Basic flexible budgeting Centron, Inc., has the following budgeted production costs: |Direct materials |$0.40 per unit | |Direct labor |1.80 per unit | |Variable factory overhead |2.20 per unit | |Fixed factory overhead | |Supervision |$24,000 | |Maintenance |18,000 | |Other |12,000 | The company normally manufactures between 20,000 and 25,000 units each quarter. Should output exceed 25,000 units, maintenance and other fixed costs are expected to increase by $6,000 and $4,500,
Fixed expenses are $424,000 per month. The marketing manager believes that a $7,000 increase in the monthly advertising budget would result in a 100 unit increase in monthly sales. What should be the overall effect on the company's monthly net operating income of this change? A. Increase of $8,000 B.
This is the internal identification number which the employer gives employee. Salary This is the amount the employee has earned before any deductions have been made. The employer may break this down into components if the employee has done overtime or receive a bonus or commission. This will show how much the employee has earned in wages before any deductions are made. It might also show how the employee pay was calculated, for example; the employee hourly rate and the number of hours worked.
I got the ADB dividing the Gross sales by the 360 days: $1,200.000 / 360 = $3,333.33 Receivables balance = $3,333.33 x 27 = $89,999.91 3. Calculate the firm’s new receivable if Milwaukee Surgical toughened up on its collection policy, with the result that all non-discount customer paid on the 30th day. 30% pay on the 10 and take discount 70% pay on the 30 ACP = (0.3 x 10 days) + (0.7 x 30 days) 3 + 21 = 24 days Receivables balance = ADB x ACP Receivables balance = $3,333.33 x 24 = $79,999.92 4. Assuming the cost to the firm to carry receivables is 8% per annum; calculate the annual savings resulting from the toughened credit policy. (Assume the entire amount of receivables had to be financed).
Task B your work role Bi Describe the terms and conditions of your employment as set out in your contract of employment or employment agreement. Health and safety It is your duty and responsibility to familiarise yourself with, and to comply with the company’s or any third party’s health and safety policies and procedures. Rate of pay Your rate of pay is £7.50 week days and £8.50 weekends per hour; the company will review your pay annually and advise you in writing of any pay change. Hours of work Your working hours are variable and will be organised according to a rota which the company will notify to you in advance. The company does not guarantee to provide you with a minimum or maximum number of hours of work.
A company has provided the following data: Sales 3,000 units Sales price $70 per unit Variable cost $50 per unit Fixed cost $25,000 If the sales volume decreases by 25%, the variable cost per unit increases by 15%, and all other factors remain the same, net income will: A) decrease by $31,875. B) decrease by $15,000. C) increase by $20,625. D) decrease by $3,125. Sales (3,000 * 70)…………………….
C) The answers are different because if the interest is left untouched, it makes the principal amount higher each year, giving more money after 10 years. Compounded interest allows for more money that simple interest would. 2. A) If the individual retires at the age of 65, having started the program at age 40, there would be $219,318 in the account. $3,000 x (8% in 25 years) 3000 x 73.106 = $219,318 B) If
Engstrom Auto Mirror Plant: Motivating In Good and Bad Times Who is the main Character Ron Bent the plant manager is the main character. He is tasked with attempting to turnaround the Engstrom plant because of low productivity and slumping profitability. What is Actually the Problem Although there are many different issues at the Engstrom plant, one of the main problems is that the management is not properly motivating their employees. This is causing low productivity and profitability at the plant, which is making Ron Bent the plant manager lay off workers and the Engstrom Family consider closing the plant. Bent describes this as a “vicious cycle”.
Question 1 In summary: Product Line 1 (time in minutes) Line 2 (time in minutes) Profit ( $ ) X1 SUPER 3 4 42 X2 EXCELLENT 6 2 87 Let X1 = Number of SUPER model produced during 8 hour shift. X2 = Number of EXCELLENT model produced during 8 hour shift. Max 42X1 + 87X2 ST X1 + X2 ≤ 480 3X1 + 6X2 ≤ 480 4X1 + 2X2 ≤ 480 X1, X2 ≥ 0 It is recommended to produce 80 units of EXCELLENT and none SUPER in order to get the maximum profit (See attached print-out, table № 1). If the company wants to produce SUPER, the maximum profit will reduce by $1.5 per each unit, with $6960 - $1.5 = $6958.5 (See attached print-out, table № 2). As the company has extra 320 minutes
Data Collection QNT/351 July 8, 2013 William Buck Data Collection BIMS has undertaken an integrative study to gain a better understanding of the root cause of the employee turnover problem at the company. In the first study the process was plagued by data coding, entry problems, and problems with the construction of the questionnaire. This compromised the data integrity and yielded disappointing results. However, the quantitative analysis of the data from the first study also provided some useful lessons, which prepared the organization to undertake a more concrete quantitative analysis in a subsequent study. Debbie Horner, the HR manager of BIMS conducted an employee survey as an instrument of