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Nataly_w [17]
2 years ago
10

Firelight Corporation manufactures and sells two types of decorative​ lamps, Knox and Ayer. The following data are available for

the year 2020. Machine​ setup-hours is the only driver of manufacturing overhead costs. Firelight has a set up capacity of 660 hours.
Required:

Calculate the manufacturing overhead costs budget
Business
1 answer:
prisoha [69]2 years ago
3 0

The manufacturing overhead budget contains the manufacturing costs other than the direct materials and direct labor.

<h3>What is manufacturing overhead budget?</h3>

Your information is incomplete. Therefore, an overview will be given. The information in the manufacturing overhead budget is part of the cost of goods sold line item in the master budget.

One can calculate it by dividing the total expected overhead costs for one period by the number of direct labor hours expected in that period.

Learn more about budget on:

brainly.com/question/25790358

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Elizabeth is an account executive for a financial services firm that specializes in employee benefits services. She is meeting w
Alborosie

Answer:

The question is incomplete, it misses the option. The options are the following:

A. New-task

B. Straight rebuy

C. Modified rebuy

D. Contracted purchase

E. Limited modified buy

And the correct answer is the option A: New-task.

Explanation:

To begin with, in the field of business, the expresion of<em> ''new-task''</em> refers to the buying situation where the buyer purchases a product or a service for the very first time and therefore that he has no idea what to expect next accordingly to that new task because he has no information about it. Therefore that the buyer is looking for the help of Elizabeth in this case who represents a consultant that will help the buyer in this buying situation in order to try to make the best choice as possible.

6 0
3 years ago
(Chapter Supplement) Under the gross method of recording sales discounts discussed in this chapter, is the amount of sales disco
UkoKoshka [18]

At the time of collection, if the amount is paid within the discount period, the following entry is recorded:

Cash (+A).......................xxx

Sales discount(+XR,-R,-SE)........xxx

R. Jones (Accounts Receivables)(-A)….xxx

If the account is paid in full before the end of the discount period, the customer can be eligible for a cash discount rate. The duration of the trade credit is known as the credit period, and up until the end of the credit term, no interest is applied to the outstanding balance.

You use it to illustrate how a company's cash flow is distributed equally throughout the year rather than arriving in full at the end. We would use discount period numbers of 1 for the first year, 2 for the second year, 3 for the third year, and so on in a DCF without the mid-year convention.

Learn more about discount period here

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#SPJ4

8 0
1 year ago
The daily demand for parts from a machining workcell JMB to an assembly workcell is 1,600 units. The average processing time is
Karolina [17]

Answer:

Daily demand for parts = 1600 units

Avg processing time = 25 seconds.

Capacity of a container = 250 units

Waiting time of a container before the JMB = 6 hours

Number of containters currently deployed = 10

Solution:

Total number of parts carried by the containter = 10 x 250 = 2500 parts.

Total numbers carried in excess as safety stock = 2500-1600 = 900

Percentage of safety stock = (900/1600) x 100 = 56.25%

If one container is removed total parts carried = 2250 units

Processing time at machine for 250 parts after loading in JMB = 250 x 25 seconds = 1.736 hours, but it has to wait for another 4.26 hours for the next container to be loaded because of the waiting time of the containter is 6 hours.

Processing time at machine for 1600 parts = 1600 x 25 seconds = 11.11 hours

Number of containers required for 1600 parts = 1600/250= 6.4 ~ 7 containters

Waiting time of 7 containers = 7 x 4.26 = 29.82 hours.

If one of the containers has to be removed 1600 parts has to be carried in 6 containers ie., 29.82hours - 6 hours = 23.82hours

Waiting time per container before loading = 23.82/6 = 3.97 hours.

Reduced Total waiting time of the container = 3.97 hours + the processing time of 250 parts = 3.97 + 1.736 =5.7hours ~ 5 hours and 42 minutes

4 0
4 years ago
If Antonio's boss is interested in a graphical presentation of the relationship between the price and quantity of televisions de
kogti [31]

Answer and Explanation:

a) a demand curve  

7 0
3 years ago
Smith Jewelry Store sells 20 pieces of jewelry per day at an average price of $20 per piece. Assume Smith’s cost for the jewelry
Ipatiy [6.2K]

Answer:

$12,000

Explanation:

Take 20 pieces $20 average price per piece 30 days

= $12,000 expected sales for the month

3 0
3 years ago
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