Answer and Explanation:
The preparation is presented below:
1. For Direct labor budget
<u>
Particulars 1st quarter 2nd quarter 3rd quarter 4th quarter Year
</u>
Production Units 10400 9400 11400 12400 43600
direct labor time
per unit (hr) 0.25 0.25 0.25 0.25 0.25
Total direct labor
hour needed 2600 2350 2850 3100 10900
direct labor cost
per hour 12 12 12 12 12
Total direct
labor cost 31200 28200 34200 37200 130800
2. For Manufacturing overhead budget
<u>Particulars 1st quarter 2nd quarter 3rd quarter 4th quarter Year</u>
Variable
manufacturing overhead 4420 3995 4845 5270 18530
Fixed manufacturing
overhead 84000 84000 84000 84000 336000
Total manufacturing
overhead 88420 87995 88845 89270 354530
Less: depreciation -24000 -24000 -24000 -24000 -96000
cash disbursement
for manufacturing overhead 64420 63995 64845 65270 258530
Answer:
Explanation:
It is given that each person values the increase at $0.30
This means that when Ernest contributes $10 to the defense fund, his valuation is 10*0.03 = 3$
You get pad by the hour but may make more <span />
A 9 percent, $1,000 bond matures in 16 years, pays interest semi-annually, and has a yield-to-maturity of 9.68 percent. The current market price is $945.23.
An order marked "At Market" indicates that you are prepared to purchase at the current market rates for purchases. You are prepared to sell at the prices being offered in the market for sale. Market value and market price are synonyms. The market price is the price that is in effect on a specific day or at a specific moment. It is the outcome of supply and demand in the market. One of the main reasons market value is significant is that it offers a clear method for figuring out how much an asset is worth, eliminating any ambiguity or uncertainty. Customers and sellers frequently view a product's value differently in the marketplace.
Learn more about market prices brainly.com/question/14092409
#SPJ4
Answer:
$50 million
Explanation:
The computation is shown below:
As we know that
Required reserve = Deposits × Required reserve ratio
= $200 million × 0.20
= $40 million
Now the excess reserves is
= Bank reserves - required reserve
= $50 million - $40 million
= $10 million
So, the money creation is
Money creation = Money multiplier × excess reserve
where,
Money multiplier = 1 ÷ required reserve ratio
= 1 ÷ 0.20
= 5
So, the money creation is
= 5 × $10 million
= $50 million
