<u>Solution and Explanation:</u>
The budgeted cost of the direct labor for the month is calcuated as follows:
the given data:
Budgeted production is = 8000 units, time required of direct labor work in order to complete the production is = 40 minutes, the direct labor rate as given in the question is = $100 per hour.
Budgeted cost = time multply with rate of labor multiply with budgeted production
(40/60 multiply with 100) multiply with 8000 = 533,333.33
therefore, the budgeted cost = $533333.33 ( rounded of to 2 places).
Answer:
a.The bonds will sell at a premium if the market rate is 5.5 percent.
Explanation:
Following information provided in the question
Coupon rate = 6%
Face value = $1,000
Time period = 10 years
And if we consider the interest rate 5.5%
So as we can see than the interest rate or market rate is less than the coupon rate or we can say that the coupon rate is more than the market rate so the bond is sell at a premium
I can help ya I will email u the answer
<u>Answer:</u> Option C
<u>Explanation:</u>
The total compensation along with benefits are $72000. When the employee benefits calculated the annual gross pay given in option C . 12.5% interest calculated on $64000 will give total compensation of $72000.
Calculation of total compensation
Employee benefits = $64000 x 12.5/100
=$8000
Annual compensation= $64000 +$8000
=$72000
Explanation:
The overall amount of a government's finished product of any and all additional goods produced and services provided with one year is national revenue. The guiding principle for economics and finance is recognizing how national income is produced.
