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sveticcg [70]
3 years ago
12

A hamburger factory produces 70,000 hamburgers each week. The equipment used costs $13,000 and will remain productive for four y

ears. The labor cost per year is $13,000. What is the productivity measure of "units of output per dollar of input" averaged over the four-year period?
Business
1 answer:
murzikaleks [220]3 years ago
7 0

Answer:

224 units of output per dollar of input

Explanation:

The computation is shown below:

Productivity measures = (Total units produced) ÷ (Total labor cost + Total equipment cost)

where,

Total units produced is

= 70,000 × 52 weeks in a year × 4 years

= $14,560,000

Total units produced

= $13,000 × 4 years

= $52,000

And, the cost of equipment is $13,000

So, the productivity measures is

= ($14,560,000) ÷ ($52,000 + $13,000)

= 224 units of output per dollar of input

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Feemster Corporation manufactures and sells a single product. The company uses units as the measure of activity in its budgets a
damaskus [11]

Answer:

$288 (F)

Explanation:

In order to calculate activity variance we subtract actual results from the flexible budget. Moreover, the flexible budget is determined by taken into account both fixed and variable expense of the activity. This is shown below:

Flexible Budget of Selling and Administrative Expense = 25,900 + (2.1 x 5,980) = $38,458

Variance = 38,170 - 38,458 = $288 (F)

Because the actual expense is less than the flexible budget, the variance is favorable (F).

Note: Variable flexible budget is calculated by multiplying the variable rate with the actual units produced.

5 0
3 years ago
you are saving $30 each month. you have a goal to accumulate $700 in savings. how long will it take you?
vredina [299]
<span>Goal = accumulate $700 in savings
</span><span>Saving = $30 a month
</span><span> To solve: Take the goal savings amount of $700 and divide the amount that is going into the savings monthly, $30 by it.
</span><span>$700/$30 = 23.33 months
</span><span>If sticking to a full month goal, it would take 24 months for the savings to be at $700. </span>
5 0
3 years ago
Read 2 more answers
What degree is needed to be an accountant?<br> I really, really, really need the answer
Lina20 [59]
It’s not required but accountants go to college and earn their bachelors degree!
4 0
3 years ago
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Following are summary financial statement data for Nordstrom Inc. for fiscal years ended 2014 through 2016.
Gwar [14]

Answer:

Nordstrom Inc.

a. Return on Assets (ROA) for the fiscal years ended 2019 and 2018:

= Net income/Total Assets

2019 = 7.15%

2018 = 5.39%

b. Profit Margin (PM) for fiscal years ended 2019 and 2018:

= Net income/Sales * 100

2019 = 3.56%

2018 = 2.82%

c. Asset Turnover (AT) for fiscal years ended 2019 and 2018:

= Total Sales / Average Assets

2019 = 1.98x

2018 = 1.94x

Explanation:

a) Data and Calculations:

$ thousands       2019       2018        2017

Sales              $15,860   $15,478   $14,757

Net income          564          437         354

Total assets      7,886         8,115      7,858

Average assets 8,001        7,986

Equity                   873          977          870

a. Return on Assets (ROA) for the fiscal years ended 2019 and 2018:

= Net income/Total Assets

2019 = $564/$7,886 * 100 = 7.15%

2018 = $437/$8,115 * 100 = 5.39%

b. Profit Margin (PM) for fiscal years ended 2019 and 2018:

= Net income/Sales * 100

2019 = $564/$15,860 * 100 = 3.56%

2018 = $437/$15,478 * 100 = 2.82%

c. Asset Turnover (AT) for fiscal years ended 2019 and 2018:

= Total Sales to Average Assets

2019 = $15,860/$8,001 = 1.98x

2018 = $15,478/$7,986 = 1.94x

b) Return on Assets (ROA) indicates the relative profitability of assets, which indicates the ability of management to generate earnings from the entity's assets.

The Profit Margin (PM) measures the degree to which a dollar-sales is turned into profit.

Asset Turnover (AT) measures the efficiency achieved by the entity in generating sales from its assets.

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tatuchka [14]

3D printing has the capacity to contribute millions of factory jobs back to the United States and kick start a new wave of economic growth across a variety of industries.

<h3>How does 3D printing affect technology?</h3>

3D printing improves to reduce the complexity and improve time-to-market. It helps to consolidate the different procedures required in printing and manufacturing. It has an impact on the essential global chain.

Thus, 3D printing has the capacity to contribute millions of factory jobs back to the United States

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