Answer:
13%
Explanation:
The accounting rate of return (ARR) of an investment project is the accounting profit (usually before interest and tax) expressed as a percentage of the capital invested.The essential feature of ARR is that it is based on accounting profits, and the accounting value of assets employed.
Annual Net income per year=20,000
Capital employed= (Initial cost of machinery+residual value)/2
Capital employed=(280,000+30,000)/2=155,000
Project A Accounting rate of return=Annual net income per year/Capital employed
Project A Accounting rate of return=20,000/155000
=13%
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Answer:
Total direct labor cost= $122,752
Explanation:
Giving the following information:
Each unit of output requires 0.77 direct labor-hours.
The direct labor rate is $11.20 per direct labor-hour.
Production budget:
October= 7,100 units
November= 6,900 units
Minimum hours= 5,480 hours
First, we need to determine the number of hours required for each month.
October= 7,100*0.77= 5,467 hours
November= 6,900*0.77= 5,313 hours
Direct labor budget:
October= 5,480*11.2= 61,376
November= 61,736
Total cost= $122,752
Answer:
Make arrangements or preparations for (an event or activity)
Yes it is possible to posses elements of more than 1.
