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erastovalidia [21]
3 years ago
11

Ford Corporation is pulling together its direct labor budget for the next two months. Each unit of output requires 0.05 direct l

abor-hours. The direct labor rate is $9.90 per direct labor-hour. The production budget calls for producing 3,800 units in June and 4,300 units in July.Required:Prepare the direct labor budget for the next two months, assuming that the direct labor work force is fully adjusted to the total direct labor-hours needed each month. (Round your answers to 2 decimal places.)
Business
1 answer:
nasty-shy [4]3 years ago
4 0

Answer:

\left[\begin{array}{ccc}-&$June&$July\\$Units&3,800&4,300\\$Hours per Unit&0.05&0.05\\$Labor Hour&190&215\\$Rate&9.9&9.9\\$Labor Cost&1,881&2,128.5\\\end{array}\right]

Explanation:

\left[\begin{array}{ccc}-&$June&$July\\$Units&3,800&4,300\\$Hours per Unit&0.05&0.05\\$Labor Hour&190&215\\$Rate&9.9&9.9\\$Labor Cost&1,881&2,128.5\\\end{array}\right]

We multiply the required units by the time per units

That way we obtain the labour hours

Next we multiply by the labor rate, giving us the labor cost.

<u>Key -terms</u>

labor rate: the total cost of an employee per hour

labor hours: 1 hours of work from an employee

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dezoksy [38]
The aswer is: A.

Aggregate supply is best described as the total output of a product.
It is the total amount of goods and services that companies can sell depending on a particular level of price and particular amount of time. Its position is usually shown on the the aggregate supply curve, which in supposed to reflect the relationship between price levels and the quantity of output that companies are about to provide.<span>


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7 0
3 years ago
Read 2 more answers
The accountant for Murphy Company prepared the following analysis of its inventory at year end: Item Units Cost per Unit Net Rea
valentina_108 [34]

Answer:

1. $47,255

2. Dr Cost of goods sold account $1,316

Cr Inventory account $1,316

Explanation:

Please find attached detailed solution to the above questions and answers.

3 0
4 years ago
Harrison​ Holdings, Inc.​ (HHI) is publicly​ traded, with a current share price of $ 30 per share. HHI has 25 million shares​ ou
TiliK225 [7]

Euity qBeta of Hotdog = 0.9

Answer:

Nos of Equity Share = 25 Million

Current Share Price 30

HHI Equity=25 × 30 = 750  

HHI Debt  = 66 Million

Beta of Equity of HHI = 1.36

Beta of debt of HHI  = 0

HHI Assets Beta   =    Equity Beta × Equity/(Equity + debt) + Debt

                                    Beta + Debt/(Equity + debt)

                             =     1.21

Holdings of hotdogs = 843/2= 421.5

Therefore Value of Hockey Team = (750 + 64) - 421.5= 392.5

Hotdog Equity beta = (843/1090) × Equity beta + (247/1090) × 0 = 0.74

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HHI Assets Beta = 1.21

(421.5/(421.5 + 392.5)) 0.96 + (392.5/(421.5 + 392.5)) × Beta of Hockey team = 1.21

0.4971 + 0.4822 × Beta of Hockey team = 1.21

after solving Beta of Hockey team = 1.48

4 0
3 years ago
The value of Mike Jackson’s shares in the New Frontiers Technology Fund is $51,400. The management fee for this particular fund
fredd [130]

Answer:

$411.2

Explanation:

The value of Mike Jackson's shares in the New frontiers technology fund is $51,400

The management fee is 0.80%

= 0.80/100

= 0.008

Therefore, the amount of management fee that Mike must pay this year can be calculated as follows

Management fee= Total amount of investment × management fee percent

= $51,400×0.008

= $411.2

Hence the management percent fee that Mike must pay this year is $411.2

5 0
4 years ago
On December 31, 2020, Vaughn Manufacturing granted some of its executives options to purchase 181000 shares of the company’s $10
Snowcat [4.5K]

Answer:

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Explanation:

Fair value option is 1.353.900

Life option 3 years

Total compensation expense should be recognized as expense by the company over the life of the option.

1.353.900/3 = 451.300

8 0
3 years ago
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