Answer:
Explanation:
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Answer: Company B
Explanation:
Current company:
Average time = 40 minutes
Cost = Average time x researcher cost
= 40 x $2
= $80
= $5
Company A:-
Company A will reduce the current average time by 10 minutes
Average time = 40 - 10
= 30 minutes
Cost per search = $3.50
Cost = Average time x Researcher cost + cost per search
= 30 x $2 + $3.50
= $63.50
= $6.29
Company B:-
Company B will reduce the current average time by 12 minutes
Average time = 40 - 12
= 28 minutes
Cost per search = $3.60
Cost = Average time x Researcher cost + cost per search
= 28 x $2 + $3.60
= $59.60
= $6.71
The revenue per dollar of input of:
Current Company = $5,
Company A = $6.29 and
Company B = $6.71.
The highest productivity in terms of revenue per dollar of input is provided by Company B.
Answer:
Fixed overhead application rate
= <u>Budgeted fixed overhead</u>
Budgeted direct labour hours
= <u>$200,000</u>
25,000 hours
= $8 per diect labour hour
Fixed overhead volume variance
= (Standard hours - Budgeted hours) x Fixed overhead application rate
$8,000 = (SH - 25,000) x $8
$8,000 = 8SH - 200,000
$8,000 + $200,000 = 8SH
$208,000 = 8SH
SH = $208,000/8
SH = 26,000 hours
Fixed manufacturing overhead application rate
= 26,000 hours x $8
= $208,000
The correct answer is C
Explanation:
In this case, we need to calculate the fixed overhead application rate, which is the ratio of budgeted fixed overhead to budgeted direct labour hours.
Then we will determine the standard hours from fixed overhead volume variance. Since budgeted hours and fixed overhead volume variance have been given, we need to make standard hours the subject of the formula.
Finally, we will calculate the fixed overhead applied, which is the product of fixed overhead application rate and standard hours.
The correct answer is purchasing process.
Anytime that inventory needs to be ordered there is a process that needs to be followed. Quite often, this process is going to involve a purchase order. A purchase order is a document that the buyer issues to a seller. It is an official order being placed and includes all of the purchase information like brand, specifications, price, quantity and shipping costs. A possible process in this case would be that Joel would supply all of the information to the purchasing department, the purchasing department would create the purchase order and then a manager would sign it and send it to the supplier.
Answer:
continuous compounding rate = 5.61 %
semi annual compounding rate = 5.34 %
Explanation:
The effective interest rate is also known as the continuous compounding rate. This is the interest amount that if compounded once a year, would give us the same results as interest per period compounded a number of times a year.
continuous compounding rate :
5.5% Shift NOM %
4 P/YR
SHIFT EFF % = 5.61 %
semi annual compounding :
SHIFT EFF % = 5.61 %
2 P/YR
SHIFT NOM % = 5.34 %