Answer:
Budgeted direct labor cost= $10,150
Explanation:
Giving the following information:
Production:
March= 1,400 units
April= 1,500 units
Each nightstand requires 0.25 direct labor hours in its production. Direct labor rate of $ 14.00 per direct labor hour.
To calculate the production budget cost for direct labor, we need to use the following formula:
Direct labor cost= total direct labor hours*direct labor rate
<u>March:</u>
Direct labor hours= 0.25*1,400= 350 hours
<u>April:</u>
Direct labor hours= 0.25*1,500= 375 hours
Budgeted direct labor cost= (350 + 375)*14= $10,150
Answer and Explanation:
The computation of the equivalent units for direct material and conversion cost is shown below:
Physical units Direct Materials Conversion Cost
Beginning
Work in process
100% and 50% 250
Units Started 800
Total Units
Under process 1,050
Less : Ending
Work in process 150
Units Transferred
to TestingDepartment 900 900 900
Ending Work in process 150 150 112.50
(100% and 75%)
Equivalent units ofproduction 1,050 1,050 1,012.50
Answer:
A. It will stay the same.
Explanation:
The formula to compute the dividend yield is shown below:
= (Annual dividend ÷ market price) × 100
Since in the question, it is given that the expected dividend is growing at the constant growth rate i.e 6.50%, so the expected dividend yield will remain the same in the future.
As it shows a direct relationship between the growth rate and the dividend yield plus the market price is growing at a steady rate
<span>Service can play a big part in whether or not a person would be willing to pay more for an item. Through add-ons like free shipping, assistance with product selection, and support if/when the product fails, the customer can discriminate between products and companies that might offer similar goods.</span>
Answer:
$2,640,000
Explanation:
Given the above information,
Creditor's claim is computer as
= Assets - Common stock - retained earnings
Given that
Assets = $4,345,000
Common stock = $1,076,000
Retained earnings = $629,000
Creditor's claim on their asset = $4,345,000 - $1,076,000 - $629,000
= $2,640,000
