Answer:
A. the accumulated benefit obligation is less than the fair value of pension plan assets.
Answer:
Standard markup pricing
Explanation:
The reason is that under standard markup pricing the cost of the product is deemed 100% and markup is calculated by multiplying the percentage markup with the total unit cost which is 100%.
For your understanding of standard markup pricing:
Selling price = Cost + Profit
160% = 100% + 60%
By putting values:
Selling price 160% = $30 is 100% Cost + 60% of 100% cost is profit markup
Selling price 160% = $30 + $30 * 60% = $48
Answer:
$43.70
Explanation:
Data provided
Each Unit Require = 2.3 hours
Direct Labor Rate Per Hour = $19.00
The computation of budgeted direct labor cost per unit is shown below:-
Budgeted direct labor cost per unit = Each Unit Require × Direct Labor Rate Per Hour
= 2.3 hours × $19.00 rate per hour
= $43.70
Therefore for computing the budgeted direct labor cost per unit we simply multiply the each unit require with direct labor rate per hour
