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Mariulka [41]
3 years ago
15

Cedar Designs​ Company, a custom cabinet manufacturing​ company, is setting standard costs for one of its products. The main mat

erial is cedar​ wood, sold by the square foot. The current cost of cedar wood is $ 9.00 per square foot from the supplier. Delivery costs are $ 0.30 per square foot.​ Carpenters' wages are $ 25.00 per hour. Payroll costs are $ 3.60 per​ hour, and benefits are $ 5.00 per hour. How much is the direct labor standard cost per​ hour? A. $ 33.60 B. $ 8.60 C. $ 25.00 D. $ 28.60
Business
1 answer:
butalik [34]3 years ago
8 0

Answer:

$33.60

Explanation:

The direct labor standard cost per hour should include the hourly wages and benefits of all employees related to production process. The listed costs that should be considered are carpenters' wages, payroll costs, and benefits.

Direct labor standard cost per hour is:

L = \$25.00+\$5.00+\$3.60\\L=\$33.60

The answer is A. $ 33.60

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A benchmark market value index is comprised of three stocks. Yesterday the three stocks were priced at $16, $24, and $55. The nu
tatyana61 [14]

Answer:

The 1-day rate of return on the index = 5.36%

Explanation:

Index Value = Sum of (Outstanding Shares*Share Price)

      q          p           mv              q1            p1          mv1

640,000   16    10240000      640000    20     12800000

540,000   24   12960000      540000    22     11880000

240,000   55   <u>13200000</u>  240000    57     <u>13680000</u>

                        <u>36400000 </u>                                <u>38360000</u>

Note: q/q1 = no of shares, p = price per share, mv/mv1 = market value, p1 = changed price per share

Return = (Index Value Today - Index Value Yesterday)/Index Value Yesterday

Return = (38360000 - 36400000) / 36400000

Return = 0.05385

Return = 5.36%

3 0
3 years ago
The closing stage in the selling process involves obtaining a purchase commitment from the prospect. This stage is the most impo
tankabanditka [31]

Answer:

Telltale signals indicating a readiness to buy include questions , financial negotiation, and counteroffers answers

Explanation:

The closing stage of a business is the last stage of closing out a sales process after going through the approach , discovery,presentation and handling objection stages

At this point , every effort has been made to convince a potential client in buying the offered product and a response is keenly expected from him .The benefits of the purchase can still be reassured to him in a closing remark with with powerful words of conviction.

At this point , the seller should look out for the telltales signal of purchase in order to determine his next line of action.

3 0
3 years ago
Now consider the relationship between the price level and the quantity of money that people demand. The lower the price level, t
gayaneshka [121]

Answer: less, less

Explanation: considering the relationship that exist between the price level and the quantity of money that people demand. The lower the price level, the less money the typical transaction requires, and the less money people will wish to hold in the form of currency or demand deposits.

7 0
3 years ago
Milton friedman argued that consumers are more likely to alter their behavior based on.
Bess [88]

The Right Response is Option C which is Long Term Changes in the Economy.

<h3><u>Why Did Friedman Argued So?</u></h3>
  • The concept of monetarism, which refers to the management of money in the economy, was developed by Milton Friedman. According to Friedman, changes in the money supply can have both long- and short-term consequences.

Friedman suggested that long-term changes in the economy had an impact on consumer behavior. Long-term economic developments have an impact on how consumers behave while making purchases. For instance, if long-term economic trends are favorable, consumer spending will rise; otherwise, it would fall.

Therefore, "long-term changes in the economy" is the right response.

To learn more about Long Term Changes in the Economy. Click the links.

brainly.com/question/20822981

#SPJ4

Correct Question - Milton Friedman argued that consumers are more likely to alter their behavior based on

a) changes in the unemployment rate.

b) short-term changes in the economy.

c) long-term changes in the economy.

d) changes in the inflation rate.

4 0
1 year ago
On May 25, Tyler, Inc. issues 100 shares of $10 par value preferred stock for $5,000 cash. The entry to record this transaction
Gennadij [26K]
Basically I don’t know the answer but it wants me to put something
6 0
3 years ago
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