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3 years ago

External setup time refers to:______________.

1 answer:

7 0

Answer: The correct answer is "b.The time to complete setup activities that do not require that the machine be stopped".

Explanation: External setup time refers to the time to complete setup activities that do not require that the machine be stopped.

External setup is the term used to refer to when workers can perform maintenance without stopping the production process. The term "external" is used because maintenance can be performed "external" to the production process.

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Each scenario below illustrates a basic underlying principle of economics of how economies work through the interactions of indi

vladimir1956 [14]

Answer:

The correct answer is: market efficiency; government intervention; specialization; equilibrium.

Explanation:

The owner of the snow cones realizes that the demand for snow cones has decreased in winter, and thus, closes shop to open back. This is an example of market efficiency.

The local river is being polluted too much because of the amount of chemicals being dumped in the river. The government puts regulation on the amount of chemicals being dumped. This is an example of government intervention in the economy.

At a restaurant one chef is placed at the vegetable station, one chef is at meat station, and one is to plate the food. This an example of specialization the management is placing chef that specializes in vegetable, meat and in plating at their respective positions.

The favorable whether leads to increase in supply of oranges. This causes a rightward shift in supply curve. The price of oranges fall as a result. This is an example of change in equilibrium.

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3 years ago

How is goodwill calculated? A. The amount paid to purchase a business in excess of the market value of its net assets. B. An est

kondaur [170]

Answer:

Goodwill is calculated as A. The amount paid to purchase a business in excess of the market value of its net assets.

Explanation:

Goodwill is the quantification of the value of the name or reputation of a business. It is an intangible asset for the business that arises and is recorded as part of a business's value when it is sold. Goodwill is the additional amount paid by the buyer in excess of the amount that a business's tangible net assets are worth. Thus, goodwill can be calculated as the amount paid in to purchase a business in excess of the market value of its net assets.

For example, If a business is purchased for $100 whose net assets, which are Total assets less total liabilities, are worth $80. Then the goodwill is the $20 that is the difference of the amount paid to purchase the business and the value of its net assets.

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3 years ago

Corporation has two manufacturing departments--Casting and Customizing. The company used the following data at the beginning of

Pavel [41]

Answer:

Allocated overhead= $37,260

Explanation:

Giving the following information:

Total

Estimated total machine-hours (MHs) 10,000

Estimated total fixed manufacturing overhead cost $38,000

Estimated variable manufacturing overhead cost per machine-hour $4.3

<u>First, we need to calculate the plantwide predetermined overhead rate:</u>

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Predetermined manufacturing overhead rate= (38,000/10,000) + 4.3

Predetermined manufacturing overhead rate= $8.1 per machine-hour

<u>Now, we can allocate overhead to Job G:</u>

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Job G

Casting machine-hours 1,600

Customizing machine-hours 3,000

Allocated overhead= 8.1* (1,600 + 3,000)= $37,260

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3 years ago

Which of these can most easily be removed from a budget if spending is higher than income? A. Fixed expenses B. Discretionary sp

earnstyle [38]

Answer:

B discretionary spending

Explanation:

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3 years ago

A job can be done with Machine A that costs $12,500 and has annual end-of-year maintenance costs of $5000; its salvage value aft

sdas [7]

Answer and Explanation :

As per the data given in the question,

Present value = Amount ÷ (1 + r)^n

Machine A

Year Amount Discount Factor PV

1 $5,000 1.05 $4,761.90

2 $5,000 $4,535.15

3 $5,000 $4,319.19

Total $13,616.24

Now

Present value of salvage value =$2,000 ÷ 1.05^3 = $1,727.68

Present worth of Machine A is

= -$12,500 - $13,616.24 + $1,727.68

= -$24,388.56

Similarly Present worth of Machine B = -$15,000 - $4,000 ÷ 1.05 -$4,000 ÷ (1.05)^2 - $4,000 ÷ 1.05^3 - $4,000 ÷ 1.05^4 + $1,500 ÷ 1.05^4

=-$24,658.94

Based on the comparison between Machine A and Machine B

Machine A is better because it has higher present worth

Annual worth:

For machine A = -$12,500(A/PA,5%,3) -$5,000+$2,000(A/F,5%,3)

=-$12,500 × 0.367 - $5,000 + $2,000 × 0.317

= -$8,953.5

For Machine B:

= -$15,000(A/P,5%,4) - $4,000 + $1,500(A/F,5%,4)

= -$7,882.16

Based on the comparison between Machine A and Machine B

Machine B is better because it has higher annual worth

Capitalized cost:

Machine A :

= -$12,500+$2,000(P/F,5%,3) - $5,000 ÷ 0.05

= -$12,500 + $2,000 × 0.86 - $5,000 ÷ 0.05

= -$110,772

Machine B :

=-$15,000(P/F,5%,4) - $4000 ÷ 0.05

=-$15,000 × 0.82 - $4,000 ÷ 0.05

= -$93,765.9

Based on the comparison between Machine A and Machine B

Machine B is better because it has lower capitalized cost

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3 years ago