1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Nataly_w [17]
3 years ago
8

Sailmaster makes high-performance sails for competitive windsurfers. below is information about the inputs and outputs for one m

odel, the windy 2000. units sold 1,217 sales price each $1,700 total labor hours 46,672 wage rate $12/hour total materials $60,000 total energy $4,000 calculate: i. the productivity in sales revenue/labor expense ii. the total productivity.
Business
1 answer:
weqwewe [10]3 years ago
7 0

Answer:

(A) The productivity in sales revenue/labour expense = 3.69

(B) Total productivity = 3.31

Explanation:

Sailmaster makes high performance sale for competitive windsurfers

The units sold is 1,217

The sales price is $1,700

The total labour hours is 46,672

The wave rate is $12

The total materials cost is $60,000

Total energy is $4,000

(A) The productivity in sales revenue/labour expense can be calculated as follows

= units sold×sale price/total labour×wage rate

= 1,217×1,700/46,672×12

= 2,068,900/560,064

= 3.69

(B) The total productivity can be calculated as follows

=1,217×1700/(46,672×12)+(60,000+4,000)

= 2,068,900/560,064+64,000

= 2,068,900/624,064

= 3.31

Hence the productivity in sales revenue/labour expense is 3.69 and the total productivity is 3.31

You might be interested in
After 1989, Donna purchased series EE savings bonds for $2,500 at the age of 25. This year she redeemed the bonds for $5,000 and
Orlov [11]

Answer:

$1,000

Explanation:

Donna purchased series of savings bond for $2,500 at the age of 25

This year Donna redeemed the bond of $5,000

She paid $3,000 as expenses for her daughter education

The first step is the calculate the interest income

= $3,000/$5,000 × $2,500

= 0.6 × $2500

= $1,500

Therefore the interest that will be required by Donna to include in her gross income this year can be calculated as follows

= $2,500-$1,500

= $1,000

Hence Donna is required to include an interest of $1,000 in her gross income this year

3 0
2 years ago
Foster Manufacturing uses a job order cost accounting system. On April 1, the company has Work in Process Inventory of $7,600 an
Andrej [43]

Answer:

<u>Foster Manufacturing </u>

<u>Journal Entries</u>

<u>Sr. No                       Particulars                       Debit           Credit</u>

1                    Work in Process Job No. 221        1200

                    Work in Process Job No. 222      1700

                   Work in Process Job No. 223       2400

                    Work in Process Job No. 224      2600

         Factory Overhead  Indirect Materials      600

                              Materials Inventory                                  8500

Materials Requisitioned to specific jobs work in process inventory.

2. Direct Labor    Work in Process Job No. 221        1600

     Direct Labor  Work in Process Job No. 222      2200

  Direct Labor    Work in Process Job No. 223       2900

    Direct Labor Work in Process Job No. 224      2800

                                                   Indirect Labor      400

                                      Payroll                                               9500

                                         Factory OverheadControl               400

Direct Labor used for specific jobs.

3.          Work in Process Job No. 221              1120

                    Work in Process Job No. 222      1540

                   Work in Process Job No. 223       2030

                    Work in Process Job No. 224      1960  

                         Manufacturing Overheads                            6930

Manufacturing Overheads applied to specific jobs at the rate of 70%.

4.     Finished Goods Inventory          $ 7940

      Opening   Work in Process Job No. 221                       3600

         Work in Process Job No. 221 Materials                     1200

         Work in Process Job No. 221 Direct Labor               1600

         Work in Process Job No. 221 MOH                          1540

Job 221 completed and transferred to finished goods.

                   

3 0
3 years ago
ST Trucking just signed a $3.8 million contract. The contract calls for a payment of $1.1 million today, $1.3 million one year f
Doss [256]

Answer:

The worth of the contract today = $3,480,817.37

Explanation:

To determine the worth of the contract today,

We will work out the present value of each of the expected future cash cash payment at a discount rate rate of 8.7% and sum them.

The present valus of the payments indicate how much they worth today if the ST Trucking can invest at a rate of 8.7% per annum

This is done as follows:

PV = 1,100,00× (1.087)^(-0)  + (1,300,000 × (1.087)^(-1) + (1400000 ×(1.087)^(-2)

PV = 1,100,000 +  1,195,952.2 +  1,184,865.2

    =  $3,480,817.37

The worth of the contract today = $3,480,817.37

7 0
2 years ago
Under NASAA rules, if a customer wishes to trade a margin account prior to returning the signed margin agreement, such an action
Flauer [41]

Answer:

Explanation:

This action is only permitted if the customer returns the signed margin agreement promptly. Since a margin agreement is an agreement between a brokerage and a client governing a margin account and allows the client to borrow from the brokerage in order to buy securities. Without agreeing to all the details in this contract the individual cannot trade on a margin account or borrow money.

3 0
3 years ago
The generator is a popular youth hostel in london located near kings cross. The hostel provides a bed, showers, and breakfast in
seropon [69]

Answer:

The answer is $2000.

Explanation:

Total surplus = Consumer surplus + Producer surplus

                      = [ 0.5 (50-0) x ( 90 -45)] + [ 0.5(50-0) x (45 - 10)]

                      = [ 0.5 x 50 x 45] + [ 0.5 x 50 x 35]

                      = 1125 + 875

Total Surplus = $2000.

5 0
3 years ago
Read 2 more answers
Other questions:
  • "The price (P) of designer jeans is affected by the supply (S) and the demand (D).
    14·2 answers
  • Magnolia, Inc., manufactures bedding sets. The budgeted production is for 17,700 comforters this year. Each comforter requires 7
    12·2 answers
  • Select the correct statement regarding break-even point analysis.
    12·1 answer
  • Kingbird, Inc. has the following inventory data:
    14·1 answer
  • Granfield Company has a piece of manufacturing equipment with a book value of $44,500 and a remaining useful life of four years.
    15·1 answer
  • Which of the following is the primary cause of salary compression? A. taxes B. inflation C. interest rates D. collective bargain
    14·1 answer
  • Explain the difference between the proportional method and the incremental method of allocating the proceeds of lump-sum sales o
    5·1 answer
  • During year 1 meriwerher construction company started a construction job with a contract price 3,000,000 the job was completed i
    8·1 answer
  • xcel how many months can a life insurance policy normally be backdated from the date of the application
    14·1 answer
  • porter’s competitive strategies outline four different generic corporate strategies. this activity is important because knowledg
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!