Answer:
direct labor hour 25.72
Explanation:
16.79 + 15% taxes + vacation and HI 6,41
16.79 + 16.79 x 15% + 6.41
16.79 + 2.5185 + 6.41 = 25.7185 = 25.72
<u>Notes:</u>
The assignment state the payroll taxes only apply to the basic direct labor rate, so we should assume the fringe benefit are tax-exempt
Answer:
$50
Explanation:
Sales - gross profit
Sales = $1000
Gross profit = 1000 *30%
= $300
1000 - 300
= $700, this value is the actual cost
Actual cost = $700
The amount paid = $650
To calculate the amount to be included, we subtract the amount paid from actual cost
= $700 - $650
= $50
Amount to be included in harveys grow income = $50
Answer:
cost of goods manufactured= $665,000
Explanation:
Giving the following information:
Molina Company has a beginning and ending work in process inventories of $130,000 and $145,000 respectively. If total manufacturing costs are $680,000
We need to use the following formula:
cost of goods manufactured= beginning WIP + direct materials + direct labor + allocated manufacturing overhead - Ending WIP
cost of goods manufactured= 130,000 + 680,000 - 145,000
cost of goods manufactured= 665,000
Answer:
The NPV of the machine is closest to -$34.48
Explanation:
The net present value (NPV) of the project is the present value of the future net cash flows expected from the project less the initial cost of the project. The cash inflows from this project are the cost savings that are in a form of annuity and an amount for salvage value receivable at end of year 6. Thus, the NPV of the project is,
NPV = 4000 * [ (1 - (1+0.12)^-6) / 0.12 ] + 3000 / (1+0.12)^6 - 18000
NPV = - $34.48
Answer:
The answers are b. As batch size increases, lead time decreases and d. Batch size is influenced by the Product Owner, utilization is influenced by the Development Team
Explanation:
Invariably, a larger batch size leads to increase in lead time due to the fact that it will take lesser time to process smaller batches and when there's a larger batch it takes more time. And ultimately, the batch size is influenced by the product owner because he/she determines the sixe of each product batch based on market demand while the development team conducts tests for utilization which guides them in making decisions that influence utilization.
