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Ne4ueva [31]
3 years ago
9

North Company designs and manufactures machines that facilitate DNA sequencing. Depending on the intended purpose of each machin

e and its functions, each machine is likely to be unique. The job costing system in its Norfolk plant has five activity cost pools, in addition to direct materials and direct labor. Job TPY—2306 requires 1,000 printed-circuit boards. The cost per board that passes the final inspection is $240. On average, only 50% of the completed units pass the final inspection. The prime costs per completed board include $26 for direct materials and $8 for direct labor
Required:
Information pertaining to manufacturing overhead for printed-circuit boards follows: Fill in the missing amount.


Activity Cost Driver Activity Driver Rate Activity Consumption per Board Factory Overhead per Board
Axial insertion Number of axial insertions $0.27 10.0
Hardware insertion Number of hardware insertions 4.00 110.0
Hand load Boothroyd time 8.00 48.24
Masking Number of points masked 0.30 170.00
Final test Test time 10.00 10.00
Business
1 answer:
Minchanka [31]3 years ago
6 0

Answer:

1. Axial insertion

Factory overhead per board 2.70

2. Hand load

Activity consumption per board 27.50

3. Hand load

Activity driver rate 6.03

4. Masking

Factory overhead per board 51

5. Final test Test time 1

Explanation:

Calculation to Determine the missing amount

Activity Cost Driver Activity driver rate Activity consumption per board Factory overhead per board

1. Axial Insertion Number of axial insertions 0.27 10 10*.27 = 2.70

2. Hardware Insertion Number of hardware

insertions 4.00 (110/4 = 27.50) 110

3. Hand load Boothroyd time (48.24/8 = 6.03) 8 48.24

4. Masking Number of points masked 0.30 170 (170*.30 = 51)

5. Final test Test time (10/10=1) 10 10

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irina1246 [14]
The answers are as follows:
1. TRUE.
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2. FALSE
Hiring the needed complement will eliminate OVERTIME, not the second shift. Hiring the needed complement usually remove the need for all overtime. Hiring the needed complement will make having a second production run team possible and this second team can handle the production process that ought to be done through overtime.
3. FALSE.
It is the duty of the management to strive to DECREASE STAFF TURNOVER.
Staff turnover refers to the rate at which employees are leaving a company and new employees are been absorbed. High staff turnover will make the company to spend more money on resources and training of new staffs.  
4. TRUE.
During periods of high demand, production usually increases and more workers are hired. Instead of hiring more workers, a company that has two production shifts may decide to add more workers to the first shift in order to increase the amount of work that could be done. This will result in the decrease in the number of the workers in the second shift.
5. FALSE
Increasing training hours decreases needed complement. Increasing the training hours will equip the workers with the needed knowledge which will make them more effective and productive. This will decreases the complement needed for the production process.
6. RECRUITING COST [B].
In a situation where a company has to hire more workers to the one it already has on ground as a result of increased production, then the company will have to spend extra money in the process of recruiting the needed workers.
7. DECREASE [B]
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8. FALSE.
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Separation cost refers to the cost that is needed to lay off an employee from an organisation. When the production level decreases or the company decide to automate their production processes, then some workers will have to be sacked and these workers have to be paid some money before they leave the company. This result in increase in the amount of money that the company will spend on separation cost.
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3 years ago
The price (P) of designer jeans is affected by the supply (S) and the demand (D).
monitta
The price of designer jeans would likely increase if its demand increases and there is no changes in supply.
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A water utility is planning to construct a grease treatment facility so that local haulers will not have to transport grease to
romanna [79]

Answer:

The B/C ratio at 6% per year is closest to 1.17

Explanation:

In order to calculate the B/C ratio at 6% per year we would have to make first the following calculations:

Present Worth(PW) of annual operating cost (excel formula) =PV(0.06,10,160000,0) = $1,177,613.93

PW of annual benefit (excel formula) =PV(0.06,10,250000,0) = $1,840,021.76

Present cost (at beginning of project) = $400,000

Therefore, to calculate the B/C ratio at 6% we would use the following formula:

B/C ratio at 6%=PW of benefits-PW of disbenefits/Initial cost+PW of operating and maintenance-PW of salvage value

B/C ratio = ($1,840,021.76 - 0)/($400,000 - $1,177,613.93) = 1.17

7 0
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jeyben [28]

Answer:

b. $233,100 tax expense

Explanation:

The computation of the current income tax expense or benefit is shown below:

But before that first we have to need to find out the taxable income i.e

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= $1,000,000 + $25,000 + $100,000 - $15,000

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Now to find out the current income tax expense since the tax rate is not given so we assume the marginal tax rate i.e 21%

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= $1,110,000 ×21%

= $233,100

By multiplying the taxable income with the tax rate we can get the income tax expense

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2. The correct answer is option B.

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3 years ago
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