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
Answer:1. Executive airplanes
2. Brand names
3. Bonds
4. Investment or capital budgeting
5. Financing
Explanation:
Companies properties consist of assets with physical attributes called tangible such land and those without physical attributes refers to as intangible assets such goodwill, trade marks etc, firms can raise capital by selling bonds which is a debt equity or selling stocks which is a proprietary equity, decision on buying or spending or capital project is called investment or capital budgeting decision and the mode of raising money for expenditures is called financing decisions.
The balance of the manufacturer overhead account is Credit of $30,000, overapplied.
- credit of $30,000, overapplied.
<h3>Underapplied Overhead vs. Overapplied Overhead</h3>
Underapplied overhead is the opposite of overapplied overhead. Overapplied overhead occurs when expenses incurred are actually less than what a company accounts for in its budget. This means that a company comes in under budget and achieves a lower amount of overhead costs during the accounting period.
Therefore, the correct answer is as given above.
learn more about overhead account from here:
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Answer: The correct answer is "E. Cost of goods sold to be overstated and net income to be understated.".
Explanation: The understatement of the ending inventory balance causes:
<u>Cost of goods sold to be overstated and net income to be understated.</u>
Answer:
D. society’s scarce resources are used to produce products that align with consumer preferences
Explanation:
Allocation efficiency is a point in the economy when the goods and services being produced are exactly what the customers or people of the economy want and this is a point of production when marginal social benefit of producing the good is equal to the producers marginal cost.