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MAXImum [283]
3 years ago
15

Zhang Industries budgets production of 290 units in June and 300 units in July. Each unit requires 1.5 hours of direct labor. Th

e direct labor rate is $13.80 per hour. The indirect labor rate is $20.80 per hour. Compute the budgeted direct labor cost for July.
Business
1 answer:
8_murik_8 [283]3 years ago
4 0

Answer:

otal labor cost= $6,003

Explanation:

Giving the following information:

Zhang Industries budgets production of 290 units in June and 300 units in July. Each unit requires 1.5 hours of direct labor. The direct labor rate is $13.80 per hour. The indirect labor rate is $20.80 per hour.

Total labor cost= (290*1.5)*13.8= $6,003

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The money stock in the economy is:​ a. ​the amount of wealth accumulating in the economy, such as currency and demand deposits.
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3 years ago
Government attempts to prohibit monopolization of a market are known as __________.
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The management of an online retailer is mostly interested in implementing strategies and pushing policies that result in the uti
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Answer:

The right option is (C)

Explanation:

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Unnecessary debt, like debt on a credit and store charge cards, can destroy your investment opportunities.
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8 0
3 years ago
Read 2 more answers
Kilgore Natural Gas has a $1,000 par value bond outstanding that pays 10 percent annual interest. The current yield to maturity
zubka84 [21]

Answer:

a) 40 yrs Price=$910.49 b) 17 yrs Price=$924.51 c) 8 yrs Price=$948.54

Explanation:

Hi, well, what we need to do is to use the following data and formula in order to find the ´price of each bond, just by changing the maturity time for each , option (40 years, 17 years, and 8 years). Let's illustrate with the first price, when its maturity is 40 years.

Price=\frac{Coupon((1+YTM)^{n-1}-1 )}{YTM(1+YTM)^{n-1} } +\frac{(Face Value+Coupon)}{(1+YTM)^{n} }

Price=\frac{100((1+0.11)^{39}-1 )}{0.11(1+0.11)^{39} } +\frac{(1000+100)}{(1+0.11)^{40} }=910.49

That was a) Price=$910.49

Price=\frac{100((1+0.11)^{16}-1 )}{0.11(1+0.11)^{16} } +\frac{(1000+100)}{(1+0.11)^{17} }=924.51

That was b) Price=$924.51

Price=\frac{100((1+0.11)^{7}-1 )}{0.11(1+0.11)^{7} } +\frac{(1000+100)}{(1+0.11)^{8} }=948.54

Finally, that was c) Price=$948.54

Best of luck.

8 0
3 years ago
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