Answer:
a. Potential Packing Output/hr = (50 loaves/20 min) * 60 min = 150 loaves.
However, the production of 50 loaves takes 60 mins, so the packaging remains idle for 40 mins and the Actual Packing Output/hr = 50 loaves.
Hence, Capacity Utilization = (Actual Output/Potential Output) *100% = (50/150)*100% = 33.33%
b) Production output = 50 loaves/hr = 50 loaves/60 mins
Packing Output = 50 loaves/20 mins
So, to make both the capacities equal, the XYZ Bakery can simultaneously operate three batches to prepare the dough and bake i.e 150 loaves/60 mins for both production as well as packing.
Answer:
There will be 7 months of repayment for fully paying-off the outstanding amount.
Explanation:
We apply the present value formula to calculate the number of month it takes to paid off the outstanding amount.
We have:
Monthly payment = $400; Discounting period = number of months needs to paid off the amount; Discount rate = 13.99%/12
So, we have: 2,455.44 = [400/(13.99%/12)] x [1 - (1+13.99%/12)^(-n)] <=> [1 - (1+13.99%/12)^(-n)] = 0.071566 <=> (1+13.99%/12)^(-n) = 0.928434 = <=> n = 6.4
=> There will be 7 months of repayment for fully paying-off the outstanding amount.
Answer:
![\left[\begin{array}{ccccc}& &September&October&November\\&$sales&6000&6800&5600\\&$Desired ending&4760&3920&4270\\&$Total Needs&10760&10720&9870\\&$beginning&4200&4760&3920\\&$Production Requirement&6560&5960&5950\\\end{array}\right]](https://tex.z-dn.net/?f=%5Cleft%5B%5Cbegin%7Barray%7D%7Bccccc%7D%26%09%26September%26October%26November%5C%5C%26%24sales%266000%266800%265600%5C%5C%26%24Desired%20ending%264760%263920%264270%5C%5C%26%24Total%20Needs%2610760%2610720%269870%5C%5C%26%24beginning%264200%264760%263920%5C%5C%26%24Production%20Requirement%266560%265960%265950%5C%5C%5Cend%7Barray%7D%5Cright%5D)
MISSING INFORMATION ATTACHED
Explanation:
The sales forecasted plus the desired ending inventory is the complete needs the sales department expect to be fullfill
Then, as the company has a beginning invneotry each period a portion of this needs is already fullfil thus, the difference are the production requirements.
Answer:
The correct answer is C.
Explanation:
Giving the following information:
The LIFO inventory method assumes that the cost of the latest units purchased are:
<u>Under the Last-in, First-out method the first units on inventory are the ones left to ending inventory. On the contrary, the last units are the first ones to go to the cost of goods sold. </u>
a. the last to be allocated to the cost of goods sold. False, this is under the FIFO method.
b. the first to be allocated to ending inventory. False, this is under the FIFO method.
c. the first to be allocated to the cost of goods sold. True.
d. not allocated to cost of goods sold or ending inventory. False, they are allocated to cost of goods sold.
Answer:
Incomplete question. Here's likely the complete question;
In this, the first case, Lee High, the newly hired cost accountant, computes the variable cost and the fixed cost per unit at a volume of 500 units of Great Heath per week. He uses this information to develop some guidelines for pricing. His boss, Charlton Blackheath, endorses the guidelines and adds a feature: a higher commission on sales at a higher price.
When both High and Blackheath are away, the file clerk, Adelaide Ladywell, accepts an order below the guidelines and is fired...Evaluate the decision made by Adelaide.
<u>Explanation:</u>
Although Adelaide Ladywell acted presumptuously (without permission), her decision was still profitable. By looking at the costs per unit presented, the product's selling price wasn't lower than the fixed costs, therefore her actions were not a totally bad one.
