Answer:
The answer is <u>"1.80 pounds".</u>
Explanation:
Standard quantity of material = ?
material required = 1.2 pounds
dot allows pounds of waste = 0.25 pounds
Amount of rejected material = 0.35 pounds
We can find standard quantity of material by adding the amount of material required, amount of material required for waste and amount of rejected material.
Standard quantity of material = 1.2 pounds + 0.25 pounds + 0.35 pounds
=<u> 1.80 pounds</u>
Answer: Merit based plan
Explanation: In a merit based plan, the employer raises the pay of his or her employees on the basis a set criteria. Under this plan, employer takes into consideration the performance of employees in a specified period and take appropriate decision accordingly regarding pay raise.
In the given case, Daichi is providing their employees raise on the basis of their performances.
Hence we can conclude that Daichi is using merit based plan.
On FOB terms, the buyer:
1. Pays the cost of the goods, a car in this case.
2. Pays for transportation of the goods.
3. Pays import duties.
4. Pays for insurance.
However, advertising and salaries are general and administrative expenses and thus related to operation expenses and not production expenses.
In this case,
Assigned cost of the used car = 18,000+180+810+140 = $19,130
Answer:
$3,740
Explanation:
The computation of net operating income is shown below:-
Contribution margin = Sales × CM ratio
= $318,000 × 18%
= $57,240
Net operating income = Contribution margin - fixed assets
= $57,240 - $53,300
= $3,740
So, we have applied the above formula.
Hence, the net operating income is $3,740 and the same is to be considered