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balu736 [363]
3 years ago
12

In 2011 Buckeye Brewing produced 1,000 bottles of ginger ale each day. It employed 10 workers each working 8 hours a day. In 201

2 it produced 960 bottles of ginger ale each day employing 8 workers who worked 8 hours each day. Productivity at Buckeye Brewing
a, increased by 20%
b, increased by 16.67%.
c, decreased by 1.67%.
d, decreased by 40%.
Business
1 answer:
Stella [2.4K]3 years ago
6 0

Answer:

The answer is: A) increased by 20%

Explanation:

Buckeye's productivity for 2011 was:

  • productivity = 1,000 / 10 workers = 100 bottles of ginger ale per worker

Buckeye's productivity for 2012 was:

  • productivity = 960 / 8 workers = 120 bottles of ginger ale per worker

The difference between the productivity level of 2012 and 2011 is an increase of 20% (= (120 / 100) x 100)

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Period    Bonds        Interest    Cash        Increase in        Bonds payable

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2018     583352      23334.08   18000         5334.08          588686.1

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<u>Jan 01 2018</u>

Cash account Dr $583352

Discount on Bonds Payable Dr $16648

Bonds payable Cr $600000

<u>Dec 31 2018</u>

Interest expense Dr $23334.08

Cash account Cr $18000

Discount on bonds Payable Cr $5334.08

<u>Dec 31 2019</u>

Interest expense Dr $23547.44

Cash account Cr $18000

Discount on bonds Payable Cr $5547.44

<u>Dec 31 2020</u>

Interest expense Dr 23766.48

Cash account Cr $18000

Discount on bonds Payable Cr $5766.48

<u>Dec 31 2020</u>

Bonds Payable Dr $600000

Cash account Cr $600000

<u>01.01.2020</u> (Redemption at 101)

Bonds Payable Dr $600000

Loss on redemption of bonds Dr $11766.48

Cash account (600000*101%) Cr $606000

Discount on bonds payable Cr $5766.48

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