Kearney, Inc., makes kitchen tools. Company management believes that a new model of coffee grinder would sell well at a price of $70.20. The company estimates unit materials costs to be $9.00 for the model, and overhead costs would average $30.70 per unit. The local wage rate for direct labor is $26.00 per hour. Kearney has a goal of earning an operating profit of 30.00 percent of manufacturing costs for each of its products.
Required:
What direct labor-hour input (hours per unit) could Kearney allow and still achieve its profit goal? (Round your answer to 2 decimal places.)
Answers: 1
Business, 22.06.2019 09:50
phillips, inc. had the following financial data for the year ended december 31, 2019. cash $ 41,000 cash equivalents 75,000 long term investments 59,000 total current liabilities 149,000 what is the cash ratio as of december 31, 2019, for phillips, inc.? (round your answer to two decimal places.)
Answers: 3
Business, 22.06.2019 17:30
The purchasing agent for a company that assembles and sells air-conditioning equipment in a latin american country noted that the cost of compressors has increased significantly each time they have been reordered. the company uses an eoq model to determine order size. what are the implications of this price escalation with respect to order size? what factors other than price must be taken into consideration?
Answers: 1
Business, 22.06.2019 23:00
Which of the following represents an unlimited queue? a. toll booth serving automobiles on the interstateb. drive through lane at a fast food restaurantc. faculty office with limited seating during office hoursd. restaurant with no outside seating and limited capacity due to fire departments restrictionse. small barbershop with only 5 chairs for waiting customers
Answers: 3
Business, 22.06.2019 23:20
Warby parker, a manufacturer of fashionable prescription eyewear, notes on its website, "warby parker was founded with a rebellious spirit and a loft objective: to offer designer eyewear at a revolutionary price, while leading the way for socially-conscious business." this excerpt from the company's website states warby parker's
Answers: 1
Kearney, Inc., makes kitchen tools. Company management believes that a new model of coffee grinder w...
Mathematics, 13.12.2020 14:00
English, 13.12.2020 14:00
Mathematics, 13.12.2020 14:00
Mathematics, 13.12.2020 14:00
World Languages, 13.12.2020 14:00
Mathematics, 13.12.2020 14:00
Mathematics, 13.12.2020 14:00
English, 13.12.2020 14:00
English, 13.12.2020 14:00
Mathematics, 13.12.2020 14:00
Biology, 13.12.2020 14:00
English, 13.12.2020 14:00