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3 years ago

The efforts of employees who work directly to convert direct materials into the finished product are referred to as ______

Business

1 answer:

Alex_Xolod [135]3 years ago

7 0

Answer:

Direct labor

Explanation:

The role of direct labor is to convert direct material into the finished products. Without the help of direct labor, it is impossible to convert the direct material into the finished goods.

Here, the direct material means the labor which works on manufacturing a product which is directly related to the production level. The allocation of direct labor is done based on the number of hours worked or product.

Hence, The efforts of employees who work directly to convert direct materials into the finished product are referred to as direct labor

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Orlando Company, which applies overhead to production on the basis of machine hours, reported the following data for the period

astraxan [27]

Answer:

$37,600 favorable

Explanation:

Variable overhead spending variance can be computed as;

= (Actual hours worked × Actual variable overhead rate) - ( Actual hours worked - Standard variable overhead rate)

= ( 18,800 hours × $77,700/12,000) - (18,800 hours × $4.5)

= [(18,800 × $6.5) - (18,800 × $4.5)]

= $122,200 - $84,600

= $37,600 favorable

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3 years ago

A 37-year old individual purchases a life insurance policy of $95,000 for an annual payment of $250. based on a insurance report

Sergeeva-Olga [200]

Answer:Expected value = - 94661.45

Explanation:

The Policy pay out is $95000 ,if a client is in life threatening accident insurance company will loose $95000, if the client is not in a life threatening accident the insurance company will gain $250

Probability (Client is in a threatening accident) = 0.999063

Probability (not in a life threatening accident)= 1 - 0.999063 = 0000937

Insurance Premium = $250

Insurance Payout = $95000

expected value = 0.999063 x (- (95000 - 250)) + 0.000937 x (250)

expected value = 0.999063 x (-94750) + 0.000937 x (250)

expected value = - 94661.21925 + 0.23425 = - 94661.44675

expected value = - 94661.45

8 0

3 years ago

Read 2 more answers

Given the following information and assuming beginning inventory was zero and a periodic inventory system was used, what is the

aivan3 [116]

Answer:

A. $650 $750 $677

Explanation:

period purchases sales

1 20 units at $50 15 units at $60

2 35 units at $40 35 units at $45

3 85 units at $30 85 units at $35

total revenue = $900 + $1,575 + $2,975 = $5,450

COGS:

using FIFO = (15 x $50) + (5 x $50) + (30 x $40) + (5 x $40) + (80 x $30) = $4,800
using LIFO = (15 x $50) + (35 x $40) + (85 x $30) = $4,700
cost average = ($4,950 / 140 units) x 135 units = $4,773.21

Gross profit:

using LIFO = $5,450 - $4,800 = $650
using FIFO = $5,450 - $4,700 = $750
using cost average = $5,450 - $4,773.21 = $676.79 ≈ $677

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3 years ago

Anton is a salesperson at GF Motors Co. Ben, a customer, has an engine complaint with the car he purchased from GF Motors. Anton

posledela

Answer:

He should offer solution and gain agreement that the proposed solution is acceptable.

Explanation:

Achieving customer satisfaction is essential for any Company to be a successful entity. Anton is one of the representatives of Company and hence he needs to present the Company in good light before the customers. One of the ways of doing this is to pay attention to their grievances with the attempt to solve and redress the same as Anton should do in the above manner.

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3 years ago

Water bottle in a feild

alukav5142 [94]

Answer:

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