Company xyz offers a group term life insurance plan to its employees what does each employee covered

Childress Company produces three products, K1, S5, and G9. Each product uses the same type of direct material. K1 uses 4.9 pound

Stella [2.4K]

Answer:

Childress Company

Orders for K1 should be filled first.

Orders for G9 should be filled second.

Orders for S5 should be filled third.

Explanation:

a) Data and Calculations:

K1 S5 G9

Direct materials per unit (pounds) 4.9 2.4 5.4

Materials available for production = 58,400

Selling price $ 167.40 $ 99.28 $ 210.02

Variable costs 89.00 76.00 149.00

Contribution margin per unit $ 78.40 $ 23.28 $ 61.02

Contribution margin per pound $16 $9.70 $11.30

Orders for K1 should be filled first

Orders for G9 should be filled second

Orders for S5 should be filled third.

b) This order filling sequence will maximize the contribution margin per pound, ensuring the highest efficient use of the limited materials available for production.

3 0

2 years ago

The managers of a car dealership have decided to utilize the Hawthorne effect to increase productivity, which means using camera

Leokris [45]

Answer:

False

Explanation:

The change in the behaviour of participants when they are aware that they are being observed is called Hawthorne effect. It can be defined as increase in output in response to being watched.

The term emerged with Hawthorne studies that tested the impact of various working condition variables on the productivity of the employees. Although experts do not believe that there was any Hawthorne effect in Hawthorne studies.

Hawthornian studies began around 1924 at the western Electric plant in Illinois, Chicago.

5 0

3 years ago

Data pertaining to a company's joint production for the current period follows

Ainat [17]

Answer:

a. $295.81

Explanation:

Total market value = (310 * 10.2) + (260 * 20.4)

Total market value = 3,162 + 5,304

Total market value = 8466

Joint cost allocated to L on basis of value

= [ (310 * 10.2) / 8,466] * 792

= (3,162 / 8,466) * 792

= $295.81

4 0

3 years ago

A non-linear production possibilities model assumes that

mixer [17]

A non-linear production is also known as a bending producing model. A non-linear production possibilities model estimates what amount of something can be produced using the economy's current resources and technology to make the predictions.

3 0

3 years ago

Read 2 more answers

Bond A pays $4,000 in 14 years. Bond B pays $4,000 in 28 years. (To keep things simple, assume these are zero-coupon bonds, whic

Arlecino [84]

Answer and Explanation:

Given that Bond A pays $4,000 in 14 years and Bond B pays $4,000 in 28 years, and that the interest rate is 5 percent, we see that Using the rule of 70, the value of Bond A is 70/5 = doubled after 14 years. Now if its value is 4000 in 14 years, its current value must be halved. Hence the value is 2000.

Sinilarly the value of Bond B is approximately one fourth now because it pays 4000 in 28 years. Hence its value is 4000/4 = 1000.

Now suppose the interest rate increases to 10 percent. Hence the doubling time is 70/10 = 7 years

Using the rule of 70, the value of Bond A is now approximately 1,000 and the value of Bond B is 250

Comparing each bond’s value at 5 percent versus 10 percent, Bond A’s value decreases by a smaller percentage than Bond B’s value.

The value of a bond falls when the interest rate increases, and bonds with a longer time to maturity are more sensitive to changes in the interest rate.

8 0

2 years ago