1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Oksana_A [137]
3 years ago
6

Combs Co. is planning to sell 400 hair dryers and produce 380 hair dryers during March. Combs uses 500 grams of plastic and one-

half hour of direct labor to produce one hair dryer. Plastic costs $10 per 100 grams and employees of the company are paid $15 per hour. Manufacturing overhead is applied at a rate of 110% of direct labor costs. Combs Co. has 300 kilos of plastic in beginning inventory and wants to have 200 kilos in ending inventory. How much is the total amount of budgeted direct labor for March?
a. $2,800
b. $5,600
c. $2,660
d. $5,320
Business
1 answer:
Sholpan [36]3 years ago
7 0

Answer:

Budgeted labour cost =$8,550

Explanation:

Labour budgeted is prepared using the production budget data. This is simply because the budgeted labour hour is a function of the budgeted production units.

Budgeted labour hours = Production budget × standard hours per unit

                                    =  380 × 1.5 hours=570

Budgeted labour cost= Budgeted labour hours × Standard labour rate

                                       = 570  hours × $15 =$8550

Budgeted labour cost =$8,550

You might be interested in
Which property of an object describes how easily electricity travels trough it?
MaRussiya [10]
The conductivity of the object
7 0
3 years ago
Cindy invests $10000 in an account that pays an annual rate of 3.96%, compounding semi-annually. approximately how much does she
stiks02 [169]

Annual Compound Formula is:

A = P( 1 + r/n) ^nt

Where:

A is the future value of the investment

P is the principal investment

r is the annual interest rate

<span>n is the number of  interest compounded per year</span>

t is the number of years the money is invested


So for the given problem:

P = $10,000

r = 0.0396

n = 2 since it is semi-annual

t = 2 years

 

Solution:

A = P( 1 + r/n) ^nt

A = $10,000 ( 1 + 0.0396/2) ^ (2)(2)

A = $10000 (1.00815834432633616)

A = $10,815.83 is the amount after two years

6 0
2 years ago
Irrespective of whether a firm produces or shuts down in the short run, fixed cost is equal to its _____
Otrada [13]

Answer:

c. sunk cost.

Explanation:

Because in short run, fixed cost doesn't changes with output, that is whether we produce or not, we have to pay for it, so it is considered as Sunk cost. Also like Sunk cost, we don't make decisions with fixed costs.

4 0
3 years ago
. Describe an example of a company that manufactures a product.
daser333 [38]
There are a huge range of companies that produce a huge range of products, some examples of these are;
Apple= iPod, iPhone, iPad, iMac, Macbook.
Samsung= Phones, Televisions, Laptops
Ford= Cars, Vans etc.
Rolex= Watches
Ralph Lauren= Men, Women and Children's clothes and accessories, Home and pet accessories.
Hope this helps and is what you were looking for 

5 0
3 years ago
Behavioral economistsLOADING... attribute some consumer behavior to the endowment effect. Which of the following is an example o
mestny [16]

Answer:  Option C

Explanation: As per the subject matter of behavioral economics, endowment effect refers top the phenomenon under which it is assumed that a rational individual will retain a commodity he or she already owns rather than acquiring the same commodity if he do not own it.

Hence from the above we can conclude that correct option is C as it states that one will not sell a painting even though at a price that the holder would pay to purchase it himself.  

   

6 0
3 years ago
Other questions:
  • A building acquired at the beginning of the year at a cost of $1,375,000 has an estimated residual value of $250,000 and an esti
    15·1 answer
  • An ad for asian sensations newest product line of snack foods encourages its readers to "thai something new." the creatives who
    6·1 answer
  • Assume the following data concerning a purchase of merchandise by Icon Co. on April 2:
    11·1 answer
  • Describe some of the mistakes americans often make when it comes to money
    12·2 answers
  • Unearned Seminar Fees has a balance of $6,500, representing prepayment by customers for five seminars to be conducted in June, J
    11·1 answer
  • Cass Corporation reported pretax book income of $10,600,000. During the current year, the reserve for bad debts increased by $17
    14·1 answer
  • When firms purchase new capital we call this _____
    5·2 answers
  • A stronger euro is less favorable for:
    9·1 answer
  • PLEASE HELP AS FAST AS POSSIBLE MAKE SURE ANSWERS ARE CORRECT/RIGHT.
    12·1 answer
  • Which of the following would be added to the balance per books on a bank reconciliation?
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!