One of the operations in the united states postal service

Assignment Help Accounting Basics
Reference no: EM13567179

One of the operations in the United States Postal Service 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 35,100,000 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 150 hours in the month.

a. How many temporary employees should the manager hire for December? employees

b. If each employee earns a standard $16 per hour, what would be the labor time variance if the actual number of letters sorted in December was 34,020,000? Use the minus sign to enter favorable variances as negative numbers.

Reference no: EM13567179

Questions Cloud

Determination of taxable gifts in the current year beth : determination of taxable gifts. in the current year beth who is single sells stock valued at 40000 to linda for 18000.
An investment project costs 10000 and has annual cash : an investment project costs 10000 and has annual cash flows of 2600 for six years. what is the discounted payback
Effect of inventory cost flow assumption on financial : effect of inventory cost flow assumption on financial statements required for each of the following situations fill in
Investment p offers to pay you 5500 per year for nine years : investment p offers to pay you 5500 per year for nine years whereas investment t offer to pay 8000 per year for five
One of the operations in the united states postal service : one of the operations in the united states postal service is a mechanical mail sorting operation. in this operation
Steve is considering the following actions explain to him : steve is considering the following actions. explain to him which actions will constitute gifts for gift tax purposes.
All interest is accounted for and paid through december 31 : jacob issues 660000 of 12 14-year bonds at a price of 103.5. six years later on january 1 2016 jacob retires 10 of
Discuss the relationship between distribution of muscle : 1. discuss the relationship between distribution of muscle fiber type and performance. how might exercise training
Prepare a brief performance report for the ceo utilizing : the ceo of star coffee is interested in reviewing the may 2014 performance report for cost center 7-11. prepare a brief

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