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ddd [48]
4 years ago
10

Standard Quantities Allowed of Labor and Materials Miel Company produces ready-to-cook oatmeal. Each carton of oatmeal requires

10 ounces of rolled oats per carton (the unit quantity standard) and 0.04 labor hour (the unit labor standard). During the year, 600,000 cartons of oatmeal were produced. Required:
1. Calculate the total amount of oats allowed for the actual output. ounces
2. Calculate the total amount of labor hours allowed for the actual output. hours
Business
1 answer:
lilavasa [31]4 years ago
8 0

Answer:

1. 6.000.000 ounces

2. 24.000 hours.

Explanation:

1. total amount of oats allowed for the actual output=(10 ounces/carton*600,000 cartons)

=6.000.000 ounces

2. total amount of labor hours allowed for the actual output=(600,000 cartons*0.04 hours/carton)

=24.000 hours.

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Oil Well Supply offers a 8 percent coupon bond with semiannual payments and a yield to maturity of 8.73 percent. The bonds matur
g100num [7]

Answer:

Market price today   $955.1347

Explanation:

To know the current market price we will calculate the present value ofthe cuopon payment and the maturity at the yield to maturity rate of 8.73%

<u>Present value of the annuity</u>

C \times \frac{1-(1+r)^{-time} }{rate} = PV\\

Cupon Payment: 1,000 face value x 8% / 2 payment per year = 40

time = 9 years x 2 payment per year = 18

rate = 8.73% = 0.0873 = 0.0873/2 = 0.04365

40 \times \frac{1-(1+0.04365)^{-18} }{0.04365} = PV\\

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<u></u>

<u>Present value of the maturity</u>

\frac{Maturity}{(1 + rate)^{time} } = PV  

Maturity = face value =   1,000.00

time   18.00

rate  0.04365

\frac{1000}{(1 + 0.04365)^{18} } = PV  

PV   463.46

<u>Now we add both together to get the present value of the bond</u>

PV c   $491.6747

PV m   $463.4599

Total   $955.1347

7 0
3 years ago
The key to managing relationships to achieve customer success is __________________?
shtirl [24]

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<h3>What is customer success?</h3>

Customer Success is a long-term, professionally managed, scientifically developed business strategy for increasing customer and business sustainable demonstrated profitability.

A solution to the fundamental problems of customer portfolio development, retention, and expansion is what the developing role is all about. Customer Success is actually the merging of the roles and responsibilities of marketing, sales, professional services, training, and support into a new career. An in-depth understanding of the clients, practical skills in the product being sold, and broad domain knowledge are the three fundamental components of this rising profession.

Sustainable business profitability and growth are the ultimate strategic objectives of the Customer Success function. Making your clients as profitable and productive as you can is the strategy.

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4 0
2 years ago
Although the perpetual inventory system updates accounting records after each sale, a physical count is necessary at year-end to
vivado [14]

Answer:

customer theft; spoilage.

Explanation:

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4 0
3 years ago
Burkhardt corp. pays a constant $13.50 dividend on its stock. the company will maintain this dividend for the next eight years a
kogti [31]

Answer: Burkhardt Corp.'s current share price is $69.47.

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In this case, the stock price will be the sum of the discounted value of the dividends over each of the next  eight years.

Mathematically we can express this as:

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Substituting the values we get,

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Solving the above equation we get,

\mathbf{Current Price = 69.47}

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