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elena55 [62]
3 years ago
8

William Corporation has a contract with the labor union which guarantees its workers pay for at least 40,000 hours every quarter

. Based on its direct labor budget for the current year, the company estimated it will need 39,000 direct labor-hours during the fourth quarter to produce 13,000 units of finished goods. Each unit requires 3 direct labor-hours (DLHs) and the cost of direct labor per hour is $12 per hour. What is the total direct labor cost for the fourth quarter
Business
1 answer:
geniusboy [140]3 years ago
3 0

Answer:please refer to the explanation section

Explanation:

direct labor hours = 39000 hours

Finished Goods = 13000 units

direct labour hours per unit = 3 hours

Direct Labor cost per hour = $12

Direct Labor Cost = 13000 units x 3 hours x $12 = $ 468000.

William corporation will pay $480000 (40000 x $12) as per the contract agreement with labour union but Direct Labor cost to be capitalized on Cost of Finished Goods is $ 468000. The cost of $ 12000 should be treated as an expense

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Inbound Logistics

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3 years ago
Multiple Choice Question
melamori03 [73]

Answer:

The correct answer is - Core revenue recognition principle.

Explanation:

The stipulations of an exchange transaction or other conditions related to the recovery of accounts receivable over a long period may prevent a reasonable estimate of the collectibility of such accounts. Both the term sales method and the income and cost recovery method can be used for the recognition of income and expenses, during the entire period in which collectibility is not reasonably assured.

4 0
3 years ago
Last week Sarah Carver worked 4 overtime hours at time-and-a-half pay. Her
MrRa [10]

Answer:

34.80

Explanation:

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7 0
2 years ago
Read 2 more answers
A _________ works outside established organizational divisions and has greater flexibility to apply innovative approaches to new
ivanzaharov [21]

The answer is a venture team. This is a team that is cross functional because it has the ability of making new products that are being targeted or focused on new markets and that it also responsible of the aspects of the development of products.

5 0
3 years ago
A man has $245,000 invested in three properties. One earns 12%, one 10% and one 8%. His annual income from the properties is $23
astraxan [27]

Answer:

for 8% investment = $110000

for 12% investment = $55000

for 10% investment =  $80000

annual income for each property is

x amount for 8% investment = $8800

y amount for 12% investment = $6600

z amount for 10% investment = $8000

Explanation:

Given data

investment = $245000

rate 1 = 12%

rate 2 = 10%

rate 3 = 8%

annual income = $23400

rate = 8%  twice that invested at 12%

to find out

invested in each property and  the annual income from each property

solution

let us consider x amount for 8% investment

and consider y amount for 12% investment

and consider z amount for 10% investment

from question we say,  8% is twice that invested at 12%

x = 2y      ........1

and

x + y + z = 245000      .............2

put 1 in equation 2

2y + y + z = 245000  

z = 245000 - 3y            ...................3

and we can say that

0.08x + 0.12y + 0.10z = 23400              ...........................4

put equation 1 and 3 in 4

0.08(2y) + 0.12y + 0.10( 245000 - 3y ) = 23400

0.16y + 0.12y - 0.3y = -1100

0.02y = 1100

y = $55000

so x = 2(y) = 2(5500) = $110000

and z = 245000 - 3(55000) = $80000

so annual income for each property is

x amount for 8% investment = 0.08 × 110000 = $8800

y amount for 12% investment = 0.12 × 55000 = $6600

z amount for 10% investment = 0.10 × 80000 = $8000

4 0
3 years ago
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