Answer:
Sewtfi861 Corporation
The annual financial disadvantage for Sewtfi861 Corporation buying the extra large part from the outside supplier would be:
$101,000.
Explanation:
a) Data and Calculations:
Cost implications:
In-house Outside
Production Production
Outside vendor's price $32.70
Direct materials $3.50
Direct labor $8.10
Variable manufacturing overhead $8.60
Supervisor's salary $4.00
Depreciation of special equipment $2.40 $2.40
Allocated general overhead $7.60 $7.60
Additional segment margin ($35,000/16,000) ($2.1875)
Total cost per unit $34.20 $40.5125
The annual financial disadvantage for Sewtfi861 Corporation buying the extra large part from the outside supplier would be 16,000 ($40.5125 - $34.20).
= $101,000
b) It looks better financially for Sewtfi861 Corporation to continue to make the large part in-house. If it goes ahead to buy the part from outside, it will suffer a total financial loss of $101,000 annually.
Answer:
See below
Explanation:
A paycheck deduction is a compulsory deduction imposed on all employees by the federal or state government. For a paycheck deduction, the employee has no option but to pay. The amount payable is a percentage base on the gross pay. The federal or state government set the percentage to be deducted.
From the List paycheck deduction are
Employee incentives are benefits offered to employees by their employer. Incentives motivate employees to work hard, save for retirement, or promote employees' welfare.
Incentives in the list are
Answer:
When interest rate rises, the quantity of money demanded reduces
Explanation:
As interest rate increases firms seeking to borrow money for capital stock expansion are likely not going to go ahead with it. The reason is simply because, interest rate and money demanded have an inverse relationship. As interest rate rises money demanded falls because it means that for any amount of money borrowed the interest rate attached to it is higher making the cost of borrowing heavier on the borrower.
The main purpose of performance appraisal is to furnish feedback to organization members about how they can become more productive and useful to the organization in its quest for quality.
Therefore option C is correct
<h3>What is Performance appraisal?</h3>
Performance appraisal can be described as the periodic and systematic evaluation of the job performance of an employee and its subsequent documentation documented and evaluation in other to provide verifiable evidence to the management of an organization on the strengths and weaknesses of its employees.
The idea of performance appraisal should be viewed as a career enhancing prospect. Managers should endeavor to appraise their staff truthfully and honestly in other to bring about a healthy working environment.
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Based on the month of July only, the predetermined overhead rate is $6.25.
<h3>Predetermined overhead rate</h3>
First step
Total budgeted manufacturing overhead =(Budgeted direct labor hours × Variable overhead rate) + Total budgeted fixed overhead
Total budgeted manufacturing overhead = (20,000 × $5) + $25,000
Total budgeted manufacturing overhead = $100,000 + $25,000
Total budgeted manufacturing overhead = $125,000
Second step
Predetermined overhead rate=Total budgeted manufacturing overhead/Total budgeted direct labor-hours
Predetermined overhead rate=$125,000/20,000
Predetermined overhead rate=6.25
Inconclusion the predetermined overhead rate is $6.25.
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