eudora industries announces a layoff of 465 employees or 3% of its workforce. What was the size of its total workforce
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Q: eudora industries announces a layoff of 465 employee, or 3% of its workforce. What was the size of…
A: solution eudora industries announces a layoff of 465 employee, or 3% of its workforce. What was the…
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eudora industries announces a layoff of 465 employees or 3% of its workforce. What was the size of its total workforce
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- eudora industries announces a layoff of 465 employee, or 3% of its workforce. What was the size of its total workforce.A company had 30 direct production employees at the beginning of last year and 20 direct production employees at the end of the year. During the year, a total of 15 direct production employees had left the company to work for a local competitor. What is the labour turnover rate for last year? A 16.7% B 20.0% C 25.0% D 60.0%The cost accountant of Al Reem Manufacturing SAOG has computed employee turnover rates for the quarter ended 31st March, 2021 as 9%, 7% and 4% respectively under ‘Flux method’, ‘Replacement method’ and ‘Separation method’ respectively. If the number of workers replaced during that quarter is 60, find out the average number of workers for the quarter. a. 1,142 b. 857 c. 571 d. 1,000
- Housley Paints Co. had a remaining debit balance of $25,000 in its under- and overapplied factory overhead account at year-end. The balance was deemed to be large and, therefore, should be closed to Work in Process, Finished Goods, and Cost of Goods Sold. The year-end balances of these accounts, before adjustment, showed the following: Determine the prorated amount of the underapplied factory overhead that is chargeable to each of the accounts. Prepare the journal entry to close the debit balance in Under-and Overapplied Factory Overhead.A business operated at 100% of capacity during its first month and incurred the following costs: Production costs (19,700 units): Direct materials $181,900 Direct labor 237,500 Variable factory overhead 254,900 Fixed factory overhead 93,200 $767,500 Operating expenses: Variable operating expenses $121,300 Fixed operating expenses 43,000 164,300 If 1,800 units remain unsold at the end of the month, the amount of inventory that would be reported on the absorption costing balance sheet is Oa. $61,611 Ob. $85,139 Oc. $72,694 Od. $70,1283. The extracts from the payroll of a factory is a follows: Number of Employees at the beginning of April 20X5 Number of Employees at the end of April 20X5 Number of Employees resigned during April 20X5 Number of Employees discharged during April 20X5 Number of Employees replaced due to resignations and discharges during April 20X5 150 Hú 250 25 5 20 Calculate the labor turnover rate and equivalent annual rate for the factory by different methods.
- A business operated at 100% of capacity during its first month and incurred the following costs: Production costs (17,700 units): Direct materials $177,800 Direct labor 220,600 Variable factory overhead 247,400 Fixed factory overhead 93,400 $739,200 Operating expenses: Variable operating expenses $123,000 Fixed operating expenses 41,900 164,900 If 1,900 units remain unsold at the end of the month, the amount of inventory that would be reported on the absorption costing balance sheet is a.$82,527 b.$79,363 c.$69,323 d.$97,050A business operated at 100% of capacity during its first month and incurred the following costs: Production costs (19,800 units): Direct materials $177,000 Direct labor 227,000 Variable factory overhead 261,600 Fixed factory overhead 100,400 $766,000 Operating expenses: Variable operating expenses $132,300 Fixed operating expenses 42,700 175,000 If 1,800 units remain unsold at the end of the month, the amount of inventory that would be reported on the variable costing balance sheet is a. $60,498 b. $72,536 Oc. $69,636 O d. $85,545A business operated at 100% of capacity during its first month and incurred the following costs: Production costs (20,000 units): Direct materials $183,900 Direct labor 221,800 Variable factory overhead 259,300 Fixed factory overhead 92,000 $757,000 Operating expenses: Variable operating expenses $125,200 Fixed operating expenses 47,900 173,100 If 1,900 units remain unsold at the end of the month, the amount of inventory that would be reported on the variable costing balance sheet is Oa. $63,194 Ob. $71,915 Oc. $88,360 Od. $75,069
- Cavy Company estimates that the factory overhead for the following year will be $1,229,600. The company has decided that the basis for applying factory overhead should be machine hours, which is estimated to be 23,200 hours. The machine hours for the month of April for all of the jobs were 4,650. If the actual factory overhead for April totaled $242,014, determine the over- or underapplied amount for the month. Enter the amount as a positive number.$fill in the blank 1 UnderappliedA review of Plunkett Corporation's accounting records for last year disclosed the following selected Variable costs Direct materials used $ 56,000 Direct labor $179,100 Manufacturing overhead $154,000 Selling costs $108,400 Fixed costs Manufacturing overhead $267,000 Selling costs $121,000 Administrative costs $235,900 In addition, the company suffered a $27,700 uninsured factory fire loss during the year. What were Plunkett's product costs and period costs for last yearA manufacturing company applies factory overhead based on direct labor hours. At the beginning of the year, it estimated that factory overhead costs would be $360,000 and direct labor hours would be 45,000. Actual factory overhead costs incurred were $377,200, and actual direct labor hours were 47,000. What is the amount of overapplied or underapplied manufacturing overhead at the end of the year?
