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Butoxors [25]
3 years ago
6

Standard Hours Allowed; Flexible Budgeting; Multiple Products (LO 11-1, 11-2) Evening Star, Inc. produces binoculars of two qual

ity levels: field and professional. The field model requires three direct-labor hours, while the professional binoculars require five hours. The firm uses direct-labor hours for flexible budgeting.
Required:

How many standard hours are allowed in May, when 950 field models and 1,050 professional binoculars are manufactured?
Business
1 answer:
Lady_Fox [76]3 years ago
6 0

Answer:

8,100 hours

Explanation:

The computation of standard hours is shown below:-

Total standard hours allowed = (Field models × Field models hours) + (professional binoculars × Professional binoculars hours)

= (950 × 3) + (1,050 × 5)

= 2,850 + 5,250

= 8,100 hours

Therefore for computing the total standard hours allowed we simply applied the above formula.

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Identify a few examples of incentives that someone might encounter in his or her daily life. Instructions: In order to receive f
spin [16.1K]

Answer:

  • Receiving five cents for recycling glass bottles
  • Parking fines for illegal parking
  • Tax breaks for 401(k) retirement contributions checked

Explanation:

Recycling is good for the environment and also means companies spending less because they wouldn't have to reproduce the recycle material from scratch. Paying a person money for recycling the glass bottles is an incentive that is meant to encourage them to do it more.

Not all incentives are positive however. Some are negative and aimed at reducing a behavior. Fining people for illegal parking is an example as the logic is that the offending party will think of the fines the next time they want to park illegally and refrain from it.

Offering tax breaks to a person in order to get them to save is an incentive because they are being offered to keep more of their money if they save more.

4 0
3 years ago
Harmony Company sells hand-knit scarves. Each scarf sells for $40. The company pays $60 to rent vending space for one day. The v
Nataly_w [17]

Answer:

B) 3 scarves

Explanation:

total fixed costs per day = $60 (rent)

selling price per scarf = $40

variable cost per scarf = $15

contribution margin = selling price per unit - variable cost per unit = $40 - $15 = $25

break even formula in units = total fixed costs / contribution margin = $60 / $25 = 2.4 units, since you can only sell complete units, the break even amount is 3 scarves.

8 0
3 years ago
DLW, Inc just started its business. DLW purchased factory equipment for $800,000 on January 1. It is estimated that the equipmen
igor_vitrenko [27]

Answer:

Annual depreciation= $77,000

Explanation:

Giving the following information:

Purchase price= $800,000

Salvage value= $30,000

Useful life= 10 year

Under the straight-line method of depreciation, the depreciation expense is constant along the useful life.

We need to use the following formula:

Annual depreciation= (original cost - salvage value)/estimated life (years)

Annual depreciation= (800,000 - 30,000)/10

Annual depreciation= $77,000

6 0
4 years ago
Suppose that borrowing is restricted so that the zero-beta version of the CAPM holds. The expected return on the market portfoli
raketka [301]

Answer:

10.4%

Explanation:

The computation of expected return on a portfolio is shown below:-

Expected return = Risk Free return + 5%Beta ( Market Return - Risk Free return)

= 5% + 0.60 × (17% - 8%)

= 5% + 5.4%

= 10.4%

Therefore for computing the expected return on a portfolio with a beta of .6 we simply applied the above formula.

The market return less risk free return is known as market risk premium

3 0
3 years ago
A company takes insights provided by its data analytics team, validates them, and finalizes a strategy. They then implement a pl
musickatia [10]

The correct option is C) Act. Act is the sixth phase of the data analysis process.

<h3>What is the act in the data analysis process? What are the other steps involved in it?</h3>

The sixth step of the data is to act. It will provide the recommendations or solutions to the team and stakeholders for solving the business problems and makes the good decision.

Data analysis process involves the defining of the question, collection, cleaning, analyzing of the data and sharing the results.

Basically, it helps the business in making the informed and sound decisions.

Learn more about the data analysis process here:-

brainly.com/question/17353324

#SPJ1

3 0
2 years ago
Read 2 more answers
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