Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
direct Labor Standards for Nonmanufacturing Operations
One of the operations in the Wonderland Post Office is a mechanical mail sorting operation. In this operation, letter mail is sorted at a rate of one letter per second. The letter is mechanically sorted from a three-digit code input by an operator sitting at a keyboard. The manager of the mechanical sorting operation wishes to determine the number of temporary employees to hire for December. The manager estimates that there will be an additional 26,784,000 pieces of mail in December, due to the upcoming holiday season.
Assume that the sorting operators are temporary employees. The union contract requires that temporary employees be hired for one month at a time. Each temporary employee is hired to work 155 hours in the month.
a. How many temporary employees should the manager hire for December?__________ employees
b. If each employee earns a standard $14 per hour, what would be the labor time variance if the actual number of letters sorted in December was 27,576,000? Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number
Ogre Ltd acquires all the shares of Elf Ltd on 1 July 2011. The financial statements for Ogre and Elf at 30 June 2012 are provided below.
Vandel Inc. bases its selling and administrative expense budget on budgeted unit sales. The sales budget shows 3,000 units are planned to be sold in April. The remainder of the fixed selling and administrative expense represents current cash flows. T..
The partners share profits and losses as follows: Able, 50%, Bert, 30%, Carl, 20%. The partners have decided to liquidate their partnership by installments. Cash is distributed to the partners at the end of each month. Statement of Partnership Realiz..
Anderson Corporation is considering investing $180,000 in equipment to produce a new product. Useful service life of the equipment is estimated to be 10 years, with zero salvage value. Straight-line depreciation will be used, i.e., $18,000 a year. Wh..
How did MiniScribe inflate its financial statements? What are some of the factors that led to the inflated financial statements? What substantive audit procedures could have uncovered the fraud?
The three types of costs incurred in coal production are acquisition costs (costs to acquire the coal rich lands plus the present value of future cash flows necessary to restore the sites minus the cost of the land), exploration costs (costs of minin..
The Coca-Cola Company uses an EVA approach to performance measure which it calls economic profit. Go to Coca-Cola's website and view the 2007 Annual Report on Form 10-K. Discuss the level of detail provided by the company on their financial position...
Conduct a What-If Analysis: This what-if analysis concerns an unforeseen circumstance that could impact the company's current health as well as its future plans. A major customer is considering cancelling their order for prepared apple products.
Scottish Elements Inc. sells 30,000 units per year of its main product. One of the main components of this product is also manufactured by the company. The company is considering purchasing this component to an external supplier.
Is the existence of free cash flow a benefit or a hindrance to your international expansion plans? How might shareholders view your plans to spend free cash flow on an international investment or acquisition?
On January 1, 2015, the first day of its fiscal year, the city of Carter received notification that a federal grant in the a month of $650,000 was approved. Teh grant was restricted for the payment of wages for teenagers for summer employment. The te..
What hypotheses are built into MPC's balanced scorecard? Which of these hypotheses do you believe are most questionable and why?
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd