Explain how you would evaluate a potential country based on labor quality, quantity, and labor mobility; how does the country's conveyance impact these three elements? The answers should have at least one example from the real-life situation.
The direct labor standards for a particular product are: 4 hours of direct labor @ $12.00 per direct labor-hour = $48.00 During October, 3,350 units of this product were made, which was 150 units less than budgeted. The labor cost incurred was $159,786 and 13,450 direct labor-hours were worked. The direct labor variances for
Garrigus Corporation is developing direct labor standards. The basic direct labor wage rate is $14.00 per hour. Employment taxes are 11% of the basic wage rate. Fringe benefits are $3.48 per direct labor-hour. A particular product requires 0.64 direct labor-hours per unit. The allowance for breaks and personal needs is 0.06 dire
I need some assistance with this question... Santiesteban Corporation's standard wage rate is $16 per direct labor-hour (DLH) and according to the standards, each unit of output requires 7.6 DLHs. In March, 9,000 units were produced, the actual wage rate was $12.7 per DLH, and the actual hours were 65,700 DLHs. In the jour
Zanny Electronics Company uses a standard cost system to collect costs related to the production of its water ski radios. The direct labor standard for each radio is 0.9 hours. The standard direct labor cost per hour is $7.30. During the month of August, Zanny's water ski radio production used 6,700 direct labor-hours at a tot
Order Up, Inc., provides order fulfillment services for dot.com merchants. The company maintains warehouses that stock items carried by its dot.com clients. When a client receives an order from a customer, the order is forwarded to Order Up, which pulls the item from storage, packs it, and ships it to the customer. The company u
Raggs Corporation's standard wage rate is $12.40 per direct labor-hour (DLH) and according to the standards, each unit of output requires 3.9 DLHs. In April, 5,230 units were produced, the actual wage rate was $11.80 per DLH, and the actual hours were 24,170 DLHs. The Labor Rate Variance for April would be recorded as a:
Question 14: (1 point) Information on Westcott Company's direct labor costs for a recent month follows: Standard direct labor rate $3.69 Actual direct labor rate $3.50 Total standard direct labor-hours 9,800 Direct labor efficiency variance $4,100 Unfavorable What were the actual hours worked during the month, rou
Question 5: Mazzucco Corporation has provided the following data concerning its direct labor costs for September: Standard wage rate $13.30 per DLH Standard hours 5.5 DLHs per unit Actual wage rate $13.10 per DLH Actual hours 45,730 DLHs Actual output 8,430 units The Labor Rate Variance for September would be recorde
Jeffs Corporation is developing direct labor standards. The basic direct labor wage rate is $16 per hour. Employment taxes are 12% of the basic wage rate. Fringe benefits are $3.29 per direct labor-hour. The standard rate per direct labor-hour should be: $24.86 $22.46 $21.21 $19.84
The employee credit union at State University is planning the allocation of funds for the coming year. The credit union makes four types of loans to its members. In addition, the credit union invests in risk free securities to stabilize income. The various revenue producing investments together with annual rates of returns are a
What are some reasons that employees still resist Unions even after the passage of the National Labor Relations Act more than 60 years ago?
Northwoods Appliances produces washers and dryers in an assembly-line process. Labor costs incurred during a recent period were; corporate executives $135,000; assembly line workers $88,000; security guards $18,000; and plant supervisor, $38,000. What is the total of Northwoods direct labor costs?
See pdf Problem 6-4A: Variable cost analysis for a services company L.O. C3 Winter Palace is a luxury hotel with 150 suites. Its regular suite rate is $200 per night per suite. The hotel's cost per night is $125 per suite and consists of the following. Variable direct labor and materials cost $ 25 Fixed cost [($5,475,00
Compare organizational environments of a union and non-union workplace as it impacts MORALE.
1. Which of the following costs are not included in finished goods inventory? a. Direct labor b. Factory overhead c. Company President's salary d. Direct Materials e. None of the above 2. Indirect labor is a: a. Nonmanufacturing cost b. Raw materials cost c. Product cost d. Period cost e. None of the above 3. A c
Please also see .pdf file attached. Question 3: Problem 3-5A: Process cost summary; equivalent units; cost estimates L.O. P4, P5 Tamar Co. manufactures a single product in one department. All direct materials are added at the beginning of the manufacturing process. Direct labor and overhead are added evenly throughout the
Required: The company is to decide in what quantities it will manufacture (or buy) XSZX drums and Mountain bike frames. 1. The margins of the two products are provided in the report submitted by the Accounting Department. Is the report (margin per unit) useful for the decision that the company has to make? Why or why not?
A small manufacturing plant is considering their aggregate plan for the next fiscal year. They are limited to a maximum number of 40 FTEs each quarter. Their forecasted demand for next year is: Quarter 1 2 3 4 Demand 12520 15000 11880 14680 They do not consider hiring or firing costs but have the following production pa
In the 1980's, President Ronald Reagan launched a federal government "drug-free workplace" campaign. Discuss how this impacted employees and their attitudes towards individual privacy.
The National Labor Relations Act has given the states the right to enact law prohibiting union or agency shop forms of union security. Currently, 22 states have implemented the right-to-work laws. Discuss how these laws have impacted the unions.
1. Samano Industries has adopted the following production budget for the first 4 months of 2006 Month Units Month Units January 10, 000 March 5, 000 February 8, 000 April 4, 000 Each unit requires 5 pounds of raw materials costing $2 per pound. On December 31, 2005, the ending raw materials inventory was 15
At the beginning of the year, manufacturing overhead for the year was estimated to be $477,590. At the end of the year, actual direct labor-hours for the year were 29,000 hours, the actual manufacturing overhead for the year was $472,590, and manufacturing overhead for the year was overapplied by $110. If the predetermined overh
It is well known that labor markets affect recruitment policies. Can recruitment policies in turn affect the labor market?
The cost of ending work in process inventory in the first processing department according to the company's cost system is closest to: Question 3: (Appendix 4A) Activities in the Sargent Company's Assembly Department for the month of March follow: Units Materials Percent Complete with Respect to Labor & Overhead Wo
Question 3: (Appendix 4A) Activities in the Sargent Company's Assembly Department for the month of March follow: Units Materials Percent Complete with Respect to Labor & Overhead Work-in-process inventory, March 1 6,600 65% 30% Started into production during March 55,000 Work-in-process inventory, March 31 4,600
Using Wal-Mart, prepare a paper in which you describe the relationship between strategic planning and financial planning. A. Describe a strategic planning initiative for Wal-Mart and identify a strategic initiative discussed in Wal-Mart's annual report, which can be found on www.walmartstores.com. and on the attached fil
What labor-market-oriented factors should be used to help an organization decide where to open a new manufacturing and assembly facility within the United States?
Question 14: Summit Company has provided the following inventory balances and manufacturing cost data for the month of January: Inventories January 1 January 31 Direct materials $26,000 $36,000 Work in process $24,000 $29,000 Finished goods $68,000 $53,000 Month of January Cost of goods manufactured $597,000 Manu
Please see attached problems. #10 Prepare a CVP graph and compute break-even point and margin of safety. (SO 6, 8) Embleton Company estimates that variable costs will be 40% of sales, and fixed costs will total $900,000. The selling price of the product is $5. Instructions A. Prepare a CVP graph, assuming maximum s