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Tatiana [17]
3 years ago
8

It takes 30 minutes of direct labor time to make one unit. Direct labor wages average $17 per hour. Variable overhead is applied

at the rate of $5 per direct labor hour. Fixed overhead is budgeted at $56,500 per month. What is the budgeted overhead for November
Business
1 answer:
Cerrena [4.2K]3 years ago
5 0

Answer:

$404,000

Explanation:

Overheads includes all indirect cost incurred to product the units to be sold. Indirect costs are those costs which are not directly traceable / attributable to the product. These cost are variable and fixed.

Time for each unit = 30 minutes = 0.5 hours

Budgeted production in November = Closing Inventory + Sales in November - Opening Inventory.

Budgeted production in November = (180,000 x 10% ) + 135,000 - 14,000 = 139,000

Budgeted production overhead Included all the variable and fixed overheads incurred to produce the budgeted production.

Variable overhead = 139,000 x 5 X 0.5 = $347,500

Total budgeted Overhead = $347,500 + $56,500 = $404,000

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During a pandemic, goods and services may become scarce as a result of: A. Unwillingness to purchase goods and services due to f
lions [1.4K]

Answer: D. Restrictions on travel into and out of affected areas.

Explanation:

Restrictions on travel in and out of affected areas can lead to Scarcity in a Pandemic because there is no free movement of labour and capital.

With borders shut down, goods that were normally imported will suddenly become very hard to acquire because getting them through travel bans is very hard and in most cases, impossible.

Also affected are services as, for instance, the people who provided such services might live in or come from the place they provide said service to. Getting into those areas might prove too cumbersome a task thereby limiting Service provision.

Looking at the current Corona Virus Pandemic that has seen the most extensive Travel Restrictions by Countries in recent times and looking at the Scarcity being suffered by those same countries, drawing the conclusion that the Scarcity is as a result of an impediment to free movement of Goods and Services is most logical.

4 0
4 years ago
Read 2 more answers
Which of the following is not a business management perspective that goes beyond the numbers to enable intelligent planning, con
lana [24]
<h2>Lean Production Perspective</h2>

Explanation:

There are 6 Business management perspective. They are:

  1. An ethics perspective
  2. Strategic management perspective
  3. Enterprise risk management
  4. Corporate social responsibility perspective
  5. A process management perspective
  6. A leadership perspective

Here the Lean production perspective does not come under the business management perspective.

Lean production actually deals with cutting down of waste and whilst ensuring quality. This approach is basically a cost-cutting approach where it brings benefit to the business. This is one of the most efficient methods.

4 0
3 years ago
surfshack corp. buys surfboards, wetsuits, and surf wax from rip to shreds, inc. for sale to consumers. what type of company is
viva [34]

Buys surfboards, wetsuits, and surf wax from rip to shreds, inc. for sale to consumers. The type of company is surf shack corp is a retail merchandiser.

Merchandising is any practice that contributes to the sale of products to retail consumers. At the retail level, merchandising refers to the presentation of products that are sold in creative ways that induce customers to purchase more items or products.

Retail store clerks are responsible for ensuring that appropriate quantities of merchandise are available in stores and sold at appropriate prices. Clever planning, careful purchases, and smart advertising campaigns can increase your profits.

Merchandisers keep merchandise on retail shelves and present it appropriately to customers. They also track inventory levels, report problems and shortages to management, and clean up unwanted items for blatant violations of store decor.

Learn more about retail merchandiser brainly.com/question/7145120

#SPJ4

6 0
2 years ago
In the united states, say gasoline costs consumers about $2.50 per gallon. in italy, say it costs consumers about $6 per gallon.
Nata [24]
What are the answer choices?
7 0
3 years ago
Given the pay rate, hours worked, tax deductions, and social security deduction, determine the gross earnings, group health insu
user100 [1]

Answer:

Gross Income - $2570 ($21.60*119)

Group Health Insurance - $360 ($2570*0.14)

Pension Deduction- $154 ($2570*0.06)

Total Deduction- $514 ($360 + $154)

Net Pay- $2056 ($2570 - $514)

Explanation:

As the question states given the pay rate and hours worked, No Data of pay rate and hours worked is provided. Gross Earnings are $21.60 which doesn’t seem accurate when compared with Group Health Insurance and Pension figures. However let’s assume the pay rate to be $21.60 and hours worked to be 119 hours then we will have the following results:  

Gross Income - $2570 ($21.60*119)

Group Health Insurance - $360 ($2570*0.14)

Pension Deduction- $154 ($2570*0.06)

Total Deduction- $514 ($360 + $154)

Net Pay- $2056 ($2570 - $514)

I hope this is the type of answer you must be looking for!

3 0
3 years ago
Read 2 more answers
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