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Alekssandra [29.7K]
3 years ago
14

Happy Helpers Maid Service is calculating its standard direct labor rate. The direct labor rate is $12 per hour. Happy Helpers i

ncurs payroll tax expense of 15% of the direct labor rate and incurs costs for sick-days and vacation days of $3 per hour. What is the standard rate per direct labor hour?
Business
1 answer:
marusya05 [52]3 years ago
4 0
Answer:

$16.80

explanation:
i did the work
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Mole Mfg. has asked you to develop a chase plan for the production of its earth moving equipment. Below is the beginning invento
Alexandra [31]

Answer:

Mole Mfg.

Mole's total hire/fire costs and the number of workers employed at the end of October.

a) Hire/Fire Costs

i) Hire costs = 60 * $50 = $3,000

ii) Fire costs = 100 * $100 - $10,000

b) Number of workers employed at the end of October

= 160 workers

Explanation:

a) Data and Calculations:

Inventory requirement:

Beginning Inventory 1200

Month Demand Units    Production  No. of Workers  No. of Hire No. of Fire

Starting workforce                                  200                  

July       3300     -1,200    2,100          140 (2,100/15)                           60

Aug      3000                   3,000         200 (3,000/15)        60

Sept     2550                   2,550         170 (2,550/15)                          30

Oct      2400                    2,400         160 (2,400/15)                          10

Total                                                                                    60           100

7 0
3 years ago
Current information for the Healey Company follows:
Zarrin [17]

Answer:

The correct answer would be option A, $125800.

Explanation:

Cost of goods manufactured= Total costs + beginning work in process - Ending work in process

Total costs include Direct Materials, Direct labor and Factory Overheads. So the Above formula can be written as:

CGM = (Direct materials + Direct Labor + Factory overhead) + Beginning WIP  - Ending WIP

Now

Direct Materials = Beginning raw materials + Purchased Raw Materials - Ending Raw materials

= 15200+60000-16600= 58600

Now Direct labor given is = 42800

And Factory Overheads = 30000

So,

Total costs= direct materials + Direct Labor + Factory Overhead

Total Costs= 58600 + 42800 + 30000  

= 131400  

Beginning work in process = 22400

Ending work in process = 28000

NOW Costs of Goods Manufactured/CGM = Total Cost + Beginning WIP -Ending WIP

= 131400+22400-28000

=$125800

5 0
3 years ago
Present value​ (with changing interest​ rates).
densk [106]

Answer:

present value = $12811.98

present value = $11428.17

present value = $9964.92

Explanation:

given data

injury settlement = ​$14,000

time = 3 year

opportunity cost = 3​%

opportunity cost = 7​%

opportunity cost = 12​%

solution

we will apply here Present value formula that is

present value = \frac{future\ value}{(1+r)^t} ..............................1

put here value of opportunity cost rate we get

present value = \frac{14000}{(1+0.03)^3}

present value = $12811.98

and

present value = \frac{14000}{(1+0.07)^3}

present value = $11428.17

and

present value = \frac{14000}{(1+0.12)^3}

present value = $9964.92

6 0
3 years ago
4. Consider the game of chicken. Two players drive their cars down the center of the road directly at each other. Each player ch
IrinaVladis [17]

Complete question:

Consider the game of chicken. Two players drive their cars down the center of the road directly at each other. Each player chooses SWERVE or STAY. Staying wins you the admiration of your peers (a big payoff) only if the other player swerves. Swerving loses face if the other player stays. However, clearly, the worst output is for both players to stay! Specifically, consider the following payouts. Player two Stay swervePlayer one stay -6 -6 2 -2 swerve -2 2 1 1

a) Does either player have a dominant strategy?

b) Suppose that Player B has adopted the strategy of Staying 1/5 of the time and  swerving 4/5 of the time. Show that Player A is indifferent between swerving and staying.

c) If both player A and Player B use this probability mix, what is the chance that  they crash?

Explanation:

a. There is no dominant strategy for either player. Suppose two players agree to live. Then the best answer for the player is to swerve(-6 versus -2).  Yet if the player turns two, the player will remain one (2 vs 1).  

b. Player B must be shown to be indifferent among swerving and staying if it implements a policy (stay= 1⁄4, swerving= 5/4).

When we quantify a predicted award on the stay / swerving of Player A, we get

E(stay)= (1/5)(-6)+ (4/5)(2)= 2/5 E(swerve)= (1/5)(-2)  

c. They both remain 1/5 of the time. The risk of a crash (rest, stay) is therefore (1/5)(1/5)= 1/25= 4%

4 0
2 years ago
Vault-Tec. has annual fixed costs excluding depreciation of $1,000,000 and variable costs that are 75% of sales. If depreciation
alina1380 [7]

Answer:

Vault-Tec's break-even level of sales ==$3,000,000  

Explanation:

Break-even point is the level of activity at which a firm must operate such that its total revenue will equal its total costs. At this point, the company makes no profit or loss.

It is calculated using this formula:

Break-even point (sales) = Fixed cost/c/s ratio.

c/s means contribution to sales ratio

C/s ratio = (sales - variable cost)/sales

C/S is the proportion of sales value that is earned as contribution. its is sales less variable costs.

So if for an instance, variable costs are 60% of sales, then contribution will be 40% of sales i.e (100-60)% .

<em>Now we can apply these concepts to our questions:</em>

c/s =( 100-75)% = 25%

Break-even point( sales) = (1,000,000- 250,000)/25%

                                         = 750,000/0.25

                                          =$3,000,000

<em>Note that depreciation is excluded from the fixed costs because it is a non-cash flow item.</em>

Vault-Tec's break-even level of sales ==$3,000,000

3 0
2 years ago
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