Business, 19.12.2019 04:31 duplessistoccara

Archer contracting repaved 50 miles of two-lane county roadway with a crew of six employees. this crew worked 8 days and used $7,000 worth of paving material. nearby, bronson construction repaved 30 miles of four-lane interstate roadway working 10 days with a crew of five people using $9,000 of paving material. both archer contracting and bronson construction rented the same paving equipment to complete their respective assignments, costing each $1, 500 a day.

a. calculate the labor productivity of both archer contracting and bronson construction. who is the most productive according to this measure?
b. assume that both archer contracting and bronson construction pay their employees $15 an hour and each employee works 8 hours per day. calculate the multifactor productivity of each firm. now who is the most productive and by how much?
c. now assume that both archer contracting and bronson construction pay their employees $35 an hour and each employee works 8 hours per day. calculate the multifactor productivity of each firm. now who is the most productive and by how much?
d. why does the conclusion concerning who is the most productive differ when employees receive $15 an hour (part b) versus $35 an hour (part c)?

Answers: 2

Show answers

Another question on Business

Business, 21.06.2019 21:50

The next dividend payment by savitz, inc., will be $2.08 per share. the dividends are anticipated to maintain a growth rate of 6 percent forever. if the stock currently sells for $42 per share, what is the required return?

Answers: 2

Answer

Business, 22.06.2019 01:00

Paar corporation bought 100 percent of kimmel, inc., on january 1, 2012. on that date, paarâ€™s equipment (10-year life) has a book value of $420,000 but a fair value of $520,000. kimmel has equipment (10-year life) with a book value of $272,000 but a fair value of $400,000. paar uses the equity method to record its investment in kimmel. on december 31, 2014, paar has equipment with a book value of $294,000 but a fair value of $445,200. kimmel has equipment with a book value of $190,400 but a fair value of $357,000. the consolidated balance for the equipment account as of december 31, 2014 is $574,000. what would be the impact on consolidated balance for the equipment account as of december 31, 2014 if the parent had applied the initial value method rather than the equity method? the balance in the consolidated equipment account cannot be determined for the initial value method using the information given. the consolidated equipment account would have a higher reported balance. the consolidated equipment account would have a lower reported balance. no effect: the method the parent uses is for internal reporting purposes only and has no impact on consolidated totals.

Answers: 2

Answer

Business, 22.06.2019 10:30

On july 1, oura corp. made a sale of $ 450,000 to stratus, inc. on account. terms of the sale were 2/10, n/30. stratus makes payment on july 9. oura uses the net method when accounting for sales discounts. ignore cost of goods sold and the reduction of inventory. a. prepare all oura's journal entries. b. what net sales does oura report?

Answers: 2

Answer

Business, 22.06.2019 17:50

Bandar industries berhad of malaysia manufactures sporting equipment. one of the company’s products, a football helmet for the north american market, requires a special plastic. during the quarter ending june 30, the company manufactured 35,000 helmets, using 22,500 kilograms of plastic. the plastic cost the company $171,000. according to the standard cost card, each helmet should require 0.6 kilograms of plastic, at a cost of $8 per kilogram. 1. what is the standard quantity of kilograms of plastic (sq) that is allowed to make 35,000 helmets? 2. what is the standard materials cost allowed (sq x sp) to make 35,000 helmets? 3. what is the materials spending variance? 4. what is the materials price variance and the materials quantity variance?

Answers: 1

Answer

You know the right answer?

Archer contracting repaved 50 miles of two-lane county roadway with a crew of six employees. this cr...

Questions