1.9 lillian fok is president of lakefront manufacturing, a producer of bicycle tires. fok makes 1,000 tires per day with the following resources.

labor: 400 hours per day @ $12.50 per hour

raw material: 20,000 pounds per day @ $1 per pound

energy: $5,000 per day

capital costs: $10,000 per day

a) what is the labor productivity per labor-hour for these tires at lakefront manufacturing?

b) what is the multifactor productivity for these tires at lakefront manufacturing?

c) what is the percent change in multifactor productivity if fok can reduce the energy bill by $1,000 per day without cutting production or changing any other inputs?

marketing strategies should be established before marketing objectives are decided. t/f

Look at this check register. calculate the current balance. check date transaction (+) deposit balance 5/1 5/3 $82.92 debit 8.00 78.24 005 monthly fee phone bill paycheck 1 125.00 5/15 5/17 5/20 atm 40.00 56.50 006 t ennis lessons the current balance is?

The production manager of rordan corporation has submitted the following quarterly production forecast for the upcoming fiscal year: 1st quarter 2nd quarter 3rd quarter 4th quarter units to be produced 10,800 8,500 7,100 11,200 each unit requires 0.25 direct labor-hours, and direct laborers are paid $20.00 per hour. required: 1. prepare the company’s direct labor budget for the upcoming fiscal year. assume that the direct labor workforce is adjusted each quarter to match the number of hours required to produce the forecasted number of units produced. 2. prepare the company’s direct labor budget for the upcoming fiscal year, assuming that the direct labor workforce is not adjusted each quarter. instead, assume that the company’s direct labor workforce consists of permanent employees who are guaranteed to be paid for at least 2,500 hours of work each quarter. if the number of required direct labor-hours is less than this number, the workers are paid for 2,500 hours anyway. any hours worked in excess of 2,500 hours in a quarter are paid at the rate of 1.5 times the normal hourly rate for direct labor.