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velikii [3]
3 years ago
10

The chattanooga furniture store gets an average of 72 72 customers per shift. marilyn​ helms, the​ manager, wants to calculate w

hether she should hire 1 1​, 2 2​, 3 3​, or 4 4 salespeople. she has determined that average waiting times will be 10 10 minutes with one​ salesperson, 6 6 minutes with two​ salespeople, 3 3 minutes with three​ salespeople, and 2 2 minutes with four salespeople. she has estimated the cost per minute that customers wait at ​$ 1 1. the cost per salesperson per shift​ (including fringe​ benefits) is ​$ 80 80.
Business
1 answer:
madreJ [45]3 years ago
7 0

Answer:

3 Sales people

Explanation:

The calculation of total cost per shift is shown below:-

                    1st sales         2nd sales           3rd sales            4th sales

                      person             person              person               person

Average Waiting

Time               10 minutes     6 minutes        3 minutes          2 minutes

Total waiting

Cost                  $720                $432                $216                 $144

                 (72 × $1 × 10)    (72 × $1 × 6)        (72 × $1 × 3)      (72 × $1 × 2)

Add: Total labor

Cost                   80                    $160                  $240                $320

                      ($80 × 1)            ($80 × 2)            ($80 × 3)         ($80 × 4)

Total cost          $800               $592                  $456                $464

Thus, 3 servers have the lowest cost, so that the overall cost per change with 3 Sales people is chosen.

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Wendell’s Donut Shoppe is investigating the purchase of a new $18,600 donut-making machine. The new machine would permit the com
sertanlavr [38]

Answer:

1. Total Annual Cash Inflows = 5000

2. Discount Factor = 3.72

3. New Machine's internal rate of return = 16%

Explanation:

<em>Note:</em> the question is incomplete and it lacks essential data to be used in part 4. Without the exhibits mentioned in the questions, it is not possible to solve this question completely. We will be solving it till part 3.

1) What would be the total annual cash inflows associated with the new machine for capital budgeting purposes?

Answer:

In this we have to calculate the total annual cash inflows and the formula to calculate it is mentioned below:

Total Annual Cash Inflows = Savings in Part Time help annually + Additional contribution Margin from Expected Sales.

Total Annual Cash Inflows = 3800  + ( 1000 x 1.20)

Total Annual Cash Inflows =  3800 + 1200

Total Annual Cash Inflows = 5000

2. What discount factor should be used to compute the new machine’s internal rate of return?

Answer:

Formula to calculate the Discount factor:

Discount Factor = Price of new machine/ annual cash inflow

Price of new machine = 18600 USD

Annual cash inflow = 5000

Discount Factor = 18600 /5000

Discount Factor = 3.72

3.  What is the new machine’s internal rate of return?

Answer:

As, it can be seen from the exhibits (which are missing from this question)  that the discount factor for 6 years is nearly closest to 16%, hence the new machine's internal rate of return = 16%

<em>Note:</em> the question is incomplete and it lacks essential data to be used in part 4. without the exhibits mentioned in the questions. It is impossible to solve further.

7 0
3 years ago
Direct Method Question (2026, Current Period): 2026 2025 A/R 49,000 23,000 Prepaid Insurance 15,000 3,000 Salaries Payable 13,00
hammer [34]

Answer:

$49,000

Explanation:

Missing<em>"Cash Event => Cash Paid for Salaries Second Number => _____ __?___, ______ ______ ______"</em>

<em />

Cash paid for salaries (using direct method)

Particulars                                                           Amount

Opening salaries payable                                  $5,000

Add: Salaries expense for the current year      $57,000

Less: Closing salaries payable                           <u>$13,000</u>

Cash paid for salaries during current year     <u>$49,000</u>

4 0
3 years ago
The Mason Corporation budgeted overhead at $240,000 for the period for Department A based on a budgeted volume of 60,000 direct
IgorC [24]

Answer:

$8000

Explanation:

Given: Budgeted Overhead $240,000

          Budgeted Labor Hrs 60,000

          Actual Labor Hrs for Job B25 200

          Actual labor cost for B25 $2,200

          Direct Material cost for B25 $5000

Standard/ Budgeted overhead absorption rate = Budgeted Overheads/ Budgeted labor hours = $240,000/60,000 = $4 per labor hours

Budgeted overheads for actual 200 labor hours = 200 × $4 = $800

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Gwar [14]

Answer:

It is referred to as product differentiation.

Explanation:

Product differentiation is a strategic type of marketing in which a firm uses campaigns and promotions to highlight features that make its product unique as well as the benefits of using the product or service.

This kind of marketing differentiate the firm's product or services from those of competitors and makes consumer perceive such differentiated product or service as better than other similar competing products.

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o-na [289]

That statement is true

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