Answer:
=5, 011.46
Explanation:
cost of materials : $ 2,415
cost of labor: $ 1,832
Total cost; ( $ 2,415+$ 1,832)= $ 4,247
Add 18 percent mark-up = 4247*1.18
=5, 011.46
Answer:
Direct labor
Explanation:
The role of direct labor is to convert direct material into the finished products. Without the help of direct labor, it is impossible to convert the direct material into the finished goods.
Here, the direct material means the labor which works on manufacturing a product which is directly related to the production level. The allocation of direct labor is done based on the number of hours worked or product.
Hence, The efforts of employees who work directly to convert direct materials into the finished product are referred to as direct labor
Answer:
A
Explanation:
Multidomestic
Multidomestic describes a set of strategies used by companies that operate in more than one country at a time. When businesses take their operations into markets overseas, they will naturally tend to act differently than their larger competitors, many of them choosing a multidomestic strategy. A multidomestic company is a business that uses a different approach in each of the markets it operates in.
A good example of a multidomestic company is Nestlé. Nestlé uses a unique marketing strategy and sales approach for each of the markets in which it operates. They conform their products to local tastes by offering different products in different markets.
Answer:
equivalent cost per unit for labor: $4.1982
Explanation:
complete and transferred 165,000
work on ending WIP 16,500 // 22,000 x 75%
previous work on beginning (8,000) // 20,000 x 40%
Equivalent units 173,500
labor cost added during the period 726,825
equivalent cost 726,825/173,500 = 4.198193084
equivalent cost per unit for labor: $4.1982
