Answer and Explanation:
According to the scenario, computation of the given data are as follow:-
a).Work shift per day = 8 hours
Average of arriving trucks = 40
Loading time of workers = 8 min.
Earning of truck drivers = $20
Earning of workers = $18
If the truck drivers are engaged for one station, the cost may be focused on truck drivers in the system at a certain point. But if it's not, then the cost in the line must be dependent on truck drivers, since that's the best approximation of scope.
b). Hourly Cost for this System =Truck Driver Cost × No. of Trucks in an Hour + Worker Hourly Cost
= $20 × (60 ÷ 8) + $18
= $20 × 7.5+ $18
= $168
c). If they add additional dock. Then Their Total Cost in an hours
= $168 ×2
= $336 (because both worker take similar time so simultaneously 2 truck can be loaded)
If the cost doubles, the average no. of trucks service doubled too along with the ability of company to send out delivered trucks. So option 2 is better.
Answer:
Estimated Warranty Liability December 31, 2020
Debit Credit
Beginning balance $0
Actual Warranty Expenditure $12,000 Estimated total cost of $48,000
Warranty $800,000*6%
Ending Balance $36,000
$48,000 $48,000
Estimated Warranty Liability December 31, 2020
Debit Credit
2021 Servicing Expense $35,000 Beginning balance $36,000
Ending Balance $61,000 Estimated total cost of $60,000
Warranty $1,000,000*6%
$96,000 $96,000
So, the company should report an estimated warranty liability of $61,000 at Dec 31, 2021
Answer: U.S Treasury bonds
One of the main risks of investing is the risk of not getting back the amount invested. This risk is called default risk.
Income bonds, preferred stocks and subordinated debentures have default risk since there is no guarantee by the issuing companies that they will repay the principal, and interest or preferred dividends, as the case may be.
However, if an investor holds a U.S treasury bonds until maturity, the government gives a guarantee on the interest payment and principal amount. Hence the U.S treasury bonds are traditionally considered to have the least risk.
However, even U.S. treasury bonds are sensitive to inflation and interest rates.
Answer:
What grade did you get? I'm confused
The company in here is forced to sale their older inventory
because of the demand of 700 units while the inventory that last entered their
warehouse was only 600 units. Since they are following the LIFO method of
inventory, LIFO liquidation will take place and the normal gross profit will
differ than the actual profit. The sales for Rose Industries would be $21,000
(700 units x $30). The COGS should have been $12,600 (700 units x $18)
following the normal sale of inventory giving the normal gross profit as $8,400
($21,000 - $12,600). But since the demand is higher than the inventory that was
last purchased, the company needs to sell 100 units of product ab that costs
$12. Therefore, the COGS would be $12,000 [(600 units x $18) + (100 units x
$12). Therefore the actual gross profit is $9,000 which is $600 higher than the
normal gross profit.
