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3 years ago

EB10.

Business

1 answer:

SpyIntel [72]3 years ago

8 0

Answer:

$34 per hour

Explanation:

Direct labor hour s:

= Labor cost ÷ Rate per hour

= $36,550 ÷ $17

= 2,150 Direct labor hours

Predetermined overhead rate :

= Overhead applied on the basis of direct labor hour ÷ Number of hours

= $73,100 ÷ 2,150 hrs

= $34 per hour

Therefore, the predetermined overhead rate using the labor rate of $17 per hour is $34 per hour.

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Residual income is ____________.A. the difference between the net income the analyst expects the firm to generate and the requir

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Answer:

A. The difference between the net income the analyst expects the firm to generate and the required earnings of the firm.

Explanation:

Residual income measures an organisation's internal corporate performance by looking at the difference between the income geneated by the firm and the required minimum returns. It can be described as the excess of generated income over required earnings for the firm.

For personal Income, residual income represents the income an individual has left after deducting all personal expenses and all debts.

Based on the question, therefore, residual income will be the excess amount after a company's analysts' deduct the required earnings of the company from what the company generates.

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3 years ago

Jamal has owned his home for about 5 years. his refrigerator needs to be replaced and jamal is thinking about buying an energy s

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Answer - A (7 years)

WORKINGS

To calculate how long it would take for the new refrigerator to pay for itself in lower utility costs, the cost of new refrigerator will be divided by lower utility cost per year

Cost of new refrigerator = $598

TO CALCULATE LOWER UTILITY COST PER YEAR

At a cost of only 12 cents per day

Annual cost will be 12 X 365 = 4380 Cents ($43.8)

Cost saved annually = Cost of old refrigerator – Cost of new refrigerator.

Lower utility cost per year = $132 – $43.8

Lower utility cost per year = $88.2

How long would it take for the new refrigerator to pay for itself in lower utility costs?

$598 ÷ $88.2

= 6.78 years

Approximately 7 years

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3 years ago

Read 2 more answers

Data generalizability is the: A) degree to which the data is an accurate portrait of the target population. B) degree to which a

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Answer:

The answer is: A) degree to which the data is an accurate portrait of the target population.

Explanation:

To explain data generalizability I like to use election polls as an example. There are over 200 million voters in the US, and polls only cover a few thousands of voters, it is impossible to survey the whole population. Data generalizability refers to how well does the election polls reflect the real outcome of an election. Can the data sample used in the polls serve as a true parameter to know the real outcome of the election? Some polls are accurate and others aren't, accurate polls have high data generalizability.

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3 years ago

Name the agency that is responsible for tracking changes in the composition of the u.s. labor force and forecasting employment t

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3 years ago

Compute the dollar amount of working capital that can be reduced at year-end if the ending heel raw material inventory is cut by

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Answer:

Note: The full question is attached as picture below

a. No of units Cost per unit Total Cost

Beginning Inventory 1,200 $8 $9,600

Add Purchase 35,000 $8 $280,000

Inventory available for 36,200 $8 $289,600

production

Less Inventory transferred to 33,200 $8 $265,600

production (16,600 Pairs*2 Heels)

Ending Inventory 3,000 $8 $24,000

b. Working capital will be reduced by: (3,000*$8)/2 = $12,000

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3 years ago