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nika2105 [10]
2 years ago
14

Hokey​ Min's Kleen Karpet cleaned 85 rugs in​ October, consuming the following​ resources: ​Labor: 520 hours at ​$17 per hour ​S

olvent: 100 gallons at ​$5 per gallon Machine​ Rental: 22 days at ​$60 per daya) Labor productivity per dollar​ = ---- ​rugs/dollar ​
b) Multifactor productivity​ = ----- ​rugs/dollar ​
Business
1 answer:
rjkz [21]2 years ago
5 0

Answer:

(a) Labor productivity is 0.0096 rugs/dollar

(b) Multifactor productivity is 0.244 rugs/dollar

Explanation:

(a) Labor productivity = total output/total labor input = 85 rugs/($17×520) = 0.0096 rugs/dollar

(b) Solvent productivity = 85 rugs/($5×100) = 0.17 rugs/dollar

Machine rental productivity = 85 rugs/($60×22) = 0.0644 rugs/dollar

Multifactor productivity = 0.0096+0.17+0.0644 = 0.244 rugs/dollar

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The following are nine technical accounting terms introduced or emphasized in this chapter. Responsibility margin Transfer price
Ostrovityanka [42]

Answer: Please refer to Explanation

Explanation:

The terms will be listed in bold at the end of the statement. If you require further clarification please do comment.

a. The costs deducted from the contribution margin to determine the responsibility margin. TRACEABLE FIXED COSTS.

b. Cost to produce plus a predetermined markup. COST-PLUS TRANSFER PRICE

c. Fixed costs that are readily controllable by the manager. NONE

d. A subtotal in a responsibility income statement, equal to responsibility margin plus committed fixed costs. PERFORMANCE MARGIN.

e. The subtotal in a responsibility income statement that is most useful in evaluating the short-run effect of various marketing strategies on the income of the business. CONTRIBUTION MARGIN.

f. The subtotal in a responsibility income statement that comes closest to indicating the change in income from operations that would result from closing a particular part of the business. RESPONSIBILITY MARGIN.

g. The amount used in recording products or services supplied by one business unit to another. TRANSFER PRICE.

5 0
2 years ago
Other data not yet recorded at December 31 include Insurance expired during the current year, $6. Wages payable, $4. Depreciatio
galina1969 [7]

Answer:

Using the adjusted balances, give the closing entry for the current year.

Explanation:

1  

Db Insurance expense  6000  

Cr Prepaid expenses           6000

 

2  

Db Wages payable 4000  

Cr Cash                                4000

 

3  

Db Depreciation expense 9000  

Cr Accumulate depreciation     9000

 

4  

Db Income tax expense 7000  

Cr Tax payable                      7000

3 0
2 years ago
Read 2 more answers
Which of the following captures the specific actions that leaders take to influence others at work? A.Leadership styles and beha
Tom [10]

Answer:

A.Leadership styles and behaviours

Explanation:

-Leadership styles and behaviours refer to the approach and actions a leader take to direct, motivate and guide people.

-Team processes refer to how the team works to accomplish goals.

-Team characteristics refer to the qualities that a group of people that work together possess.

-Leader power and influence refer to the ability a leader has to convince people to do certain things and achieve a goal.

According to this, the option that captures the specific actions that leaders take to influence others at work is leadership styles and behaviours.

7 0
2 years ago
A retired woman has $200,000 to invest. she has chosen one relatively safe investment fund that has an annual yield of 9% and an
Helen [10]
<span>She is to invest $150,000 in the low risk found at 9%
 She is to invest $50,000 in the high risk found at 13%
   Let x = money invested at 9%
 Let y = money invested at 13%
   x+y = 200000
 .09x + .13 y = 20000
   since
  x = 200000-y
 then
  .09(200000-y) +.13y = 20000
 18000-.09y+.13y = 20000
 .04 y = 20000
 y = 50000
    then
x = 200,000-50000 =150000</span>
8 0
2 years ago
How are manufacturing and non manufacturing location decisions similar? different?
iogann1982 [59]
<span>Location decisions are strategic decisions because they can have a significant impact on the success or failure of a business.</span><span>
Both manufacturing and non manufacturing location decision take costs and profits into consideration. </span>
Manufacturing firms are concerned with transportation costs, location of raw materials, energy and water availability .
Non manufacturing companies on the other hand are concerned with <span>convenience, access to markets and traffic flow.</span>
3 0
2 years ago
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