Answer:
$126
Explanation:
We can calculate the amount Mira can pay for the synthetic material per unit (refrigerator) and meet its profitability goal by deducting the estimated profit and then all the cost from the selling price per unit.
Selling price per unit $260
Less
estimated return (260x30%) = ($78)
Labor costs ($32)
Overhead costs ($24)
Material $126
Amount Mira can pay for Synthetic material per unit is $126
The ‘SMART’ technique a tool for effective goal setting. The acronym SMART stands for Specific, Measurable, Attainable, Realistic, and Time-bound, all of which are requisites for goals. The goal “to sell a combination of six refrigerators, stoves or dishwashers to earn a bonus” is specific, measurable, attainable and realistic because Michelle has done this before. Yet the goal is not time-bound. The length of time it is required to meet is not specified in the goal.
Answer:
3,825.2 labor hours
Explanation:
Learning rate (Unit 1 and unit 2):
= Labor hour required for 2nd unit ÷ Labor hour required for 1st unit
= 1,200 ÷ 2,000
= 0.60
Learning rate (Unit 2 and unit 3):
= Labor hour required for 3rd unit ÷ Labor hour required for 2nd unit
= 1,130 ÷ 1,200
= 0.94
Average of learning rates = (0.60 + 0.94 ) ÷ 2
= 0.77
As per learning curve calculator the value of 77% for 6 units = 4.0776
Cumulative time = Factor × Time of first unit
= 4.0776 × 2,000
= 8,155.2
Hence,
Time for next three units:
= Cumulative time - Sum of the time of first, second and third unit
= 8,155.2 - (2,000 + 1,200 + 1,130)
= 3,825.2 labor hours should Simpson plan for.
Answer:
The cost of goods sold = $74,000
Explanation:
<em>Cost of goods sold is computed as</em>
<em>Opening stock + production- closing inventory</em>
<em>The figure is always subtracted from the sales revenue to determine the gross profit</em>
The cost of goods of XXis Corporation
Cost of goods sold = 19,000 + 70,000 - 15,000
= $74,000
The cost of goods sold = $74,000
Answer:
d. $197,418
Explanation:
Profitability index for this project = Present value of cash inflows / Present value of cash inflows
Profitability index for this project = 2.531*$78000 / $195000
Profitability index for this project = $197,418 / $195,000
Profitability index for this project = 1.0124
So, the net present value of this project is $197,418