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France-Belgium is proud of its 6-week train driver training program that it conducts for all its drivers. A 6-week training program costs the company $ 22000 for instructors, equipment and so on and is independent of the number of new drivers in the class as long as the class size remains less than or equal to 35. The training program must provide the company with five new fully trained drivers per month. After completing the training program, new drivers are paid $1600 per month but do not work until a full-time position is open. The company views the $1600 as holding cost necessary to maintain a supply of newly trained drivers available for immediate service.
Question 1: Viewing new drivers as inventory -type units, how large should the training classes be in order to minimize the total annual training and new driver idle-time costs? How many training classes should the company hold each year? What is the total annual cost of your recommendation?
How are journals and ledger used in processing transactions? If a manufacturing company were to maintain special journals for purchases, sales, cash receipts, and cash disbursements, describe five journal entries that an AIS might make directly to..
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provide the entries for interest expense and amortization expense
Please help me to indicate the accounts that would be affected by the above transactions and the resulting balance in each account
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From March 9, 2014 until August 15, 2015 Eva is sent to London on a temporary work assignment. Saints's salary during 2014 is $100, 000,of which $84,000 is earned while working in London. Her salary during 2010 is $125,000, of which $77,000 is ear..
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If a company is determining the present value of the minimum lease payments under a lease, what interest rate should be used as the discount rate using IFRS?
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