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valina [46]
3 years ago
5

LBC Corporation makes and sells a product called Product WZ. Each unit of Product WZ requires 4.3 hours of direct labor at the r

ate of $22.00 per direct labor-hour. Management would like you to prepare a Direct Labor Budget for June. The budgeted direct labor cost per unit of Product WZ would be:
Business
1 answer:
Doss [256]3 years ago
3 0

Answer:

$94.60

Explanation:

The computation of the budgeted direct labor cost per unit is shown below:

Budgeted direct labor cost per unit = Required direct labor hours × rate per direct labor hour

= 4.3 hours × $22

= $94.60

By multiplying the required direct labor hours with the rate per direct labor hour we can get the budgeted direct labor cost per unit

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The illegal and unethical practice of providing old (or early) investors above-average returns on their investment with funds ra
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Jasper city is trustee for the henry j. moneybags endowment fund, created to provide scholarships to students. This is an exampl
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4 0
1 year ago
The monthly rate of return on T-bills is 1%. The market went up this month by 1.5%. In addition, AmbChaser, Inc., which has an e
a_sh-v [17]

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Explanation:

To answer the question, we proceed as follows;

Firstly, we compute the rate of return:

The rate of return can be calculated using the CAPM model:

According to CAPM,

Rate Of return RE = Rf + β(Rm - Rf)

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RE = Cost of equity

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