Last year, baldwin corp paid their workers $26. 81 per hour. how much will they be paying them 2 rounds from then?
1 answer:
Last year, Baldwin corp paid their workers $26. 81 per hour. They will be paid $29.56 two rounds from then.
It is shown from Baldwin's statement that they increase the salaries of workers by 5% every year.
In 2 rounds/years, therefore, the salary will be:
= 26.81 × (1 + 5%) ²
= 26.81 * 1.05²
= 29.558025
= $29.56
Therefore in 2 rounds from now, they will be paid $29.56.
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EOQ = 72 units
Explanation:
Annual demand D = 1,286 units
Ordering cost S = $47
Holding percentage I = 35%
So, 0 - 199 units, the unit cost is $66
EOQ =
EOQ =
EOQ =
EOQ = 72.33998613
EOQ = 72 units
Answer:
Some financial details with which to calculate the bid price are missing,find them in the attached question.
The bid price if the predetermined overhead rates have applied is $112,473.00 as shown below
Explanation:
a) Plantwide Overhead Rate = Manufacturing overhead/direct labor cost=$1,543,610.00/$947,000.00
Plantwide Overhead Rate = $1.63
Total Manufacturing Cost = Direct Material + Direct Labor + overhead applicable
Total Manufacturing Cost = $18,700.00+$21,400.00 + $(21400*1.63 )
Total Manufacturing Cost = $ 74,982
Bid Price = Total Manufacturing Costs *1.5(150%)
Company's Bid Price = $74,982.00*1.5
Company's Bid Price = $ 112,473.00
