A customer service team has a design capacity of 200 calls per day with an effective capacity of 180 calls. What is the team's utilization if they handle 150 calls per day?
Q: What are the variable expense per unit?
A: To find the variable expenses per unit, we use the contribution margin (CM) ratio. Given:Selling…
Q: How much?
A: Detailed explanation:Given:Estimated Uncollectible from aging of accounts $ 7200Debit balance of…
Q: abc general accounting
A: Step 1: Definition of Non-Interest Bearing NoteA non-interest-bearing note is a financial instrument…
Q: John Appraisals is appraising a commercial office building for refinancing. The company is using the…
A: The question requires the determination of the present value of the annuity. The present value, in…
Q: Based on the information purchases for March will be?
A: Explanation of Cost of Sales: Cost of sales, also known as cost of goods sold (COGS), represents the…
Q: What is the amount of cost of goods sold?
A: Explanation of Cost of Goods Sold (COGS): This represents the direct costs of producing goods that…
Q: Accounting Question
A: To calculate the Enterprise Value (EV) of Crimson Tech Inc., we use the following formula:EV =…
Q: Do fast this question answer general accounting
A: Step 1: Define Change in Owner's EquityOwner's equity changes due to net income and owner…
Q: Need answer please
A: Step 1: Compute Taxable IncomeStep 2: Compute Current Tax ExpenseStep 3: Compute Deferred Tax…
Q: Total assets change during that same period??
A: Explanation of Accounting Equation:The accounting equation is the foundation of double-entry…
Q: The degree of operating leverage (DOL) for Neptune Inc. and Ardent Ltd. are 2.3 and 4.9,…
A: The degree of operating leverage (DOL) is calculated as:DOL = Contribution Margin / Net IncomeWe can…
Q: correct answer is general accounting
A: Step 1: Definition of Total AssetsWe classify total assets into current and fixed assets per the…
Q: Equity and return on assets?
A: To calculate Return on Equity (ROE) and Return on Assets (ROA), we need to follow these formulas:
Q: Help
A: Step 1: Definition of Accounting EquationAn accounting equation is used to depict the relationship…
Q: What is the cost per machine hour on these general accounting question?
A: Step 1: Define High-Low MethodThe High-Low Method is a cost estimation technique used to determine…
Q: correct answer please
A: To calculate the total cost of the job when it is completed in October, we need to consider the…
Q: During a specific period, Nexus Technologies reported a decrease in total assets of $14,500 and an…
A: Explanation of Accounting Equation: This is the fundamental foundation of accounting, stating that…
Q: Provide correct answer general accounting
A: Step 1: Define Simple InterestSimple Interest is the amount earned or paid on a principal sum at a…
Q: General Accounting
A: Step 1: Define Overhead Application Rate in ABCThe Overhead Application Rate in Activity-Based…
Q: Please see the Question
A: Question 1: Outback Camera Co.Details:Total units sold = 400Estimated defective rate = 5% →…
Q: Don't Use Ai
A: Concept of High-Low MethodThe high-low method is a cost estimation technique used to determine fixed…
Q: General accounting question
A: Step 1: Predetermined overhead rate Predetermined overhead rate = Estimated manufacturing…
Q: What is the effective annual rate on this financial accounting?
A: The Effective Annual Rate (EAR) is the actual interest rate an investor or borrower pays after…
Q: How much debt will chrysler have?
A: Solution Approach:The debt-equity ratio is given by:Debt-Equity Ratio=Debt/Equity Step 1: Calculate…
Q: Direct Labor Variance Karina will make 5,000 jackets with standard quantity of leather per jacket of…
A: If you have any clarifications (i.e., expand the explanation) or want different, expanded, or…
Q: Provide correct answer this question
A: The high-low method is a cost estimation technique used to separate mixed costs into their fixed and…
Q: Subject: accounting
A: Calculation of Contribution MarginContribution Margin = Current Sales - Variable Operating Costs…
Q: What is its ROE on these financial accounting question?
