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Question: Read the scenario, then answer the questions that follow. Scenario During your analysis of the labor hours proposed to produce 50 units of the OMP-2000, you find that O'Shea Enterprises has experienced an improvement curve rate of 80% in assembly operations over two years of continuous production. A total of 550 units have been produced. The last complete lot averaged 90 assembly labor-hours per unit. However, O'Shea Enterprises did not use improvement curve theory to estimate the assembly labor-hours required to produce the 50 units of the proposed contract. Instead, the proposal describes O'Shea's efforts in automation. As part of a new investment program, O'Shea will automate OMP-2000 assembly. Using the labor standards developed for the new equipment and projected production inefficiencies, O'Shea has estimated 5,500 labor hours for the proposed production. The proposal also states that labor-hour requirements per unit are expected to remain relatively constant for future production of the OMP-2000. 2. What additional information would be useful in your analysis?
Each temporary employee is hired to work 160 hours in the month. How many temporary employees should the manager hire for December
Outsourcing may provide tremendous advantages for firms. It may allow companies to specialize, reduce costs, and focus narrowly on the core competencies they deem strategic; however, companies also have to think about what they may lose both quali..
The company follows IFRS and uses the effective interest method. Prepare the journal entries to record the interest payment and the amortization for 2022.
What type of management is generally needed to run a portfolio company owned by a private equity firm? Describe the characteristics of these managers.
Discuss the primary advantages and disadvantages of applying the direct write-off and the allowance method of writing off accounts. Even though the direct write-off method is not acceptable for generally accepted accounting principles
White Ltd generated sales revenues of $325,000 and $375,000 in March and April, and projected sales of $375,000, $400,000, $450,000 and $500,000.
during the year brightlight inc. produced 60000 units of their specialty lights. the specialty lights sell for 99 each.
Assuming the cost is spread equally over each month how much did this advertising campaign cost in total
Suppose a mutual fund results in the following 5-year return values: 1.48% (2016), 10.59% (2017), Calculate the geometric average return
Prepare the consolidation worksheet adjusting entries for preparation of the consolidated financial statements as at 30 June 2020
What are the problems in measuring the unemployment rate? In what ways does the official BLS measure of the unemployment rate understate the true degree of unemployment? In what ways does the official BLS measure overstate the true degree of unemp..
Glacial Company estimates that variable costs will be 58.8% of sales, Compute the break-even point in (1) units and (2) dollars
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