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
MaRussiya [10]
3 years ago
9

Seaworthy Designs manufactures special metallic materials and decorative fittings for luxury yachts that require highly skilled

labor. Seaworthy uses standard costs to prepare its flexible budget. For the first quarter of the​ year, direct materials and direct labor standards for one of their popular products were as​ follows: Direct​ materials: 4 pounds per​ unit; $6 per pound Direct​ labor: 2 hours per​ unit; $19 per hour During the first​ quarter, Seaworthy produced​ 2,000 units of this product. Actual direct materials and direct labor costs were​ $66,000 and​ $326,000, respectively. For the purpose of preparing the flexible​ budget, what is the total standard direct labor cost at a production volume of​ 2,000 units?
Business
1 answer:
VARVARA [1.3K]3 years ago
3 0

Answer:

$76,000

Explanation:

If we are going to prepare a flexible budget we need to calculate how much Seaworthy should have spent in labor costs in order to produce 2,000 units:

labor cost = 2 hours per unit x $19 per hour x 2,000 units = $76,000

If we compare the flexible budget to Seaworthy's actual costs, we will find an unfavorable variance of $250,000 (=$326,000 - $76,000). Obviously something went wrong with Seaworthy's production.

You might be interested in
UPS is successful in the small package delivery market. One important reason for this success is the concept of: a. non-bureaucr
anzhelika [568]

Answer:

bureaucracy

Explanation:

According to my research on business strategies, I can say that based on the information provided within the question UPS is successful because of bureaucracy. This is a system of administration that has a clear hierarchy of authority, rigid labor, and inflexible rules and regulations, which allowed UPS to cement itself as one of the most successful delivery companies in the World.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

4 0
3 years ago
The following data are available for Cole Company. Increase in accounts payable $120,000 Increase in bonds payable 300,000 Sale
antoniya [11.8K]

Answer:

Net Cash=$390,000

Explanation:

Net Cash provided by financing activities = Increase in bond payable + Issuance of common stock - Payment of cash dividends

Net Cash= $300,000+$180,000-$90,000

Net Cash=$390,000

Net cash also refers to the amount of cash remaining after a transaction has been completed and all associated charges and deductions have been subtracted

6 0
3 years ago
Which of the following statements is(are) false regarding the direct method of allocating service department costs?
QveST [7]

Correct Question:  Which of the following statements is (are) false regarding the direct method of allocating service department costs?

(A) The selection of an allocation base in the direct method is easier than the selection of an allocation base in the step method.

(B) Once an allocation is made from a service department using the direct method, no further allocations are made back to that department.

A. Only A is false.

B. Only B is false.

C. Neither A nor B is false.

D. Both A and B are false.

Answer:

A, Only A is false

Explanation:

The selection of an allocation base in the direct method is easier than the selection of an allocation base is false in that allocation base in step method allocates support costs to the support departments and the operating departments that recognise the services provided betwenn thos suport departments.

Cheers.

8 0
3 years ago
Bullseye, Inc.'s 2008 income statement lists the following income and expenses: EBIT = $707,000, Interest expense = $58,000, and
ololo11 [35]

Answer:

$1.15 per share

Explanation:

The computation of the earning per share is shown below:

Earning per share = Net income ÷ common stock outstanding shares

where,

Net income is

= EBIT - interest expense - taxes

= $707,000 - $58,000 - $224,000

= $425,000

And, the common stock outstanding shares is 370,000

So, the earning per share

= $425,000 ÷ 370,000 shares

= $1.15 per share

8 0
3 years ago
Which of the following statements, if any, represent a principal's duty to an agent who works on a commission basis?
Lena [83]

Answer:

C

Explanation:

Here both statements I and II  represent a principal's duty to an agent who works on a commission basis.

that is The principal is required to maintain pertinent records and pay the agent according to the terms of their agreement  and also he is required to reimburse the agent for all authorized expenses incurred unless the agreement calls for the agent to pay expenses out of the commission.

Hence, option C is correct

4 0
3 years ago
Other questions:
  • Jamal has been tasked with putting together a new team for a new Starbucks project line. As Jamal thinks through the components
    14·1 answer
  • How will you save money by buying a franchise?
    13·1 answer
  • A manager in a small office is asking if it is possible to limit network access to a particular website during business hours. A
    14·1 answer
  • Comcast is advertising a new paperless statement program. With a few clicks of the mouse, you can now get your statements, pay i
    9·2 answers
  • The discounted payback period for a project will be _______ the payback period for the project given a positive, non-zero discou
    9·1 answer
  • McKeel Publishing had outstanding checks totaling $5,540 on its June bank reconciliation. In July, McKeel issued checks totaling
    12·1 answer
  • An intelligence system that helps managers assess their competition and vendors in order to become more efficient and effective
    9·1 answer
  • The Sky Blue Corporation has the following adjusted trial balance at December 31.
    5·1 answer
  • When cutting hair, be sure to
    6·2 answers
  • When a company exports a product from the us to another country, the company is most likely?
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!