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Maurinko [17]
3 years ago
5

Preparing a Direct Labor Budget Patrick Inc. makes industrial solvents. Planned production in units for the first 3 months of th

e coming year is: January 43,800 February 41,000 March 50,250 Each drum of industrial solvent takes 0.3 direct labor hours. The average wage is $18 per hour.Required:Hide Prepare a direct labor budget for the months of January, February, and March, as well as the total for the first quarter. Do not include a multiplication symbol as part of your answer.Patrick Inc.Direct Labor BudgetFor the Coming First QuarterDirect labor budget:JanuaryFebruaryMarchTotalUnits to be producedDirect labor hrs per unitTotal direct labor hrs
Business
1 answer:
san4es73 [151]3 years ago
4 0

Explanation:

The preparation of the direct labor budget is presented below:

                                                 Patrick Inc.

                                            Direct labor budget

Direct labor budget: January     February        March           Total Unit

Unit to be produced 43,800      41,000           50,250          135,050

Direct labor hours per

unit                               0.3           0.3                 0.3                 0.3

Total direct labor

hours                             $18          $18                $18                $18

Direct labor cost       $236,520  $221,400     $271,350     $729,270

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The total amount of carbon fixed into organic matter through photosynthesis (or chemosynthesis) in a given unit of time is known as Gross primary production.

<h3>What is Gross primary productivity?</h3>

Gross productivity generally is the rate of energy capture.

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4 0
2 years ago
SCENARIO 1.1: An economist wants to understand the relationship between minimum wages and the levelof teenage unemployment. The
Harman [31]

Answer : Minimum Wage

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3 0
3 years ago
Where can a client identify the instant deposit options for their QuickBooks Payments account?
kolezko [41]

Answer:

in the settings

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6 0
3 years ago
When sold at a 40% discount, a sweater nets the merchant a 20% profit on the wholesale cost at which he initially purchased the
Airida [17]

Answer:

100%

Explanation:

Let the normal retail price of the sweater be 'SP' and the cost price be 'CP'

Therefore,

The selling price = SP - 40% of SP = SP - 0.4SP = 0.6SP

Now,

the profit = 20% of CP = 0.2CP

also,

Profit = Selling Price - Actual price

or

0.2CP = 0.6SP - CP

or

1.2CP = 0.6SP

Or

CP = 0.5SP

or

SP = 2CP

thus,

Increase percentage in sweater marked up from wholesale at its normal retail price

= \frac{SP-CP}{CP}\times 100

or

=  \frac{2CP-CP}{CP}\times 100

= 100%

3 0
3 years ago
Mark and Rasheed are at the bookstore buying new calculators for the semester. Mark is willing to pay $75 and Rasheed is willing
Romashka [77]

Answer:

Mark's individual consumer surplus is $10.

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Mark and Rasheed are at the bookstore buying new calculators for the semester.

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The consumer surplus is the difference between the maximum price that a consumer is willing to pay and the price he actually has to pay.

Mark's individual consumer surplus

= Price mark was willing to pay - Price he actually has to pay

= $75 - $65

= $10

4 0
3 years ago
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