If this question has the same list of choices as the ones posted before, the statement that does not accurately describe a characteristic of cash value for whole life insurance is:
"<span>Policy that accumulates cash value is less expensive than a policy that does not accumulate cash value."</span>
Answer:
Overhead Rate based on:
Direct labor hours: $12.5 per labor hour
Direct labor expense: 50% of labor cost e.g. $0.5 for every dollar of labor cost
Machine hours: $7.5 per machine hour
Explanation:
Overhead rate is calculated by dividing the total estimated manufacturing overhead to the relevant activity base selected e.g. machine hours, labor hours, labor cost etc.
Overhead rates are calculated for different bases are as follows:
Direct labor hours: $750,000 / 60,000 = $12.5 per hour
Direct labor Expense: $750,000 / 1,500,00 = 50% ($0.5 for every dollar cost of direct labor)
Machine hours: $750,000 / 100,000 = $7.5 per machine hour.
Answer:
Effect on income= 7,500 increase
Explanation:
Giving the following information:
Variable costs are $0.50 per unit.
Current monthly sales are 183,000 units.
Heaven Company has contacted Marx Company about purchasing 15,000 units at $1.00 each.
Because it is a special offer and there is unused capacity, we will not take into account the fixed costs.
Sales= 15,000*1= 15,000
Variable cost= 15,000*0.5= (7,500)
Effect on income= 7,500 increase
Answer:
JAN FEB MAR APR
Average monthly productivity 2.36 1.8 1.75 2.34
(units per hour)
Explanation:
a) Data and Calculations:
JAN FEB MAR APR
Units Produced 2300 1800 2800 3000
Hours per Machine 325 200 400 320
Number of Machines 3 5 4 4
Total machine hours 975 1,000 1,600 1,280
Average monthly productivity
(units per hour) 2.36 1.8 1.75 2.34
Productivity per hour = Units produced/Total machine hours used
Answer:
<em>Sympathy</em>
Explanation:
Gronroos <em>defined the technical aspect of what service is provided and the operational aspect of how the service is provided in two dimensions of service quality. </em>
The consumers consider what they get as the product of the system in which the technological value is used.
The five service quality dimensions include
- <em>Tangibility.</em>
- <em>Reliability
</em>
- <em>Responsiveness</em>
- <em>Assurance</em>
- <em>Empathy</em>