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vagabundo [1.1K]
3 years ago
5

Snyder Painting is transitioning to an ABC system. So far, the company has traced its costs back to several different activities

, including customer consultation, paint storage, onsite paint application, and site preparation and cleanup. If Snyder wants to reduce its non-value-added activities to the greatest extent possible, it should concentrate its efforts on reducing the amount of time and money it spends on
Business
1 answer:
Andreyy893 years ago
8 0

Answer:

Snyder Painting

If Snyder wants to reduce its non-value-added activities to the greatest extent possible, it should concentrate its efforts on reducing the amount of time and money it spends on

B. paint storage.

Explanation:

a) Identified Activities of Snyder Painting:

A. customer consultation.

B. paint storage.

C. site preparation and cleanup.

D. onsite paint application.

b) Non-value added activities are activities that are currently necessary and consume resources but do not add value to the company's product or service.  For example, equipment set-up, parts inspection, recording job time, job scheduling, product storage, and customer billing. These activities should be reduced to the barest minimum in order to maximize value.

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Tee Time Golf Resort plans to use famous Kauri wood from New Zealand for parts of the interior of the magnificent clubhouse at i
Tju [1.3M]

Answer:

correct option is C. it's a good time to buy the wood.

Explanation:

given data

slab = 10 feet

cost Tee Time =  $5,000

$500 US dollars = $738 NZ dollars

solution

If they import timber from New Zealand. Tea Golf Resort pays less than $ 5000 to import Wood from New Zealand at the current exchange rate. This is a good time for them to import forests

we get here current exchange rate of 1 dollar that is as

US $500 = NZ $738

so $1 = \frac{738}{500}  

$1 = NZ  $1.476

current exchange rate is $1 = NZ $1.476

so

10 foot slab costs $5000

so Tee Golf Resort will pay is

Tee Golf Resort pay = \frac{5000}{1.476}  

Tee Golf Resort pay = $3387.53

so correct option is C. it's a good time to buy the wood.

3 0
3 years ago
​Healthier, more educated workers tend to be more productive. Greater overall productivity per hour worked is a fundamental comp
Alja [10]

Answer:

A. the brain drain.

Explanation:

<em>Brain drain is a social phenomenon in which skilled individuals seek a more favorable professional opportunity and a higher standard of living outside of their countries. </em>This can be avoided by improving health and​ education, developing countries can generate economic​ growth, and increase incomes as the question says.

I hope you find this information useful and interesting! good luck!

5 0
3 years ago
Read 2 more answers
You are evaluating five different investments, all of which involve an upfront outlay of cash. Each investment will provide a 2
Naddika [18.5K]

Answer:

8.27%

4.69%

10.77%

9.47%

4.81%

Explanation:

Please find attached the diagram of the cash flows

Internal rate of return is the discount rate that equates the after-tax cash flows from an investment to the amount invested

IRR = (future value / present value)^(1/n)

n = number of years

1. (2637/1100)^(1/11) - 1 = 8.27

2. (13091 / 9500)^(1/7) - 1 = 4.69

3. (1855 / 400)^(1/15) - 1 = 10.77

4. (5030 / 3200)^(1/5) - 1 = 9.47

5. (9598 / 6000)^(1/10) - 1 = 4.81

8 0
2 years ago
easures of average workweeks and of supplier deliveries (vendor performance) are included in the index of leading indicators, be
OverLord2011 [107]

Answer:weaker; stronger

Explanation:index of leading indicators is an index published monthly by The Conference Board. It is used to predict the direction of global economic movements in future months. The index is composed of 10 economic components whose changes tend to precede changes in the overall economy. Businesses and investors can use the index to help plan their activities around the expected performance of the economy and protect themselves from economic downturns.

Leading economic indicators are statistics that precede economic events. They predict the next phase of the business cycle. That becomes critical when the economy is either coming out of a recession or heading into one.

5 0
3 years ago
At the beginning of the year, manufacturing overhead for the year was estimated to be $1,033,125. At the end of the year, actual
eimsori [14]

Answer:

36,250 direct labor- hours

Explanation:

Calculation to determine what the estimated direct labor-hours at the beginning of the year used in the predetermined overhead rate must have been:

First step is to calculate the Manufacturing overhead applied using this formula

Manufacturing overhead applied = Actual overhead + Overapplied overhead

Let plug in the formula

Manufacturing overhead applied= $972,000 + $65,115

Manufacturing overhead applied= $1,037,115

Second step is to calculate the Predetermined overhead rate using this formula

Predetermined overhead rate = Manufacturing overhead applied ÷Actual direct labor-hours

Let plug in the formula

Predetermined overhead rate= $1,037,115÷ 36,390 direct labor-hours

Predetermined overhead rate = $28.50 per direct labor-hour

Now let calculate the Estimated direct labor-hours using this formula

Estimated direct labor-hours = Estimated total manufacturing overhead ÷Predetermined overhead rate

Let plug in the formula

Estimated direct labor-hours= $1,033,125 ÷$12.50 per direct labor-hour

Estimated direct labor-hours= 36,250 direct labor- hours

Therefore the estimated direct labor-hours at the beginning of the year used in the predetermined overhead rate must have been:36,250 direct labor- hours

4 0
3 years ago
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