Propone dondthe demos dkkdndi
Answer:
Feline Watch Company should budget $15,000 overhead costs.
Explanation:
5 labor hours per unit of watch at $7 per labor hour
Variable Overheads $4 per labor hour
Total Variable overheads for 500 watches
$4 per labor hour * 5 labor hours per watch * 500 watches = $10,000
Fixed Overhead = $5,000
Total Overhead = $15,000
Answer:
Check the answers below
Explanation:
- The per instrument cost of the bank is $0.25. Assuming uniform cheque value, the 24 million remittances across 10000 cheque will mean per cheque value of 2400. If this amount can be invested at 8% p.a., then daily investment income will be approx = 2400 * 8% /365 = $ 0.526
- Now for the company to jus about cover the cost of the cheque processing, the time should reduce by (assuming fractional time in days is possible) 0.25/0.526 = 0.48 days
- Now if the interest that can be earned reduces to 4%, the average daily interest will also reduce to $0.263. At this level, the time required to cover the cost should reduce by 0.95 days
The difference is simply because the opportunity cost in terms of alternate usage of funds has decreased for the company.
It was a worker strike. Which lead to many strikes of the labor union. Because of this the Heath Act was formed. It went into effect April 28th, 1971.