A: Step 1: Identify given valuesStep 2: Calculate Total Asset TurnoverStep 3: Apply the ROE formulaStep…
Q: MCQ
A: Explanation of Net Income:Net income is the profit a company earns after subtracting all expenses…
Q: Please give me true answer this financial accounting question
A: The current yield of a bond is calculated using the formula: Current Yield = (Annual Coupon Payment…
Q: General Accounting
A: Step 1: Define Return on Equity (ROE)Return on Equity (ROE) measures a company's profitability…
Q: What is the flexible budget variance for direct labour
A: Step 1: Flexible budget In the flexible budget, the amount of direct labor is based on actual hours…
Q: Ans?? General Accounting question
A: Step 1: Introduction to payroll taxesPayroll taxes refer to those taxes paid by both employer and…
Q: Tutor please Give the solution
A: Explanation of Absorption Costing: Absorption costing is a costing method that includes both…
Q: If your estimate is that Galaxy Electronics is going to sell 6,500 units at $25 per piece and each…
A: Explanation of Units: Units represent the quantity of products that Galaxy Electronics expects to…
Q: Please Need answer the financial accounting question not use ai please don't
A: Step 1:Hendrix's Finished Goods on September 1 is the Beginning Finished Goods Inventory, it can be…
Q: Given correct answer general accounting question
A: Step 1: Calculation of total debtTotal Debt = Current Liabilities + Long-term Bonds + Capital Lease…
Q: Opereting income using variable costing?
A: Step 1: Definition of Variable CostingVariable costing is a cost-accounting method where only…
Q: Tutor, solve this Accounting problem
A: Explanation of Cost of Goods Sold (COGS): Cost of Goods Sold represents the direct costs…
Q: The following information describes a company's usage of direct labor in a recent period: Actual…
A: Concept of Direct Labor HoursDirect labor hours refer to the total number of hours that workers…
Q: ?? Financial accounting question
A: Step 1: Define Contribution MarginContribution Margin (CM) represents the amount remaining from…
Q: Overallocated manufacturing overhead?
A: Explanation of Manufacturing Overhead: Manufacturing overhead includes all indirect costs associated…
Q: Get correct solution this financial accounting question
A: To calculate Equivalent Units of Production (EUP) using the weighted-average method, we use the…
Q: ??!!
A: To calculate the Enterprise Value (EV) of Crimson Tech Inc., we follow this formula: Enterprise…
Q: What was the net income reported?
A: Explanation of Net Income:Net income refers to the profit a business earns after deducting all…
Q: Please help with this question general Accounting
A: Step 1: Define Interest AccrualInterest accrual follows the accrual accounting principle, meaning…
Q: The Coyle Shirt Company manufactures shirts in two departments: Cutting and Sewing. The company…
A: Detailed explanation:1. Predetermined Overhead Allocation Rate Estimated Overhead Costs / Estimated…
Q: What is the flexible budget variance for direct labor?
A: Explanation of Flexible Budget Variance: Flexible budget variance is the difference between actual…
Q: Financial Accounting
A: Step 1: Define Earnings Per ShareA company's Earnings per Share is the amount of profit that is…
Q: What is its return on equity?
A: The question requires the determination of the ROE. Return on equity (ROE) is a key indicator of a…
Financial accounting question


Step by step
Solved in 2 steps

- Friendly Bank is attempting to determine the cost behavior of its small business lending operations. One of the major activities is the application activity. Two possible activity drivers have been mentioned: application hours (number of hours to complete the application) and number of applications. The bank controller has accumulated the following data for the setup activity: Required: 1. Estimate a regression equation with application hours as the activity driver and the only independent variable. If the bank forecasts 2,600 application hours for the next month, what will be the budgeted application cost? 2. Estimate a regression equation with number of applications as the activity driver and the only independent variable. If the bank forecasts 80 applications for the next month, what will be the budgeted application cost? 3. Which of the two regression equations do you think does a better job of predicting application costs? Explain. 4. Run a multiple regression to determine the cost equation using both activity drivers. What are the budgeted application costs for 2,600 application hours and 80 applications?The manager of a car wash must decide whether to have one or two wash lines. One line will mean a fixed cost of $5,600 a month, and two lines will mean a fixed cost of $9,520 a month. Each line would be able to process 15 cars an hour. Variable costs will be $3 per car, and revenue will be $5.95 per car. The manager projects an average demand of between 14 and 18 cars an hour. Would you recommend one or two lines? The car wash is open 280 hours a month.. Choose lineA manager must decide how many machines of a certain type to purchase. Each machine can process 100 customers per day. One machine will result in a fixed cost of $2,100 per day, while two machines will result in a fixed cost of $3,700 per day. Variable costs will be $16 per customer, and revenue will be $45 per customer. a. Determine the break-even point for each range. (Round your answers to the next whole number.) One machine Two machines b. If estimated demand is 90 to 120 customers per day, how many machines should be purchased?
