a productivity index of 110% means that a company’s labor costs would have been 10% higher if it had not made production improvements. assume that digby had a productivity index of 112% and that baldwin had a productivity index of 103%. now refer to the income statements in the annual report for digby and baldwin. using the labor costs shown in the income statements, how much more did digby save in direct labor costs compared to baldwin by having a higher productivity index?

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Answer 1

Digby saved 9% in direct labor costs compared to Baldwin by having a higher productivity index.

Given that a productivity index of 110% means that a company's labor costs would have been 10% higher if it had not made production improvements, assuming that Digby had a productivity index of 112% and that Baldwin had a productivity index of 103%, to determine how much more did Digby save in direct labor costs compared to Baldwin by having a higher productivity index, the following calculation should be performed:

112 - 100 = 12 103 - 100 = 3 12 - 3 = 9

Therefore, Digby saved 9% in direct labor costs compared to Baldwin by having a higher productivity index.

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Related Questions

fit living has just opened a new fitness club uptown. the company wants to encourage people to try out the club for a week before signing up for membership. since the club is new in the area, the most effective way to promote the free trial is through

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The most effective way to promote the free trial is through an Informative advertising.

An Informative advertising refers to an advert that is done to inform the people of the goods or services strengths rather than trying to convince customers to buy them.

The company should use the Informative advertising to encourage people to try out the club for a week because it is more factual and detailed

Therefore, the most effective way to promote the free trial is through an Informative advertising.

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what method is recommended for a weekly review of the tasks on your to-do list?

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Answer:

Delete it, Do it now, or Defer it.

Explanation:

The three D method is recommended for a weekly review of the tasks on your to-do list which includes Delete it, Do it now, or Defer it.

What is the importance of a weekly review of the tasks?

The importance of weekly review of the tasks plays a significant role in an individual's improvement and growth. It enables people to get ready for the upcoming week. To ensure that everything is completed correctly, it is also used to prioritize your activities.

A chance to proactively influence your life is presented through a weekly evaluation. It's an opportunity to be in alignment with your objectives and make sure that the everyday work you conduct is advancing those objectives.

The three D methods involve deleting the completed task after evaluating them and preparing a schedule for the upcoming task and marking them on the priority list in order to complete it in a timely.

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A corporation has 40,000 shares of $25 par value stock outstanding. If the corporation issues a 4-for-1 stock split, the number of shares outstanding after the split will be:

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Based on the information given the number of shares outstanding after the split will be: 160,000 shares.

Using this formula

Outstanding shares=Current shares  outstanding × Number of the split

Where:

Current shares  outstanding =40,000 shares

Number of the split =4

Let plug in the formula

Outstanding shares=40,000 shares×4

Outstanding shares=160,000 shares

Inconclusion the number of shares outstanding after the split will be: 160,000 shares.

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Home Depot hired an advertising agency to develop television ads for its grand opening in southern Maine. The advertising agency represents which component of the communication process

Answers

Answer:transmitter

Explanation:

When forming a business strategy, the firm needs to compare the cost advantages and drivers of uniqueness across its different activities and compare with that of other firms. True False

Answers

True I think don’t make and answer off me think harder about it

True or false: Adams, Inc. has found that their managers are reluctant to replace old equipment with new, updated equipment. To stop this practice, Adams should compute ROI using assets' net book values.

Answers

Answer: False

Explanation:

According to the given scenario, the given statement is false as net book value discourages equipment replacement.

What is meant by net book value?

The historical cost of an asset, less any sums deducted for depreciation, amortization, or depletion, is its net book value. The requirement that assets be reported at their market worth is a byproduct of fair value reporting. Several of the financial reporting rules mandated by US GAAP are emphasized by the fair value concept. "An asset's selling price agreed upon by a willing buyer and seller, presuming both parties are knowledgeable and join the transaction freely," is what fair value reporting refers to.

When revealing the worth of property, plant, and equipment, NBV is frequently utilized (PPE). This indicates that it is diminished as assets are amortized or depreciated. It is based on the notion that assets depreciate slightly over time as a result of use.

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When decisions in forecasting are at a broader, higher level (as when introducing a new product line or concerning strategic product decisions such as new marketing areas), the term is generally used.

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Answer:

executive judgment

Explanation:

Maya Stuhlbarg, director of marketing for Rheinhold Industrial Products, complains to her advertising director that the continuing slump in orders has apparently been perpetuated by the firm's failure to have the necessary advertising expenditures. Based on this information, Rheinhold is most likely using the ____ approach to determine its advertising expenditures.

