kate Joseph is a new staff accountant at kaufman and associates. she is paid a salary of 63,800 per year and is expected to work 2,200 hours per hours per year on client jobs. The firm's indirect cost allocation rate is $25 per hour. The firm would like to acheive a profit of equal to 15% of cost.
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kate Joseph is a new staff accountant at kaufman and associates. she is paid a salary of 63,800 per year and is expected to work 2,200 hours per hours per year on client jobs. The firm's indirect cost allocation rate is $25 per hour. The firm would like to acheive a profit of equal to 15% of cost.
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- Please provide me the brief analysis of this - Sheri has been employed as a limo driver in the past but is currently working as a Lyft and DoorDash driver. In discussion with Keon, she grew excited and mentioned she would love to work with him. Since one of the current drivers is retiring, Keon believes he can hire her on a part-time basis for $20,000 a year. Based on current numbers (with no driver on salary), this would be a 8% reduction in operating cost for one limo. However, Keon wants more advice on hiring Sheri on salary versus paying her hourly. Sheri is also quite talented with marketing and using social media. Keon believes she can have the same impact as spending $1,000 a month for advertising. Keon is wondering if he should offer her a business partnership deal. He would give her 40% of the business if she invested $30,000 and worked full-time as a driver/marketer. Keon wants a detailed analysis on this business partnership idea, including general pros and cons of running a…Sorin Incorporated, a company that produces and sells a single product, has provided its contribution format income statement for January. Sales (3,400 units) Variable expenses Contribution margin $ 112,200 50,490 61,710 Fixed expenses 45,700 Net operating income $ 16,010 If the company sells 3,900 units, its total contribution margin should be closest to: (Do not round intermediate calculations.) Multiple Choice $61,710 $70,785 $92,700 $18,364Calculate Frank Hopewell’s federal income tax (FIT) deduction if he earns $1,952.67 each pay period. His status is M4 and he is paid weekly.
- A flood control project at Pleasant Valley dam is projected to cost $1,870,000 today, have annual maintenance costs of $50,000, and have major inspection and upkeep after each 4-year interval costing $220,000. If the interest rate is 9%/year. ...... Determine the total capitalized cost.9/Samsung Company is producing Laptops and Tablets. They are deciding whether to use job-order costing or activity based costing. Based on next year’s budget, two cost pools have been developed with the following information: Particulars Laptops Tablets Overhead Assigned Direct labor hours 5000 10000 Sewing machine hours 500 300 OMR 400,000 Machine set up hours 100 400 OMR 200,000 Find out the pre-determined overhead rate if overhead is applied based on the direct labor hour rate. a. OMR 400 per hour b. OMR 40 per hour c. OMR 4 per hour d. OMR 4000 per hourAkeley is a student working toward a bachelor’s degree in finance. In order to gain some work experience and increase her marketability, she has accepted a summer internship in the finance department at a pharmaceutical company. She is quite pleased with the pay: GH¢15 an hour is more than other students in her cohort receive for their summer internships. At work she meets Joshua, a recent graduate working as a middle manager in the same finance department. Joshua makes GH¢30 an hour and is dissatisfied. Specifically, he tells Akeley that, compared to managers at other pharmaceutical companies, he makes much less. “It isn’t fair,” he complains. “I work just as hard as they do, yet I don’t make as much. Maybe I should go work for the competition.” Required: 1. Based on your knowledge of organizational theory, discuss four main options you think are available to Joshua who perceives inequity?
- Akeley is a student working toward a bachelor’s degree in finance. In order to gain some work experience and increase her marketability, she has accepted a summer internship in the finance department at a pharmaceutical company. She is quite pleased with the pay: GH¢15 an hour is more than other students in her cohort receive for their summer internships. At work she meets Joshua, a recent graduate working as a middle manager in the same finance department. Joshua makes GH¢30 an hour and is dissatisfied. Specifically, he tells Akeley that, compared to managers at other pharmaceutical companies, he makes much less. “It isn’t fair,” he complains. “I work just as hard as they do, yet I don’t make as much. Maybe I should go work for the competition.” Required: 1. Explain with the appropriate theory in organizational justice, how someone making GH¢30 an hour could be less satisfied with his pay than someone making GH¢15 an hour and be less motivated as a result? 2. What is organizational…Akeley is a student working toward a bachelor’s degree in finance. In order to gain some work experience and increase her marketability, she has accepted a summer internship in the finance department at a pharmaceutical company. She is quite pleased with the pay: GH¢15 an hour is more than other students in her cohort receive for their summer internships. At work she meets Joshua, a recent graduate working as a middle manager in the same finance department. Joshua makes GH¢30 an hour and is dissatisfied. Specifically, he tells Akeley that, compared to managers at other pharmaceutical companies, he makes much less. “It isn’t fair,” he complains. “I work just as hard as they do, yet I don’t make as much. Maybe I should go work for the competition.” Required: Explain with the appropriate theory in organizational justice, how someone making GH¢30 an hour could be less satisfied with his pay than someone making GH¢15 an hour and be less motivated as a result?A local toy manufacturer has three different mechanisms that can be installed in a doll that it sells. The different mechanisms have three different setup costs (overheads) and variable costs and, therefore, the profit from the dolls is dependent on the volume of sales. The anticipated payoffs are as follows: Light Demand Moderate Demand Heavy Demand Probability 0.25 0.45 0.3 Wind-up action $325,000 $190,000 $170,000 Pneumatic action $300,000 $420,000 $400,000 Electrical action -$400,000 $240,000 $800,000 What is the ultimate objective in the use of decision trees to product design? How is this objective accomplished? Draw the decision tree. What is the EMV of each decision alternative? Which action should be selected?
- As part of their application for a loan to buy Lakeside Farm, a property they hope to develop as a bed-and-breakfast operation, the prospective owners have projected: Monthly fixed cost (loan payment, taxes, insurance, maintenance) $6000 Variable cost per occupied room per night $ 20 Revenue per occupied room per night $ 75 Write the expression for total cost per month. Assume 30 days per month. Write the expression for total revenue per month. How many rooms they need to sell per night in order to break even? Suppose 5 rooms can be sold per night, how much they should charge per night in order to breakeven?If Mr. White proceeds with the manufacturing expansion he feels he will need to alter the current compensation package for his sales team in order to make sure Cottage Living can sell the additional units at market price. In an attempt to retain talented salespeople he has previously offered a very competitive yearly salary of $70,000 plus benefits and 4 weeks paid vacation. This pay structure has worked well in the past to attract loyal employees and to create a positive work environment at Cottage Living. There are currently 5 permanent salespeople. However, given how strong demand in 2019 and 2020 for Cottage Living products has been Mr. White feels that his sales team has been lacking motivation. They have also been taking their vacations during high demand months from May-August (he is not interested in dictating when people take their vacation). He is worried that if there is an increase in Cottage Living’s inventory, the poor sales habits that his team has picked up during the…The question reads. A theater is presenting a program of drinking and driving for students and their parents or other responsible adults. The proceeds will be dontated to a local alcohol information center. Admission is $6.00 for adults and $3.00 for students. However this situation has two contraints. The theater can hold no more than 180 people and for every two adults, there must be at least one student. Hhow many adults and students shold attend to raise the maimum amount of money? What is the best way to work out this problem not using graphing. z=6x+3y contraints are x+y≤180 x-2y≤0
