Consider a process consisting of three resources. Assume there exists unlimited demand for the product.
Resource 1 has a processing time of 5 minutes per unit
Resource 2 has a processing time of 2 minutes per unit.
Resource 3 has a processing time of 3 minutes per unit.
All three resources are staffed by one worker and each worker gets paid $ 13 per hour. Use two decimals where applicable.
a. What is the cost of direct labor? $ dollars per unit
b. What is the labor content? minutes per unit
c. How much idle time does the worker at resource 3 have per unit? minutes per unit
d. What is the average labor utilization? percent
e. Assuming the demand rate is 29 units per hour, what is the takt time? minutes per unit
f. Assuming the demand rate is 29 units per hour, what is the target manpower?

Baldwin has negotiated a new labor contract for the next round that will affect the cost for their product bold. labor costs will go from $7.91 to $8.41 per unit. in addition, their material costs have fallen from $13.66 to $12.66. assume all period costs as reported on baldwin's income statement remain the same. if baldwin were to pass on half the new costs of labor and half the savings in materials to customers by adjusting the price of their product, how many units of product bold would need to be sold next round to break even on the product?

Oceanside marine company manufactures special metallic materials and decorative fittings for luxury yachts that require highly skilled labor. oceanside uses standard costs to prepare its flexible budget. for the first quarter of the year, direct materials and direct labor standards for one of their popular products were as follows: direct materials: 2 pound per unit; $ 11 per pound direct labor: 2 hours per unit; $ 19 per hour oceanside produced 2 comma 000 units during the quarter. at the end of the quarter, an examination of the direct materials records showed that the company used 7 comma 500 pounds of direct materials and actual total materials costs were $ 98 comma 100. what is the direct materials cost variance? (round any intermediate calculations to the nearest cent, and your final answer to the nearest dollar.)

Rossdale co. stock currently sells for $68.91 per share and has a beta of 0.88. the market risk premium is 7.10 percent and the risk-free rate is 2.91 percent annually. the company just paid a dividend of $3.57 per share, which it has pledged to increase at an annual rate of 3.25 percent indefinitely. what is your best estimate of the company's cost of equity?