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kobusy [5.1K]
2 years ago
12

Grefrath Corporation is developing direct labor standards. A particular product requires 0.71 direct labor-hours per unit. The a

llowance for breaks and personal needs is 0.04 direct labor-hours per unit. The allowance for cleanup, machine downtime, and rejects is 0.12 direct labor-hours per unit. The standard direct labor-hours per unit should be: Select one: a. 0.71 b. 0.87 c. 0.67 d. 0.55
Business
1 answer:
Dimas [21]2 years ago
6 0

Answer:

Direct labor hour per unit= 0.87 hours

Explanation:

Giving the following information:

A particular product requires 0.71 direct labor-hours per unit.

The allowance for breaks and personal needs is 0.04 direct labor-hours per unit. The allowance for cleanup, machine downtime, and rejects is 0.12 direct labor-hours per unit.

<u>The total direct labor hour per unit is the time required to produce one unit.</u>

Direct labor hour per unit= 0.71 + 0.04 + 0.12

Direct labor hour per unit= 0.87 hours

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Answer:

The equal employment opportunity commission trust me

8 0
1 year ago
Five years​ ago, Simpson Warehouses Inc. issued twentyminusfiveminusyear ​10% annual coupon bonds with a​ $1,000 face value each
anastassius [24]

Answer:

The price today for a Thompdon

tarps bond is $850.61

Explanation:

coupon rate = 10%

NPER = 20

Face value = $1000

PMT = Face value*coupon rat

        = 100

yield = 12%

price = PV = $850.61

Therefore, The price today for a Thompdon

tarps bond is $850.61

8 0
2 years ago
Each customer entering a department store will either buy or not buy some merchandise. An experiment consists of following 3 cus
bogdanovich [222]

Answer:

d. 8

Explanation:

The number of sample points in this experiment = 2^3  

                                                                                 = 8

Therefore, The number of sample points in this experiment is 8.

5 0
1 year ago
When the price of good A is $50, the quantity demanded of good A is 500 units. When the price of good A rises to $70, the quanti
Luba_88 [7]

Answer:

Price elasticity of demand = -0.6667

Explanation:

The price elasticity of demand for a good, using the midpoint method is calculated as:

E=\frac{(Q2-Q1)/[(Q2+Q1)/2]}{(P2-P1)/[(P2+P1)/2]}

Where Q1 is the quantity demanded when the price is P1 and Q2 is the quantity demanded when the price is P2.

Replacing, Q1 by 500, P1 by 50, Q2 by 400 and P2 by 70, we get that the price elasticity of demand for good A is:

E=\frac{(400-500)/[(400+500)/2]}{(70-50)/[(70+50)/2]}\\E=-0.6667

5 0
1 year ago
Machinery purchased for $66,000 by Metlock Co. in 2016 was originally estimated to have a life of 8 years with a salvage value o
7nadin3 [17]

Answer:

Debit : Depreciation Expense   $4,510

Credit : Accumulated Depreciation $4,510

Explanation:

Straight line method charges a fixed amount of depreciation for the period the asset is used in the business.

<em>Depreciation expense = (Cost - Residual Value) ÷ Estimated Useful life</em>

therefore

Annual Depreciation Expense = ($66,000 -  $4,400) ÷ 8

                                                  = $7,700

2016

Annual Depreciation Expense = $7,700

2017

Annual Depreciation Expense = $7,700

2018

Annual Depreciation Expense = $7,700

2019

Annual Depreciation Expense = $7,700

2020

Annual Depreciation Expense = $7,700

2021

Beginning Accumulated depreciation Balance = $38,500

<u>Calculate New Depreciable amount</u>

Depreciable amount = Cost - Accumulated depreciation - New Salvage Value

                                   = $66,000 - $38,500 - $4,950

                                   = $22,550

<u>Calculate New Useful Life</u>

5 years have already expired so the remainder out of the new 10 years is 5 years

<u>Calculate New Depreciation Expense</u>

Depreciation Expense = $22,550 ÷ 5 = $4,510

6 0
1 year ago
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