Answer:
- Number of workers
- Hours of labor
Explanation:
Productivity is a gauge of efficiency in the production process. The most common way of calculating it is by dividing the outputs by inputs.
The other way of calculating productivity is through labor. Labor productivity assesses the rate of output per worker per unit of time, usually hourly. Labor productivity is also the business's total production per unit of time, say an hour or per day.
Answer:
Kingbird, Inc
Balance Sheet (Partial) as on December 31, 2020
Fixed Assets
Building $1,150,000
Accumulated Depreciation <u>($646,000)</u>
Net book value of Building $504,000
Goodwill $450,000
Coal mine $495,000
Accumulated Depletion <u>($109,000)</u>
Net Value of Coal mine <u>$386,000</u>
Total Fixed Assets <u>$1,340,000</u>
Explanation:
Fixed assets are all those asset which will be kept by the company more than one year. It is not converted to cash / Sold before one year time. If Company has the intention to sale the asset within one year then it will be classified as current asset.
All the assets are classified as the fixed assets. The depreciation and Depletion are contra asset accounts, these are adjusted against the relevant Assets and Net book value of that assets is reported on the balance sheet.
Answer:
$11.1
Explanation:
We can calculate the factory overhead allocated to a unit using multiple department factory overhead rate methods with an allocation base of direct labor hours. In this method, we will divide the te total overhead cost in direct labor hours consumed in that department.
Solution
Direct Labor Overhead rate for Finishing = $550,000/500,000
Direct Labor Overhead rate for Finishing = $1.10 per hour
Direct Labor Overhead rate for Production = $400,000/80,000
Direct Labor Overhead rate for Production = $5
Overhead for DeskLamps = (Direct labor hours in Finishing x Direct Labor Overhead rate for Finishing + Direct Labor hours in Production x Direct Labor Overhead rate for Production)
Overhead for DeskLamps= (1x$1.10 + 2x$5)
Overhead for DeskLamps= $11.1
Answer:
$2,700
Explanation:
Calculation for what should this professor be willing to pay in rent per month
First step is to calculate the Transportation cost per week
Transportation cost = ($25*4 hrs)* 3 per week
Transportation cost =$100*3 per week
Transportation cost= 300 a week
Now let calculate the rent per month
Rent per month= $1500 + ($300*4)
Rent per month=$1,500+$1,200
Rent per month= $2,700
Therefore what should this professor be willing to pay in rent per month to live near campus if her hourly wage rate is $25 will be $2,700
