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Len [333]
3 years ago
6

Piper Corporation’s standards call for 1,000 direct labor-hours to produce 250 units of product. During October the company work

ed 1,250 direct labor-hours and produced 300 units. The standard hours allowed for October would be______________.
a. 1,300 hours
b. 1,250 hours
c. 1,200 hours
d. 1,000 hours
Business
1 answer:
jekas [21]3 years ago
5 0

Answer: C. 1200 hour

Explanation:

It is indeed 1200 hours because the units produced increased by 20% and therefore, theoretically, so should the time.

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3 years ago
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A portfolio has 225 shares of Stock C that sells for $42 and 190 shares of Stock D that sells for $33. What is Stock C's weight?
Anuta_ua [19.1K]

Answer:

60.11%

Explanation:

Weight of stock C = Value of stock C / total value of portfolio

225 x $42 / (225 x $42) + (190 x $33) = $9450 /15720 = 60.11%

7 0
2 years ago
A ________ is a gathering of 6 to 10 people who are carefully selected based on certain demographic, psychographic, or other con
kipiarov [429]

Answer: it is a focus group

Explanation: because it is more than one person and more than two

5 0
2 years ago
Blue Angel Investors has a success ratio of 10 % with its venture funding. Blue Angel requires a rate of return of 19.1 % for it
Talja [164]

Answer:

19.10%

Explanation:

The computation of annual percentage rate is shown below:-

Your loan rate states if one out of ten succeeds, after five years, so the nine failure will cover, and if the Blue Angel makes 10 loans of $168,000 each and needs a return of 19.1% on its portfolio of lending, then given amount will have to be accrued after five years.

= Value × (1 + interest rate)^number of years

= $168,000 × (1 + 0.191)^5

= $168,000 × 2.396397222

= $402,594.73

Now the annual percentage rate is

= (Future value  ÷ value)^1 ÷ number of years - 1

= ($402,594.73 ÷ $168,000)^1÷5 - 1

= 19.09999981

or

= 19.10%

3 0
3 years ago
A-Z Construction Company was organized on May 1 of the current year. On May 2, A-Z Construction prepaid $18,480 to the city for
aalyn [17]

Explanation:

a. The journal entries are as follows

Taxes Expense A/c Dr $12,320

        To Prepaid Taxes A/c $12,320

(Being the tax expense is recorded)

The computation is shown below:

= $18,480 × 8 months ÷ 12 months

= $12,320

Taxes Expense A/c Dr $45,000

     To Property Taxes Payable A/c $45,000

(Being the taxes expense is recorded

b. The amount of tax expense for the current year is shown below:

= $12,320 + $45,000

= $57320

8 0
3 years ago
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