Answer:
$585,120
Explanation:
The computation of Budgeted direct labor costs is shown below:-
Direct labor cost per pod = Direct labor required per pod x Direct labor rate
= 2.4 × $10.60
= $25.44
Budgeted direct labor costs incurred in June = Direct labor cost per pod × Produced pods
= $25.44 × 23,000
= $585,120
Therefore for computing the budgeted direct labor costs we simply applied the above formula.
Answer:
Unrealized gain = $12,000
Explanation:
Security Cost A Fair value B Unrealized amount (B-A)
ABC $40,000 $55,000 $15,000
DEF $72,000 $65,000 -$7,000
XYZ $16,000 $20,000 <u>$4,000</u>
Total <u>$12,000</u>
So, the unrealized gain to be recorded is $12,000
when individuals use all available information about an economic variable to make a decision, expectations are -rational
What is economic variable?
An economic variable is any measurement that helps to consider how an economy may function . for instance population, poverty rate, inflation, and available resources.
What are the five economic variables?
There are 5 common economic variable that are considered :
output, gross domestic product ( GDP ), production, income, and expenditures.
What factors cause economic growth?
Basically , there are two main cause of economic growth: growth in the size of the workforce and growth in the production activity (output per hour worked) of that workforce.
Learn more about economic variable:
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Answer:
-$414,444.44
Explanation:
The computation of the net present value is shown below:
Net present value = Initial investment + net cash flows ÷ (required rate of return - projected growth rate)
= -$1,570,000 + $104,000 ÷ (12% - 3%)
= -$1,570,000 + $1,155,555.56
= -$414,444.44
Hence, the net present value is -$414,444.44
Since the net present value comes in negative so the project is rejected
Answer:
Direct material price variance= $5,000 unfavorable
Explanation:
Giving the following information:
Standard cost per unit 3 pounds at $2 per unit
Actual cost per unit 2.5 pounds at $3 per unit
During the month, 5,000 pounds of raw materials were purchased.
<u>To calculate the direct material price variance, we need to use the following formula:</u>
Direct material price variance= (standard price - actual price)*actual quantity
Direct material price variance= (2 - 3)*5,000
Direct material price variance= $5,000 unfavorable
