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Luba_88 [7]
3 years ago
15

Probett's Auto Body Repair Shop had revenues that averaged $90,000 per week in April and $80,000 per week in May. During both mo

nths, the shop employed six full-time (40 hours/week) workers. In April the firm also had four part-time workers working 25 hours per week but in May there were only 2 part-time workers and they only worked 10 hours per week. What is the percentage change in labor productivity from April to May for Probett's Auto Body Repair?
Business
1 answer:
Dmitriy789 [7]3 years ago
6 0

Answer:

For April, revenue was $90,000 and labor hours were 4x[(40x6)+(25x4)]. This is 90,000/1,360 = 66.18 dollars per hour of labor. For May, revenue was $80,000 and labor hours were 4x[(40x6)+(10x2)] This is 80,000/1,040 =  77 dollars per hour of labor a difference of $ 10.82per hour. The percentage change in productivity between April and May, then, is 3.95/44.12 = 0.1634935026x 100 = 16.35%

good luck ❤

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At December 31, Tremble Music had account balances in Accounts Receivable of $300,000 and in Allowance for Uncollectible Account
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Answer:

The balance of uncollectible accounts after the adjustment will be $15,000

Explanation:

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So, the balance of the uncollectible accounts will be computed as:

Uncollectible accounts = Account receivable balance × % which will not collected

where

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Putting the values above:

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8 0
3 years ago
The following selected information is from Princeton Company’s comparative balance sheets. At December 31 2017 2016 Common stock
lukranit [14]

Answer:

Princeton Company

The T-accounts are attached.

Explanation:

They can also be obtained as follows:

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Download xlsx
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Answer:

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