditional economy than in
the market economy?
In the traditional economy there were hundreds more people working than in the market economy
The market economy is an economic term characterized by:
A system of economic relations based on sale and exchangeThe state does not play a decisive role and in which decisions are made by each economic entity independentlyA market economy is characterized by private propertyOn the other hand, the traditional economy is characterized by:
They are based on traditional economic activities such as agriculture and harvestingFocuses on survivalHas a reduced economic surplusAccording to the above, in a traditional economic system, more people are working in agriculture than in the market economy because the market economy is based on industrial production and exchange.
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Disadvantages of choosing a job that is extremely popular or in demand
The disadvantage of choosing a job that is very popular or a job that is in high demand is that after a while such a job may become saturated or it would become monotonous.
What is a high demand job?This is the term that is used to refer to a job that the people that wpould employ labor are constantly in need of. Such a job is one that would require the people that have the qualification to opt in and get the places and the roles that they are to fill.
The issues that may arise from such a job that is in high demand is that after a period, such a job may have a lot of persons that would want to fulfil the role.
The number of qualified persons may become more than the job that is available for the people to do in the long run.
Hence this is a disadvantage. Therefore I would conclude by saying that the disadvantage of choosing a highly popular job is that the number of persons that are willing to fulfil the role may exceed the job overtime.
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What does an invasion biologist study?
help me
Answer:
Invasion biology deals with invasive species. If an “invasive” species is defined as a species that spreads to the detriment of economic interests and public health, however, invasion biology could not be easily distinguished from pest management and public health sciences.
Explanation:
How can employees demonstrate dependability to their employers?
Answer: Employees can demonstrate dependability to their employers by being consistent with their work.
Answer:
Dependable employees respect deadlines, and make every effort to meet them. Meeting deadlines is accomplished through proper planning and using work hours effectively.
Explanation:
Money needed to expand for additional inventory, equipment, marketing cost, employees, etc. is known as which of the following? Competitive risk Market analysis Marketing Expansion capital
Answer:
Expansion capital
Explanation:
Expansion capital can be defined as the money that a company uses to expand itself and business. Expansion capital is always included in company balance sheets. Expansion capital is also known as growth capital.
Expansion or growth money usually covers additional inventory, equipment, marketing cost, employees, etc as seen in the question.
Cheers.
giada owns a dog boutique and is solely responsible for its debts and liabilities. she is also entitled to all the profits the boutique makes after paying off taxes and other expenses. her business is an example of
She is also entitled to all the profits the boutique makes after paying off taxes and other expenses. Her business is an example of a sole proprietorship.
Sole proprietorship is a business structure in which a single individual owns and manages the business, assuming all of the profits and losses. It is the simplest and most common form of business organization, and is ideal for small businesses and freelancers. In this type of business structure, the owner has complete control over the company and is responsible for all of its operations, including financial management, tax filing, and legal compliance.
The owner can take advantage of tax deductions and benefits, but is also personally liable for any debts or legal issues that may arise. This means that personal assets can be at risk in the event of business liabilities. Sole proprietorships can be established with minimal cost and paperwork, making it easy for individuals to start their own business.
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ABC Company issued a bond with face value for $1000, paid annual 10% coupon and 3 years to maturity, what is the value of ABC bonds today if the required rate of return is 12%.
Answer:
The value of Bond = $951.963
Explanation:
The value of the bond is the present value(PV) of the future cash receipts expected from the bond. The value is equal to present values of interest payment plus the redemption value (RV) discounted at the yield rate
Value of Bond = PV of interest + PV of RV
Th e PV of interest payment
A ×(1- (1+r)^(-n))/r
Interest payment = 10%× 1000 = 100
PV = 100× (1- 1.12^(-3))/0.1 = 240.183126
PV of redemption value
PV = RV× (1+r)^(-n)
PV = 1000× 1.12^(-3) = 711.7802
The value of bond = 240.18 + 711.78= 951.963
The value of Bond = $951.963
What are the activities that should take place during the performing stage
Answer:
In the performing stage, the role of the mentor shifts from managing group dynamics to focusing on helping members grow and develop in positive ways. Mentors can turn their attention to identifying individuals' strengths and weaknesses, and helping mentees step out of their comfort zones.
Explanation:
Identify and give examples of each of the three basic manufacturing cost categories.
Three basic manufacturing cost categories
Direct Material - eg: raw material for the productionDirect labour - eg: factory Labours wagesOverhead - eg: rent of officeManufacturing is the creation or production of goods using equipment, labor, machines, tools, and processing or chemical or biological formulations.
This is the nature of the secondary sector of the economy. The term can refer to a wide range of human activities, from craftsmanship to high technology, but it most commonly applies to industrial design, where raw materials from the primary sector are transformed into finished products on a large scale.
These goods may be sold to other manufacturers to produce other more complex products (such as airplanes, home appliances, furniture, sports equipment, or automobiles) or distributed through the tertiary sector to end users and consumers (usually through wholesalers, who in turn sell to retailers, who then resell to individual customers).
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Pam's business earns 33,000 per month. Pam's non-employee expenses are $13,500 per month. If Pam wants $4,500 in profit per month, how many employees can she employ if each employee costs $3,000 per month?
The number of employee that she can employ if each employee costs $3,000 per month is 5 employees.
Using this formula
Number of employee=Business amount earn per month-Non -employee expenses per month-Profit per month/Employee cost
Let plug in the formula
Number of employee=$33,000-$13,500-$4,500/3,000
Number of employee=$15,000/3,000
Number of employee=5 employees
Inconclusion the number of employee that she can employ if each employee costs $3,000 per month is 5 employees.
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