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VLD [36.1K]
2 years ago
10

Pabon Corporation makes one product. Budgeted unit sales for August and September are 11,100 and 12,600 units, respectively. The

ending finished goods inventory equals 40% of the following month's sales. The direct labor wage rate is $19.00 per hour. Each unit of finished goods requires 2.5 direct labor-hours. The estimated direct labor cost for August is closest to:
Business
1 answer:
AleksAgata [21]2 years ago
7 0

Answer:

$555,750

Explanation:

First we need to calculate the units produced in the month of August.

We know that the opening inventory of finished goods is equal to 40% of that month's sale.

  • The Opening inventory of August will be: 11100 * 0.4 = 4440
  • Units produced in august relating to August sales will be 11100 - 4440 = 6660
  • Units produced in August relating to September's sales will be 12600 * 0.4 = 5040
  • Total units produced in August = 6660 + 5040 = 11700 units
  • labour hours required for August = 11700 * 2.5 = 29250 direct labor hours
  • So, Direct labor Cost = 29250 * 19 = 555750

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Leokris [45]

Answer:

The minimum cost ( Z ) will be = $636 per day

number of permanent operators = 6

number of temporary operators = 3

Explanation:

considering the information given: the company has ten (10) workstations and also uses both permanent and temporary operators below is the detailed job that can be achieved with this resources

Orders per day

permanent operator ; 76

temporary operator ; 53

company average : (minimum ) 600

Errors per day

permanent operator ; 1.3

temporary operator ; 4.1

average allowable error : maximum ( 24 )

pay per day ; permanent ( $81 ), temporary ( $50 )

creating an integer program model for this problem of finding the number of permanent and temporary operators to hire to minimize costs

Assume number of permanent operators to be X1  and temporary operators to be X2

cost of operators per day would be ( Z ) = 81 X1 + 50 X2  ( first constraint )

workstations to be used by operators = X1 + X2 ≤ 10 (second constraint )

Total number of processed order by operators = 76 X1 + 53 X2 ≥ 600 (third)

allowable errors by the company = 1.3 X1 + 4.1 X2 ≤ 24 ( fourth constraint )

The number of operators must be an Integer = X1 , X2 ≥ 0 ( fifth constraint )

create an excel linear program using both the details given and also the applying the constraints created.

The minimum cost ( Z ) will be = $636 per day

number of permanent operators = 6

number of temporary operators = 3

attached is a snapshot of the final excel linear program

6 0
2 years ago
At the beginning of April, Warren Corporation's assets totaled $240,000 and liabilities totaled $60,000. During April the follow
kicyunya [14]

Answer:

The Warren's total assets at the end of April is $345,000

Explanation:

The computation of the ending total assets value is shown below:

= Total assets - sale of stock + machine purchased - cash payment for purchase of building + purchase of short term investment - cash payment for purchase of short term investment - cash paid to the employee as a loan + notes issued

= $240,000 + $20,000 + $95,000 - $10,000 + $9,000 - $9,000 - $10,000 + $10,000

= $345,000

5 0
1 year ago
Current Attempt in Progress The following selected accounts from the Sheridan Company’s general ledger are presented below for t
Mama L [17]

Answer:

2022 Income Statement

$ 2,392,000 Sales

-$ 8,100   Sales Discounts

-$ 36,000 Sales returns and allowances

$ 2,347,900 Net Sales Revenues

-$ 117,000 Depreciation expense

-$ 1,077,000 Cost of goods sold

-$ 1,194,000 Cost of goods sold

$ 1,153,900 Gross PROFIT

-$ 47,000 Advertising expense

-$ 667,000 Salaries and Wages Expenses

-$ 17,000 Freight out expenses

-$ 731,000 Operating Expenses

$ 422,900 INCOME FROM OPERATIONS

$ 24,000 Rent Revenue

$ 25,000 Interest Revenue

$ 49,000 Other Revenues and Gains:

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-$ 15,000 Insurance Expenses

-$ 77,000 Other expenses and Loss

$ 394,900 NET INCOME AFTER TAXES

-$ 62,000 Income Tax Expenses

$ 332,900 Net INCOME

Explanation:

In the multistep income it's possible to segregate the operative expenses and  revenues of the non operative, it also shows the gross profit, which is  

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First it's shown the Gross Profit, then substracted the operating expenses  

to arrive at operating income.

Finally with the non operating movements we have the net Income After Taxes  and with the taxes expenses we have the Net Income of the company.

4 0
2 years ago
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mojhsa [17]

Answer: a. 11.5%

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Using the Capital Asset Pricing Model to calculate expected return.

Er = Rf + b( Rm - Rf)

Er = Expected return

Rf = Risk Free Rate

b = Beta

Rm = Market Return.

The Expected Return for the Informed Investors is,

= 4% + 1.4 ( 10% - 4%)

= 4% + 1.4 ( 6%)

= 12.4%

With the Fad followed expected to have a lower beta and therefore a lower expected return than the Informed Investors, the only suitable option is the 11.5%.

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Westkost [7]

Answer:

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Explanation:

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Organizations use KPIs to analyze their success rate.

The customer perspective within the balanced score card enables organizations to target the market segments to prioritize.  Once they have done that, they focus developing strategies that maximizes customers’ utility and bring sin good profit to the organization.

Before now, Balanced Scorecard tilted towards product performance and technology innovation to be the backbones of business success. However, customer behavioral trends have gradually emphasized the necessity for understanding what customers need.

Therefore the number of repeat customers is a KPI of the customer perspective in a balanced score card.

7 0
2 years ago
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