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daser333 [38]
2 years ago
6

Whitmer Corporation is working on its direct labor budget for the next two months. Each unit of output requires 0.07 direct labo

r-hours. The direct labor rate is $8.00 per direct labor-hour. The production budget calls for producing 5,400 units in February and 5,900 units in March.
Construct the direct labor budget for the next two months, assuming that the direct labor work force is fully adjusted to the total direct labor-hours needed each month.
Business
1 answer:
Elena-2011 [213]2 years ago
4 0

Answer:

1. February – Budgeted direct labor hours = 378; Budgeted direct labor cost = $3,024.

2. March – Budgeted direct labor hours = 413; Budgeted direct labor cost = $3,304.

Explanation:

1. February direct labor budget:

a. Number of direct labor-hours budgeted for February = 0.07 * 5,400 = 378 labor hours

b. February budgeted direct labor cost = 378 * $8.00 = $3,024

2. March direct labor budget:

a. Number of direct labor-hours budgeted March = 0.07 * 5,900 = 413 labor hours

b. March budgeted direct labor cost = 413 * $8.00 = $3,304.00

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Aseller closed on his house on november 15. the annual tax bill for the current year is $1,475, which will be paid in arrears by
Paladinen [302]

Answer:

$1,291

Explanation:

The computation is shown below:

Per day allocation = $1,475 ÷ 360 days = 4.0972

Now the days of the seller is counted from January to October month i.e

= 10 months × 30 days

= 300 days

And, add the 15 days of November, so the total number of  days is 315 days

So, the seller portion of the tax is

= 315 days ×  4.0972

= $1,291

The calendar year started from January month and we take the same for the above calculation

7 0
2 years ago
You determined the following information for Big Rapid's Supplies: It has a receivables turnover rate of 23.5 a payables turnove
wlad13 [49]

Answer:

35 days

Explanation:

Receivables turnover rate = 23.5

Payables turnover rate = 12.5

Inventory turnover rate = 19.15

Length of firm's operating cycle :

(Days sales in inventory + average collection period)

Days' sales in inventory = (365 days / inventory turnover ratio)

Days' sales in inventory = (365 / 19.15)

Days's sales in inventory = 18.717 days

Average collection period : (365 / accounts receivable turnover ratio)

Average collection period = (365 / 23.5)

Average collection period = 15.531

(18.717 + 15.531)

= 34.248

= 35 days

4 0
2 years ago
On June 1, Greendale Corp. issued $700,000, five-year bonds at 8%, with interest payable annually on May 31. The bonds sold for
elena-14-01-66 [18.8K]

Answer:

$23,709

Explanation:

Data provided in the question:

Amount of bond issued = $700,000

Duration = 5 years

Interest rate = 8%

Selling amount of bond = $728,700

Market rate of interest = 7%

Now,

Interest paid = Amount of bond issued × Interest rate

= $700,000 × 0.08

= $56,000

Interest expense = Amount of bond sold × Market Interest rate

= $728,700 × 0.07

= $51,009

unamortized premium = Selling amount of bond -  Amount of bond issued

= $728,700 - $700,000

= $28,700

Amortized amount = Interest paid - Interest expense

= $56,000 - $50,009

= $4,991

Balance  of the premiums on bonds payable account immediately following the first interest payment

= unamortized premium - Amortized amount

= $28,700 - $4,991

= $23,709

5 0
2 years ago
Consider a company that provides two services using the same basic process. Service A is relatively complex, and has 15 opportun
patriot [66]

Answer:

The answer is: Total DPMO of the overall process is = 4,733.33

Explanation:

To calculate the defects per million opportunities (DPMO) we use the following formula:

       DPMO = (D/(U*O))*1,000,000

  • Defects = D
  • Unit = U
  • Opportunity to have a defect = O

We are given the following data:

<u>Service A:</u>                                           <u>Service B:</u>

D = 10                                                  D = 17

U = 500                                              U = 1,000

O = 15                                                  O = 5

DPMO Service A = [10 / (500 x 15)] x 1,000,000 = 1,333.33

DPMO Service B = [17 / (1,000 x 5)] x 1,000,000 = 3,400

Total DPMO = 4,733.33

4 0
2 years ago
​bill's organization expects​ 50% of profits to be generated by products that did not exist five years ago. what is the nature o
Elena-2011 [213]
The nature of the program that the organization's managers are likely to follow is INNOVATIVE. The organization's manager wanted to improve the products and set a goal to reach so that the employee will do their best to reach the goal that they didn't exist five years ago.
6 0
2 years ago
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