Answer:
Explanation:
Calculation of materials budget for 2012
Budgeted production units (A) 17,700
Material Required per unit (Yards) (B) 7
Total Material required (C) = A*B (Yards) 123,900
Add: Desired Ending material inventory 5,400
Less: Beginning Material inventory (4,870)
Material to be purchased (Yards) 124,430
Price Per yard $4
.70
Cost of Material to be purchased $584,821
Answer:
Total direct labor hours= 77,250
Direct labor cost= $911,550
Explanation:
Giving the following information:
Production= 51,500 units
Standard hours= 1.5 per unit
Standard rate= $11.8 per hour
<u>First, we need to calculate the direct labor hours required:</u>
Total direct labor hours= 1.5*51,500= 77,250
<u>Now, the direct labor cost:</u>
Direct labor cost= 77,250*11.8
Direct labor cost= $911,550
In this report, there are three variables being
mentioned. These are:
1st variable = 19 minutes
2nd variable = 7 jumps
3rd variable = 79%
In this problem, I believe what we are asked to do is to
identify the type of variable the 2nd variable is. We are given that
the 2nd variable is “7 jumps”.
This means that the 2nd variable is quantitative because it
refers to or relating to a measurement of something rather than the quality. We
also know that jumps can only take whole numbers, not decimal. Therefore it is
also discrete. Hence, the 2nd variable is:
quantitative and discrete
Federal unemployment tax (FUTA) , state unemployment tax(SUTA), and charitable contributions are not required payroll deductions from an employee's gross earnings.
Gross pay is the total quantum of plutocrat a hand receives before levies and deductions are taken out. For illustration, when an employer pays you an periodic payment of$,000 per time, this means you have earned$,000 in gross pay.
Gross payment is calculated by adding an hand's introductory payment and allowances previous to making deductions, including levies. Then, a introductory payment is the base income of an hand or the fixed part of one's compensation package. Provident Fund isn't taken into account while inferring the gross salary.Gross income is everything that an existent earns during one time, both as a worker and as an investor. Earned income includes only stipend, commissions, lagniappes, and business income, minus charges, if the person is tone-employed.
Learn more about employee's gross earnings here: brainly.com/question/13793671
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