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MariettaO [177]
3 years ago
10

LBC Corporation makes and sells a product called Product WZ. Each unit of Product WZ requires 2.2 hours of direct labor at the r

ate of $18.00 per direct labor-hour. Management would like you to prepare a Direct Labor Budget for June.The company plans to sell 38,000 units of Product WZ in June. The finished goods inventories on June 1 and June 30 are budgeted to be 600 and 100 units, respectively. Budgeted direct labor costs for June would be:
Business
1 answer:
Oksana_A [137]3 years ago
3 0

Answer:

$1,485,000

Explanation:

Given that,

Ending Inventory = 100 units

Sales = 38,000 units

Beginning Inventory  = 600 units

Direct labor hours required per unit  = 2.2 DLH

Rate per direct labor-hour = $18

Total Units produced in June:

= Ending Inventory + Sales - Beginning Inventory

= 100 units + 38,000 units - 600 units

= 37,500 units

Budgeted direct labor costs for June would be:

= Total Units produced in June × Direct labor hours required per unit × Rate per direct labor-hour

= 37,500 units × 2.2 × $18

= $1,485,000

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1 year ago
Which of the following statements is true?
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6 0
3 years ago
According to the human-capital view, education
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6 0
2 years ago
On its December 31, 2017, balance sheet, Calgary Industries reports equipment of $390,000 and accumulated depreciation of $78,00
ycow [4]

Answer:

For equipment = $430,000

For accumulated depreciation = $104,000

Explanation:

The solution of balances for equipment and accumulated depreciation is shown below:-

balances for equipment and accumulated depreciation

Particulars              Equipment            Accumulated depreciation

Beginning balance $390,000            $78,000

Add:

Addition                   $84,000               $32,000

Less:

Disposition             ($44,000)              ($6,000)

Balance                  $430,000              $104,000

7 0
3 years ago
Two guys walk into a bar; the third one ducks. If these three men acted independently, and the probability is 0.7 that a person
allsm [11]

Answer:

0.063

Explanation:

Given

Probability of a person to not enter into a bar or ducking   is 0.7

Probability of a person to  enter into a bar  

1 - (Probability of a person to not enter into a bar or ducking)

Substituting the given value, we get

Probability of a person to enter into a bar  

= 1 - 0.7 \\= 0.3

Total three men attempts to enter into the bar and their course of action is independent of each others

Thus, probability of observing the first two walking into the bar and the third ducking will be equal to the product of individual probabilities

= 0.7 * 0.3 * 0.3\\= 0.063

7 0
3 years ago
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