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Umnica [9.8K]
1 year ago
11

The Charade Corporation is preparing its Manufacturing Overhead budget for the fourth quarter of the year. The budgeted variable

manufacturing overhead is $5.00 per direct labor-hour; the budgeted fixed manufacturing overhead is $75,000 per month, of which $15,000 is factory depreciation. If the budgeted direct labor time for December is 8,000 hours, then average budgeted manufacturing overhead per direct labor-hour is closest to: Multiple Choice $14.38 per direct labor-hour $12.50 per direct labor-hour $9.38 per direct labor-hour $16.25 per direct labor-hour
Business
1 answer:
katrin2010 [14]1 year ago
5 0

Answer:

Correct answer is A.

<u>$14.38 per direct labor-hour</u>

Explanation:

If the budgeted direct labor time for December is 8,000 hours, then total budgeted factory overhead per direct labor hour is (rounded):

Total budgeted factory overhead for December= Variable Factory Overhead rate per direct labor hour *  budgeted direct labor time for December + Fixed Factory Overhead per month

Total budgeted factory overhead for December = 5*8000 + 75000

Total budgeted factory overhead for December = $ 115,000

Total budgeted factory overhead per direct labor hour = Total budgeted factory overhead for December/budgeted direct labor time for December

Total budgeted factory overhead per direct labor hour = 115000/8000

Total budgeted factory overhead per direct labor hour = 14.38

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GalinKa [24]

<u>Calculation of Return on Total Assets:</u>

Return on Total assets can be calculated using the following formula:

Return on Total Assets = Net Income / Total Assets

We can calculate Net income as follows:

Sales $2960

Less: Operating Costs $2675

Less: Interest charges $125

Income before tax = 160

Less: Tax (160*40%)  = 64

Net Income = $96


Hence , Return on Total Assets = 96/2100 = 0.0457 =<u>4.57%</u>




5 0
1 year ago
Some major technology companies have faced scrutiny in the past when it comes to labor and human rights on the overseas supplier
Serjik [45]

Answer: The answer is provided below

Explanation:

With overseas factories that continue to move to new locations with a lower labour costs, the monitoring and controlling working conditions becomes a challenge. Research has shown that companies do little to monitor human rights violations in the low-cost supply chain locations.

A scandal involving Apple was reported in 2014 at a manufacturing building in China. The building which was owned by Catcher Technology Co., manufactures metal iPad covers for iPhones. Some findings included hiring discrimination, locked safety exits, excessive work hours, and also unpaid overtime each month totalling about $290,000 in owed wages. The factory was reported to have been dumping its industrial fluids and waste into nearby rivers, and also not providing proper toxic equipment for the employees.

Human rights of these people saw n those area are being abused by having them exposed to pollution, which can lead to lung diseases.

Companies like Apple have said that they are continuing to monitor situations like this, and are fixing them, but we still hear cases of more wrongdoings, therefore you have to wonder how vital these issues truly are to the firms involved.

4 0
2 years ago
Suppose that you start working for a company at age 25. You are offered two rather unlikely, but quite enticing, retirement plan
Harlamova29_29 [7]

Answer:

Total amount= $600,000

Explanation:

Giving the following information:

Suppose that you start working for a company at age 25.

<u>Option 1:</u>

$20,000 for each year of work.

Number of years of service= 55 - 25= 30 years

<u>Now, the total retirement plan:</u>

Total amount= 30*20,000= $600,000

8 0
1 year ago
Engines are the most expensive, heavy component on an aircraft and are designed with detailed specifications. Which of the follo
Nastasia [14]

Answer:

b.

Explanation:

In this scenario, the best theme for the analyst to look into would be a comparison of the commercial prospects of new aircraft models. Meaning a deep look into how well the new aircraft models will do in the commercial markets. This is because the stock prices of United Technologies and Rolls Royce ultimately depends on how well the company's products do when they get released. Therefore in order to decide which investment will return the highest ROI, it is best to compare their commercial prospects.

7 0
1 year ago
The Distribution Point plans to save $2,000 a month for the next 3 years for future emergencies. The interest rate is 4.5 percen
ch4aika [34]

Answer:

A deposit of 36,922.02 dollars will be equivalent to the series of emergencies deposits of 2,000 starting today.

Explanation:

we need to know the future value of the emergencies deposit and then, calculate which lump sum can generate the same amount. As the deposit are done at the beginning It will be an annuity-due:

C \times \frac{(1+r)^{time} -1}{rate}(1+r) = FV\\

C 2,000

time      36 (3 years x 12 months per year)

rate 0.045

2000 \times \frac{(1+0.045)^{36} -1 }{0.045}(1+0.045) = FV\\

FV $180,082.6885

Now we calculate the lump sum which yield this amount as well:

\frac{Maturity}{(1 + rate)^{time} } = PV  

Maturity  $180,082.6885

time   36.00

rate  0.045

\frac{180082.68854409}{(1 + 0.045)^{36} } = PV  

PV   36,922.02

5 0
1 year ago
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