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One of the operations in the Wonderland Post Office 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 wants to determine the number of temporary employees to hire for December. The manager estimates that there will be an additional 28,620,000 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.
Problem a. How many temporary employees should the manager hire for December?
Problem b. If each temporary employee earns a standard $17 per hour, what would be the labor time variance if the actual number of additional letters sorted in December was 29,484,000? Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number.
Beginning and ending inventories remained constant during the period. What was the total standard cost of the ending inventory under absorption costing?
South Company wants to sell 300,000 units for $5.00 per unit and will just break even at this level of sales. What are the company fixed expenses
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What lump-sum amount should the company invest now to have the $400,000 available at the end of the three-year period?
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What the total manufacturing costs are? Fermi Lab's manufacturing overhead is 50% of its total conversion costs. If direct labor costs are $60,000
During 2008, the Training Department of Firm XYZ conducted 200 workshops with 20 individuals in each. The charge per individual was $300.
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