Logan Electronics Corporation Manufactures and Assembles Electronic Motor Drives for Video

question 90

Multiple Choice

Logan Electronics Corporation manufactures and assembles electronic motor drives for video cameras. The company assembles the motor drives for several accounts. The process consists of a just-in-time cell for each customer. The following information relates only to one customer's just-in-time cell. For the year planned labor and overhead was $76,800,000; materials costs, $25 per unit. Planned production included 9,600 hours to produce 76,800 motor drives. Actual production for the month of August was 5,200 units, and motor drives shipped amounted to 5,040 units. From the foregoing information, determine the budgeted cell conversion cost per hour.

• A) $8,025
• B) $800
• C) $7,200
• D) $8,000

Identify key evolutionary milestones in the history of life on Earth.

Describe the processes that have shaped Earth's geological features over time.

Explain the role of oxygen and other atmospheric gases in Earth's climate and biological evolution.

Comprehend the impacts of meteorite impacts on Earth's biological and geological history.

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Definitions:

Futures Contract

A standardized legal agreement to buy or sell a specific commodity or financial instrument at a predetermined price at a specified time in the future.

Zero Coupon Interest Rate

An interest rate that applies to a bond or loan that does not pay periodic interest, only paying the face value at maturity.

Arbitrage Profit

The profit realized from exploiting the price difference of the same or similar financial instruments on different markets or in different forms.

Stock Index

A statistical measure which tracks the performance of a basket of stocks, representing a segment of the stock market.