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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

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Complete the following data taken from the condensed income statements for merchandising Companies X, Y, and Z. For those boxes
spayn [35]

Answer:

Company X:

Sales :

= Gross Profit + Cost of goods sold

= 245 + 330

= $575

Operating expenses:

= Gross profit - Net income

= 245 - 30

= $215

Company Y

Gross profit:

= Sales - Cost of goods sold

= 1,270 - 790

= $480

Net income:

= Gross profit - Operating expenses

= 480 - 525

= $(45)

Company Z

Operating expenses :

= Gross profit - Net income

= 525 - (-20)

= 525 + 20

= $545

Cost of goods sold:

= Sales - Gross profit

= 970 - 525

= $445

7 0
3 years ago
Santorino Company produces two models of a component, Model K-3 and Model P-4. The unit contribution margin for Model K-3 is $6;
tresset_1 [31]

Answer:

Contribution per unit of scare resource (in hour) = $24 per hour

Explanation:

The question falls under the limiting factor analysis

<em>When a business is faced with a problem of shortage of a resource which can be used to produced more than one product type, to maximize the use of the resource , the business should allocate it for production purpose in such a way that </em><em>it maximizes the contribution per unit of the scare resource.</em>

Therefore Santario Company should allocate the machine hours to maximize the contribution per unit of machine hour.

Contribution per unit of scare resource is determine as follows:

Contribution per unit of scare resource for Model K-3

Contribution per unit of Model K-3 = $6

Machine time per unit =  15 minutes

<em>Contribution per unit of scare resource in minutes</em>

=Contribution per unit/Machine time per unit

= 46/15 minutes

= $0.4 per minute

Contribution per unit of scare resource (in hour)

$0.4 per minutes× 60

= $24 per hour

7 0
3 years ago
A numerical measure of your creditworthiness is your credit ___.
nydimaria [60]
The answer is C. Score
6 0
3 years ago
HELP me please
lara31 [8.8K]
Brainly can solve anything
4 0
4 years ago
Ariel, a federal government employee, works in acquisition and procurement. Federal policies require that in contracting with su
Rus_ich [418]

Answer:

Programmed decision

Explanation:

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In the given case, since minimum three bids are received and the bid who has less value meets the specification that results in an acceptance

Therefore this case is of Programmed decision

3 0
3 years ago
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