Answer:
It is more convenient to buy the product from an outsource supplier.
Explanation:
Giving the following information:
To make a batch of 800 units, it is estimated that 120 direct labor hours are required for $12 per hour. Direct material costs are estimated at $1,800 per batch. The overhead costs are calculated based on an overhead rate of $7.50 per direct labor hour. The item can be readily purchased from a local vendor for $5 per unit.
We need to determine whether it is more convenient to make in house or outsource.
Make in house:
Total variable cost= 120*12 + 1,800 + 120*7.5= $4,140
Unitary variable cost= 4,140/800= $5.18
Buy= 5
It is more convenient to buy the product from an outsource supplier.
Answer:
The correct answer is B. 7.143 %.
Explanation:
Return on assets is a profitability ratio that provides how much profit a company is able to generate from its assets. In other words, return on assets (ROA) measures how efficient a company's management is in generating earnings from their economic resources or assets on their balance sheet. ROA is shown as a percentage, and the higher the number, the more efficient a company's management is at managing its balance sheet to generate income.
The formula to calculate it is given below.
ROA = Net Income/Average total asset * 100
= 450,000/ 6,300,000*
= 7.14 %
*= (6,000,000 + 6,300,000)/2
Answer:
d. $ 263.50
Explanation:
The Exchange rate is 1 dollar = 19.924 Uruguayan Peso.
We need to buy 5000 Uruguayan pesos but the agent requires a comision of a 5% when converting currency, so really we will need to buy:
5,000 Uruguayan pesos + 5,000 Uruguayan pesos* 0.05 = 5,250 Uruguayan pesos.
Now if we apply the given exchange rate we will obtain the amount of US Dollars we need:
x U$S = (5,250 Ur.$)/(19,924 Ur.$/U$S)= 263,50 U$S needed
Answer:
Federal Insurance Contributions Act
Explanation:
The Federal Insurance Contributions Act refers to a law that establishes the federal taxes that are deducted from employees' salaries to get the funds for social services like Medicare, disability insurance, among others. According to this, the answer is that the act that requires most employers to withhold certain amounts from employees' earnings for contributions to the Social Security and Medicare programs is called the Federal Insurance Contributions Act.
Answer:
(C) 17.65%
Explanation:
For computing the maximum sales growth rate, first we have to determine the full capacity sales which are shown below:
= Sales value ÷ capacity percentage
= $850 million ÷ 85%
= $1,000 million
Now the maximum sales growth rate would be
= (Full capacity sales - actual sales) ÷ (actual sales)
= ($1,000 million - $850 million) ÷ ($850 million)
= $150 million ÷ $850 million
= 17.65%
