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2 years ago

Explain how direct materials standards and direct labor standards are set.

1 answer:

6 0

The standard price per unit for direct materials must reflect the final, delivered cost of the materials, net of any reductions taken. the standard charge is for a specific grade of fabric, purchased particularly lot sizes, and brought by means of a selected type of provider.

Direct materials and direct labor standards can be decided consistently with units without determining in advance the range of units to be manufactured. but because of some constant manufacturing unit overhead prices, it is hard to say that the overhead fee could be Rs X according to the unit.

The predicted rate of materials in keeping with the unit and the predicted quantity usage is needed to help determine a widespread.

Manufacturing companies regularly establish fashionable costs for direct hard work, direct materials, and manufacturing overhead. Well-known cost information comes from a number of resources together with ancient data, product specifications mentioned via product engineers, contracts with suppliers, and hard work union contracts.

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A company sold garden hoses at a reduced price of $7.54 and took an end-of-season markdown of $11.45. What was the original s

Vitek1552 [10]

Answer:

The original selling price would be $ 18.99

Explanation:

Given formula is,

M = S - N

Where,

M = markdown,

S = original selling price,

N = reduced price

Here,

M = $ 11.45, N = $ 7.54,

By substituting the values,

11.45 = S - 7.54

⇒ S = 11.45 + 7.54 = 18.99

Hence, the original selling price of the house is $ 18.99

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3 years ago

Make a list of profession and professionals related to medical science.

shtirl [24]

Answer:

;oiuytrfghbghg

Explanation:

6 0

3 years ago

Drew's company. Ace High sells customized sets of poker chips. he is developing a plan for next year on a quarterly basis. the e

Furkat [3]

Answer:

a) it will first use overtime production and then, subcontract competitor

b) It will produce 650 units during overtime

c) it will purchase 100 units via subcontracting

d) considering the outsource production, the company could be able to produce and sale 1,100 extra units As the subcontractor can produce up to 300 sets per uarter giving a capacity of 1,200 per year and we only use 100 sets.

Explanation:

The company will operate at full capacity thus, producing 450 per uqarter now we need to check if it is better to do overtime or to outsource:

$50 cost of set produced in overtime.

storage cost $7

Total: $57 dollars

outsource $85

It is better to produce and store rather than outsource.

Q1 600- 450 = 150 units

The company will produce his overtime of 300 units

150 - 300 = 150 set are stored to next quarter.

Q2 700 - 450 = 350 units

350 units - 150 stored - 150 overtime = 50 outsource

Q3 600 - 450 = 150 units

there is no store and no overtime available thus, all are outstource

Q4 700 - 450 = 250 units

250 - 200 overtime = 50 outsource

8 0

4 years ago

In an enterprise-class database system, business users interact directly with the DBMS, which directly accesses the database dat

nikklg [1K]

Answer:

False

Explanation:

In an enterprise-class database system, business users can not interact directly with the DBMS, which directly accesses the database data

7 0

3 years ago

Kline Construction is an all-equity firm that has projected perpetual EBIT of $320,000. The current cost of equity is 12.3 perce

miskamm [114]

Answer:

$1,879,215.61

Explanation:

Given that,

EBIT = $320,000

Current cost of equity = 12.3%

Tax rate = 40 percent

Value of perpetual bonds = $936,000

Annual coupon rate = 6.5 percent at par

Value of the unlevered firm:

= [EBIT × (1 - Tax rate)] ÷ Current cost of equity

= [$320,000 × (1 - 0.4)] ÷ 0.123

= $192,000 ÷ 0.123

= $1,560,975.61

Value of the levered firm:

= Value of the unlevered firm + (Tax rate × Value of perpetual bonds)

= $1,560,975.61 + (0.34 × $936,000)

= $1,560,975.61 + $318,240

= $1,879,215.61

4 0

4 years ago