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1 year ago

Weighted shortest job first gives preference to jobs with which two characteristics? (choose two. )

1 answer:

5 0

Weighted Shortest Job First gives preference to jobs with characteristics such as, first, the size of the project (smaller is better) Second, the value of the project (higher is better).

In order to determine a relative ranking, Weighted Shortest Job First (WSJF) uses a technique for assigning a weight, or value, to each job, and then by dividing that by the length of the job. It also gives preference to jobs with characteristics such as the size and value for a project.

Weighted Shortest Job First is a prioritization model used to sequence jobs eg., capabilities, features, and epics in order to produce maximum economic benefit.

Hence, WSJF prefers such characteristics.

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Crinkle Cut Clothes Company manufactures two products CC1 and CC2. Current direct material and direct labor costs are detailed b

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Answer:

The correct answer is D.

Explanation:

Giving the following information:

Next year's overhead is estimated to be $338,250.

Direct labor costs $28 per hour and the company expects to manufacture 22,000 units of CC1 and 91,000 units of CC2 next year.

CC1: Direct Labor Dollars Per Unit $22.40

CC2: Direct Labor Dollars Per Unit $15.40

First, we need to calculate the number of direct labor hours required:

CC1= 22.4/28= 0.8 direct labor hours per unit

CC2= 15.4/28= 0.55 direct labor hours per unit

CC1= 22,000 units* 0.8= 17,600 hours

CC2= 91,000* 0.55= 50,050 hours

Total= 67,650 hours

To calculate the estimated manufacturing overhead rate we need to use the following formula:

Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Estimated manufacturing overhead rate= 338,250/ 67,650= %5 per direct labor hour

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3 years ago

If we look at the equation for money demand from Irving Fisher, which of the following statements is true?

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Answer:

The correct answer is option D.

Explanation:

The money equation given by Irving fisher is popularly known as fisher's equation.

The equation is given as MV=PT

Here, M represents money supply, V is the velocity of money, P is the price level and T refers to the volume of transactions or output level.

The supply of money refers to the quantity of money in existence while the velocity of transactions shows the number of times, money changes hands. Together they show the volume of money in circulation.

P is the average price level and T represents the expenditures on all transactions or, in other words, output level.

Here, V and T are assumed to be constant. This means that the money supply directly affects the price level.

There is no explicit mention of the interest rate in this equation.

So, option D is the correct answer.

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