Skychefs, inc., prepares in-flight meals for a number of major airlines. one of the company’s products is grilled salmon in dill sauce with baby new potatoes and spring vegetables. during the most recent week, the company prepared 4,000 of these meals using 960 direct labor-hours. the company paid these direct labor workers a total of $9,600 for this work, or $10.00 per hour. according to the standard cost card for this meal, it should require 0.25 direct labor-hours at a cost of $9.75 per hour. required: 1. according to the standards, what direct labor cost should have been incurred to prepare 4,000 meals? how much does this differ from the actual direct labor cost?

Why should managers invest any excess cash

You have recently been made a department head of the new regional office. in getting to know your departmental staff, you have noticed that one of your inexperienced employees is not following through on assigned tasks. she is enthused about her new job and wants to get ahead in the organization. which alternative represents the most effective leadership style: a. discuss the lack of follow-through with her and explore thealternative ways this problem can be solved. b. specify what she must do to complete the tasks but incorporate any suggestions she may have. c. define the steps necessary for her to complete the assigned tasks and monitor her performance frequently. d. let her know about the lack of follow-through and give hermore time to improve her performance.

Analyzing and computing accrued warranty liability and expense waymire company sells a motor that carries a 60-day unconditional warranty against product failure. from prior years' experience, waymire estimates that 2% of units sold each period will require repair at an average cost of $100 per unit. during the current period, waymire sold 69,000 units and repaired 1,000 units. (a) how much warranty expense must waymire report in its current period income statement? (b) what warranty liability related to current period sales will waymire report on its current period-end balance sheet? (hint: remember that some units were repaired in the current period.) (c) what analysis issues must we consider with respect to reported warranty liabilities?