Choose all of the possible causes of structural unemployment

g Bumblebee Company estimates that 379,500 direct labor hours will be worked during the coming year, 2020, in the Packaging Depa

wel

Answer:

Explanation:

Given that :

Bumblebee Company estimates that 379,500 direct labor hours will be worked during the coming year, 2020, in the Packaging Department. On this basis, the following budgeted manufacturing overhead cost data are computed for the year.

Fixed Overhead Costs Variable Overhead Costs

Supervision $94,440 Indirect labor $174,570

Depreciation 73,320 Indirect materials 75,900

Insurance 25,560 Repairs 53,130

Rent 21,120 Utilities 94,875

Property taxes 20,880 Lubricants 37,950

$235,320 $436,425

It is estimated that direct labor hours worked each month will range from 24,900 to 36,900 hours.

During October, 24,900 direct labor hours were worked and the following overhead costs were incurred.

Fixed overhead costs: Supervision $7,870, Depreciation $6,110, Insurance $2,095, Rent $1,760, and Property taxes $1,740.

Variable overhead costs: Indirect labor $12,544, Indirect materials, $4,500, Repairs $3,406, Utilities $6,545, and Lubricants $2,740.

The objective is to prepare a monthly manufacturing overhead flexible budget for each increment of 4,000 direct labor hours over the relevant range for the year ending December 31, 2020. (List variable costs before fixed costs.)

The monthly manufacturing overhead flexible budget can be computed as

follows:

Bumblebee Company

Packaging Department

Monthly manufacturing overhead Flexible

Budget For the year ended December 31,2017

Particulars Operating Capacity(Direct Labor Hours)

24900 28900 32900 36900

Variable Factory -

Overhead Costs :

Indirect labor 11454 13294 15134 16974

Indirect materials 4980 5780 6580 7380

Repairs 3486 4046 4606 5166

Utilities 6225 7225 8225 9225

Lubricants 2490 2890 3290 3690

Total Variable Factory-

Overhead Cost 28635 33235 37835 42435 

Fixed Factory -

Overhead Cost :

Supervision 7870 7870 7870 7870

Depreciation 6110 6110 6110 6110

Insurance 2130 2130 2130 2130

Rent 1760 1760 1760 1760

Property Taxes 1740 1740 1740 1740

Total Fixed Factory -

Overhead Cost: 19610 19610 19610 19610

Total Factory -

Overhead Cost (A+B) 48245 52845 57445 62045

8 0

3 years ago

Direct effects of FDI arise when jobs are created in local suppliers as a result of the FDI and when jobs are created because of

Bond [772]

Answer:

The correct answer is False.

Explanation:

Foreign direct investment, in socialization is the placement of long-term capital in some part of the world, for the creation of agricultural, industrial and service companies, with the purpose of internationalizing.

There are several reasons for a company to decide to invest in another country. Almost all the arguments that have been offered for the existence of FDI can be grouped under three basic objectives: the attempt to participate in new markets, increase production efficiency through cost reductions and the attempt to exploit certain strategic assets. Next we will explain in more detail each of these three objectives.

3 0

3 years ago

You own a portfolio equally invested in a risk-free asset and two stocks. If one of the stocks has a beta of 1.08 and the total

Luden [163]

Answer: 0.92

Explanation:

Beta is a measure of riskiness and Market beta is always 1.

The total portfolio therefore has a beta of 1.

Portfolio Beta is weighted average of the betas of the composite stocks.

The stocks are equally invested in so their weights are 0.5.

Assume the beta needed is x.

(0.5 * 1.08) + (0.5 * x) = 1

0.54 + 0.5x = 1

0.5x = 1 - 0.54

x = 0.46/0.5

= 0.92

4 0

2 years ago

What do the europeon union and the world trade organization have in common

JulijaS [17]

The European union and the World trade organization have trade policy as common.

Explanation:

World Trade Organization (WTO) comprises governments and border control territories that establish, implement, and enforce international trade rules. European Union and the individual EU Member States are members of WTO.

To make sure that rules-based global trade process, the WTO is involved. Despite the deadlock in negotiations, ways are being examined to upgrade WTO rules and tackle new international challenges.

New developments in the WTO trade rules have been brought about by the coming into effect of the Trading Facilitation Agreement in February 2017. Parliament passes legislation in conjunction with the Council under the Treaty of Lisbon and has a major accountability role on global trade policy.

4 0

2 years ago

Zachary Manufacturing Company has an opportunity to purchase some technologically advanced equipment that will reduce the compan

Svet_ta [14]

Answer:

IRR = 8%

Don't accept the project

Explanation:

The internal rate of return is the discount rate that equates the after tax cash flows from an investment to the amount invested.

IRR can be calculated using a financial calculator:

Cash flow in year 0 = -9,187,846.67

Cash flow each year from year 1 to 11 = 1287000

IRR = 8%

Because the IRR is less than the hurdle rate, the project shouldn't be accepted.

To find the IRR using a financial calacutor:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. After inputting all the cash flows, press the IRR button and then press the compute button.

I hope my answer helps you

6 0

3 years ago

Read 2 more answers