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
Maru [420]
3 years ago
8

Piechocki Corporation manufactures and sells a single product. The company uses units as the measure of activity in its budgets

and performance reports. During May, the company budgeted for 6,100 units, but its actual level of activity was 6,050 units. The company has provided the following data concerning the formulas used in its budgeting and its actual results for May: Data used in budgeting: Fixed element per month Variable element per unit Revenue - $ 33.60 Direct labor $ 0 $ 5.60 Direct materials 0 13.20 Manufacturing overhead 31,000 1.10 Selling and administrative expenses 24,900 0.30 Total expenses $ 55,900 $ 20.20 Actual results for May: Revenue $ 204,100 Direct labor $ 33,360 Direct materials $ 81,200 Manufacturing overhead $ 40,500 Selling and administrative expenses $ 30,410 The direct labor in the planning budget for May would be closest to:
Business
1 answer:
stich3 [128]3 years ago
3 0

Answer:

The correct answer is $33,880.

Explanation:

According to the scenario, the given data are as follows:

Direct labor = $5.60 per unit

Actual level of Activity = 6,050

So, we can calculate the direct labor in planning budget by using following formula:

Direct labor in planning budget = Actual level of Activity × Direct labor

By putting the value, we get

Direct labor in planning budget = 6,050 × $5.60

= $33,880

Hence, The direct labor in the planning budget for May would be closest to $33,880.

You might be interested in
A company issues $50 million of bonds at par on January 1, 2018. The bonds pay 10% interest semi-annually on 12/31 and 6/30 and
marysya [2.9K]

Answer: Please see explanation for answer

Explanation:

Journal entry to record sale of bonds

Account titles                           Debit                       Credit

Cash                                     $50,000,000

Bonds Payable                                                      $50,000,000

4 0
3 years ago
What will happen to the demand curve if government regulations require that all households have at least 2 carbon monoxide alarm
balandron [24]

It's B

hopefully that helped someone

5 0
3 years ago
Creating a favorable impression and building trust with prospective customers is a critical part of the __________ step of perso
AnnyKZ [126]

Answer:

Approach

Explanation:

Personal selling in the domain of finance involves the process in which customer are able to convinced about a products to buy them, it is usually utilized by sales person and it involves many steps . It should be noted that Creating a favorable impression and building trust with prospective customers is a critical part of the approach step of personal selling.

3 0
3 years ago
Cragmont has beginning equity of $277,000, net income of $63,000, withdrawals of $25,000 and no additional investments by owners
MatroZZZ [7]
The ending equity is $315,000 This is just a matter of adding income and subtracting withdraws. So let's do it. "Cragmont has beginning equity of $277,000," x = $277000 "net income of $63,000" x = $277000 + $63000 = $340000 "withdrawals of $25,000" x = $340000 - $25000 = $315000
3 0
3 years ago
Chuck is concerned with what he considers to be an unfair situation at work. Although he put in 10 hours of overtime last week,
Levart [38]

Answer:

b. Decrease his inputs

Explanation:

The Equity Theory explains the influence that the perception of fair treatment has on the motivation of individuals. Or, from another point of view, in its demotivation.

People tend to compare ourselves to others. With other people's situations, inside and outside work. Thus, we form a perception about what is fair or unfair.

If the result of the comparison is understood as fair, people are more likely to feel motivated. On the contrary, when they perceive that they are treated unfairly, tension and demotivation appear.

In short, when compared to others, people want to be treated fairly for their contributions to the organization. And beliefs regarding what is fair and unfair can affect their motivation, attitudes and, therefore, their behaviors at work.

6 0
3 years ago
Other questions:
  • American tourister, inc.--a producer of luggage--is planning to introduce a new product line. the marketing manager is having he
    15·1 answer
  • Imagine you are a Starbucks executive traveling to China from the company’s U.S. headquarters. You are going to Beijing to negot
    10·1 answer
  • Bertucci Corporation makes three products that use the current constraint which is a particular type of machine. Data concerning
    11·1 answer
  • Hula Products has reintroduced the hula hoop to the world and faces a growing demand for its product in two distinct markets: th
    14·1 answer
  • Medoc Company provides the following information about its single product Targeted operating income 54 comma 790 Selling price p
    8·1 answer
  • Neighbors Bicycles needed more bicycle seats. It decided to order gel seats in addition to the traditional seats it had always o
    7·1 answer
  • a. A consulting firm that is for sale has an annual operating cash flow of $2,000,000 assuming no future growth in cash flow, wh
    14·1 answer
  • A portion of FICA that is paid to provide eligible retired workers and
    7·1 answer
  • the benefit of ________ is that complex tasks can be parceled out to specialists, improving productivity, which results in great
    11·1 answer
  • Which explanation most likely accounts for the increase in the number of male butterflies in the five years after the initial pa
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!