All categories

3 years ago

LO 5.2What is the cost of direct labor if the conversion costs are $330,000 and manufacturing overhead is $275,000?

Business

1 answer:

zhenek [66]3 years ago

7 0

Answer:

cost of direct labor = $55,000

so correct option is A. $55,000

Explanation:

given data

conversion costs = $330,000

manufacturing overhead = $275,000

to find out

cost of direct labor

solution

we get here cost of direct labor that is express as

cost of direct labor = Conversion costs - manufacturing overhead ..............1

put here value we will get here

cost of direct labor = $330,000 - $275,000

cost of direct labor = $55,000

so correct option is A. $55,000

You might be interested in

In the post World War II period, considerable growth in total production took place in the United States. But at the same time,

Maurinko [17]

Answer:

The answer is A) real GDP gives an overly positive view of economic welfare.

Explanation:

Real GDP measures the economic value of total produced goods of an economy adjusted by price levels. It takes in account consumption, investment government purchases and net exports.

However, they do not take into account externalities or negative consequences of the production of an economy. If US produced in factories that produce a lot of pollution, the GDP would capture the value of the produced goods from the factory. However it will not measure the economic consequences of pollution, damage to environment and the industries that depend in these resources. In the long run GDP could be lower if that pollution decreased the possibilities or inputs used to produce goods but in the short run GDP will give a positive view as if nothing bad was happening.

7 0

3 years ago

What is the best reason for homebuyers to create a budget before taking out a mortgage?

Pavlova-9 [17]

Answer:

B. planning on selling their homes before the term of the loan ends.

Explanation:

just took the test

4 0

3 years ago

Jane receives utility from days spent traveling on va- cation domestically (D) and days spent traveling on vacation in a foreign

sammy [17]

Answer:

Explanation:

A point on U=800 is (5, 16)

From BL:

400*F+100D =4000

400*5+100*16 =3600<4000

Therefore u = 800 affordable.

U= 1200

F = 1200/10D

If D = 20

F = 1200/200

Now from BL:

400*6+100*20= 2400+2000=4400>4000

Not affordable.

Maximization:

L = 10DF+ʎ[100*D+400*F – 4000]

Differentiating wrt D and F:

dL/dD = 10F + ʎ*100

dL/dF = 10D +ʎ*400

equating to zero;

ʎ= -F/10

ʎ=-D/40

equating the two:

F/10=D/40

D = 4F

From BL:

400*F+100*D = 4000

400F+100*4F = 4000

800F = 4000

F = 5

D = 4*5=20

7 0

4 years ago

How are fixed costs different from variable costs?

Alekssandra [29.7K]

Answer:

How are fixed costs different from variable costs?Fixed costs do not change no matter how much a business produces; variable costs do change.

Explanation:

when a company decides to produce a certain commodity fixed cost and variable costs are the main costs of the company. Fixed costs are constant regardless of the amount of output a company produces . e.g insurance and rental payment while Variable cost changes or varies or with the amount of goods and services produced by a company.e.g money paid for labour.

6 0

3 years ago

Read 2 more answers

What happens during the adjourning stage of the five-stage group-development model? wrapping up activities assimilating a common

Doss [256]

Answer:

The answer is, wrapping up activities.

Explanation:

Adjourning stage is the last part of the team formation and continuation. This stage usually arrives after the purpose of the team is achieved. Or it could happen if the objectives are not achieved and the team decides to seperate and move on from there.

Wrapping up the team activities can include preparing the final reports, giving feedback, analysing the results, etc.

3 0

3 years ago

Read 2 more answers