Mondie Weller decides to start a residential landscaping business. How would this business most likely be classified? A. Manufacturing business B. Marketing intermediary C. Service business D. Corporation E. Nonprofit organization
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Ответ:
C. Service business
Explanation:
A service business is a type of business model that involves performing of tasks or provision of activities that require specific skills and expertise to individuals and companies for commercial purposes. The products produced by a service business go beyond physical products, they are products of intangible value that are of immense benefits.
The residential landscaping business that Mondie Weller wants to start, would most likely be classified as a service business.
Other examples of service business include education, consulting, insurance etc.
Ответ:
Instructions are listed below.
Explanation:
Giving the following information:
Each unit of output requires 0.52 direct labor-hours. The direct labor rate is $9.00 per direct labor-hour. The production budget calls for producing 1,700 units in April and 1,600 units in May. The company is committed to paying its direct labor workforce for at least 960 hours a month.
We need to calculate the total number of hours required each month.
April:
Direct labor hours= 1,700 units* 0.52= 884 hours
Total cost= 960 hours*$9= $8,640
May:
Direct labor hours= 1,600 units* 0.52= 832 hours
Total cost= 960 hours*$9= $8,640