- Schurz Corporation's management reports that its average delivery cycle time is 29 days, its average throughput time is 13.0 days, its manufacturing cycle efficiency (MCE) is 0.20, its average move time is 0.6 day, and its average queue time is 3.0 days. Required: a. What is the wait time? (Round your answer to 1 decimal place.) b. What is the process time? (Round your answer to 1 decimal place.) c. What is the inspection time? (Round your intermediate calculations and final answer to 1 decimal place.) a b C Wait time Process time Inspection time days days daysYou run a software development business where customers require immediate technical support. You plan to target 1,092 users this month of which 12.22% will convert and become customers. Each customer will require about 48 minutes of phone support per month from the first month. You plan to recruit the support staff on an hourly basis for $27.7 per hour plus 21.3% in benefits. For every 30 minutes of phone support, each support staff will be entitled to another 15 minutes of administrative and email/messaging support time. How much is the monthly support expense for the customers targeted this month assuming no churn? Options: $5,380 $5,515 $5,649 $5,784 $5,918During each year, CSL Computer Company needs to train 27 service representatives. It costs $12,000 to run a training program, regardless of the number of students being trained. Service reps earn a monthly salaryof $1500, so CSL does not want to train them before they are needed. Each training session takes one month. a. State the assumptions needed for the EOQ model to be applicable. b. How many service reps should be in each training group? c. How many training programs should CSL undertake each year? d. How many trained service reps will be available when each training program begins?
- A manual assembly line is being designed for a product with annual demand = 100,000 units. The line will operate 50 wks/year, 5 shifts/wk, and 7.5 hr/shift. Work units will be attached to a continuously moving conveyor. Work content time = 42.0 min. Assume line efficiency E = 0.97, balancing efficiency Eb = 0.92, and repositioning time Tr = 6 sec. Determine: (a) hourly production rate to meet demand, (b) number of workers required.Suppose an average of 240 trucks arrive each day, there are fourfour wellhead pumps, and each pump can serve an average of 3 trucks per hour. What is the probability that exactly 10trucks will arrive between 2:00 p.m. and 4:00 p.m. on any given day? How likely is it that once a truck is in position at a wellhead, the filling time will be less than 15 minutes? The probablity that 1010 trucks will arrive between 22:00 p.m. and 44:00 p.m. is .58%. The probability that the filling time for the truck being served will be less than 15 minutes is ___%Suppose that a delivery company currently uses one employee per vehicle to deliver packages. Each driver delivers 50 packages per day, and the firm charges $20 per package for delivery. a. What is the MRP per driver per day? b. Now suppose that a union forces the company to place a supervisor in each vehicle at a cost of $300 per supervisor per day. The presence of the supervisor causes the number of packages delivered per vehicle per day to rise to 60 packages per day. What is the MRP per supervisor per day? By how much per vehicle per day do firm profits fall after supervisors are introduced? c. How many packages per day would each vehicle have to deliver in order to maintain the firm’s profit per vehicle after supervisors are introduced? d. Suppose that the number of packages delivered per day cannot be increased but that the price per delivery might potentially be raised. What price would the firm have to charge for each delivery in order to maintain the firm’s profit per vehicle…
- SHOW FORMULAS IN EXCELShannon's Brewery in Keller, Texas is expanding distribution to a number of cities along the l-35 corridor south from Dallas to the Gulf Coast. Shannon's typically distributes through large distributors such as Ben E. Keith located in Denton, Texas. However, Shannon Carter, CEO of Shannon's Brewery, wants to employ a series of missionary sales persons to service restaurants, bars, supermarkets, and liquor stores. Their job will be to promote Shannon's craft beers to these retailers and encourage them to place orders with Shannon's normal distributor in that area. Based on research, Shannon Carter has identified an initial 717 retailers that are potential adopters of his beers. He estimates that it will take ten visits per year to acquire and then service each account. Each sales call is expected to take 32 minutes. Assume a 40-hour work week for sales reps and that 50% of each rep's time will be consumed by non-selling tasks and travel time. How many missionary sales reps will Channon…Nash Corporation manufactures and sells custom snowmobiles. From the time an order is placed till the time the snowmobile reaches the customer averages 50 days. This 50 days is spent as follows: Wait time: 10 days Move time: 5 days Process time: 15 days Queue time: 15 days Inspection time: 5 days What is Nash's manufacturing cycle efficiency (MCE) for its snowmobiles?

