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timama [110]
4 years ago
7

Sleep Tight, Inc., manufactures bedding sets. The budgeted production is for 45,800 comforters this year. Each comforter require

s 1.5 hours to cut and sew the material. The cost of cutting and sewing labor is $21.20 per hour. Determine the direct labor budget for this year. $
Business
1 answer:
Nata [24]4 years ago
8 0

Answer:

$1,456,440

Explanation:

Given that,

Budgeted production = 45,800

Direct labor hours per unit = 1.5

Cost of cutting and sewing labor = $21.20 per hour

Total direct labor hours required:

= Budgeted production × Direct labor hours per unit

= 45,800 × 1.5

= 68,700

Total direct labor cost:

=  Total direct labor hours required × cost per hour

= 68,700 × $21.20

= $1,456,440

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Musya8 [376]

Answer:

$1,009.75

Explanation:

Since Martin Jackson worked 46 hours during the week and normal weekly working hours is 40, he'll be paid standard wage rate for 40 hours and time-and-a-half pay for all hours worked in excess of 40 hours during a week.

Hence Gross Pay = [($30 × 40 hours) + ($30 × 1.5 × 6 hours)] = $1,470

Net Pay = Gross Pay - (Federal Income Tax + Social Security Tax + Medicare Tax)

The net pay will be his gross pay less all statutory deductions

Net Pay = $1,470 - [$350 + ($1,470 × 6.0%) + ($1,470 × 1.5%)] = $1,009.75

8 0
4 years ago
All of the following are reasons to stop crashing EXCEPT:
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The statement that does not refer to the reason that aids in project crashing is

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6 0
4 years ago
The following is an Equipment account and its associated Accumulated Depreciation account: Equipment Accumulated Depreciation Be
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Answer:

Explanation:

Generally when a company makes a sale of its used assets like equipment, machinery, land etc, it computes the gain or loss on sale by reducing the current book value of the asset from the sale price. As we all know, Current book value of an asset is calculated by reducing the accumulated depreciation related to that asset from its acquisition cost.

GAAP requires the companies to carry the Asset accounts at Cost minus any sale/scrap and the wear and tear of the asset (depreciation) is accumulated in another separate account. The Asset Account is reported at its Book Value (Cost-Accm. Depreciation) in the Balance Sheet every year. Gain or loss on such assets is calculated by reducing the book value from its sale price

4 0
3 years ago
In order to make your work into a brilliant project, what is the type of thinking that you should focus on improving ? (Choose t
stellarik [79]

Answer:

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5 0
4 years ago
Match each economic concept with the scenarios that illustrates it.
olasank [31]
The correct answer for this question is this one:
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Hope this helps answer your question and have a nice day ahead.
3 0
4 years ago
Read 2 more answers
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