Answer:
A.- 3.45 min to produce two work units
B.- In a 8-hout shift at standard performance 274 work units are produced
Explanation:
The Standart tiem per piece would be:
Given your numbers it will be:
This is the time per cycle to produce 2 work units
Now, in an 8 hours shift there are 480 minutes. Dividing between the standard time of a cycle we get the standard performance
Rounding, we will be getting 137 cycles
Lastly, because each cycle produce 2 work units we are having a total of 274 Units
Answer:
A. Dividends 11,700 Dividends Payable 11,700
Explanation:
The journal entry to record the dividend declared is shown below:
Dividend A/c Dr $11,700
To Dividend payable $11,700
(Being the dividend is declared)
The computation is shown below:
= (Number of shares issued - treasury stock) × cash dividend per share
= (20,000 shares - 7,000 shares) × $0.90
= 13,000 shares × $0.90
= $11,700
Answer:
Conversion cost= $58,300
Explanation:
Giving the following information:
Direct labor $ 29,000
Manufacturing overhead $ 29,300
<u>The conversion costs are the sum of the direct labor and manufacturing overhead:</u>
Conversion cost= direct labor + Manufacturing overhead
Conversion cost= 29,000 + 29,300
Conversion cost= $58,300
5 weeks
There are 52 weeks per year and since the company closes for 2 weeks per year, that means that the company does business for 50 weeks each year. During that year, the company sold goods that cost $76,500. And the average inventory was $7,650 which is $7,650 / $76,500 = 0.10 = 10% of the goods sold for the entire year. So the average inventory could allow the company to work for 10% of the year. And 10% of 50 is 5. Therefore the company had 5 weeks of supply on average in inventory.
Every human has a desire for better standards of living. For this, they need to change with their desires and wants for the better in terms of food, clothing, and living
