Insurance Plan Summary

A furniture factory produced 1600 standard chairs in eight days. If the factory employed five workers, what was the labor produc

kari74 [83]

Answer:

A. 40

Explanation:

Calculation for what was the labor productivity, in chairs per worker per day

Using this formula

Labor productivity per day =Company Per day output/ Number of labor

Let plug in the formula

Labor productivity per day= 1600/8 days×5 workers

Labor productivity per day=1,600/40

Labor productivity per day= 40

Therefore the Labor productivity per day will be 40

8 0

3 years ago

Todco planned to produce 3,000 units of its single product, Teragram, during November. The standard specifications for one unit

Brums [2.3K]

Answer:

(A) the actual cost of materials was less than the standard cost.

Explanation:

Since actual production was 3,100 units we shall calculate standard cost for such product

standard cost of material per unit = 6 pounds for $0.30 per pound = $1.8 per unit

Cost for 3,100 units = 3,100 $\times$ $1.8 = $5,580

Favorable material purchase price variance = $380 favorable

which means actual price was less than standard price,

Unfavorable material quantity variance of $120 means actual quantity used is more than standard quantity.

Material Quantity Variance = (Standard Quantity - Actual Quantity) $\times$ Standard Price

Standard Quantity = 3,100 $\times$ 6 = 18,600

- 120 = (18,600 - AQ) $\times$ $0.3

-120/0.3 = 18,600 - AQ

-400 = 18,600 - AQ

AQ = 18,600 + 400 = 19,000 units

Using material price variance, we have

$380 = ($0.3 - AP) $\times$ 19,000

$380/19,000 = $0.3 - AP

$0.02 = $0.3 - AP

AP = $0.3 - $0.02 = $0.28

Therefore Actual Cost = 19,000 $\times$ $0.28 = $5,320

Standard Cost = $5,580

Therefore correct statement is

(A) the actual cost of materials was less than the standard cost.

4 0

3 years ago

has 17,500 shares of stock outstanding along with $408,000 of interest-bearing debt. The market and book values of the debt are

Naddik [55]

Answer:

$926,073

Explanation:

Enterprise value=market capitalization+value of debt-cash

value of the firm=price-earnings ratio=11.8

earnings=net income

net income=profit margin*sales

net income=$697,000*6.8%=$47,396

11.8=market capitalization/$47,396

market capitalzation=11.8*$47,396=$559,272.80

enterprise value=$559,272.80+$408,000-$41,200=$ 926,072.80 (approx $926,073)

6 0

3 years ago

Between 1870 and 1900, the number of children younger than 16 working for wages rose from 700,000 to

zalisa [80]

Not only hazard but child labor rise steeply. Between 1870 and 1900 the number of children – typically under 16 and paid a portion of what adults made – grow from 700,000 to over 1.7 million. But why industrial workplaces were so unsafe because there were insufficient laws that required welfare be measured in the workplace, so most bosses decided that it was needless to implement preemptive measures.

4 0

3 years ago

Which scenario best reflects the relationship between production and demand in a recession?

Maurinko [17]

Answer:

you know the more you delete my aswers the more mad i get so your punishment is getting spammed have fun!!!

Explanation:

The post has just arrived and in it a very nice surprise, the discovery that Jacques Seguela, one-time adviser to President Mitterrand, now close confidant of President and Madame Sarkozy (indeed he intoduced them), and something of a legend in French political communications, has dedicated his latest book to little old moi.

With apologies for the missing accents here and in the French bits of the long posting which follows – the dedication to ‘Le Pouvoir dans la Peau‘ (Power in the skin) reads ‘A Alastair Campbell, mon spin doctor prefere’ (three missing accents in one word – mes excuses sinceres).

So what did I do for this honour, you are asking? Well, perhaps the fact that he asked me to read his book, and write a ‘postface’ assessment both of his writing and of the issues he covers, and the fact that I said yes, has something to do with it. He says some blushmakingly kind things in his ‘preface to the postface’, which I will have to leave to French readers of the whole thing (published by Plon). But for the largely Anglophone visitors of this blog, I thought some of you might like to read the said ‘postface’ in English (apart from the bits where I quote direct from his book). I hope all those students who write asking for help with dissertations will find something quotable in it.

Meanwhile I am off to Norway for a conference and a meeting with the Norwegian Labour Party. I’m looking forward to being in the country with the highest ‘human development index’ in the world, and which showed such a mature response to the recent massacre of Oslo and Utoya.

Here is the postface to Le Pouvoir dans la Peau

Jacques Seguela writes about political campaigns and communications not merely as an expert analyst, but as an experienced practitioner. Hence his latest book contains both insights worth heeding, but also enlivening tales of his own experience. He is observer and participant; outsider looking in, and insider looking out. There is much to look at, not least in France with a Presidential election looming, and the outcome far from easy to predict.

so lol

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3 0

4 years ago