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Ludmilka [50]
3 years ago
5

Points: 12©2006 Capsim Management Simulations, Inc.® The Chester company will continue to train their existing workforce at thei

r current level to help reduce turnover and improve productivity next year. Employee training costs have increased to $30 per hour. How much would their training costs per employee be to the nearest dollar? Select: 1Save Answer $2,382 $1,182 $400 $1,200
Business
1 answer:
givi [52]3 years ago
7 0

Answer:

$1,200

Explanation:

Calculation for how much would their training costs per employee be

Using this formula

Training cost per employee = Number of hours × Training cost per hour of employee

Let plug in the formula

Training cost per employee= 40 × $30

Training cost per employee= $1,200

Therefore how much would their training costs per employee be is $1,200.

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ayton Inc. reports in its Year 7 annual report, sales of $7,362 million and cost of goods sold of $2,945 million. For next year,
maks197457 [2]

Answer: $2,974.45 million

Explanation:

Cost of goods sold for Year 7 = $2,945 million

Cost of goods sold is expected to increase by 1%.

Cost of goods sold in Year 8 will be:

= 2,945 * (1 + 1%)

= $2,974.45 million

3 0
3 years ago
When selecting a volume-based cost driver, the goal is to: a. Choose a period where a cost driver is at a low level so that over
Yuliya22 [10]

Answer: The correct answer is "e. Choose an input that varies in a pattern that is most similar to the pattern with which overhead costs vary".

Explanation: When selecting a volume-based cost driver, the goal is to: <u>Choose an input that varies in a pattern that is most similar to the pattern with which overhead costs vary, </u>so that it does not find so much difference between both patterns, so that these are similar.

<u></u>

<u />

7 0
3 years ago
Part S00 is used in one of Morsey Corporation's products. The company makes 6,000 units of this part each year. The company's Ac
Vsevolod [243]

Question

Part S00 is used in one of Morsey Corporation's products. The company makes 6,000 units of this part each year. The company's Accounting Department reports the following costs of producing the part at this level of activity:

                                                                           $

Direct material                                                  1.4

Direct labour                                                    2.4

Variable manufacturing overhead                  7.2

Supervisors salary                                           3.6

Depreciation of special equipment               8.9

Allocation of general overhead                     4.5

An outside supplier has offered to produce this part and sell it to the company for $16.10 each. If this offer is accepted, the supervisor's salary and all of the variable costs, including direct labor, can be avoided. The special equipment used to make the part was purchased many years ago and has no salvage value or other use. The allocated general overhead represents fixed costs of the entire company. If the outside supplier's offer were accepted, only $6,000 of these allocated general overhead costs would be avoided. If management decides to buy part S00 from the outside supplier rather than to continue making the part, what would be the annual impact on the company's overall net operating income?

Answer:

Impact on overall profit  = $3,000

Explanation:

Relevant costs for this decision includes

  1. Variable cost
  2. Attributable portion ( avoidable) of fixed overhead

Unit variable cost = 1.4 + 2.4 +7.2 + 3.6= $14.6

Notes

The depreciation of equipment cost  is not a relevant cost. it is a sunk cost. Also, only the directly attributable overhead of $6000 would be considered, balance represents unavoidable cost that would be incurred either way

                                                                                                           $

Variable cost of making          (14.6 ×6,000)   =                             87,600

Variable cost of external =    (16.10 ×6,000) =                               <u>96,600 </u>

Extra variable cost of buying                                                        9,000

Savings in allocated general overhead                                       <u>(6,000)</u>

Net Savings in cost                                                                         <u>3,000</u>

<u />

Impact on overall profit  = $3,000

3 0
4 years ago
Most amateur athletes eventually become professional athletes.<br> True<br> False
andrey2020 [161]

Answer:

False

Explanation:

6 0
3 years ago
Hamilton Corp. is making a $4.5mn securities offering under Rule 505 of Regulation D of the Securities Act of 1933. Under this r
Eva8 [605]

Hamilton is Limited to selling to no more than 35 non-accredited investors.

Explanation:

To qualify for this exemption, no more than 35 non-accredited investors may be involved.

There is no limit on the number of accredited investors who may be involved.

A non-accredited private investor is one with a net worth of under $1 million (including the spouse) who earning about $200.000 annually ($300.000 with the spouse) in the last two years. Individuals who do not fulfill the net interest criteria of a accredited investor under the Securities & Exchange Board Regulation D.

An comprehensive disclosure statement in nearly as great depth as is appropriate for an originally approved public offering by the Securities and Exchange Commission must be issued to each non-accredited investor.

5 0
3 years ago
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