Homework Answers
None of the above
100 workers
Total hrs = 2,40,000
Total hrs by each worker = 8hrs*6days*50weeks = 2400 hrs
Workers needed = 2,40,000/2400 = 100 workers
Add Answer to:
BONUS QUESTION (5 pts): The cost accountant of Fisher Co. wants to prepare a budget for...
The cost accountant of Fisher Co. wants to prepare a budget for the next year. Products...
The cost accountant of Fisher Co. wants to prepare a budget for the next year. Products (which are produced and sold) require 240,000 hours of direct labour. For this purpose, the cost accounting has the following data. Company works 16 hours (2 shifts) a day; 6 days a week; and 50 weeks a year. How many workers do you think this company should employ in total for this production level? 40 workers 60 workers 50 workers none of abov
The cost accountant of Fisher Co. wants to prepare a budget for the next year. Products...
The cost accountant of Fisher Co. wants to prepare a budget for the next year. Products (which are produced and sold) require 240,000 hours of direct labour. For this purpose, the cost accounting has the following data. Company works 16 hours (2 shifts) a day; 6 days a week; and 50 weeks a year. How many workers do you think this company should employ in total for this production level? a.50 workers b.40 workers c.none of above d.60 workers
5. A controller in a company wants to estimate the cost behaviour of customer service costs....
5. A controller in a company wants to estimate the cost behaviour of customer service costs. Which of the following is an application of managerial judgement in determining cost behaviour? A. The accountant performs a scattergraph analysis and deletes several data points determined to be outliers. B. The accountant decides to use the last three years' data, but excluding the period when there, was a workers' labour strike which resulted in reduced productivity C. The accountant runs a regression using...
5. A controller in a company wants to estimate the cost behaviour of customer service costs....
5. A controller in a company wants to estimate the cost behaviour of customer service costs. Which of the following is an application of managerial judgement in determining cost behaviour? A. The accountant performs a scattergraph analysis and deletes several data points determined to be outliers. B. The accountant decides to use the last three years' data, but excluding the period when there, was a workers' labour strike which resulted in reduced productivity C. The accountant runs a regression using...
5. A controller in a company wants to estimate the cost behaviour of customer service costs....
5. A controller in a company wants to estimate the cost behaviour of customer service costs. Which of the following is an application of managerial judgement in determining cost behaviour? A. The accountant performs a scattergraph analysis and deletes several data points determined to be outliers. B. The accountant decides to use the last three years' data, but excluding the period when there, was a workers' labour strike which resulted in reduced productivity C. The accountant runs a regression using...
5. A controller in a company wants to estimate the cost behaviour of customer service costs. Which of the following...
5. A controller in a company wants to estimate the cost behaviour of customer service costs. Which of the following is an application of managerial judgement in determining cost behaviour? A. The accountant performs a scattergraph analysis and deletes several data points determined to be outliers. B. The accountant decides to use the last three years' data, but excluding the period when there, was a workers' labour strike which resulted in reduced productivity C. The accountant runs a regression using...
Please help Problems 5. Determine the annual cost, average hourly cost, and burden markup of an...
Please help
Problems 5. Determine the annual cost, average hourly cost, and burden markup of an hourly employee given the infor- mation in Table 8-1. Assume the employee takes full advantage of the 401(k) benefit. The employee's health insurance is paid for entirely by the employer. Last year the employee worked 2,104 hours and was paid for an additional 80 hours of vacation. The employee was paid for at least 40 hours each week and is to be paid time...
Question 2 A local fast food restaurant pays $5 per hour to workers and $50 per...
Question 2 A local fast food restaurant pays $5 per hour to workers and $50 per hour to rent ovens and other kitchen machinery. The restaurant uses seven hours of worker time per unit of machinery time. a. i. Determine whether the restaurant is minimizing its cost of production when the ratio of ii. Do you suggest any adjustment to improve the efficiency in the resource use? A cosmetic company produces skin cream bottles in its local store. The company...
Question 2 (7.5 marks total) You need a new roof on your old home. You employ...
Question 2 (7.5 marks total) You need a new roof on your old home. You employ William, the owner of a sole trader roofing business, to do the job. Although William's quote was the lowest you received, you picked him because he was highly recommended by several friends. You were sure the low quote did not suggest a low quality job. As it turned out, you were right. William works alone so you chatted with him during lunch breaks to...
Question 5 (24 marks) You have recently been employed as a junior accountant at Thrones Ltd,...
