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SOVA2 [1]
3 years ago
14

Coach Bjourn Toulouse led the Big Red Herrings to several disappointing football seasons. Only better recruiting will return the

Big Red Herrings to winning form. Because of the current state of the​ program, Boehring University fans are unlikely to support increases in the​ $192 season ticket price. Improved recruitment will increase overhead costs to ​$31,000 per class section from the current ​$27,000 per class section. The​ university's budget plan is to cover recruitment costs by increasing the average class size to 85 students. Labor costs will increase to ​$7,200 per 3​-credit course. Material costs will be about ​$35 per student for each 3​-credit course. Tuition will be ​$200 per semester​ credit, which is supplemented by state support of ​$80 per semester credit.What is the multifactor productivity ratio? Compared to the result obtained in Problem 1, did productivity increase or decrease for the course process?
Business
1 answer:
Reika [66]3 years ago
5 0

Answer:

Explanation:

a. Revenue from improving recruitment:

Tuition per semester labor hour is $200 per semester credit

Revenue from state = $80 per semester credit

Expenses from improving recruitment,

Labor cost = $7200

Material cost = $35 per student

Number of students per class = 85

So, Total material costs = 85 x 35 = $2975

Overhead costs = $31000

Output for 3 credit hour= number of students x revenue x credit hours

 = 85 x (200+80)x3 = $71400

Multifactor productivity related to improving recruitment= Output/(Labor cost+ material cost+ overhead)  = 71400/ (7200+2975+31000) = 71400/41175 = 1.734

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Starling Company purchased machinery at the beginning of Year 1 at a cost of $86,100. The machinery has an estimated life of fiv
Alja [10]

Answer:  $10,906

Explanation:

Given that,

Purchased machinery at the beginning of Year 1 = $86,100

machinery has an estimated life of five years,

Estimated residual value = $4,305

Accumulated depreciation = $49,077 at the end of Year 2

Year 3 Depreciation expense:

= \frac{Cost\ of\ machinery - Estimated\ residual\ value - Accumulated\ depreciation}{3}

= \frac{86,100 - 4,305 - 49,077}{3}

= $10,906

5 0
3 years ago
How do you make a deposit form?
Anna11 [10]
A deposit is a sum of money placed or kept in a bank account, usually to gain interest
6 0
3 years ago
One of the basic premises in finance is that when the risk of an investment is high, the rate of return required by the investor
Aleks04 [339]

Answer:

A. High

Explanation:

When an investment is considered risky, investors would demand a high rate of return as compensation for holding a risky investment.

The required rate of return is usually higher than the short term t bills rate.

I hope my answer helps you.

5 0
3 years ago
Who was assassinated during a visit to Sarajevo in Bosnia?
Lostsunrise [7]
Arch duke of Fran's Ferdinand. Hope this helps
8 0
3 years ago
Read 2 more answers
gThe following data are available for Martin Solutions, Inc. Year 2 Year 1 Sales $1,139,600 $1,192,320 Beginning inventory 80,00
Vaselesa [24]

Answer and Explanation:

The computation is shown below;

For Year 1

Average inventory = (Beginning inventory + Ending inventory)÷ 2

= ($64,000 + $80,000) ÷ 2

= $72,000

Inventory turnover = Cost of goods sold  ÷ Average inventory

= $606,000 ÷ 72,000

= 8.4 times

Days in inventory = 365 ÷ Inventory turnover ratio

= 365 ÷ 8.4

= 43.5 days

For Year 2

Average inventory = (Beginning inventory + Ending inventory) ÷ 2

= ($80,000 + $72,000) ÷ 2

= $76,000

Inventory turnover = Cost of goods sold ÷ Average inventory

= $500,800 ÷ 76,000

= 6.6 times

Days in inventory = 365 ÷ Inventory turnover ratio

= 365 ÷ 6.6

= 55.3 days

3 0
2 years ago
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