the actual cost per direct labor hour must be $17.56
<h3>What is
direct labor?</h3>
A direct labor cost is a component of a wage bill or payroll that can be specifically and consistently assigned to or associated with the production of a product, a specific work order, or the provision of a service.
Variable labor, fixed labor, direct labor, and indirect labor are the four types of labor costs.
Labor cost is an important value that finance and accounting professionals calculate to determine a company's direct and indirect labor costs. Wages and benefits for employees directly involved in the production of the product or service commodity are included in the direct cost of labor.
To know more about direct labor follow the link:
brainly.com/question/26245657
#SPJ4
Answer:
Cost of goods manufactured= $350,700
Cost of goods sold= $372,000
Explanation:
The cost of goods manufactured can be calculated as follows
= Direct materials utilized + factory supplies utilized + direct labor + depreciation on plants + property taxes on plant + work in process. January 1 - work in process December 31
= 129,400 + 27,900 + 114,900 + 63,100 + 19,100 + 13,300 -17,000
= $350,700
The cost of goods sold can be calculated as follows
= finished goods on January 1 + cost of goods manufactured - finished goods on December 31
= 69,700 + 350,700 - 48,400
= $372,000
Answer:
D, confirmation bias
Explanation:
Confirmation bias is a form of cognitive bias that is defined as the tendency to interpret ,search, recall an information that confirms one's previous personal belief.
For example, if you suspect that a friend of yours is a thief after some things went missing a few times after he left you place and then someone else tells you he is also suspecting that same friend of being a thief, your confidence bias immediately connects both situations and then you believe your friend is a thief.
I hope this helps.
Answer:
Increasing dividends may not always increase the stock price, because less earnings may be invested back into the firm and that impedes growth.
Explanation:
if increasing dividends results in the company not having enough funds for reinvestment, then value of the company may go down, since value of a stock is the present value of all expected cash-flows from holding the stock. But, if the company is paying dividend from free cash flows, then the payment of the dividend will not negatively affect the value of the stock.
In summary, paying a dividend will not always increase the stock price, and will not always decrease the stock price.
