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2 years ago

How to calculate direct labor

Business

1 answer:

wariber [46]2 years ago

8 0

Answer:

dividing the total number of finished products by the total number of direct labor hours needed to produce them. For example, if it takes 100 hours to produce 1,000 items, 1 hour is needed to produce 10 products and 0.1 hours to produce 1 unit.

Explanation:

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The controller of Carla Vista Production has collected the following monthly expense data for analyzing the cost behavior of ele

Kruka [31]

Answer:

Results are below.

Explanation:

Giving the following information:

January $2,650 200

February 3,100 320

March 3,570 450

April 4,750 695

May 3,160 500

June 4,910 750

July 4,130 630

August 3,810 580

September 5,060 680

October 4,390 610

November 3,290 320

December 8,920 770

To calculate the variable and fixed components using the high-low method, we need to use the following formulas:

Variable cost per unit= (Highest activity cost - Lowest activity cost)/ (Highest activity units - Lowest activity units)

Variable cost per unit= (8,920 - 2,650) / (770 - 200)

Variable cost per unit= $11

Fixed costs= Highest activity cost - (Variable cost per unit * HAU)

Fixed costs= 8,920 - (11*770)

Fixed costs= $450

Fixed costs= LAC - (Variable cost per unit* LAU)

Fixed costs= 2,650 - (11*200)

Fixed costs= $450

Now, the total cost if the machine hours equals 450:

Total cost= 11*450 + 450= $5,400

Finally, 750 hours:

Total cost= 11*750 + 450= $8,700

6 0

3 years ago

Which one of the four Ps of the Marketing Mix signifies and communicates how the product will reach the end-user (Customer/Consu

Lina20 [59]

Answer:

dsfgtsdgr dsgsdfsrdgdsgdsgdsgdsgdsgdsgdsgdsg

Explanation:

dsgsgdsgdsgsdg

7 0

3 years ago

If real income rises 4%, prices rise 1%, and nominal money demand rises 4%, what is the income elasticity of real money demand?

goblinko [34]

The income elasticity of real money demand d. 3/4

Increase in real money demand = Increase in nominal money demand - Increase in inflation = 4% - 1% = 3%

Income elasticity of real money demand = % increase in real money demand / % increase in real income

= 3% / 4%

= 3/4

Income elasticity of demand is a monetary measure of how responsive the amount of demand for a very good or provider is to trade-in earnings. The formulation for calculating earnings elasticity of demand is the percentage change in quantity demanded divided by using the percent change in earnings.

In economics, the profits elasticity of call for is the responsivenesses of the quantity demanded an amazing to an alternate in patron profits. It is measured because of the ratio of the share exchange in the amount demanded to the proportion exchange in profits.

If the earnings elasticity of call for is more than 1, the best or carrier is taken into consideration a luxury and profits elastic. An amazing provider that has an earnings elasticity of call for between zero and 1 is considered an ordinary correct and income inelastic.

Learn more about Income elasticity here: brainly.com/question/15899715

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5 0

2 years ago

JOURNAL ENTRIES cash withdrawn by the owner for private use Rs. 25000 PLEASE HELP .

alexandr1967 [171]

Answer:

he withdrw 25,000

Explanation:

5 0

3 years ago

Read 2 more answers

Among fatal plane crashes that occurred during the past 55 years, 619 were due to pilot error, 85 were due to other human err

sergey [27]

Answer:

Relative Frequency = Observed value for each cell / Total frequency * 100

Cause Relative Frequency

Pilot Error 619

Other human error 85

Weather 574

Mechanical problems 566

Sabotage 524

Total 2368

The total frequency is 2368

The calculation of the relative frequency distribution is

Cause Relative Frequency Result

Pilot Error 619/2368 * 100 26.14%

Other human error 85/2368 * 100 3.59%

Weather 574/2368 * 100 24.24%

Mechanical problems 566/2368 * 100 23.90%

Sabotage 524/2368 * 100 22.13%

Total 100%

Conclusion: The most serious threat to aviation safety is the Pilot error as it has the highest frequency. Pilot need to be more equipped with understanding and knowledge of how to deal with unexpected event i.e. turbulence, engine failure among others..

5 0

3 years ago