1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Ivenika [448]
4 years ago
7

"three workers complete a full 8-hour day finishing concrete for a terrace. all three workers are paid $12 an hour and the job b

ills to the customer for $450. what are the total direct labor costs"
Business
1 answer:
kati45 [8]4 years ago
8 0
Direct labor cost is wages that are incurred in order to produce specific goods or provide specific services to customers. The total amount of direct labor cost is much more than wages paid.
Given that 3 workers, working 8 hours in a day are paid $12. The total amount paid to workers are:
12x8x3=$288
The cost of direct labor will therefore be:
450-288
=$192
You might be interested in
Bonita Company follows the practice of pricing its inventory at the lower-of-cost-or-market, on an individual-item basis. Item N
riadik2000 [5.3K]

Answer:

Explanation:

Amount of Bolton Company inventory = 38,972

Calculations are attached

1. Find net realizable value, which is selling price - cost of disposal;

2. Then subtract normal profit from net realizable value = [g];

3. Find designated market value by choosing the middle value of cost to replace, net realizable value and [g];

4. Choose lowest between designated market value and selling price;

5. Multiply by quantity.

7 0
3 years ago
HELP ASAP! GIVING BRAINLIEST!! 30 POINTS!
ehidna [41]

Answer:

5 dollars profit

Explanation:

7 x 10 = 70 you made 75

6 0
4 years ago
In the month of June, a department had 10,000 units in beginning work in process that were 70% complete. During June, 40,000 uni
butalik [34]

Answer:

Cost per material= $9

Cost per conversion = $8.51 unit

Explanation:

We would assume the company uses weighted average method of valuation.

Under the weighted average method of valuation, to account for completed units, it is assumed that the entire degree of work required is done in the period under consideration. So there is no separation of the completed units into opening inventory and fully worked.

Cost per Equivalent unit= Total cost / Equivalent unit

Completed units = transferred in + opening inventory -closing inventory

               = 40,000 + 10,000 - 5,000 =45,000  units

Equivalent unit of material = (100%× 45,000) + (100%× 5000)= 50,000

Cost per material = $450,000/50,000= $9

Equivalent unit of Conversion cost =(100%× 45,000) + (40%× 5000)= 47,000

Cost per conversion cost = $400,000/ 47,000 units

               = $8.51 unit

Cost per material= $9

Cost per conversion = $8.51 unit

6 0
3 years ago
Leas Corporation staffs a helpline to answer questions from customers. The costs of operating the helpline are variable with res
elena-14-01-66 [18.8K]

Answer:

d. $432,590

Explanation:

In this scenario cost varies with volume of calls. This is called variable cost and is defined as cost that changes as the quantity of goods and services changes. Variable cost is a summation of all the marginal costs of units produced. They rise as production increases and vice versa.

To calculate the variable cost= Total cost/ volume

Variable cost= 452,500/25,000

Variable cost= $18.10

At a new volume of $23,900

Total cost= Variable cost * Volume

Total cost= 18.1* 23,900

Total cost= $432,590

4 0
3 years ago
Healthy​ Farmer, Inc. has 41 comma 000 shares of common stock outstanding and 5 comma 000 shares of preferred stock outstanding.
Tems11 [23]

Answer:

available for common stock holders 34,000

Explanation:

The common stock holders are being paid after the preferred stock.

So we must first calculate and subtract the preferred stock.

5,000 preferred stock x $100 par x 4% = 20,000

declared dividends                            54,000

preferred dividends                         <u> (20,000)   </u>

available for common stock holders 34,000

7 0
4 years ago
Other questions:
  • What are the four challenges associated with telecommuting mentioned in the article​
    5·2 answers
  • Read the scenario. The citizens of Country D have noticed that the average prices of most goods within their nation have begun t
    14·1 answer
  • Karen has $800 to open a checking account. She wants an account with the lowest fees. She only writes about five checks per mont
    10·2 answers
  • Chris runs a small business. She always seems to come up with original and effective new ideas. As an entrepreneur Chris is high
    12·1 answer
  • 5. In a command economy, poor planning is likely to lead to (1 point)
    15·1 answer
  • The Core Principles of Economics — End of Chapter Problem
    15·1 answer
  • Which behavior demonstrates teamwork?
    7·1 answer
  • If net sales for the current year were $612,000, the firm's days' sales uncollected for the year is: (Use 365 days a year.)
    5·1 answer
  • On December 30, 2017, the Board of Directors of Blue Manufacturing, Inc. committed to a plan to discontinue the operations of it
    10·1 answer
  • Isaiah is a Financial Quantitative Analyst for a major stock investment company. What does Isaiah do on a daily basis as a part
    10·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!