Sarakose Co. is a U.S. company with sales to Canada amounting to C$5 million. Its cost of materials attributable to the purchase of Canadian goods is C$7 million. Its interest expense on Canadian loans is C$5 million. The dollar value of Sarakose's "earnings before interest and taxes" would ____ if the Canadian dollar appreciates; the dollar value of its cash flows would ____ if the Canadian dollar appreciates.
a. increase; increase
b. decrease; increase
c. decrease; decrease
d. increase; decrease
e. increase; be unaffected
Answer: c. decrease; decrease
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ABC, Inc., is a small clothing manufacturer that produces shirts and pants using two resources: sewing machine hours and cutting machine hours. The production manager can schedule up to 240 hr of sewing machine time and up to 150 hr of cutting machine time. Production of one shirt requires 3 hr of sewing time and 1 hr of cutting time. Each pair of pants requires 2 hr of sewing time and 1.5 hr of cutting time. Each shirt yields a profit of $5, and each pair of pants generates a $6 profit. The objective is to maximize profits. Determine cutting time constraint for the LP formulation. Let X1 = Number of shirts to be produced, X2 = Number of pairs of pants to be produced. Which one of the following is NOT one of the corner points (x1, x2) in this LP formulation?
A. (24,84) B. (80,100) C. (0,100) D. (80,0)
Your Director of Service has announced that they want to replace the majority of administrative tasks with software and technology. In groups, discuss what your priorities would be in a local authority HRM position.
What will be an ideal response?
Approximately what percentage of the observed Y values are within one standard error of the estimate ( ) of the corresponding fitted Y values?
a. 67% b. 95% c. 99% d. It is not possible to determine this.
Eisentrout Corporation has two production departments, Machining and Customizing. The company uses a job-order costing system and computes a predetermined overhead rate in each production department. The Machining Department's predetermined overhead rate is based on machine-hours and the Customizing Department's predetermined overhead rate is based on direct labor-hours. At the beginning of the current year, the company had made the following estimates: MachiningCustomizingMachine-hours 16,000 11,000Direct labor-hours 2,000 6,000Total fixed manufacturing overhead cost$104,000$56,400Variable manufacturing overhead per machine-hour$2.10 Variable manufacturing overhead per direct labor-hour $3.30During the current month the company started and finished Job T272. The following data
were recorded for this job:Job T272:MachiningCustomizingMachine-hours 60 30Direct labor-hours 10 60The estimated total manufacturing overhead for the Machining Department is closest to: A. $137,600 B. $310,933 C. $104,000 D. $33,600