Answer:
Total cost= $3,595
Explanation:
Giving the following information:
Estimated fixed overehad= $155,000
Estimated variable manufacturing overhead= $3.40 per machine-hour
Estimated machine-hours= 50,000
Job A881:
Total machine-hours 100
Direct materials $645
Direct labor cost $2,300
First, we need to calculate the predetermined overhead rate:
Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
Estimated manufacturing overhead rate= (155,000/50,000) + 3.4
Estimated manufacturing overhead rate= $6.5
Total cost= direct material + direct labor + allocated overhead
Total cost= 645 + 2,300 + (6.5*100)
Total cost= $3,595
Answer:
Explanation:
Arrival rate = 40 people per minute
Service rate = 5 seconds per person = 12 people per minute
b) Customer Inflow (Arrival) Rate (Ri)
Ri = Arrival Rate = 40 per minute
Inter arrival Time = 1 / Ri = 1 / 40 minutes
c) Total Processing Rate (Capacity) (Rp)
Processing Time = Tp = 5 seconds =
5/60 minutes
= 1/12 minutes
Processing Rate = Rp = 1 / Tp = 1 / (1/12) = 12 customers per minute
Server utilization = Throughput Rate R / Rp
Chi = Lambda / Miu ( must be < 1 )
Ls = Chi / (1-Chi)
Lq = Ls - Chi
Ws = Ls / Lambda
Wq = Lq / Lambda
Buffer capacity K = 50
Answer:
Po = D1/1+ke + D2/(1+ke)2 + D3/(1+ke)3
Po = $1.40/1+0.14 + 1.75/(1+0.14)2+ $2(1+0.14)3
Po = $1.2281 + $1.3466 + $1.34998
Po = $3.92
Explanation:
The current value per share is equal to dividend paid in each year discounted at the appropriate cost of equity capital of the firm.
Po = Current value per share, D represents dividend paid and ke = return on equity(discount rate)
Answer:
a. discount bonds
Explanation:
When the Price of the Bond is less than the par value (face value) of the bond, we say that the bonds are trading at a discount.
When the Price of the Bond is greater than the par value (face value) of the bond, we say that the bonds are trading at a premium.
In this case the price is $932 and the face value is $1,000, thus the bonds are discount bonds.
Answer:
$2,300
Explanation:
Assuming that the requirements for qualified plan awards are otherwise satisfied, each award by itself would be excluded from income.
The excludable amount or deduction is $1,600 out of total amount of awards.
Total amount of awards = Design + Graphic + Employee of the year
= $1,340 + $1,775 + $785
= $3,900
Taxable awards = Total amount of awards – Excludable amount
= $3,900 – $1,600
= $2,300
However, because the $3,900 total value of the awards is more than $1,600, Keren must include $2,300 in his taxable income.