Answer:
Standard hours= 1,200 hours
Explanation:
Giving the following information:
XYZ Corporation's standards call for 1,000 direct labor-hours to produce 250 units of product.
During October the company worked produced 300 units.
<u>First, we need to calculate the standard hour per unit:</u>
Standard hour per unit= 1,000 / 250= 4 hours per unit
Now, the standard hours allowed for 300 units:
Standard hours= standard hour per unit*number of units
Standard hours= 4*300
Standard hours= 1,200 hours
Answer:
Adam smith is Abigail Smiths husband
Explanation:
They have been married for centies
Answer:
B. overstate the predetermined overhead rate.
Explanation:
As we know
The Predetermined overhead rate would be equal to
Predetermined overhead rate = (Total estimated manufacturing overhead) ÷ (estimated direct labor-hours or machine hours)
In the given question, the direct labor cost is used for computing the predetermined overhead rate which is already wrong.
To find out the predetermined overhead rate, we always use the indirect cost instead of direct cost
This error could overstate the predetermined overhead rate as it would increase the indirect labor due to which overhead is also increased. So, automatically the rate would also be increased.
There will be no time to plan, demo, and improve together if there is no invention and planned iteration.
The Innovation and Planning (IP) Iteration happens at the end of each Program Increment (PI) and fulfils several functions. It serves as a buffer for fulfilling PI Objectives and allocates time for innovation, continuous education, PI Planning, and Inspect and Adapt (I&A) activities. Every iteration is important, and the teams are largely focused on producing short-term benefit. The Solution gets closer to market with each iteration. The focus on solution delivery is high and unwavering.
Iteration Planning is a meeting when all team members decide how much of the Team Backlog they will deliver during the upcoming Iteration. The effort is summarized by team as a set of committed Iteration Goals.
As a result, if there is no innovation and planned iteration, there will be no time to plan, showcase, and improve together.
To know more about innovation and planning iteration click here:
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Answer:
Inventory at year-end: 344,000
Explanation:
The inventory should add the purchased goods from Pelzer as the possesion is transfer at shipping point.
The sales units to Alvarez should also be included as teh transfer is not complete yet. The term on this transaction are at destination.
Total inventory in transit: 28,940 + 39,800 = 68,740
on hand: $ 275,260
in-transit: $<u> 68, 740 </u>
Total: $ 344,000