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Alinara [238K]
4 years ago
14

Forty Winks Corporation manufactures night stands. The production budget shows that Forty Winks Corporation plans to produce 1 c

omma 400 night stands in March and 1 comma 500 night stands in April. Each night stand requires 0.25 direct labor hours in its production. Forty Winks Corporation has a direct labor rate of $ 14.00 per direct labor hour. What is the total combined direct labor cost that Forty Winks Corporation should budget in March and​ April?
Business
1 answer:
suter [353]4 years ago
7 0

Answer:

Budgeted direct labor cost= $10,150

Explanation:

Giving the following information:

Production:

March= 1,400 units

April= 1,500 units

Each nightstand requires 0.25 direct labor hours in its production. Direct labor rate of $ 14.00 per direct labor hour.

To calculate the production budget cost for direct labor, we need to use the following formula:

Direct labor cost= total direct labor hours*direct labor rate

<u>March:</u>

Direct labor hours= 0.25*1,400= 350 hours

<u>April:</u>

Direct labor hours= 0.25*1,500= 375 hours

Budgeted direct labor cost= (350 + 375)*14= $10,150

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During March, the production department of a process operations system completed and transferred to finished goods 25,000 units
Leni [432]

Answer:

The answer is: the direct labor cost per unit is $4.77

Explanation:

First we must determine the number of completed equivalent units:

Initial inventory 25,000 at 55% complete

  • 25,000 x 55% = 13,750

Completed units 110,000 at 100% complete

  • 110,000 x 100% = 110,000

Ending inventory 30,000 at 30% complete

  • 30,000 x 30% = 9,000

The total amount of equivalent units completed are 13,750 + 110,000 + 9,000 = 132,750 units

Then we add all the labor costs (labor costs associated to initial inventory + direct labor costs incurred during March)

$578,900 + $54,700 = $633,600

Now we divide the total labor cost incurred by the equivalent units:

$633,600 / 132,750 = $4.77 per unit

5 0
3 years ago
9. Study Question #9 Ch 7. Evaluate the following statement describing the strategy that East Asia used from the 1970s to the 19
horsena [70]

Answer:

East Asia's accomplishment in accomplishing a high development rate is a miracle.The example of overcoming adversity centers around outside trade,savings of government and above all in teaching young men and young ladies so that by accomplishing high education level they can accomplish high financial growth.East Asia likewise have a high PPP(Purchasing Power Parity)which helped them to accomplish high growth.Countries like China and Japan are putting more in colleges.  

Fare - situated methodology assumes a significant job being developed of East Asia.Many nations like Japan,Taiwan,China moved to send out polocies to cultivate high econmic growth.Of course,open exchange will be a significant development driven motor and the creating nations will considered it as a most significant weapon in accomplishing growth.Thus,industrialisation is a significant rebound for East Asia to accomplish high financial development.  

Therefore,industralisation,openness to trade,educational accomplishment and import-send out approaches helped East Asia to accomplish high econmic development.  

(b)We know the idea of 'theory of unavoidable losses or Total Factor Productivity.It states that at one point including one extra factor of creation brings about a lessening increment in output.For example,if we utilize laborers to fabricate an item then at a specific level the creation is steady and by utilizing more,the yield decreases.So we can say that the given articulation is valid.  

TFP is a significant factor for high development rate.East Asian nations have accomplished a high growth.Most of this is from factor accumulation.East Asia TFP can't and along these lines the nations lost their normal development achievement.High monetary development brings about low TFP.

8 0
4 years ago
Marlo Stanfield's operation also uses large quantities of prepaid cell phones, on average 1500 per week with a standard deviatio
Likurg_2 [28]

Answer:

option (A) 251 phones

Explanation:

Data provided in the question:

Average quantities of prepaid cell phones used = 1500 per week

Standard deviation, s = 145

Lead time for their own brand of prepaid cell phones, L = 3 weeks

lot size = 350 phones

Safety stock = 500 phone

Now,

The standard deviation of demand during lead time will be

= Standard deviation × \sqrt{\textup{Lead time}}

= 145 × √3

= 251.14 ≈ 251 phones

Hence,

The correct answer is option (A) 251 phones

3 0
3 years ago
If the probability is 0.54 that Stock A will increase in value during the next month and the probability is 0.68 that Stock B wi
Natali5045456 [20]

Answer:

The probability that neither of both stocks increase  is 0,14

Explanation:

The Complement Rule states that the sum of the probabilities of an event and its complement must equal 1.

The data  we have is the probability that Stock A or B increase,  we are looking for the probability that neither occur,  so we have to use the complement of each one.  

Complement of Stock A =1-0.54=0.46

Complement of Stock B =1-0.68=0.32

If we want to know the probability of both events happening we have to multiply both complements.  

Probability that neither of these two events will occur= 0.46 x0.32= 0,1472‬

7 0
3 years ago
A main advantage of enterprise resource planning (erp) is that it describes a _____ that ensures connectivity and easy integrati
marta [7]
The answer to this question is the term which we commonly heard as "PLATFORM". Hence when the main advantage of enterprise resource planning (ERP) is that it describes a PLATFORM that ensures connectivity and easy integration of future systems including in-house software and the commercial packages. In this case, the analyst must consider the architecture of the system.
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3 years ago
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