Question: Can you help me answer these questions? Production data for Bob's Bicycle Factory are as follows: Bikes assembled per day SkidDed Other than wages. Bob
Can you help me answer these questions?

Production data for Bob's Bicycle Factory are as follows: Bikes assembled per day SkidDed Other than wages. Bob has costs of $100 (for parts and so on) for each bike assembled. Instructions: Enter your responses a 14 . Bikes sell for $130 each. Find the marginal product and the value of the marginal product for each worker. Don't forget to consider Bob's cost for parts. " workers product product for each worker . Complete the following table showing Bob's demand curve for labor. workers' Daily wage C. Complete the following table showing Bob's workers Daily wage d. Complete the following table showing Bob's demand curve for labor if wo percent and bikes sell for $130 cach. ctivity increases by 50 Daily wage Exercise 21-3 (Algo) Preparing flexible budgets LO P1 empo Company's fixed budget (based on sales of 12,000 units) follows. Skipped Sales (12,008 units * xedo Budget 2. 490, 808 Direct materials Indirect materials 336, 460 Sales commissions shipping 10 Depreciation-Office equipment 126, 880 66 , 8 80 Office rent Income 580 , 186 Compute total fixed cost per unit. 19 3. Prepare a flexible budget at activity levels of 10.000 units and 14,000 units. Complete this question by entering your answers in the tabs below . Required 1 Required 2 Required 3 Compute total variable cost per unit . Total variable cost per unit Required 1 Required 2 Required 3 Compute total fixed costs . Required 1 Required 2 Required 3 Prepare a flexible budget at activity levels of 10,000 units and 14,000 units. TEMPO COMPANY Flexible Budget for; able Amount Total Fixed Units Sales .8 806 Variable costs
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
