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iVinArrow [24]
1 year ago
10

Northcutt's production data for a new deluxe product were taken from the most recent quarterly production budget:July August Sep

temberPlanned production in units 1,000 1,100 980In addition, Northcutt produces 5,000 units a month of its standard product. It takes two direct labor hours to produce each standard unit and 2.25 direct labor hours to produce each deluxe unit. Northwest's cost per labor hour is $15.Direct labor cost for August would be budgeted at:a. $187,125.b. $194,750.c. $197,107.d. $183,250.e. None of the other answers are correct.

Business
1 answer:
AlladinOne [14]1 year ago
7 0

$553,950 is the total cost of the production.

Explanation:

In the table attached the various factors are explained

The total production, direct labour, total direct labour hours per unit and the total cost is calculated.

The total production of standard production for 3 months is calculated as (30,000*$15)=$450,000

the total production of deluxe product is calculated as (6,930*$15)=>$103,950

then the sum is found to get the total cost that is $553,950.

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The improvement in the value of the objective function per unit increase in a right-hand side is the a. sensitivity value. b. du
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Answer:

dual price

Explanation:

According to my research on economics, I can say that the improvement in the value of the objective function per unit increase in a right-hand side is referred to as the dual price. This strategy is used by most businesses as a way of taking market shares away from their competitors.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

4 0
2 years ago
Mike Derr and Mark Finger form a partnership by combining assets of their separate businesses. The following balance sheet is fr
larisa86 [58]

Answer and Explanation:

According to the scenario, journal entry for the given data are as follows:

Cash A/c Dr. $1,000

Supplies A/c Dr. $3,000

Land A/c Dr. $8,000

Equipment A/c Dr. $5,000

To A/c Payable A/c $4,500

To Notes payable A/c $3,100

To M. Derr capital A/c $9,400    ($1000+$3000+$8000+$5000-$4500-$3100)

(Being Derr's investment is recorded)

3 0
1 year ago
Alex worked as a programmer for the GPS device and phone application known as MyWaze. He signed a covenant not to compete with M
Tatiana [17]

Answer:

<u>B, D</u>

Explanation:

1. Alex may be favoured in court if it was proven that Alex had signed the covenant not to compete in by force or else he would have been immediately fired from MyWaze. Then he may likely gain victory.

2. The second scenario, if Alex was involved in job at Google that wasn't going to compete with MyWaze;  that is rather than going to work on creating a GPS Application for Google, Alex was hired to be a programmer for Google’s e-mail system. Since the email system does not have any competition with a GPS app he may be favoured.

4 0
2 years ago
Accountants do not speak in terms of increases and decreases. Rather, they use technical terminology. Thus, to __________ an acc
aksik [14]

Answer:

The first gap is for Debit

The second gap is for credit

Explanation:

In accounting, Debit side(Dr) is always on the left side and credit side(Cr) is always on the right side.

The table is usually like 'T'

Debit side increases asset and expenses while credit decreases assets and expenses.

Also, Debit side decreases liability, equity and revenue while credit increases liability, equity and revenue

4 0
2 years ago
Casey has ​$1 comma 000 to invest in a certificate of deposit. Her local bank offers her 2.50​% on a​ twelve-month FDIC-insured
frutty [35]

Answer:

the risk premium = return of the deposit - risk free deposit return

risk premium = 5.2% - 2.5% = 2.7% or $27 for a $1,000 CD

Besides the investment risk, Casey must also consider the inflation rate and taxes. The inflation rate lowers the real interest earned by Casey: real interest rate = nominal interest rate - inflation rate. And she must also find out how the return from the non-financial institution is taxed, if it can be taxed as capital gains or regular income.

6 0
1 year ago
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