Calculate the minimum labor cost for each segment

Assignment Help Financial Accounting

Reference no: EM131220283

Minimum Material Cost Calculate the minimum Material Cost per segment using the following equation and table below: Minimum Material Cost = [(Lowest Acceptable MTBF * 0.30) / 1000] + Trailing Edge Position Cost Material Position Component Costs Trailing Edge Cost Leading Edge Cost Low Tech $1.50 $8.50 High Tech $4.00 $10.00 Minimum Labor Cost Calculate the minimum Labor Cost for each segment. Assume a base labor cost of $11.20 ($11.20 is a rough estimate of labor cost used solely to illustrate the Margin Potential Concept). Minimum Labor Cost = [$11.20 - (1.12 * Automation Ratings Below)] + 1.12 Segment Automation level (out of 10) Low Tech Automation 10.0 HighTech Automation 6.0

Reference no: EM131220283

Questions Cloud

Operating section of statement of cash flows reconciliation : How much of accounts receivable was written off during 2014? Use a T-Acct to figure this out. What was the amount of cash collected on receivables during 2014? Use a T-Acct to figure this out. Why is the "bad debt expense" added to net income in the ..

Consumer utility maximizing choices : A consumer has a utility function: u(x1, x2) = ax1 + bx2, where a and b are positive numbers. The consumer has an income m = 10 and can buy goods at the prices (p1, p2) = (2,1). What are the consumer's utility maximizing choices subject to the bu..

Show the new budget constraint : Suppose the budget is $60 and the price of books is $20 and the prince of movies is $10. Draw the budget constraint. Change the price of books to $15 and show the new budget constraint.

How will you collect the necessary data for the report : Where will you collect the data you need to prepare the report? How will you collect the necessary data for the report? What will the report look like? Prepare an accounts receivable aging report in excel or another spreadsheet package?

Calculate the minimum labor cost for each segment : Minimum Material Cost Calculate the minimum Material Cost per segment using the following equation and table below: Minimum Material Cost = [(Lowest Acceptable MTBF * 0.30) / 1000] + Trailing Edge Position Cost Material Position Component Costs Trail..

What class of compounds is this characteristic and why? : At pH 9.2, seconal absorbs at 239 nm. At pH 13, the absorbance shifts to 254 nm. Of what class of compounds is this characteristic and why? Three compounds were found to have the same empirical formula, that is the same number of carbons, hydrogens, ..

Deteremine depreciation expence as the plug figure required : Precision Systems had sales of S820,000, cost of goods of $510,000, selling and administrative expense of $60,000, and operating profit of $103,000. What was the value of depreciation expense? Set this problem up as a partial income statement and det..

Prepaid insurance account : On december 31 2015 coolwear inc. had a balance in its prepaid insurance of $52400. During 2016 $90000 was paid for insurance. At the eend of 2016 after adjusting entries were recorded the balance in the prepaid insurance account wads 44000 . insuran..

Is the college education worth the effort and cost : Is the College Education worth the Effort and Cost? Why College is not necessary? Why Education is important?

User Account

All Pages