Answer:
d) 34.17
Explanation:
we must first calculate the total overhead expenses = $120,000 (ordering and receiving) + $297,000 (machine setup) + $1,500,000 (machining) + $1,200,000 (assembly parts) + $300,000 (inspection) = $3,417,000
since overhead is applied based on direct labor hours, then the predetermined overhead rate = total overhead expenses / total direct labor hours = $3,417,000 / 100,000 labor hours = $34.17 per labor hour
Answer:
Annual withdrawal= $57,032.02
Explanation:
Giving the following information:
Initial investment (PV)= $450,846
Interest rate (i)= 12.65%
<u>To calculate the annual withdrawal, we need to use the following formula:</u>
PV= Cf / i
Cf= annual cash flow
450,846= Cf / 0.1265
450,846*0.1265 = Cf
Cf= $57,032.02
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Answer:
Explanation:
Please check the attached file below to see answer to the given question
Answer:
A management systment which is based on the concept that In every aspect of the operation of a company, each employee must ensure the high quality of work. This system enhances the employees efficiency and capability as well. Its main objective is the customer satisfaction and make a value of product through Quality work. In this system employees continuously improve their skills.