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podryga [215]
3 years ago
8

Mighty Corporation manufactures end tables. Each end table requires .50 direct labor hours in its production. Mighty Corporation

has a direct labor rate of? $15 per direct labor hour. The production budget shows that Mighty Corporation plans to produce? 1,000 end tables in March and? 1,100 end tables in April. What is the total combined direct labor cost that Mighty Corporation should budget in March and? April?
Business
1 answer:
Alenkinab [10]3 years ago
5 0
The total combined direct labor cost that Mighty Corporation should budget in March and April is $15,750. The budgeted amount is calculated using the estimated labor hour to produce the product and the cost of labor hour. Mighty Company needs $7.5 ($15 x 0.5) of labor cost in order to create one end table. Mighty Company needs $7,500 of labor cost in order to produce 1,000 end tables in March and needs $8,250 of labor cost in order to produce 1,100 end tables in April.
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4 0
2 years ago
Which of the following statements is correct?
Eddi Din [679]

Answer:

The correct answer is D

Explanation:

Under the periodic inventory system, the companies evaluate the COGS (Cost of goods sold) at the end of the accounting year or the fiscal period. And the details of the goods on hand which are not available, in this system.

And under the perpetual inventory system, this offer better control over the inventories rather than the periodic inventory system. And this system requires the COGS (Cost of goods sold) to be acknowledged at the time of sale and it contain the more accurate value of goods on hand.

Therefore, the statement which is correct is that the perpetual inventory system, offer better control over inventories.

5 0
3 years ago
The ____ is the amount earned on an investment for a given period of time.
hichkok12 [17]

Answer:

Investment income.

Explanation:

Investment income is income that comes from interest payments, dividends, capital gains collected upon the sale of a security or other assets, and any other profit made through an investment vehicle. Generally, individuals earn most of their total net income each year through regular employment income.

hope this helped broski =))

3 0
3 years ago
Which test best helps students prepare for the ACT? A.SAT B.PSAT C.NMSQT D.Aspire
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The SAT helps prepare for the ACT
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3 years ago
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-BARSIC- [3]

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B C D F

Explanation:

3 0
3 years ago
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