420 is what I got. if you do two divided by 120 it gives you 60 then 60 times 7 is 420.
Answer and Explanation:
According to the scenario, computation of the given data are as follow:-
a).Work shift per day = 8 hours
Average of arriving trucks = 40
Loading time of workers = 8 min.
Earning of truck drivers = $20
Earning of workers = $18
If the truck drivers are engaged for one station, the cost may be focused on truck drivers in the system at a certain point. But if it's not, then the cost in the line must be dependent on truck drivers, since that's the best approximation of scope.
b). Hourly Cost for this System =Truck Driver Cost × No. of Trucks in an Hour + Worker Hourly Cost
= $20 × (60 ÷ 8) + $18
= $20 × 7.5+ $18
= $168
c). If they add additional dock. Then Their Total Cost in an hours
= $168 ×2
= $336 (because both worker take similar time so simultaneously 2 truck can be loaded)
If the cost doubles, the average no. of trucks service doubled too along with the ability of company to send out delivered trucks. So option 2 is better.
Answer:
$2,889
Explanation:
We need to use the MACRS cost recovery schedule for business property (39 years) placed on service during the 8th month = 0.963%
Jane's total deduction = total cost of improvements x depreciation schedule = $300,000 x 0.963% = $2,889
Modified accelerated cost recovery system (MACRS) is the depreciation method established by the IRS to calculate tax deductions based on asset depreciation.
Answer:
A Merchandising Company
Journal Entries:
Nov. 5:
Debit Inventory $6,000
Credit Accounts Payable $6,000
To record the purchase of 600 units of a product at a cost of $10 per unit, terms, 2/10, n/60.
Nov. 7:
Debit Accounts Payable $250
Credit Inventory $250
To record the return of 25 defective units.
Nov. 15:
Debit Accounts Payable $5,750
Credit Cash Discount $115
Credit Cash Account $5,635
To record payment on account.
Explanation:
The journal entries show the accounts affected by each transaction. Two or more accounts are usually affected. One account receives value and is debited and the other gives value, and it is credited.
The trade terms 2/10, n/60 implies that a cash discount of 2% on the outstanding balance exists for early settlement on account within 10 days and the credit period should not exceed 60 days or two months.
