The Z-value for a desired service level of 0.95 is ________
A) 1.28
B) 1.65
C) 1.96
D) 2.33
E) 2.58
B
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Galveston Excursons Corporation is considering the purchase of a new ocean-going vessel that could potentially reduce labor costs of its operation by a considerable margin. The new ship would cost $600,000 and would be fully depreciated by the straight-line method over 15 years. At the end of 15 years, the ship will have no value and will be scuttled. Galveston Excursons' cost of capital is 14
percent, and its marginal tax rate is 35 percent. Refer to Galveston Excursons Corporation. What is the present value of the depreciation tax benefit of the new ship? (Round to the nearest dollar.) Present value tables or a financial calculator are required. a. $ 85,991 b. $159,697 c. $210,000 d. $245,688
The following data is given for the Happy Company: Budgeted production 1,000 units Actual production 980 units Materials: Standard price per lb $2.00 Standard pounds per completed unit 12 Actual pounds purchased and used in production 11,800 Actual price paid for materials $23,000 Labor: Standard hourly labor rate $14 per hour Standard hours allowed per completed unit 4.5 Actual labor hours
worked 4,560 Actual total labor costs $62,928 Overhead: Actual and budgeted fixed overhead $27,000 Standard variable overhead rate $3.50 per standard labor hour Actual variable overhead costs $15,500 Overhead is applied on standard labor hours. The direct labor time variance is: A) 912F B) 912U C) 2,100U D) 2,100F
__________is a review of all of the tasks and requirements of the job, both good and bad.
A. Realistic job preview (RJP)? B. Active listening C. Recruiting D. Yield ratio E. Labor market
Aven Salon charges for their services based on the following: Direct labor rate$90per hourMaterials markup 40%Using time and materials pricing, what is the total price for services requiring 4 direct labor hours and $150 of materials?
A. $510. B. $570. C. $360. D. $600. E. $420.