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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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David Company has plans to produce 100,000 units of Product A and 200,000 units of Product B. The planned results of a month's o
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Answer:

Break-even point= 114943 units

Product A:  77012 units

Product B:  37931 units

Explanation:

Giving the following information:

David Company has plans to produce:

Product A: 100,000 units.

Product B: 200,000 units.

Sales revenue:

Product A= 100,000*1.20= $120,000

Product B= 200,000*0.40= $80,000

Total= $200,000

Varable expense=

Product A= 0.60*100,000= $60,000

Prodcut B= 0.30*200,000= $60,000

Total= $120,000

Contribution Margin= $80,000

Fixed costs= $50,000

Net Income= $30,000

The formula of the break-even point with multiple products is:

Break-even point= Total fixed costs/ (weighted average selling price/ weighted average variable expenses)

First, we have to calculate the sales percentage of individual products in the total sales mix.

Total sales= 300,000 units

A: 200,000/300,000= 0.67

B:100,000/300,000=0.33

Weighted average selling price= (Sale price of product A × Sales percentage of product A) + (Sale price of product B × Sale percentage of product B)= (1.20*0.67)+(0.40*0.33)= $0.936

Weighted average variable expenses= (Variable costs of product A × Sales percentage of product A) + (Variable costs of product B × Variable expenses of product B)= (0.60*0.67) + (0.30*0.33) = $0.501

Now, we can calculate the break-even point:

Break-even point= 50,000/(0.936-0.501)= 114943 units

Product A: 0.67*114943= 77012 units

Product B: 0.33*114943= 37931 units

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3 years ago
A manufacturing unit uses all its resources efficiently
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If a manufacturing unit uses all its resources efficiently, the production rate of the unit will increase. The waste produced will be minimized and more profit will be gained. The manufacturing unit will also have a greater opportunity of being improved.<span />
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A savings account that pays interest every month is said to have a _______ interest period.
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A savings account that pays interest every month is said to have a quarterly interest period.
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3 years ago
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Compare the company profit performance and financial position with the average for the industry
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Answer:

what average for the industry

Explanation:

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2 years ago
When comparing short-run average total cost with long-run average total cost at a given level of output, a. short-run average to
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Answer:

c. short-run average total cost is typically above long-run average total cost

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