Question 5 (24 marks) You have recently been employed as a junior accountant at Thrones Ltd, a manufacturer of a miniature statue based on a popular TV show character. Unfortunately, your supervisor, the main company accountant, has been injured in a recent horse riding accident and is away from work for some time. The company CEO, after hearing you have recently graduated from a prestigious university with great results in management accounting, has asked you to prepare a variance report...
5. A controller in a company wants to estimate the cost behaviour of customer service costs. Which of the following is an application of managerial judgement in determining cost behaviour? A. The accountant performs a scattergraph analysis and deletes several data points determined to be outliers. B. The accountant decides to use the last three years' data, but excluding the period when there, was a workers' labour strike which resulted in reduced productivity C. The accountant runs a regression using...
5. A controller in a company wants to estimate the cost behaviour of customer service costs. Which of the following is an application of managerial judgement in determining cost behaviour? A. The accountant performs a scattergraph analysis and deletes several data points determined to be outliers. B. The accountant decides to use the last three years' data, but excluding the period when there, was a workers' labour strike which resulted in reduced productivity C. The accountant runs a regression using...
5. A controller in a company wants to estimate the cost behaviour of customer service costs. Which of the following is an application of managerial judgement in determining cost behaviour? A. The accountant performs a scattergraph analysis and deletes several data points determined to be outliers. B. The accountant decides to use the last three years' data, but excluding the period when there, was a workers' labour strike which resulted in reduced productivity C. The accountant runs a regression using...
5. A controller in a company wants to estimate the cost behaviour of customer service costs. Which of the following is an application of managerial judgement in determining cost behaviour? A. The accountant performs a scattergraph analysis and deletes several data points determined to be outliers. B. The accountant decides to use the last three years' data, but excluding the period when there, was a workers' labour strike which resulted in reduced productivity C. The accountant runs a regression using...
Please help
Problems 5. Determine the annual cost, average hourly cost, and burden markup of an hourly employee given the infor- mation in Table 8-1. Assume the employee takes full advantage of the 401(k) benefit. The employee's health insurance is paid for entirely by the employer. Last year the employee worked 2,104 hours and was paid for an additional 80 hours of vacation. The employee was paid for at least 40 hours each week and is to be paid time...
Question 2 A local fast food restaurant pays $5 per hour to workers and $50 per hour to rent ovens and other kitchen machinery. The restaurant uses seven hours of worker time per unit of machinery time. a. i. Determine whether the restaurant is minimizing its cost of production when the ratio of ii. Do you suggest any adjustment to improve the efficiency in the resource use? A cosmetic company produces skin cream bottles in its local store. The company...
Question 2 (7.5 marks total) You need a new roof on your old home. You employ William, the owner of a sole trader roofing business, to do the job. Although William's quote was the lowest you received, you picked him because he was highly recommended by several friends. You were sure the low quote did not suggest a low quality job. As it turned out, you were right. William works alone so you chatted with him during lunch breaks to...
Question 5 (24 marks) You have recently been employed as a junior accountant at Thrones Ltd, a manufacturer of a miniature statue based on a popular TV show character. Unfortunately, your supervisor, the main company accountant, has been injured in a recent horse riding accident and is away from work for some time. The company CEO, after hearing you have recently graduated from a prestigious university with great results in management accounting, has asked you to prepare a variance report...
Most questions answered within 3 hours.
-
Brown Corporation makes four products in a single facility.
These products have the following unit product...
asked 1 minute ago -
20% of all customers subscribe to phone service.
70% of all customers subscribe to internet service....
asked 17 minutes ago -
Write a program to solve the Josephus problem, with the following
modification:
Sample Input:
./a.out n...
asked 3 hours ago -
At the start of a CD it is spinning at a rate of 525 rpm
(revolutions...
asked 3 hours ago -
4. Without doing any calculations, predict whether the observed
∆T would increase, decrease or remain the...
asked 4 hours ago -
Based on the range, which of the following sets of scores has
the greatest variability? 3,...
asked 5 hours ago -
Ripples in a pond travel at a velocity of 3 m/s with one peak
passing a...
asked 5 hours ago -
A man stands on the roof of a building of height 13.0 mm and
throws a...
asked 5 hours ago -
The extent to which assets are financed by borrowed funds and
other liabilities is indicated by:...
asked 6 hours ago -
Explain in detail
Germany is the fifth largest economy
explain what goods and services Germany specializes...
asked 7 hours ago -
The density of platinum is 21.45 g/mL. If a cube of platinum
with a mass of...
asked 7 hours ago -
Accounts Receivable
Sales
A/R Posting
Extended Sales Invoice
Packing Slip
Compare invoice to packing slip 2...
asked 7 hours ago