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MrRissso [65]
4 years ago
9

Pro Clean Company, a manufacturer of hand sanitizers, intends to produce 40,000 units in the third quarter and 35,000 units in t

he fourth quarter. Each unit requires 0.50 direct labor-hours (DLHs) and the cost of direct labor per hour is $18. What would be the total direct labor cost for the fourth quarter?
Business
1 answer:
docker41 [41]4 years ago
4 0

Answer:

$315,000

Explanation:

Data provided as per the question is below:-

Fourth quarter = 35,000 units

Direct labor-hours = 0.5

Cost of direct labor per hour = $18

The computation of total direct labor cost for the fourth quarter is shown below:-

Total direct Labor cost in fourth quarter = Fourth quarter × Direct labor-hours ×  Cost of direct labor per hour

= 35,000 × 0.5 × $18

= $315,000

Therefore, for computing the total direct Labor cost in fourth quarter we simply applied the above formula.

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The 2016 financial statements of The New York Times Company reveal average shareholders’ equity attributable to controlling inte
Umnica [9.8K]

Answer:

E. There is not enough information to calculate the ratio.

Explanation:

It's necessary the information about the other partner or what it's the total amount of shareholders’ equity to calculate the net income attributable to New York Times.

The only information available it's shareholders’ equity attributable to controlling interest which means there is other part which have the rest.

5 0
3 years ago
Lavender Furniture established itself in 1965 as a small firm. It was situated on a small stretch of land located miles away fro
marshall27 [118]

Answer:

B) Resources

Explanation:

Since Lavender Furniture sold high quality products and had an efficient management, it was able to acquire and manage several assets including a larger plot of land for its facilities, better machinery, more employees and a highly recognized brand name. All of these are valuable resources, most of them are tangible (land, machinery and labor), but they were also able to develop an intangible resource such as a highly recognized brand name which can really be valuable.

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3 years ago
CCC Corp has a beta of 1.5 and is currently in equilibrium. The required rate of return on the stock is 12.00% versus a required
Oxana [17]

Answer:

CCC's new required return be 16.5%

Explanation:

For computing the new required return, first, we have to compute the risk-free rate of return which is shown below:

Expected return = Risk- free rate of return + Beta × (Market risk -  Risk- free rate of return)

12% = Risk- free rate of return  + 1.5 × (10%  -  Risk- free rate of return))

12% = Risk- free rate of  return  + 15% - 1.5% Risk- free rate of return

So, the Risk- free rate of  return is 6%

Now the average stock is increased by 30%

So, the new market risk is 13% and other things will remain constant

So, the new required return equal to

= 6% + 1.5 × (13% - 6%)

= 6% + 1.5 × 7

= 16.5%

8 0
3 years ago
True or False. Expense for a quality-assurance warranty is recorded along with the related liability in the reporting period in
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True

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It must credit a warrant liability account, and as the warrant claims are made, the company must debit a warranty expense account.

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Calculate the 4-day moving average for the following data (Remember that
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Answer:

116 . 100. 560 . 58

257 . 1100. 342 . 186

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