When using the Euromarkets, companies ___

A garment manufacturing company makes 380,000 articles per year. Each article takes 95 minutes of direct labor at the rate of $9

ANTONII [103]

Answer:

The maximum amount the company should pay for the new machine is $1,567,500 if it wants to break even by the end of the first year

Explanation:

Number of article (N) = 380.000

Time for each articles (T) = 95 minutes = 1.583 hours

Direct Labour Cost (D1) = $9 per hour

Overhead Cost (O1)= $7.50 per direct labour hour

Total cost for labour(C)= D1 + O1= $16.50 per hour

Selling price of articles(S1) = $80 per article

- Cost of Production (P1)= N * T * C

= 380,000 * 1.583 * 16.50

=$9,925,410

-Total amount got by selling (S) = N * S1

=380,000 * 80

=$30,400,000

Profit in this process (R1) = S - P1

=30,400,000 - 9,925,410

=$20,474,590 per year

-Time for each article with new machines (T)= 95 - 15 = 80 minute = 1.333 hour

-Cost for production (P2)= N * T * C

=380,000 * 1.333 * 16.50

=$8,357,910

Profit in this Process(R2)= S-P2=

=30,400,000 - 8,357,910

=$22,042,090 per year

Net Profit gain by new machine = R2 - R1

=$22,042,090 - $20,474,590

=$1,567,500 per year

The maximum amount the company should pay for the new machine is $1,567,500 if it wants to break even by the end of the first year

6 0

3 years ago

Wildhorse Co. took a physical inventory on December 31 and determined that goods costing $198,500 were on hand. Not included in

timofeeve [1]

Answer:

$249,500

Explanation:

Calculation for the amount that Sheridan should report as its December 31 inventory

Using this formula

December 31 inventory=Goods costing+Goods purchased +Goods sold

December 31 inventory=$198,500+$25,000+$26,000

December 31 inventory=$249,500

Therefore the amount that Sheridan should report as its December 31 inventory will be $249,500

8 0

2 years ago

Why might a person assume the Mr. White could be doing well financially

defon

$\huge\color{purple}{\mathbb{ANSWER:}}$

Mr. White was the third and final owner of the talisman in W. W. Jacobs' short story "The Monkey's Paw." He plucked it from the fireplace when the previous owner, Sergeant Major Morris, tossed it there to burn and end the chain of misfortune that came with it. He is motivated mostly by curiosity, since he seems happy with his life and is financially secure.

Mr. White took the paw from his pocket and eyed it dubiously. "I don't know what to wish for, and that's a fact," he said slowly. "It seems to me I've got all I want."

<h2>Hope it helps!! </h2>

4 0

3 years ago

THe section of the comprehensive annual finanial report that presents tables and charts showing social and econimoc data in addi

posledela

Answer:

Statistical Section

Explanation:

The statistical section of comprehensive annual financial report contains details of most of PESTLE factors in numeric terms that shows to what extent these things will either affect or help the organization in near future.

3 0

2 years ago

White Company's wages payable account had a beginning balance of $3,757 and an ending balance of $2,070. During the year, wages

borishaifa [10]

Answer:

the amount paid during the year is $16,875

Explanation:

The computation of the amount paid during the year is shown below:

Opening Balance $3,757

Add: Wages expense $15,188

Less: Closing Balance -$2,070

Amount Paid $16,875

Hence, the amount paid during the year is $16,875

We simply applied the above formula so that the correct value could come

And, the same is to be considered

7 0

3 years ago

When using the Euromarkets, companies ____.?