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Rheinhold is likely using the percentage of sales approach, which is used to budget advertising expenses according to a fixed percentage based on a budget period.

The percentage of sales approach occurs when each expense for a past or current period is converted as a percentage of net sales and applied at the forecast sales level.

Therefore, while this is an effective method for advertising budgets, the percentage of sales can be based on fixed expenses and balance sheet items that do not correlate with sales.

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Danielle belongs to a temporary team that was created to resolve a specific issue and then disband at a later date. Danielle belongs to a _____ team.

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Problem-solving team are known to be people or members of a team from the same department that's involved in efforts to improve work activities. Danielle belongs to a problem solving team.

Members of a problem solving team often share ideas or offer suggestions on how work processes and methods can be improved.

Problem solving is is a vital part of business. It is said as working through difficulties and overcoming challenges. It entails finding solutions helps us to excel and advance forward.

It is known to help company understand the right approach to problem solving and also to work smarter.

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One of the reasons that a rise in the price of a fixed basket of goods over time tends to overstate the rise in a consumer's true cost of living, is: substitution bias attribution bias complimentary bias preference bias

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The effect that occur when there is rise in price of fixed basket of goods, which actually brings about the rise in a consumer's true cost of living is substitution bias .

Substitution bias can be regarded as effect that do occur when there is change in price of goods are relative to each other.

In this case, the consumer usually leave the high priced goods for cheaper ones because of change in price.

Therefore, option A is correct.

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Which paste option should she use?

Answers

Answer:

Destination Theme and Link Data

Explanation:

Answer:

What she said

Explanation:

How do consumers benefit from accumulating airline miles?
A. Consumers can use the miles to purchase airline tickets.
B. Consumers can use miles as a tax deduction.
C. Consumers can use miles to purchase a home.
D. Consumers can decline travel insurance.

Answers

Answer:

I think is b.

Explanation:

or d but double check just from background i eliminate a and c

Starting in the late 1600s, as economies started to grow,: Multiple choice question. the mobility of the people within them stagnated. governments became socialist. the standards of living of the people within them grew also. populations began to age quickly.

Answers

Answer: it is the standards of living of the people within them grew also.

Explanation:

In January 2020, Ford Co. purchased a patent from a research institution for $400,000. The patent was estimated to have a useful life of 12 years. In December 2021, Ford Co. defended the patent in legal proceedings and successfully retained rights of ownership of the patent. The estimated life of the patent did not change from its original estimate. Legal expenses were $32,000. Determine the carrying value of the patent on December 31, 2021. Note: Carry all decimals in calculations; round the final answer to the nearest dollar

Answers

The carrying value of Ford Co.'s patent on December 31, 2021, is equal to $362,424.

Data and Calculations:

Cost of patent purchased in January 2020 = $400,000

Estimated useful life = 12 years

Annual amortization expense = $33,333.33 ($400,000/12)

Accumulated Amortization on December 31, 2020 = $33,333.33

Carrying value on December 31, 2020 = $366,666.67 ($400,000 - $33,333.33)

Capitalized legal expenses to defense title = $32,000

New value of patent = $398,666.67 ($366,666.67 + $32,000)

Remaining useful life of patent = 11 years

New annual amortization expense = $36,242.42 ($398,666.67/11)

Carrying value of patent on December 31, 2021 = $362,424.25 ($366,666.67 - $36,242.42)

Therefore, the accumulated Amortization on Dec. 31, 2021 is $69,575.75 ($33,333.33 + $36,242.42).

Thus, the carrying value of Ford Co.'s patent on December 31, 2021 is equal to $362,424.25 ($400,000 + $32,000 - $69,575.75).

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What are the 3 Levels of Management?:​

Answers

Explanation:

Administrative, Managerial, or Top Level of Management.

How has BBC’s Children in Need performed against each of the measures of success

Answers

Answer:

How has BBC’s Children in Need performed against each of the measures of success

When sales were down for the third month in a row, the sales manager called a meeting of all sales staff in order to analyze the situation and attempt to come up with some solutions. This example illustrates:

Answers

Answer:

problem-focused coping.

Explanation:

Problem-focused coping is that kind of coping aimed at resolving the stressful situation or event or altering the source of the stress.

The process of determining the maximum allowable cost for a product and developing a profitable prototype is called ______.

