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Fantom [35]
3 years ago
14

Using the following data, develop an allowance percentage for a job element that requires the worker to lift a weight of 30 poun

ds while (1) standing in a slightly awkward position, (2) in light that is very inadequate standards, and (3) with intermittent very loud noises occurring. The monotony for this element is low. Include a personal allowance of 5 percent and a basic fatigue allowance of 4 percent of job time. (Leave no cells blank - be certain to enter "0" wherever required. Omit the "%" sign in your response.
Business
1 answer:
Volgvan3 years ago
7 0

Answer:

While estimating standard time of doing a job, some extra allowances are provided on the basis of nature of work. In this connection, different factors, like monotony, light, awkwardness, muscular force required etc. are taken into consideration. Calculation of this allowance is shown below:

  1. Personal allowance is a basic allowance. It has been allowed for all jobs. It is fixed at 5%
  2. Basic Fatigue allowance of 4% is also common. It is allowed in all jobs.
  3. Standing: 0% allowance is required for standing in a slightly awkward position and further it will increase on the basis of awkwardness.
  4. Lifting: Any work requiring muscular or force energy will be provided lifting allowance. It will vary on the basis of weight lifted. Here 25 lbs. weight has been lifted. Hence, 4% lifting allowance has been provided.
  5. Bad light: It is available only when light is well below the recommended level. Here light is slightly below the recommended level. Hence, 0% allowance is required for in light that is slightly below recommended standards.
  6. Noise level: A continuous noise is common in production activities. For intermittent loud noises occurring a 2% allowance is provided.
  7. Monotony: As the monotony for the element is low for this work. No extra allowance is required. 0% is required for low monotony.

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The difference between personal assets and personal liabilities
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2 years ago
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In 2018, X Company sold 6,800 units of its only product for $36.10 each. Unit costs were as follows: Variable manufacturing $14.
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Answer The correct answer is 8.317 units

Explanation:

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Then, Calculate the Revenue less fixed cost  103.278.69+33.864=137.142,68

Then calculate the Variable margin that is equal to ( Price of sales per unit – Variable manufacturing – Variable selling) = (36.10-14.50-5.11)= 16.49

Finally divide the revenue less fixed cost on the variable margin (137.142,68/16.49) = 8316.72

                                     Units                        Price    Total

Revenue                             8,316.72                    36.10      300,233.54  

Fixed Manufacturing                                                  (15,980.00)

Variable manufacturing    8,316.72                    14.50      (120,592.42)

Fixed Selling                                                                    (17,884.00)

Variable Selling                 8,316.72                      5.11         (42,498.43)

Net Revenue                                                                     103,278.69  

Tax rate                                                                39%        (40,278.69)

Total                                                                            63,000.00  

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