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PolarNik [594]
3 years ago
10

"Scott Manufacturing Co.'s static budget at 10,000 units of production includes $40,000 for direct labor and $4,000 for electric

power. Total fixed costs are $23,000. At 12,000 units of production, a flexible budget would show:"
Business
1 answer:
Assoli18 [71]3 years ago
4 0

Answer:

Total costs= $75,000

Explanation:

Giving the following information:

For 10,000 units:

$40,000 for direct labor

$4,000 for electric power

Total fixed costs are $23,000

We need to determine the unitary variable cost for direct labor and electric power:

Unitary direct labor= 40,000/10,000= $4

Electric power= 4,000/10,000= $0.4 per unit

Now, for 12,000 units:

Total direct labor cost= 4*12,000= $48,000

Electric power= 0.4*12,000= $4,800

Fixed costs= 23,000

Total costs= $75,000

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On December 31, 20X1, Ball Company leased a machine from Cook for a 10-year period, expiring December 30, 20Y1. Annual payments
hjlf

Answer:

<u>Therefore, the lease liability is $533,600 and the current liability is $46,640. </u>

Explanation:

4 0
3 years ago
Flagler Corporation takes eight hours to complete the setup process for a certain electrical component, with the setup cost aver
marshall27 [118]

Answer:

The question is missing the below options:

$0.

$150.

$300.

$900.

$1,200.

The answer to the question is $300

Explanation:

In determining the amount of non-value adding cost,Flagler number of hours used in setup process is compared to that of its competitor.As a result of comparison, it came to light that Flagler used two more hours in setup process.

The extra hours do not necessarily make Flagler better,instead it makes worse off, as extra $300(2hrs*$150) would have to be incurred without any benefits derived.

This extra costs that do not make the organization better off and  do not add value,so it the non-value adding costs.

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3 0
3 years ago
Define leverage economics.​
Soloha48 [4]

Answer:

Leverage economics

is an investment strategy of using borrowed money—specifically, the use of various financial instruments or borrowed capital—to increase the potential return of an investment.

3 0
3 years ago
Rock Adventures has 15 employees each working 40 hours per week and earning $30 an hour. Federal income taxes are withheld at 15
Maslowich

Answer:

the actual direct deposit payroll is $12,843

Explanation:

The computation of the actual direct deposit payroll is shown below;

= Total salary - withholdings

= (15 × 40 × $30) - Federal income tax - state income tax - FICA tax

= $18,000 - ($18,000 × 0.15) - ($18,000 × 0.06) - ($18,000 × 7.65%)

= $12,843

Hence, the actual direct deposit payroll is $12,843

Basically we applied the above formula

4 0
2 years ago
Analysis reveals that a company had a net increase in cash of
yawa3891 [41]

Answer:

The multiple choices are as follows:

$4,720.

$17,260.

$48,680.

$43,960.

$42,960.

The beginning cash balance was $4,720  

Explanation:

The formula for closing cash balance can be used to determine the opening cash balance as shown thus:

closing cash balance=net increase in cash+opening balance of cash

by arranging the equation

opening cash balance =closing cash balance-net increase in cash

closing cash balance is $26,700

net increase in cash is $21,980

opening cash balance=$26,700-$21,980=$4,720  

7 0
3 years ago
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