Answer:
Order of processing the jobs:
Job Critical Ratio
C 1.375
D 1.667
A 1.75
B 2.0
E 2.2
Explanation:
a) Data and Calculations:
Job Processing Job due Critical
Time (days) date (days) Ratio
A 4 7 1.75 (7/4)
B 2 4 2.0 (4/2)
C 8 11 1.375 (11/8)
D 3 5 1.667 (5/3)
E 5 11 2.2 (11/5)
b) The critical ratio (CR) dispatching indicates the priority sequencing that should be adopted to process work at a work center. The first process is to create the CR priority index number, which is obtained from the formula of due days divided by the processing days. Therefore, the job with the lowest CR is scheduled first.
To determine the order of processing using the critical ratio dispatching rule, the critical ratio for each job is calculated by dividing the time remaining until the job's due date by the processing time. The job with the highest critical ratio is processed first, followed by the job with the next highest critical ratio.
The critical ratio dispatching rule is used to determine the order in which jobs should be processed based on their due dates and processing times. The critical ratio is calculated by dividing the time remaining until the job's due date by the processing time. The job with the highest critical ratio should be processed first, followed by the job with the next highest critical ratio, and so on.
Therefore, the jobs should be processed in the following order: C, E, D, A, B.
#SPJ3
Answer:
The correct answer is letter "A": Production increases at a decreasing rate.
Explanation:
Law of Diminishing Returns states that the marginal product of an additional employee will be less than the marginal product of a previous employee at some point as the number of new employees increases. Adding additional employees at a certain point will saturate the workplace to the point that there will be workers without being assigned duties. There, productivity begins to decrease gradually.
Answer:
The company could pay up to 866,965.89 dollars today to solve the current heat exchanger situation
Explanation:
We have to determinate the present value of 7 year annuity which increase at a rate of 7% when the cost of capital is 15% being the first quota 175,000 dollars
grow rate 0.07
required return 0.15
Cuota 175,000
n 7
PV = 866,965.89
b. Depreciation Expense
c. Retained Earnings
d. Income Tax Expense.
Answer: c. Retained Earnings
Explanation:
The post-closing trial balance reflects balance sheet items that do not have a $0 balance in them when a period has ended and is prepared after the temporary accounts have been closed off. The purpose is to make sure that the debits equal the credits.
As there are no temporary accounts, all income statement items will have been closed off and moved to the Retained earnings account which will reflect the total for the income statement for the year. The only account that will be listed in the post-closing trial balance therefore will be the Retained earnings account.
Answer:
A
Explanation:
Answer:
1.267 = Overhead Rate
Explanation:
As general approach, the manufacturing rate, along with any rate is done by dividing the cost by a cost driver.
In this case teh cost is the manufacturing overhead and the cost driver the direct materials cost:
Using Direct Materials cost, the rate would be:
Sales $1,250,000 $800,000 $950,000
Operating assets 650,000 300,000 400,000
Net operating income 146,250 52,800 79,600
1) Compute the return on investment for each division.
2) Compute the residual income for each division.
Answer:
Trucking Seafood Construction
division division division
Sales $1,250,000 $800,000 $950,000
Net operating income $146,250 $52,800 $79,600
Income taxes ($43,875) ($15,840) ($23,880)
Net income $102,375 $36,960 $55,720
Operating assets $650,000 $300,000 $400,000
rrr x operating assets $65,000 $30,000 $40,000
1) ROI 15.75% 12.32% 13.93%
(net income/investment)
2) Residual income $81,250 $22,800 $39,600
operating income - (rrr x operating assets)