Total manufacturing costs=direct material+direct labor+manufacturing overhead
Calculate direct labor
Let direct labor be x
120%=1.2
1.2x=180000
Divide both sides by 1.2
X=180,000÷1.2
X=150,000 direct labor
Total manufacturing costs=
120,000+150,000+180,000
=450,000...answer
Hope it helps!
Answer:
The correct option is D
Explanation:
LIBOR termed as London Interbank Offered Rate, which is the rate of interest at which the major banks globally lend to another bank in the international market for the loans which are short- term in nature.
LIBOR, serves or states as the accepted key interest rate globally , which states the cost of borrowing among the banks.
Therefore, LIBOR, is the term which is the interest rate charged by banks in London to lend money among themselves.
This stament is true in my opinion because in order to make a story you have to go by the steps so like you have to write a rough draft