Answer:
Predetermined manufacturing overhead rate= $6.875 per machine-hour
Explanation:
Giving the following information:
The estimated manufacturing overhead costs are $275,000 and an estimated 40,000 machine hours.
To calculate the predetermined manufacturing overhead rate we need to use the following formula:
Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
Predetermined manufacturing overhead rate= 275,000/40,000
Predetermined manufacturing overhead rate= $6.875 per machine-hour
Answer:
12
Explanation:
Computation for throughput time
Using this formula
Throughput time = Process time + Inspection time + Move time + Queue time
Let plug in the formula
Throughput time=5+0.6+0.4+6
Throughput time=12
Therefore the Throughput time will be 12
Answer:
Minimum transfer price when operating at capacity is the marginal cost + opportunity cost
Maximum transfer price is marginal cost only, when not operating at capacity.
Explanation:
Minimum transfer price when operating at capacity is the marginal cost + opportunity cost because when operating at capacity there are 2 elements involved - the cost at which it has made the units it will be transferring to another department within the organisation, and the profit it would have made if it had sold those units to others (opportunity cost)
Maximum transfer price is marginal cost only, when not operating at capacity because the department is constrained, it can only produce for the satisfaction of internal demand, not external customers; hence there is no case of opportunity costs.
The answer for the blank part of the statement is human resource management.
Human resource management is <u>a field that is concerned with management of employees in an organization so that they can contribute to a company’s competitive advantage. </u>
Thus, conducting a job analysis to ensure that the job description and task list is under the right job position is a challenge that a professional in this field would be tackling.
Answer:
Persuasive messages convince someone to accept a product, service, or idea.
Explanation:
A persuasive message starts with highlighting the customers greatest benefit. It can be boldly displayed on the heading or opening statement in a marketing conversation.
A persuasive message occurs when a person attempts to convince an individual or group to take certain specific actions•
In a business environment, the two types of persuasive messages are sales and marketing, which are utilized to convert intention to effective demand which translates into retained customers.
