Answer:
Standard hour will be equal to 3600 hours
Explanation:
We have given 3900 direct labor hours to produce 1300 units of the product
So standard hour per unit is
Number of units produced is given = 1200 units
And standard hour per unit is 3 hour per unit
We have to fond the standard hours allowed for the October
So the standard hour will be equal to = 1200 ×3 = 3600 hour
Answer:
11.56%
Explanation:
The computation of the minimum required rate of return is shown below:
Residual income = Net operating income - (Average operating assets × minimum required rate of return)
$22,000 = $59,000 - ($320,000 × minimum required rate of return)
After solving this the minimum required rate of return is 11.56%
By applying the above formula we can find out the minimum required rate of return
Answer:
Common stock = $110,000
Additional Paid in capital = $130,000
Retained earnings = $130,000
Explanation:
The computation of stockholders' equity is given below:
Common stock = Outstanding shares + (Stock dividend percentage × Shares issued × Par value per share)
= 100,000 + (10% × 10,000 × $10)
= $110,000
Additional Paid in capital = Additional paid-in capital - common + (Stock dividend percentage × Shares issued × (Market price per share - Par value per share))
= 120,000 + (10% × 10,000 × ($20 - $10))
= $130,000
Retained earnings= Retained earning(Given) - (Stock dividend percentage × Outstanding shares × Market price per share)
= 150,000 - (10% × 100,000 × $20)
= $130,000
When a firm has sufficient time to adjust the size of its plant, how will it decide which plant size to It will select the plant size with the lowest short-run averaged-total-cost curve at the desired output level.
Plants are predominantly photosynthetic eukaryotes of the kingdom Plantae. Historically, the plant kingdom encompassed all living things that were not animals, and included algae and fungi; however, all current definitions of Plantae exclude the fungi and some algae, as well as the prokaryotes.
Types of Plants-Herbs, Shrubs, Trees, Climbers, and Creepers.
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Firms will generally make-to-order when the demand for goods is not stable.
<h3>What is Make to order?</h3>
Make to order (MTO) is a production process that involves a customer ordering a specific products which is usually different from the general products.
The products may be customized and its usually done when a company has less demand or work.
Therefore, Firms will generally make-to-order when the demand for goods is not stable.
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