Answers

The answer is Target costing
Can I have brainliest

Apple's Steve Jobs had to convince the music industry of a very big change in how they marketed music - what was it

Answers

Answer:

to sell digital version of songs on itunes...

i think

Why should the ar grazing system be good in the profession of farming or domesticating the goats or sheep.DISCUSS.​

Answers

Answer:

the point of the grazing system is to

allow vegetation and soil a resting time to recover, and sometimes also to improve vegetation conditions so this will be good for goat and sheep because they will have more grass

contributed capital of $1,000,000 represents ______.

Answers

The amount stockholders have invested in exchange for a stock

Innovative team firms should have managers who provide ________, ________, and perspective to the team.

Answers

Based on firms' strategies, Innovative team firms should have managers who provide Support, Guidance, and perspective to the team.

This is because firms that focus on innovation would make many mistakes or trials and errors before the actual innovation of their products is made.

Thus, in these situations, employees need managers that can provide supports and encouragement for them to build on their innovative ideas so as not to fear sanctions or penalties if things go wrong.

The employees also need guidance and perspectives from their managers to quickly and correctly transform their innovative ideas into reality.

Hence, in this case, it is concluded that the correct answer is "Support and Guidance, " accordingly.

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How has Tesco’s performed against each of the measures of success?

Answers

Answer:

For a long time, we measured our performance using the Steering Wheel. ... We now have just six simple, key business performance measures. It's about alignment and focus: if we give our colleagues more power to choose the right actions, we'll do a better job for customers and achieve greater success for our business.

Answer:

Tesco has been particularly successful because of its powerful brand.  It has a reputation for value, low prices and for being customer focused.  Its brand equity and associations have helped the company to expand into new sectors and markets.  Tesco has also been strong in public relations, advertising and building profile in catchment areas on a local level.  This local approach to marketing appears to be a key driver for success.

Leah wants to get a home loan from her bank. Which agency would regulate that loan to ensure it is fair? FDA- Food and Drug Administration SEC- U. S. Securities and Exchange Commission CFPB- Consumer Financial Protection Bureau FCC- Federal Communications Commission.

Answers

When a person wants to get a loan from a bank, the agency that ensures they are protected is the CFPB- Consumer Financial Protection Bureau .

The Consumer Financial Protection Bureau:

Was created to protect the public when they seek loans Enforces financial laws aimed at keeping the financial industry fair

The CFPB is therefore the agency that will look into Leah's loan to make sure that she is being treated fairly and is not being charged too much interest.

In conclusion, the agency is the Consumer Financial Protection Bureau.

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C. CFPB- Consumer Financial Protection Bureau

Stevie recently received 1,000 shares of restricted stock from her employer, Nicks Corporation, when the share price was $8 per share. Stevie's restricted shares vested three years later when the market price was $11. Stevie held the shares for a little more than a year and sold them when the market price was $16. What is the amount of Stevie's ordinary income with respect to the restricted stock?
A. $0.
B. $11,000.
C. $5,000.
D. $8,000

Answers

Answer:

It's D - $8,000

Explanation:

8 * 1,000 = 8,000

A feature of corporate bonds is that they a. have residual claims to assets after common stock. b. represent ownership in a firm. c. pay dividends. d. pay interest until maturity. e. carry voting rights.

Answers

Answer:

D- Pay interest untill maturity

The feature of a corporate bond is represented through option d, that is, it pays interest until maturity.

Corporate bonds are raised by corporations with the intention of acquiring funds for business projects or activities by selling it to investors. These bonds are characterized by their face value and contain maturity as well as interest paying dates.

Therefore, the interest is given to investors semi-annually till the date the bond has been issued or maturity.

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For the underwriting of a municipal bond issue, competitive bids are submitted by underwriters as A) a best efforts underwriting commitment. B) a standby underwriting commitment. C) an all-or-none commitment. D) a firm commitment.

Answers

B a standby underwriting commitment.

given in return for good service *

Answers

For a good business, you can add small things that will cheer up your customers :) I’m not sure what u wrote so a piece of advice helps

Statistics derived from national income accounting
A. form the basis for business accounting systems.
B. are useful to assess the health of an economy and formulate policies to maintain and improve that health.
C. are valuable for assessing economic health at a point in time but are less useful for comparisons over time.
D. change frequently and therefore are limited in their usefulness.

Answers

Answer:

B -  are useful to assess the health of an economy and formulate policies to maintain and improve that health.

Explanation:

easy

most of the money used in political campaigns comes from

Answers

Answer:

Federal contribution limits.

Bundling.

Advocacy groups/interest groups.

"Hard" and "soft" money.

Political action committees.

501(c) organizations.

527 organizations.

Political parties.

Explanation:

they can come from any of them

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