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Corazon Manufacturing Company has a purchasing department staffed by five purchasing agents. Each agent is paid $28,000 per year and is able to process 4,000 purchase orders. Last year, 17,800 purchase orders were processed by the five agents. Required: 1. Calculate the activity rate per purchase order. 2. Calculate, in terms of purchase orders, the: a. total activity availability b. unused capacity 3. Calculate the dollar cost of: a. total activity availability b. unused capacity 4. Express total activity availability in terms of activity capacity used and unused capacity. 5. What if one of the purchasing agents agreed to work half time for $14,000? How many purchase orders could be processed by four and a half purchasing agents? What would unused capacity be in purchase orders?
United Industries manufactures a number of products at its highly automated factory. the products are very popular, with demands far exceeding the factory's capacity. To maximize profit, management should rank products based on their:
During a year, Teri’s monthly sales compensation ranged between $14,000 and $18,800 per month and units sold ranged between 1,300 and 2,100 units for those same months. Use the high–low method to determine Teri’s monthly salary and commission rate pe..
To get a rough idea of the project's profitability, what is the project's expected rate of return for the next year (defined as the incremental profit divided by the investment)? Round your answer to two decimal places.
The executor of Danny Mack's estate has listed the following properties at fair value: Cash $200,000, Life Insurance Receivable $500,000, Investment in Stocks and Bonds $50,000, Rental Property $100,000, and Personal Property $80,000. Additionally, t..
The firm’s job-order costing system uses direct-labor hours (measured at practical capacity) as the cost driver for overhead application. In December of the preceding year, Calculate the predetermined overhead rate for the current year. Compute the a..
Barking Dog Company has a contribution margin ratio of 21%. Barking Dog desires a profit of $315,000 and must cover fixed costs of $945,945. What level of sales must Barking Dog reach in order to achieve its goal?
A fellow student says to you: "The statement of cash flows is the easiest of the basic financial statements to prepare because you know the answer before you start. You compare the beginning and ending balances in cash on the balance sheet and comput..
Walmart pays its employees on a weekly basis. Using the wage bracket tables, compute the federal income tax withholdings for the following employees
Who are the users of ratio analysis and Describe what ratio analysis is to your classmates.
Prepare the Journal entry for American purchase of the machine on January 1, 2011 and prepare an amortization schedule for the four-year of the term installment note.
Prepare in good form a statement of activities for governmental activities
The Chambers Manufacturing Company recorded overhead costs of $16,468 at an activity level of 5,100 machine hours and $10,017 at 2,400 machine hours. The records also indicated that overhead of $10,078 was incurred at 3,050 machine hours. What is the..
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