Answer:
Unitary cost= $49.72
Explanation:
Giving the following information:
Each chair takes $14 of direct materials and uses 1.9 direct labor hours at $16 per direct labor hour. The variable overhead rate is $1.20 per direct labor hour, and the fixed overhead rate is $1.60 per direct labor hour.
The unitary cost under absorption costing is the sum of direct material, direct labor, and total overhead.
Unitary cost= 14 + (1.9*16) + (1.2*1.9) + (1.6*1.9)= $49.72
Answer:
multiplying the number of physical units by the percentage of completion.
Explanation:
Project management can be defined as the process of designing, planning, developing, leading and execution of a project plan or activities using a set of skills, tools, knowledge, techniques and experience to achieve the set goals and objectives of creating a unique product or service. Generally, projects are considered to be temporary because they usually have a start-time and an end-time to complete, execute or implement the project plan.
The fundamentals of Project Management includes;
1. Project initiation
2. Project planning
3. Project execution
4. Monitoring and controlling of the project
5. Adapting and closure of project.
It is very important and essential that project managers in various organizations, businesses and professions adopt the aforementioned fundamentals in order to successfully achieve their aim, objectives and goals set for a project.
An equivalent unit is calculated by multiplying the number of physical units by the percentage of completion.
Answer:
The journal entry for the following is shown below:
Explanation:
The journal entry for the salary which is paid on January 3 is as:
January 3
Salaries expense A/c..........................Dr $30,000
Cash A/c..............................................Cr $30,000
As the salary is paid worth $30,000, so the salary expense is decreasing and any decrease in expense is debited. Therefore, the salary expense account is debited. And it paid against the cash and the cash is going out of the business and any decrease in cash will be credited. Therefore, the cash account is credited.
An eligible employee may take unpaid leave under the Family and Medical Leave Act for family or medical reasons, or in certain situations for military service: TRUE
<h3>
What is unpaid leave?</h3>
- Unpaid leave is time away from work during which an employee keeps their job but is not paid.
- Employees in the United States are permitted to take unpaid absences for the following reasons: self-care involves a significant health condition.
- There's a family emergency.
- Parental leave for childbirth or adoption.
<h3>Purpose of Family and Medical Leave Act:</h3>
- Under the Family and Medical Leave Act, an eligible employee may take unpaid leave for family or medical reasons, or under certain circumstances, for military service.
Therefore, the statement "an eligible employee may take unpaid leave under the Family and Medical Leave Act for family or medical reasons, or in certain situations for military service" is true.
Know more about the Family and Medical Leave Act here:
brainly.com/question/4014104
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