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uranmaximum [27]
2 years ago
11

Reimer Company reported total manufacturing costs of $425,000, manufacturing overhead totaling $80,000, and direct materials tot

aling $100,000. How much is direct labor cost?
Business
1 answer:
erik [133]2 years ago
5 0

Answer:

$245,000

Explanation:

Total manufacturing costs are comprised by three components: manufacturing overhead, direct materials cost and direct labor cost.

If we are given the amount for each cost mentioned above except the labor cost, direct labor cost can be simply obtained by:

Total\ cost = Overhead+Materials+Labor\\Labor = \$425,000-\$80,000-\$100,000\\Labor = \$245,000

The direct labor cost is $245,000.

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Staffing plan that lists the roles and the proposed reporting structure that are required for the project. Typically, a project
Andru [333]

Answer: Project manager

Explanation:

A project manager is a qualified person in the field of project management. Project managers are responsible for the planning, directing, procurement and the execution of a project. Project managers are the first point of contact when issues arise from various departments in the organization before the problem reaches higher authorities.

The project manager is responsible for project management. The project manager does not really take part directly in the things done to produce the end result, but makes sure there is progress and fulfillment of the organizational goals.

4 0
3 years ago
Read 2 more answers
Why long hair on men fell out after the medieval times?
fiasKO [112]
That depends from culture to culture. Some associated it with wildlings or with "uncivilized" Arabian cultures from Northern Africa, while others found it impractical as they were in the military or were in a religious order. Buddhist monks for example shave their heads completely due to their beliefs, while others cut of their hair for army reasons.
3 0
3 years ago
If the marginal propensity to consume is 0.80, what is the total implied increase in economic spending activity from a governmen
Rzqust [24]

\$500 is the total implied increase in economic spending activity from a government stimulus of \$100 billion

<u>Explanation: </u>

The median product preference tests the increase in expenditure due to changes in availability.

In increasing government expenditure, total economic investment would be increased by the scale of the budget multiplier. In other terms, the expenditure equation indicates how much GDP can increase as government expenditure increases.

The spending multiplier can be expressed as \frac{1}{1-M P C} \text { or } \frac{1}{M P S}

\text { Increase in GDP }=\frac{1}{1-M P C} \times \Delta G=\frac{1}{1-0.8} \times 100=\$ 500

So, the total implied increase in economic spending is \$ 500

In economics, marginal propensity to consume (MPC) is the proportion of an aggregate raise in pay that consumer spends on the consumption of services and goods, as opposed to saving it.

7 0
3 years ago
Read 2 more answers
On November 3, the spot price for cotton was $0.81/lb., and the February futures price was $0.83/lb. On November 3, Levi Strauss
bezimeni [28]

Answer:

C : $3,000,000

Explanation:

The Levi Strauss has sold futures at the price of $0.83/lb. The spot price for cotton is $0.81/lb. The difference between spot and exchange price is 0.02/lb ($0.83/lb - $0.81/lb). On November 30, The future prices of cotton raised to 0.85/lb. The average spot of the inventory when purchased was 0.58/lb. To record the inventory in balance sheet we will use average spot plus difference of spot and exchange price $0.58/lb + $0.02/lb = $0.60/lb. The total amount which will be reported in balance sheet will be 200 futures contacts * 25,000lbs * $060/lb = $3,000,000.

4 0
3 years ago
Discovered
vesna_86 [32]
Um I think it’s number 4.
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3 years ago
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