What is the production rate in units per day? 480/4.2=114.285 so 114 completed units per day. b. What is the assembly line efficiency? 42/10x4.2= 100% Question 10 Balance the assembly line in Exhibit 8.12 for (a) a shift output of 60 pieces and (b) a shift output of 40 pieces.
onics, ventures,," ).” The price quotations did not include important terms other than pricing. Most “significantly, the price quotations do not reference the quantity term—JCI's requirements—that both parties agree was a term of their agreements ("Q.c. onics, ventures,,").” If each quotation were an offer, “the requirements term would be knocked out by UCC 2–207("U.c.c. - article,"). leaving no quantity term.
The input information required for the problem is outlined in the "Key Input Data" section below. Using this data and the balance sheet above, we constructed the income statement shown below. Key Input Data for Cumberland Industries 2010 (Thousands of dollars) Sales Revenue $455 000 Expenses (excluding depreciation) as a percent of sales 85,0% Net fixed assest $67 000 Depr. as a % of net fixed assets 10,0% Tax rate 40,0% Interest expense $8 550 Dividend Payout Ratio 25 % Cumberland Industries: Income Statement (Thousands of dollars) 2010 Sales $455 000 Operating costs excluding depreciation $386 750 EBITDA $68 250 Depreciation (Cumberland has no amortization charges) $6 700 EBIT $61 550 Interest expense $8 550 EBT $53 000 Taxes (40%) $21 200 Net income $31 800 Common dividends $7 950 Addition to retained earnings $23 850 b. Cumberland Industries' partial balance sheets are shown below. Cumberland issued $10,000,000 of new common stock in the most recent year.
Answer: $235,000 6. Corporation P owns 85 percent of Corporation S1; Corporation S1 owns 60 percent of Corporation S2; Corporation S2 owns 90 percent of S3; Corporation S3 owns 60 percent of Corporation S4 and 15 percent of Corporation S2; Corporation S4 owns 100 percent of Corporation S5. Identify the consolidated group of corporations. Answer: P, S1, S2, S3, S4, S5 7. Corporation P files a consolidated return with Corporation S. In preparing a consolidated return, their accountant finds the following: Separate taxable income (loss) P= $500,000 S= ($200,000) Capital gain (loss)
With the current equipment, ABC GROUP produces 240 crates per 100 logs. It currently purchases 100 logs per day, and each log requires three labor hours to process. ABC GROUP is considering the hire of a professional buyer who can buy better quality logs at the same cost. If this is the case, ABC GROUP can increase production to 260 crates per 100 logs, and the labor hours required will increase by eight hours per day (for the buyer). a. Compute the labor productivity for the current method (i.e., no buyer).
Under first in, first out (FIFO), the first costs into inventory are the first costs assigned to costs of goods sold. Last in, last out (LIFO) costing assigns the last costs of inventory to the first costs of goods sold. A fast moving consumer goods company (FMCG) in times of rising prices would pay less income tax if it used the LIFO inventory accounting method. A FMCG in times of rising prices that uses LIFO would be selling its inventory with the highest prices. This would increase the costs of goods sold and lower the net income for the company for that accounting period.
That is, the next 10 feet will cost $125, the next 10 feet will cost $150, etc. How much will it cost to build a 90-foot tower? As we can see in the exercise the firm charges $100 for building the first 10 feet of the tower and adds a $25 fee for every 10 feet to the previous price. The repeated addition proves us that this is an arithmetic sequence. In order to resolve this we need to identify the following numbers: n = the number of terms altogether n = 9 d = the common difference d = 25 a1 = the first term a1 = 100 an = the last term an = a9 (yet to be computed) We need to find what a9 is; therefore, we need to use the formula located in page 271 of Mathematics in Our World.