People get too stressed when they try to work fast

Kouba Corporation is working on its direct labor budget for the next two months. Each unit of output requires 0.52 direct labor-

Anvisha [2.4K]

Answer:

Kouba Corporation

Direct labor budget for April and May:

April May

Production in units 1,700 1,600

Direct labor-hours per unit 0.52 0.52

Total direct labor-hours needed 884 832

Total direct labor-hours paid 960 960

Direct labor rate $9.00 $9.00

Total direct labor cost $8,640 $8,640

Explanation:

a) Data and Calculations:

April May

Production in units 1,700 1,600

Direct labor-hours per unit 0.52 0.52

Total direct labor-hours needed 884 832

Total direct labor-hours paid 960 960

Direct labor rate $9.00 $9.00

Total direct labor cost $8,640 $8,640

Idle hours paid for 76 128

Cost for idle hours $684 $1,152

b) The Kouba Corporation pays its workers for a total of 204 idle hours with a total cost of $1,836 for the two months period. This amount is substantial, about 10% of the total amount paid for the two months.

6 0

3 years ago

Antiques R Us is a mature manufacturing firm. The company just paid a dividend of $11.90, but management expects to reduce the p

GrogVix [38]

Answer:

The price of the stock is $66.5

Explanation:

The constant growth model of the DDM approach will be used to calculate the price of such a stock today.

The formula for the constant growth model is,

P0 or V = D0*(1+g) / r - g

As the growth rate in the company's dividedn is negative, the growth rate will be -5%.

The price of the stock is,

P0 = 11.9 * ( 1 - 0.05) / 0.12 + 0.05

P0 = $66.5

6 0

3 years ago

Xia Co. currently buys a component part for $5 per unit. Xia believes that making the part would require $2.25 per unit of direc

belka [17]

Answer:

Xia Co.

1-a. The relevant costs for Xia Co. to make or buy the part:

Direct materials $2.25

Direct labor 1.00

Incremental overhead 0.75

Total relevant cost $4.00

1-b. Xia should make the part. It will cost Xia $4.00 to make the component while it costs it $5.00 to buy. It should therefore, make the component.

Explanation:

a) Data and Calculations:

Price of buying component = $5

Cost of making component:

Direct materials $2.25

Direct labor 1.00

Incremental overhead 0.75

Total relevant cost $4.00

b) The relevant cost for making the component is $4.00. The overhead cost based on 200% direct labor is not a relevant cost. It is an allocated fixed cost and must be incurred whatever decision is taken. By making the component, Xia Co. will be netting in a unit contribution of $1 ($5.00 - $4.00) with the alternative of buying.

8 0

3 years ago

On July 31, year 2, Tern Co. amended its single employee defined benefit pension plan by granting increased benefits for service

san4es73 [151]

Answer:

Options Include:

1. Years before Year 1 only.

2. Year 1 only.

3. Year 1 and years before and following Year 1.

<em>4. Year 1 and following years only. is Correct</em>

Explanation:

Prior cost of service is acknowledged whenever a contract is changed to provide added benefits for services previously received by workers.

The amortization of the prior service expense must be acknowledged as an element of the retirement cost during the future service periods of all those workers whom are active on the date of the plan modification and are entitled to receive rewards under the Scheme.

<em>Therefore, prior service costs are expressed throughout the financial statements for Year 1 once the plan was modified and even in the years that follow when it is amortized.</em>

4 0

3 years ago

CareerBuilder has posted a variety of sales management positions. Some require the manager to have five to ten years of experien

lubasha [3.4K]

Answer:

True

Explanation:

Job Specification is comprehensive set statement to demonstrate the pre-requisite of any job for which any hiring is to be done. Job specification includes information about job designation, location , roles and responsibilities, qualifications, skill set required, experience in terms of number of years, job objective and other necessary details specific to the job.

The objective of job specification is

To ensure that people with only right skill apply for job
It makes easier to filter out candidates based on the mapping of requirement and candidate profile
It makes easier for hired person to understand his responsibilities and get molded it into the role easily.

Since the problem says that Career builder has posted for sales management position which includes information on number years of experience and educational qualification, which is part of job specification and hence the statement is true.

5 0

3 years ago