What is an advantage of using UMH over labor unit costs?
Question:
What is an advantage of using UMH over labor unit costs?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 33% (3 reviews)
An advantage of using UMH Unit ManHour over labor unit costs is that UMH provides a more accurate and detailed measurement of labor productivity 1 Acc...View the full answer
Answered By
Asim farooq
I have done MS finance and expertise in the field of Accounting, finance, cost accounting, security analysis and portfolio management and management, MS office is at my fingertips, I want my client to take advantage of my practical knowledge. I have been mentoring my client on a freelancer website from last two years, Currently I am working in Telecom company as a financial analyst and before that working as an accountant with Pepsi for one year. I also join a nonprofit organization as a finance assistant to my job duties are making payment to client after tax calculation, I have started my professional career from teaching I was teaching to a master's level student for two years in the evening.
My Expert Service
Financial accounting, Financial management, Cost accounting, Human resource management, Business communication and report writing. Financial accounting : • Journal entries • Financial statements including balance sheet, Profit & Loss account, Cash flow statement • Adjustment entries • Ratio analysis • Accounting concepts • Single entry accounting • Double entry accounting • Bills of exchange • Bank reconciliation statements Cost accounting : • Budgeting • Job order costing • Process costing • Cost of goods sold Financial management : • Capital budgeting • Net Present Value (NPV) • Internal Rate of Return (IRR) • Payback period • Discounted cash flows • Financial analysis • Capital assets pricing model • Simple interest, Compound interest & annuities
4.40+
65+ Reviews
86+ Question Solved
Related Book For
Construction Cost Estimating
ISBN: 9780367902681
1st Edition
Authors: John E. Schaufelberger, Len Holm
Question Posted:
Students also viewed these Business questions
-
What is an advantage of using an ELISA in-stead of a protein microarray to study a proteome? What is a disad-vantage?
-
What is an advantage of using the percent of receivables method of estimating uncollectible accounts expense?
-
What is an advantage of using ratio analysis in comparing financial statements from different countries? A) Ratios are expressed as percentages, making currency differences irrelevant to the...
-
Use the approximations obtained in Exercise 3 to approximate the following integrals, and compare your results to the actual values. a. b. c. d. (cos --2 sin ) dr (x cos x2 + er cos ex) dx
-
Selected account balances before adjustment for Oval Realty at April 30, 2010, the end of the current year, are shown at the top of the next page. Data needed for year-end adjustments are as...
-
Express each as the logarithm of a single quantity. See Example 3. 1/2log b a 2 log b 5 3 log b x Data from Example 3 We may also express a sum or difference of logarithms as the logarithm of a...
-
Draw and determine the C.M. positions of the following molecules. Use a periodic table of the elements for the masses of the elements (it is enough to consider the mass number). Atomic distances are...
-
Raymond is a senior partner in a manufacturing firm and is approaching retirement age. In discussing succession planning with the company partners, two alternatives have been presented to Raymond....
-
a) A financial institution is a financial intermediary (FI'S) that facilitates the transfer of funds between suppliers and users of funds. Briefly explain the benefits that FI's provide to the...
-
Cary Company manufactures two models of industrial componentsa Standard model and an Advanced Model. It has provided the following information with respect to these two products: Standard Advanced...
-
Why do the dollar totals in the self-performed option of boxed-in elevated CIP slab example included in this chapter not exactly match the values in Figure 11.3? Figure 11.3 Project: Dunn Lumber...
-
In Chapter 6 we discussed both detailed and rule-of-thumb methods for quantifying rebar weights. We have not given you rebar solutions for each CIP concrete system. Using 100#/CY as an average and...
-
In 2011, to test its cognitive abilities, Watson competed on the quiz show Jeopardy! in the first-ever human-versus-machine matchup for the show. In a two-game, combined-point match (broadcast in...
-
Role of controller, role of chief financial officer. George Jimenez is the controller at Balkin Electronics, a manufacturer of devices for the computer industry. The company may promote him to chief...
-
Suppose there are initially two identical firms that serve a market with constant marginal and average costs, \(M C=A C=6\), per unit of output. Firm 1 gains a first-mover advantage from an...
-
Diego runs a store for Mateo, the owner. Suppose that the inverse demand curve for the store's product is \(p=160-0.1 Q\), where \(Q\) is the quantity demanded and \(p\) is the price per unit. The...
-
In Questions 5.2 and 5.3, describe the equilibrium if \(c_{l} \leq c_{b}\). Data From Question 5.2:- Education is a continuous variable, where \(e_{b}\) is the years of schooling of a high-ability...
-
In Question 5.2, under what conditions is a pooling equilibrium possible? Data From Question 5.2:- Education is a continuous variable, where \(e_{b}\) is the years of schooling of a high-ability...
-
Apart is produced in lots of l, 000 units. It is assembled from 2 components worth $50 total. The value added in production (for labor and variable overhead) is $60 per unit, bringing total costs per...
-
The first national bank pays a 4% interest rate compound continuously. The effective annual rate paid by the bank is __________. a. 4.16% b. 4.20% c. 4.08% d. 4.12%
-
Discuss how you might use the new-product development process if you were thinking about offering some kind of summer service to residents in a beach resort town.
-
If a firm offers one of its brands in a number of different countries, would it make sense for one brand manager to be in charge, or would each country require its own brand manager? Explain your...
-
What are the major advantages of total quality management as an approach for improving the quality of goods and services? What limitations can you think of?
-
4. Determine the quartiles for the following data set. (T/I -6 ) 107, 109, 102, 113, 102, 110, 108, 104, 116, 108, 109
-
3. a) For each scatter plot, describe the relationship between x and y. b) Would you model each relationship with a linear or non-linear model? Justify your answers. (C-6 marks) i) y CL
-
A farmer needs to enclose three sides of a meadow with a fence (the fourth side is a cliff wall). The farmer has 42 feet of fence and wants the meadow to have an area of 216 sq-feet. What should the...
Study smarter with the SolutionInn App