Angels inc. is considering bringing the garage fabrication process (which is currently outsourced) in-house. if garage fabrication were brought in-house, the factory would be structured as follows. roofs are punched in a roof punching press (15 minutes per roof) and then formed in a roof forming press (10 minutes per roof). bases are punched in a base punching press (15 minutes per base) and then formed in a base forming press (20 minutes per base), and the formed base is welded in a base welding machine (10 minutes per base). the base sub-assembly and the roof then go to final assembly where they are welded together (15 minutes per garage) on an assembly welding machine to complete the garage. Assume one operator at each station. Required:
a. Draw a process flowchart of the process.
b. What is the minimum time required to produce a garage (from starting an order to finishing it)?
c. What is the capacity of the factory in terms of garages per hour?
d. If you want to increase the capacity, what is the stage that you would put some additional resources?

Jaynet spends $30,000 per year on painting supplies and storage space. she recently received two job offers from a famous marketing firm – one offer was for $85,000 per year, and the other was for $120,000. however, she turned both jobs down to continue a painting career. if jaynet sells 40 paintings per year at a price of $4,000 each:

Benton company (bc), a calendar year entity, has one owner, who is in the 37% federal income tax bracket (any net capital gains or dividends would be taxed at a 20% rate). bc's gross income is $395,000, and its ordinary trade or business deductions are $245,000. ignore the standard deduction (or itemized deductions) and the deduction for qualified business income. if required, round computations to the nearest dollar. a. bc is operated as a proprietorship, and the owner withdraws $100,000 for personal use. bc's taxable income for the current year is $ , and the tax liability associated with the income from the sole proprietorship is $ . b. bc is operated as a c corporation, pays out $100,000 as salary, and pays no dividends to its shareholder. bc's taxable income for the current year is $ , and bc's tax liability is $ . the shareholder's tax liability is $ . c. bc is operated as a c corporation and pays out no salary or dividends to its shareholder. bc's taxable income for the current year is $ , and bc's tax liability is $ . d. bc is operated as a c corporation, pays out $100,000 as salary, and pays out the remainder of its earnings as dividends. bc's taxable income for the current year is $ , and bc's tax liability is $ .

Choose the statement that is incorrect. a. search activity occurs only in markets where there is a shortage. b. when a price is regulated and there is a shortage, search activity increases. c. the time spent looking for someone with whom to do business is called search activity. d. the opportunity cost of a good is equal to its price plus the value of the search time spent finding the good.