Ed koehler started great southern furniture five years ago

Assignment Help Accounting Basics
Reference no: EM13597692

Ed Koehler started Great Southern Furniture five years ago to assemble prefabricated bedroom furniture for large hotel chains. Hotels purchased furniture (beds, night stands, and chest of drawers)from manufacturers who ship the furniture to the hotels unassembled. Koehler sends a site supervisor and a small crew of employees to the hotel. The site supervisor 1st hires employees along with small crew of Great Southern employees to help assemble the furniture and the trains them. The locally hired employees along with the small crew of Great Southern employees help assemble the furniture at the hotel. This significantly reduces the shipping charges and damage to the furniture. Before send a crew to the site, Koehler has a crew in his office assemble several sets to make sure there are no problems and also to estimate the expected time required to assemble the particular furniture.
The 500-room Hyatt open in Tampa and Koehler sends a crew to assemble the 500 bedroom sets. He establishes that 4.5 hours are required to assemble one complete room and estimated cost per hour is $22. Upon completing the job, the crew reports they has total wages of $49,693 for 2,170 hours worked.

Required:
a. Write a report evaluating the performance of the crew at the Hyatt in Tampa.

Reference no: EM13597692

Questions Cloud

Randell company issues 7 10-year bonds with a par value of : randell company issues 7 10-year bonds with a par value of 150000 and semiannual interest payments. on the issue date
Northern alliance company needs to raise 27 million to : northern alliance company needs to raise 27 million to start a new project and will raise the money by selling new
Lu villena an employee of etraincom leases a car at ohare : lu villena an employee of etrain.com leases a car at ohare airport for a three-day business trip. the rental cost is
Tri state pickle company preferred stock pays a perpetual : tri state pickle company preferred stock pays a perpetual annual dividend of 2 12 of its par value. par value of tsp
Ed koehler started great southern furniture five years ago : ed koehler started great southern furniture five years ago to assemble prefabricated bedroom furniture for large hotel
On june 30 2011 georgia-atlantic inc leased a warehouse : on june 30 2011 georgia-atlantic inc. leased a warehouse facility from ic leasing corporation. the lease agreemtne call
The adjusted trial balance data from the cameron white : the adjusted trial balance data from the cameron white company spreadsheet for the year end december 31. the balance of
Prior to 2010 brooks invested 22553000 in norton industries : prior to 2010 brooks invested 22553000 in norton industries and has not changed its holdings this year. this investment
Flower city cartridges fcc manufactures replacement : flower city cartridges fcc manufactures replacement cartridges for desktop printers. fcc uses standard costs within a

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

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!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd