Kandy Harts Manufactures Custom T-Shirts

question 94

Multiple Choice

Kandy Harts manufactures custom T-shirts.Each T-shirt can be imprinted front and back with photos,company logos or other information.Each T-shirt requires 2 ounces of ink,15 minutes of direct labor processing,folding,packaging,and a plastic bag for packaging.The following information is available regarding costs:
Kandy applied overhead at a rate of $9.40 per direct labor hour,and fringe benefits for workers are an additional 20% of wages.What is the standard price and standard quantity for direct labor?

• A) $16.00; 0.25 hour
• B) $19.20; 0.25 hour
• C) $4.80; 1 hour
• D) $4.80; 0.25 hour

Determine the appropriate methods for evaluating and managing wound drainage.

Educate patients on the wound healing process and the importance of monitoring.

Understand the rationale and limitations of wound cultures.

Develop strategies for preventing and treating wounds effectively in special populations such as those with diabetes or peripheral neuropathy.

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Definitions:

Elastic

In economics, elastic refers to how the quantity demanded or supplied of a good responds to changes in its price; high elasticity indicates sensitivity to price changes.

Cross-price Elasticity

Cross-price Elasticity measures the responsiveness of the demand for one good to a change in the price of another good.

Elasticity of Supply

A measure of how much the quantity supplied of a good changes in response to a change in price.

Cross-price Elasticity

A measure of how the demand for one good changes in response to changes in the price of another good.