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Serggg [28]
3 years ago
15

One of the operations in the United States Postal Service is a mechanical mail sorting operation. In this operation, letter mail

is sorted at a rate of one letter per second. The letter is mechanically sorted from a three-digit code input by an operator sitting at a keyboard. The manager of the mechanical sorting operation wishes to determine the number of temporary employees to hire for December. The manager estimates that there will be an additional 35,100,000 pieces of mail in December, due to the upcoming holiday season.
Assume that the sorting operators are temporary employees. The union contract requires that temporary employees be hired for one month at a time. Each temporary employee is hired to work 150 hours in the month.

a. How many temporary employees should the manager hire for December?

b. If each employee earns a standard $16 per hour, what would be the labor time variance if the actual number of letters sorted in December was 34,020,000? Use the minus sign to enter favorable variances as negative numbers.

Business
1 answer:
sineoko [7]3 years ago
8 0

Answer:

Detailed solution is given below:

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Answer:

6.83%

Explanation:

The computation of the accounting rate of return is shown below:

As we know that

Average accounting rate of return = Average annual operating income ÷ Initial Investment

where,

Average annual operating income is

Year 1 net cash inflow           $320,000

Year 2 net cash inflow          $280,000

Years 3-10 ($230,000 × 8)    $1,840,000

Total net cash flows                $2,440,000

Less: Total depreciation      ($1,450,000)

                                              $990,000

Divided it by years of life         ÷ 10  years

Average annual operating income $99,000

So,

Average accounting rate of return is

= $99,000 ÷ $1,450,000

= 6.83%

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Customer value can be defined as Multiple choice question. obtaining a product or service at the lowest price possible, regardle
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That’s crazy math right there am I right
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3 years ago
Copies Plus Print operates a copy business at two different locations. Copies Plus Print has one support department that is resp
Vika [28.1K]

Answer:

a. $24,000

Explanation:

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Therefore from the 60,000 fixed cost the 40% was applied.

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7 0
3 years ago
A bakery buys sugar in 15-pound bags. The bakery uses 5000 bags of sugar each year. Carrying costs are $20 per bag per year. Ord
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Answer:

the total cost of ordering and holding sugar is $1,000 per year

Explanation:

<em>Step 1 Calculate the Economic Order Quantity(EOQ).</em>

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<em>Step 2 Calculate the total  cost of ordering and holding sugar</em>

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                = $1,000

Therefore,  the total cost of ordering and holding sugar is $1,000 per year

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When economists say that a good is non-rival in consumption, they mean that:____.
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