A fruit grower has two systems for picking crops. In the first system, the pickers work individually and, because of their selectivity and care, this method yields more choice produce than regular produce. In the second system, four pickers work with a machine; while this method has a greater harvest, it yields less choice produce than regular produce and costs proportionately more due to the amounts of input and output for 1 hr of operating expense of the machine. The ration of each system are given in the following table: Input (workers hours) Output(bu) Cost($) Choice Regular
System 1 1 4 2 2
System 2 4 20 40 11
Required:
Weekly the grower must supply the retail outlet with 480 bu of choice produce and deliver 800 bu of regular to the local cannery, The grower has available 100 hr of labor per week- Determine an operating schedule that meets these demands and minimizes costs.

Franklin painting company is considering whether to purchase a new spray paint machine that costs $4,800. the machine is expected to save labor, increasing net income by $720 per year. the effective life of the machine is 15 years according to the manufacturer’s estimate. required determine the unadjusted rate of return based on the average cost of the investment.

The production manager of rordan corporation has submitted the following quarterly production forecast for the upcoming fiscal year: 1st quarter 2nd quarter 3rd quarter 4th quarter units to be produced 10,800 8,500 7,100 11,200 each unit requires 0.25 direct labor-hours, and direct laborers are paid $20.00 per hour. required: 1. prepare the company’s direct labor budget for the upcoming fiscal year. assume that the direct labor workforce is adjusted each quarter to match the number of hours required to produce the forecasted number of units produced. 2. prepare the company’s direct labor budget for the upcoming fiscal year, assuming that the direct labor workforce is not adjusted each quarter. instead, assume that the company’s direct labor workforce consists of permanent employees who are guaranteed to be paid for at least 2,500 hours of work each quarter. if the number of required direct labor-hours is less than this number, the workers are paid for 2,500 hours anyway. any hours worked in excess of 2,500 hours in a quarter are paid at the rate of 1.5 times the normal hourly rate for direct labor.

The card shoppe needs to maintain 21 percent of its sales in net working capital. currently, the store is considering a four-year project that will increase sales from its current level of $349,000 to $408,000 the first year and to $414,000 a year for the following three years of the project. what amount should be included in the project analysis for net working capital in year 4 of the project?