1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Zanzabum
3 years ago
14

For Gundy Company, units to be produced are 5,280 in quarter 1 and 6,400 in quarter 2. It takes 2.0 hours to make a finished uni

t, and the expected hourly wage rate is $15 per hour. Prepare a direct labor budget by quarters for the 6 months ending June 30, 2020.
Business
1 answer:
Lorico [155]3 years ago
7 0

Answer:

Total cost= $350,400

Explanation:

Giving the following information:

For Gundy Company, units to be produced are 5,280 in quarter 1 and 6,400 in quarter 2. It takes 2.0 hours to make a finished unit, and the expected hourly wage rate is $15 per hour.

Quarter 1:

Direct labor cost= 5,280*2= 10,560 hours

Quarter 2:

Direct labor cost= 6,400*2= 12,800 hours

Total cost= (10,560 + 12,800)*15= $350,400

You might be interested in
Which is an<br> irony associated with credit scores?
sveticcg [70]

Answer:

my question I can't see what ur my about

6 0
3 years ago
Life is good® developed the "Good Karma" line of environmentally friendly 100% organic cotton apparel. The production of the Goo
stellarik [79]

Answer:

I believe the answer is A.

Hope this helps! (づ ̄3 ̄)づ╭❤~

Explanation:

"Societal marketing is a marketing concept that holds that a company should make marketing decisions not only by considering consumers' wants, the company's requirements, but also society's long-term interests."

7 0
2 years ago
Computech Corporation is expanding rapidly and currently needs to retain all of its earnings; hence, it does not pay dividends.
Arturiano [62]

Answer: $8.81

Explanation:

To solve this, add the present values of the dividends from years 3, 4 and 5 and then add the present value of the terminal value of the stock at year 5.

Year 3 dividend = $0.50

Year 4 dividend = 0.50 * (1 + 49%) = $0.745

Year 5 dividend = 0.745 * 1.49 = $1.11005

= Dividend in year 3 / (1 + required rate of return)³ + Dividend in year 4 / (1 + required rate of return)⁴ + Dividend in year 5 / (1 + required rate of return)⁵ +   (Dividend in year 5 * (1 + growth rate) / ( required rate of return - growth rate ) ) / (1 + required rate of return)⁵

= 0.5 / 1.16³ + 0.745/1.16⁴ + 1.11005/1.16⁵ + ( 1.11005 / (16% - 9%)) / 1.16⁵

= $8.81

5 0
2 years ago
Arnie made 800,000 after deducting expenses when he sold the helicopter
Maksim231197 [3]
I think the correct answer is c , hope I helped
6 0
3 years ago
Liquidity refers to Group of answer choices the ease with which an asset is converted to the medium of exchange. the measurement
Pani-rosa [81]

Answer:

The correct answer is letter "A": the ease with which an asset is converted to the medium of exchange.

Explanation:

The liquidity of an asset reflects the ease with which it can be transformed from investment to cash. Liquid assets are those that can be transformed easily to cash and see little or no difference in the value of the assets when transformed. Illiquid assets are more difficult to convert and can result in a major decrease in value once converted.

6 0
3 years ago
Other questions:
  • Senator foghorne is running for re-election. one of his political proposals is the enactment of new legislation that will provid
    8·1 answer
  • Traditionally, life insurance companies, pension funds, and brokerage firms are known as ________.
    8·1 answer
  • You are in talks to settle a potential lawsuit. The defendant has offered to make annual payments of $35,000, $39,000, $80,000,
    12·1 answer
  • 1. Which account balance is always reported at the same amount on the parent's balance sheet and on the consolidated balance she
    5·2 answers
  • Help me out with this question please ​
    5·1 answer
  • On November 1, Mason Corp. issued $800,000 of its 10-year, 8% term bonds dated October 1. The bonds were sold to yield 10%, with
    12·1 answer
  • ) You purchased a call option for $3.45 17 days ago. The call has a strike price of $45 and the stock is now trading for $51. If
    12·1 answer
  • Where is the main Federal Reserve Bank located?​
    7·2 answers
  • The likelihood that a decision maker will ever receive a payoff precisely equal to the EMV when making any one decision is: a. L
    8·1 answer
  • __________ is company growth by identifying and developing new market segments for current company products.
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!