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Ulleksa [173]
3 years ago
15

Carbondale Casting produces cast bronze valves on a 10-person assembly line. On a recent day, 160 valves were produced during an

8-hour shift. a) Calculate the labor productivity of the line. b ) John Goodale, the manager at Carbondale, changed the layout and was able to increase production to 180 units per 8-hour shift. What is the new labor productivity per labor-hour? c) What is the percentage of productivity increase?
Business
1 answer:
RideAnS [48]3 years ago
5 0

Answer:

(a) 2

(b) 2.25

(c) 12.5%

Explanation:

To solve this question we need to remember that

Total \, Productivity = \frac{Total\,Ouput}{Total \, Man \, Hours}

(a) 10 persons produce 160 valves in 8 hours, this implies a productivity of 2=160/(8x10)

(b) 2.25= 180/(8x10)

(c) Percentage change is given by (2.25-2)/2=.125

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If a company uses $1,510 of its cash to purchase supplies, the effect on the accounting equation would be One asset increases $1,510 and another asset decreases $1,510, causing no effect.

The relationship between an entity's assets, liabilities, and owner's equity are represented by the basic accounting equation, often known as the balance sheet equation. It serves as the system's cornerstone for double-entry bookkeeping. The total debits and total credit for each transaction are equal.

There are three possible arrangements for the accounting equation:  

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The accounting equation makes sure that every entry in the books and records is verified and that each obligation (or expense) and its associated source, or each item of revenue (or asset) and its source, can be independently verified.

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6 0
2 years ago
Redlining is the process whereby builders, brokers, and rental property managers induce purchasers or lessees of real property t
Diano4ka-milaya [45]

Answer:

False

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6 0
3 years ago
On December 31, Jarden Co.'s Allowance for Doubtful Accounts has an unadjusted credit balance of $14,000. Jarden prepares a sche
Kryger [21]

Answer:

Dr Bad debt expense 28,799.40

    Cr Allowance for doubtful accounts 28,799.40

Explanation:

allowance for doubtful accounts balance $14,000

$880,000     not due yet        1.2%        $10,560

$350,000     1 to 30 days       1.95%      $6,825

$70,400        31 to 60 days    6.45%     $4,540.80

$35,200       61 to 90 days    32.50%   $11,440

$14,080        over 90 days      67%       <u>$9,433.60</u>

total                                                       $42,799.40

Journal entry

Dr Bad debt expense 28,799.40

    Cr Allowance for doubtful accounts 28,799.40

3 0
3 years ago
Carrie wants to go on her family reunion in four years. The cost of the cruise they are planning to take is $5,000. She has foun
Slav-nsk [51]

Answer:

She Should Invest $3,815 now.

Explanation:

Future value is the accumulated value of principal and compounded interest earned in specific period on an specific return rate applied to present value. It is calculated by following formula:

FV  = PV x ( 1 + r )^n

FV = Future Value = $5000

PV  = Present Value = ?

r = return rate = 7%

n = number of years = 4 years

$5000 = PV  ( 1 + 7% )^4

$5000 = PV  ( 1 + 0.07 )^4

$5000 = PV  ( 1.07 )^4

$5000 = PV  x 1.311

PV  = $5,000 / 1.311

PV  = $3,815

5 0
3 years ago
Direct Labor Cost Budget Ace Racket Company manufactures two types of tennis rackets, the Junior and Pro Striker models. The pro
PilotLPTM [1.2K]

Answer:

The preparation of the direct labor budget is presented below:

Explanation:

The preparation of the direct labor budget is presented below:

                              Direct labor cost budget

                          For the month of July 2016

Particulars             Forming Department Assembly Department

Production             1,500 units                        6,200 units  

Hours required

Junior                    240                                   360

Hours Required

Pro                       1,240                                    1,860

Total Hours

Department wise (A)   1,480                              2,220

Total Hourly rate (B)    $18                              $14

Total Direct

Labor Cost (A × B)     $26,640                    $31,080

The computation is shown below:

For Junior, it would be

Forming = 0.16 × 1,500 = 240

Assembly = 0.24 × 1,500 = 360

For Pro, it would be

Forming = 0.20 × 6,200 = 1,240

Assembly = 0.30 × 6,200 = 1,860

7 0
3 years ago
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