Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Basic Finance Expert

The three person crew worked their way through the neighborhood, mowing lawns, edging, apply fertilizer and weed treatments where necessary and collecting all the clippings for use as mulch as part of their new green initiative. Their pricing scheme appears in Table A and the mix of orders and service costs appear in Table B (a clearer view can be seen in the attached excel file):

Table A: Price List:
SERVICE PRICE LABOR MATERIAL
Mow lawn $70 1 hr $3
Edge $25 0.25 hr $2
Fertilizer treatment $130 0.25 hr $40
Weed prevention $80 0.25 hr $25

Multiple services 5% discount times the number of services

Workers are paid at a rate of $10 per hour, and overhead is charged at 120% (or 1.2 times) labor costs. For ex, for a customer that gets both mowing and edging, their $95 bill would be discounted for two services times 5% for a total of 10% off the $95 straight charge for a cost of $85.50. A customer receiving three services would get a 15% discount off their service bill. Labor hours shown in Table A are total hours for the three-person crew.

Table B: Orders Processed
SERVICE # Customers
Mow lawn & edge 6
Mow lawn, Edge, and fertilize 3
Mow lawn, Edge, and weed prevention treatment 2
Mow lawn & fertilize 2

1. Which of the following service combinations they are providing is their most productive from a Multi-factor perspective?
Select one:
a. Mow lawn and fertilize
b. Mow lawn and edge
c. Mow lawn, edge, and fertilize
d. Mow lawn, edge, and weed prevention treatment

2. What is the overall labor productivity (rounded to one decimal)
Select one:
a. 9.7
b. 10.0
c. 9.2
d. 9.5

 

Basic Finance, Finance

  • Category:- Basic Finance
  • Reference No.:- M924132

Have any Question? 


Related Questions in Basic Finance

1 why are psychologists sometimes interested in

1. Why are psychologists sometimes interested in epidemiology? 2. Why do researchers use probability rather than nonprobability samples when doing descriptive research?

Question1which of the following is considered a major

Question 1.Which of the following is considered a major process flow structure? Lead Time Fabrication Lean Manufacturing Project 2. ISO audits result in certifications that are done by first, second, or third parties. Wh ...

A researcher conducts a 2 times 3 times 2 factorial study

A researcher conducts a 2 × 3 × 2 factorial study with 20 participants in each treatment condition. a. If the researcher uses an exclusively between-subjects design, how many individuals participate in the entire study? ...

Can someone help provide the steps and solution to this

Can someone help provide the steps and solution to this problem. X-treme Vitamin Company is considering two investments, both of which cost $10,000. The cash flows are as follows: Year Project A Project B 1.............. ...

A property is available for sale that could normally be

A property is available for sale that could normally be financed with a fully amortizing $80,000 loan at a 10 percent rate with monthly payments over a 25-year term. Payments would be $726.96 per month. The builder is of ...

1 what are special allocations2 what causes the after-tax

1. What are special allocations? 2. What causes the after-tax IRR (ATIRRe) for the general partner to differ from that of the limited partner? 3. What is the significance of capital accounts? What causes the balance in a ...

1 what is meant by the term structural compression how does

1. What is meant by the term "structural compression"? How does this term affect logistics? 2. What is a horizontal company and how would this type of company be organized? What are the strengths of this type of organiza ...

1 define a multinational corporation mnc what additional

1. Define a multinational corporation (MNC). What additional factors must be considered by the manager of an MNC that a manager of a purely domestic firm is not forced to face? 2. Who are the major players in foreign cur ...

1 when are tests of simple main effects used and what do

1. When are tests of simple main effects used, and what do researchers learn from them? 2. Who developed the rationale and computations for the analysis of variance? 3. Under what two circumstances would you use a multiv ...

Discussionpart 1 please respond the following question no

Discussion Part 1 please respond the following question no less then 350 words (original work, no plagiarism, 1 reference "dividends" please respond to the following: • Assess the market and shareholder behaviors when a ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

WalMart Identification of theory and critical discussion

Drawing on the prescribed text and/or relevant academic literature, produce a paper which discusses the nature of group

Section onea in an atwood machine suppose two objects of

SECTION ONE (a) In an Atwood Machine, suppose two objects of unequal mass are hung vertically over a frictionless

Part 1you work in hr for a company that operates a factory

Part 1: You work in HR for a company that operates a factory manufacturing fiberglass. There are several hundred empl

Details on advanced accounting paperthis paper is intended

DETAILS ON ADVANCED ACCOUNTING PAPER This paper is intended for students to apply the theoretical knowledge around ac

Create a provider database and related reports and queries

Create a provider database and related reports and queries to capture contact information for potential PC component pro