I need help with this question if someone could please help me.

Steelcase Inc. is one of the largest manufacturers of office furniture in the United States. In Grand Rapids, Michigan, it produ

melisa1 [442]

Answer:

Total Flexible Budgets for 12,000, 15,000, and 18,000 units is $ 556,000 $ 643,000 and $830,000

Explanation:

Steelcase Inc.

Assembly Department:

Steel per filing cabinet ............................................. 55 pounds

Direct labor per filing cabinet ...................................... 20 minutes

Supervisor salaries ................................................ $180,000 per month

Depreciation ...................................................... $28,000 per month

Direct labor rate................................................... $21 per hour

Steel cost ......................................................... $0.40 per pound

Steelcase Inc.

Flexible budget 

For the month of August 2014.

Units: 12000 15000 18000

Steel for filing cabinet 660,000 825000 990,000 pounds

Steel cost $264,000 330,000 $ 396,000

Direct labor Hrs 4,000 5,000 6,000

Direct labor Cost $84,000 $105,000 $ 126,000

Supervisor salaries $180,000 $180,000 $180,000

Depreciation $28,000 $28,000 $28,000

Total $ 556,000 $ 643,000 $830,000 

First we find the Steel for filing cabinets in pounds . Then we multiply with the rate to find the steel cost.

Similarly we find the direct labor hours and then the direct labor cost.

We assume that the supervisor salaries and depreciation are fixed.

4 0

3 years ago

Majesty Productions accepted a $7,200, 120-day, 6% note from Swartz Studio on March 1. On the date the note matures, Swartz is u

weeeeeb [17]

Answer:

D. Debit Accounts Receivable $7,344; credit Interest Revenue $144; credit Notes Receivable $7,200.

Explanation:

Interest: $7,200 × .06 × 120/360 = $144

The entry that Majesty should record on the maturity date for this dishonored note is :

Debit Accounts Receivable $7,344

Credit Interest Revenue $144

Credit Notes Receivable $7,200.

5 0

3 years ago

Read 2 more answers

Cardiogenic shock following ami is caused by:

stellarik [79]

Cardiogenic shock following ami is caused by:

Decreased pumping force of the heart muscle.

<h3>What is Cardiogenic Shock?</h3>

Cardiogenic shock is an aftermath of Acute Myocardial Infarction. It arises because of the body's sudden inability to pump a sufficient amount of blood to the vital organs of the body.

The mortality rate due to cardiogenic shock is above average.

Learn more about cardiogenic shock here:

brainly.com/question/23788456

#SPJ12

3 0

2 years ago

I have a business. I have 20 workers and 100 dollars!!! How do I split it??????

Andreyy89

You have 20 workers and $100.00

100.00/20workers = $5.00/ worker.

Just hand each one $5.00 and say Thanks Good Job!

Check: $5.00 x 20 = $ 100.00

8 0

3 years ago

Maren received 10 NQOs (each option gives her the right to purchase 10 shares of stock for $8 per share) at the time she started

MAVERICK [17]

Answer:

$500 gain and $185 tax

Explanation:

Sale of share = No. of NQOs × No. of shares × Selling price per share

= 10 × 10 × $20

= $2,000

Basis = No. of NQOs × No. of shares × share price @$15

= 10 × 10 × $15

= $1,500

Gain realised = Sale of share - Basis

= $2,000 - $1,500

= $500

The tax is calculated as follows:

= Gain realised × marginal tax rate

= $500 × 37%

= $185

4 0

3 years ago