Answer: company’s direct labor budget = $320000
Explanation:
Given that,
Standard hourly labor rate in the Cutting Department = $12
It takes 30 minutes of direct labor time to cut the lumber
Tables take one hour to assemble
Standard hourly rate in the Assembly Department = $10
Lunchco’s production budget = 20,000
Cutting Department = production budget × direct labor time × Standard hourly labor rate
= 20000 × 0.5 hours/unit × $12/unit
= $120000
Assembly Department = production budget × Tables take one hour to assemble × Standard hourly labor rate
= 20000 × 1 hour/unit × $10/unit
= $200000
Therefore,
company’s direct labor budget = Assembly Department + Cutting Department
= 200000 + 120000
= $320000
Answer:
B
Explanation:
Capital Structure decision is determining the optimal way of raising capital either through Equity or Debt.
Answer: $14,426.43
Explanation:
At the end of 4 months and assuming a 12 months and 365 days in a year, the formula to be used to calculate how much Rahul owes is;
We use the formula:
Amount owed = Present Value ( 1 + rate/365 ) ^ 365 * time period
Amount owed = 14,000 * ( 1 + 0.09/365 ) ^ (365 *4/12 )
Amount owed = $14,426.43
Answer:
$31,920,341.91
Explanation:
The computation is shown below:
For computing the receiving amount in 2052 first we have to determine the rate which is shown below:
Current value = Initial value × (1 + interest rate)^time period
$1,480,000 = $115 × (1 + interest rate)^114
So, after solving this, the interest rate is 8.654%
Now the received amount in 2052 is
= $1,480,000 × (1 + 0.8654%)^37
= $31,920,341.91
The time period is come from
= 2015 - 1901
= 114
And, the 37 years is come from
= 2052 - 2015
= 37
The types of teams that Graeter might use in these facilities include a food quality team, a production team, and a logistics team.
<h3>What are the most important processes of food production?</h3>
The most important processes of food production include quality controls, which are fundamental to ensure safe foods, and also teams associated with the production, which ensure a suitable production to obtain benefits.
Moreover, the logistic team is also fundamental in food production because it ensures the correct movement of packaged food to the final destination.
In conclusion, the types of teams that Graeter might use in these facilities include a food quality team to control the quality of foods, a production team to ensure the required amount of food products on a daily basis, and a logistics team to ensure the transport of foods to corresponding market centers
Learn more about food production here:
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