<span>$322,970
The expression for the cash balance at the end of the month is
B = I + R - P
where
B = Balance at the end of the month.
I = Initial balance at the beginning of the month.
R = Receipts received during the month.
P = Payments made during the month.
So let's substitute the known values we have and solve for P
B = I + R - P
95230 = 72600 + 345600 - P
95230 = 418200 - P
95230 + P = 418200
P = 322970
So the cash payments made were $322,970</span>
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
Answer:
$1,443.75
Explanation:
The total cost for paving Sam's portion of the road = $35 per linear foot x 110 front feet = $3,850
If the city is going to pay 25% of the total cost, then it will pay $962.50, that would leave a total of $2,887.50 to be paid between Sam and his front neighbor. So Sam's share = $2,887.50 / 2 = $1,443.75
<span>Let us assume Toni made 100 apple pies in 10 hours, that means 10/hour.
Now, with help of assistant she produces 60% more and work for 20% less time.
So,
[100+(60% of 100)] = 160 apple pies produced in [10-(20% of 10)]= 8 hours.
160/8 = 20/hour
So, with the help of assistant Toni's output of apple pies per hour increases by 100%.</span>
Answer:
D. $525,000
Explanation:
budgeted production = 15,000 units/month
unit production time required = 30 minutes => 0.5 hours
direct labor rate = $70 per hour
Budgeted cost of direct labor for the month = 15,000 * 0.5 * 70
= $525,000
