Answer:
a. What are the maximum and minimum cycle times?
The maximum cycle time is 60 minutes and the minimum cycle time is 2.4 minutes.
b. How much daily output will be achieved by each of those cycle times?
Daily output = CT = A/R
For max CT = 480/60 = 8 units per day
For min CT = 480/2.4 = 200 units per day.
2. In problem 1, suppose the line is balanced using 14 workstations and a finished product can be produced every 4.5 minutes.
a. What is the production rate in units per day?
CT = A/R or 4.5 = 480/R or R = 106.66 units/day
b. What is the assembly-line efficiency?
Efficiency = 60/[4.5(14)] =0.95 or 95.2% percent efficiency.
Answer:
$84
Explanation:
The computation of each unit of the company's inventory under absorption costing is shown below:
= Direct material used + Direct labor + Variable manufacturing overhead + Fixed manufacturing overhead
= $12 + $18 + $25 + $29
= $84
We simply added the first four-unit cost through which total unit cost would come
All other information which is given is not relevant. Hence, ignored it
Answer:
The return from the bond is 5% per year before tax. And the tax is 32%.
After tax rate of return = Interest rate * (1-tax rate)
= 5% * (1-32%)
= 0.05 * 0.68
= 0.034
= 3.4%
Thus, the after tax of return from the bond is 3.4%
The interest of the taxable income corporate bond is taxed annually. Hence, the change in the investment maturity period would not affect the after tax rate of return from bond. The annual after tax rate of bond would not change irrespective of the investment maturity period. The after tax rate of return of corporate bonds would be the same 3.4% even in the case of 10 years maturity period.
<span>The answer is good faith. In
section 1-201 of the Uniform Commercial Code good faith is defined normally
as “honesty in fact in the conduct or transaction concerned.” Article 2 of the
U.C.C. says “good faith in the case of a merchant means honesty in fact and the
observance of reasonable commercial standards of fair dealing in the trade.”
Similarly, Article 3 on negotiable instruments describes good
faith as “honesty in fact and the observance of reasonable commercial
standards of fair dealing,” an explanation which also applies to the provisions
of Article 4 on bank deposits and collections and Article 4A on funds
transfers. The U.C.C. enforces an obligation of good faith on the performance
of every contract or duty under its purview. The law also generally necessitates
good faith of fiduciaries and agents acting on behalf of their principals.
There is also a necessity under the National Labor Relations Act that employers
and unions bargain in good faith. </span>