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3 years ago

A new product made from recycled bio-plastics needs 17 labor hours to complete the build for the first unit.

Business

1 answer:

alex41 [277]3 years ago

8 0

Answer:

12.3 hours

Explanation:

The formula that is used to calculate the average time to produce a unit:

y = aQ^b

y = Average time to produce one unit.

a = Time necessary to produce the first unit.

Q = Cumulative production in units.

b = Learning rate which is calculated using: log (percentage learning rate)/log 2.

In this case, we have to start by calculating b:

b= Log0,87/log2= -0.139/0.693= -0.200

Then, we have that a= 17 and Q=5 and replace this on the formula for the average time to produce one unit:

y= 17* 5^-0.200

y= 17*0,724= 12,3

According to this, the average labor hours required per unit to produce five units is 12.3 hours.

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At Bargain Electronics, it costs $30 per unit ($20 variable and $10 fixed) to make an MP3 player that normally sells for $45. A

Burka [1]

Answer:

The special order should be : Accepted

Explanation:

<u>Analysis of whether or not to accept special order</u>

Revenues (3,000 x $25) $75,000

Less Variable expenses :

Costs - Manufacturing (3,000 x $20) ($60,000)

Shipping (3,000 x $3) ($9,000)

Net Income $6,000

Conclusion :

Since Net Income has increased by $6,000 as a result of special order, it should be accepted

6 0

2 years ago

Most companies have the need for a _________ department that can quickly repair and troubleshoot systems, as well as provide tec

iragen [17]

Answer:

IT Department

Explanation:

Most companies have the need for an <em>IT</em> department that can quickly repair and troubleshoot systems, as well as provide technical support to employees.

An T Department takes care of all the technical streams running throughout the office. f any error or shortcoming occurs, the IT department makes sure they get rid of the bug that is causing the glitch.

They help the employees and provide them with technical support, since now a days, companies are 50% based on technology and any trouble can cause harm to the organization.

4 0

3 years ago

Find the EAR in each of the following cases (Use 365 days a year. Do not round intermediate calculations and enter your answers

postnew [5]

Answer and Explanation:

The computation of the effective annual rate in each of the following cases are

Effective annual rate = [(1+annual percentage rate ÷ period)^period]- 1

= (1 +0 .09 ÷ 4)^4 - 1

= 9.31%

Effective annual rate = [(1+annual percentage rate ÷ period)^period]- 1

= (1 + 0.16 ÷ 12)^12-1

= 17.23%

Effective annual rate = [(1+annual percentage rate ÷ period)^period]- 1

= (1 + 0.12 ÷ 365)^365-1

= 12.75%

4 .

Effective annual rate = [(e)^Annual percentage rate]-1

e=2.71828

So,

=[(2.71828)^0.11]-1

= 11.63%

4 0

3 years ago

On November 1, 2018, Reid Corporation acquired bonds with a face value of $700,000 for $673,618.61. The bonds carry a stated rat

Evgen [1.6K]

Answer:

Nov 1 2018

Dr Bonds receivable 700,000

Cr Cash 67,3618.61

Cr Discount on bonds receivable 26,381.39

April 3 2019

Dr Cash 35,000

Dr Discount on bonds receivable 2,049.02

Dr Interest revenue 37,059.02

Oct 31, 2019

Dr Cash 35,000

Dr Discount on bonds receivable 2,049.02

Cr Interest revenue 37,059.02

Nov 1, 2019

Dr Cash 700,000

Dr Discount on bonds receivable 22,283.25

Cr Notes receivable 700,000

Cr Profit on sale bonds receivable 22,283.25

Explanation:

Preparation of the journal entries to record the following:

Purchase of the bonds

Interest receipts on April 30, 2019 and October 31, 2019

Sale of the bonds.

Journal entries

Nov 1 2018

Dr Bonds receivable 700,000

Cr Cash 67,3618.61

Cr Discount on bonds receivable 26,381.39

(700,000-67,3618.61)

(To record Purchase of bonds)

April 30 2019

Dr Cash 35,000

(700,000*10%*6/12)

Dr Discount on bonds receivable 2,049.02

(37,059.02-35,000)

Dr Interest revenue 37,059.02

(673,618.61*11%*6/12)

(To record Interest receipts)

Oct 31, 2019

Dr Cash 35,000

Dr Discount on bonds receivable 2,049.02

(37,059.02-35,000)

Cr Interest revenue 37,059.02

(673,618.61*11%*6/12)

(To record Interest receipts)

Nov 1, 2019

Dr Cash 700,000

Dr Discount on bonds receivable 22,283.25

($26,381.39-$2,049.02-$2,049.02)

Cr Notes receivable 700,000

Cr Profit on sale bonds receivable 22,283.25

(To record Sale of the bonds)

8 0

3 years ago

A laser surgical tool has a cost basis of $100,000 and a five-year depreciable life. The estimated SV of the laser is $20,000 at

VARVARA [1.3K]

Answer:

The annual depreciation under SL is $16000 per year.

Explanation:

The depreciation expense under Straight Line (SL) method remains constant throughout an asset's useful life. The depreciation under straight line method is calculated by calculating the value of the asset that is eligible for depreciation, which is its cost less the salvage value (SV) and dividing it by the asset's useful life.

The straight line depreciation per year = (Cost - SV) / estimated useful life

Annual depreciation under SL = (100000 - 20000) / 5 = $16000 per year

4 0

3 years ago