Reference no: EM132873099
Question - To attract local individuals to serve as laborers, Marbles Inc. guarantees its employees a minimum number of hours of work via short-term contracts.
Marbles guarantees one its employees, Ryan, 200 hours of work (i.e., Ryan's capacity based on the 5-week contract that he has signed).
The cost to Marbles of Ryan's contract is $10,000.
Ryan's total availability is 200 hours.
Based on the current outlook, Marbles Inc. likely will only use Ryan for 150 hours.
Additional note: While Marbles appreciates Ryan's human-like qualities, they could also adopt the perspective that he is like a new machine that is not being used to its full capacity. Just saying.
Required - Based on the provided information, the company has two options of how to allocate Ryan's per-hour labor cost to the different jobs on which Ryan works.
What is the cost per hour allocation rate that Marbles would use for one of these options?
What is the cost per hour allocation rate that Marbles would use for the other option?
Briefly describe the reasoning for why Marbles would use each option.
Incorporated for uwear and paledenim
: What standard policies could be incorporated for UWEAR and PALEDENIM that they can utilize?
|
Strategic plan for your organization
: Write a paper of the strategic plan for your organization. Key success factors, budget, and forecasted financials, including a break-even chart
|
What would be the entry Son Inc would make on August
: On August 31, 2022, Sons, Inc. borrowed money at the bank by signing a 9 month note for $80,000. What would be the entry Son Inc would make on August
|
Supply chain management is integration of activities
: Supply chain management is the integration of activities that procure materials and services, transform them into intermediate goods and final products,
|
What is the cost per hour allocation rate
: What is the cost per hour allocation rate that Marbles would use for one of these options? Briefly describe the reasoning for why Marbles would use each option
|
Determine the price
: Johnson Marine has the following costs and expected sales from the coming year. If Johnson determines prices so as to receive a desired return on assets of 15%
|
Define company core competencies
: Define the company's core competencies. Evaluate lululemon's strategy and its use of strategies to achieve company objectives.
|
What is abcs predetermined moh rate
: MOH is allocated by machine hours. Expected machine hours for 2017 are 2,500. What is ABC's predetermined MOH rate for 2017
|
Determine the net long-term capital gain
: An individual has a $40,000 § 1245 gain, a $35,000 § 1231 gain, a $33,000 § 1231 loss, Determine the net long-term capital gain
|