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Natali5045456 [20]
3 years ago
13

Pooler Corporation is working on its direct labor budget for the next two months. Each unit of output requires 0.74 direct labor

-hours. The direct labor rate is $10.40 per direct labor-hour. The production budget calls for producing 7,200 units in April and 6,800 units in May. The company guarantees its direct labor workers a 40-hour paid work week. With the number of workers currently employed, that means that the company is committed to paying its direct labor work force for at least 5,480 hours in total each month even if there is not enough work to keep them busy. What would be the total combined direct labor cost for the two months
Business
1 answer:
Misha Larkins [42]3 years ago
8 0

Answer:

$164,736

Explanation:

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A benchmark market value index is comprised of three stocks. yesterday the three stocks were priced at $12, $20, and $60. the nu
Olenka [21]

Answer: The one day rate of return on the stock is 1.49%

We arrive at the answer in the following manner:

First we need to calculate yesterday's and today's index values.

For that we need to find weights of each day based on market capitalization.

Market Capitalization _{ a stock} = Market Price * No .of outstanding shares

The weight of a company in the index is calculated by dividing the market capitalization  of a company by the total market capitalization of all the companies whose shares are a part of the index.

Weight_{Company A} =\frac{Mkt Cap of company A}{Total Market cap}

Then, we multiply the share price of each company with their respective weights and find the total to arrive at the index value for one day.

<u>Yesterday's Index Value</u>

Stock        Price         No. of shares      Mkt Cap  Weight  Weight*Price

A               12               600000        7200000      0.25      2.96 (0.25*12)    

B               20               500000       10000000    0.34      6.85(0.34*20)

C               60               200000       <u>12000000</u>     <u>0.41</u>      <u>24.66  </u>(0.41*60)

Total                                                 29200000     1.00      34.47

We calculate the weight for stock A as follows:

Weight_{A} =\frac{72,00,000}{2,92,00,000} = 0.2466 = 0.25

We calculate the weights of the remaining stocks in a similar manner.

Please note that the sum total of all weights must add up to 1.

The sum total of the last column (Price * Weight) is yesterday's index value.

We repeat the same steps with today's market price to arrive at today's index value.

<u>Today's index Value</u>

Stock        Price   No. of shares       Mkt Cap     Weight    Weight*Price

A               16               600000       96,00,000     0.31        4.95 (0.31*16)    

B               18               500000       90,00,000     0.29       5.23  (0.29*18)

C               62               200000    <u>1,24,00,000</u>     <u>0.40</u>     <u>24.80</u>(0.40*62)

Total                                                3,10,00,000     1.00     34.98

<u>One-day Rate of Return</u>

We can calculate the one day rate of return on the index as follows:

Rate of return = [\frac{(Today's index value - Yesterday's index value}{Yesterday's index value}) * 100

Rate of Return = ( \frac{34.98 - 34.47}{34.47}) * 100

Rate of return = (\frac{0.51}{34.47}) *100

Rate of return = 0.01494 or 1.49%

8 0
3 years ago
Under what conditions would you recommend using each of these funding methods to pay for information systems expenses: allocatio
Arada [10]

Answer:

The conditions under which each funding method for paying for IT system expenses would be recommended are:

Allocation method is preferred to other methods when actual usage cannot be captured but, some other cost drivers can be used as the allocation bases.

Chargeback method works better than others when actual usage by each unit can be accurately captured.

Explanation:

The Allocation Funding Method charges IT costs to individuals, departments, or business units based on revenues, number of employees, and other cost drivers and not based on usage. It is often used when actual usage cannot be recorded.

The chargeback method charges IT costs to individuals, departments, or business units based on their actual usage of the IT services.  With wide variation in IT usage, business units need to be charged their actual costs consumed.

The corporate budget method allocates IT cost based on a periodic predetermined rate. It is used where unit managers need to be given control over their budgets, enabling them to search for cost-saving technologies.

6 0
2 years ago
A company delivers packages by truck and would like to minimize the length of the route that each driver must travel in order to
Dovator [93]

Answer:

Algorithm II uses a heuristic approach to provide an approximate solution in reasonable time.

Explanation:

6 0
2 years ago
Which of these cancellations of debt would be includable in income?
motikmotik

Answer:

Recourse debt.

Explanation:

Cancelled recourse debt are included as income and are taxable. Taxpayer get the benefit for using the money but does not have burden to repay the amount. These are mainly, prizes, awards on winning any contest etc. Debt which are forgiven or cancelled by lender are considered as Income and taxable. The law say that income from discharge of indebtness are included as income.

3 0
3 years ago
You can buy commercial paper of a major u.S. Corporation for 495000 $ the paper has face value of 500000 $ and in 45 days from m
BartSMP [9]

Answer:

Discount yield is 8%

Bond equivalent yield is 8.19%

Explanation:

The discount yield on the commercial paper is calculated as:

(($500,000 - $495,000)/$500,000 ) x (360/45)

= ($5,000/$500,000 x (360/45)

= 0.01 x 8

= 0.08

= 8%

And bond equivalent yield is calculated as:

(($500,000 - $495,000)/$495,000) x (365/45)

= ($5,000/$495,000) x 8.11

= 0.0101 x 8.11

= 0.0819

= 8.19%

7 0
3 years ago
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