Answer:
Labour cost budget $ 41,899.20
Explanation:
<em>The labour budget is prepared using the production budget. It arrived at by multiplying the production units by the standard labour and then value the hours in cost</em>
Labour hours
May = 0.41 × 5,600 = 2,296 hours
June = 0.41 × 6,000 = <u>2,520 hours</u>
Combined hours 4,816
Labour rate <u> × $8.7</u>0
Labour cost $<u>41,899.2</u>0
<span>Lacoste is widely known for its cotton knit shirts. it is perceived to be of superior quality, garners a certain status among its users, and therefore command a premium price. Lacoste therefore has brand protection from competition and price competition.</span>
Answer:
$4,410
Explanation:
Discount refers the amount that is deducted from the usal price of a good sold or service rendered.
From the question, the credit terms 2/10, n/30 implies 2% discount if the amount owed is paid within 10 days while no discount will be enjoyed if the amount owed is paid after 10 days but must be beyond 30 days.
Therefore, the amount owed by Lulu's if the store pays within the discount period, i.e. within 10 days, can be calculated as follows:
Discount = (Purchases - Merchandise returned) * 2% = ($5,500 - $1,000) * 2% = $90
Amount owed = Purchases - Merchandise returned - Discount = $5,500 - $1,000 - 90 = $4,410.
Therefore, the amount owed by Lulu's if the store pays within the discount period is $4,410.
As a percentage of GDP, the national debt consistently (A) rose from 1975 to 1995.
<h3>
What is the national debt?</h3>
- The public debt consists of both public and intragovernmental debt.
- The public holds the majority of the debt (more than $23.5 trillion).
- Treasury bills, notes, and bonds owned by US investors, the Federal Reserve, and foreign governments are included.
- From 1975 to 1995, the national debt continually increased as a percentage of GDP.
- A debt-ridden country will have less money to invest in its own future.
- Americans will have fewer economic opportunities as their debt levels rise.
- Rising debt discourages company investment and stifles economic progress.
- It also raises the anticipation of increased inflation rates and erodes faith in the US dollar.
Therefore, as a percentage of GDP, the national debt consistently (A) rose from 1975 to 1995.
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D. foreign real national income falls and wages rates rise.