A company's production function is Q = 5LK, where Q is the output rate, L is the number of units of labor, and K is the number of units of capital. The price of labor is $1 a unit, and the price of capital is $2 per unit. a. What input mix should the firm use to produce 360 units of outputs?

Job 456 was recently completed. the following data have been recorded on its job cost sheet: direct materials $ 2,418 direct labor-hours 74 labor-hours direct labor wage rate $ 13 per labor-hour machine-hours 137 machine-hours the corporation applies manufacturing overhead on the basis of machine-hours. the predetermined overhead rate is $14 per machine-hour. the total cost that would be recorded on the job cost sheet for job 456 would be: multiple choice $3,380 $5,298 $6,138 $2,622