The answer for this question would then be c. Hope it helps!
If labor costs are 60 percent of production costs, then a 15 percent increase in wage rates would increase production costs by <u>9 percent.</u>
<h3>
What are labor costs?</h3>
- The total of all employee wages, employee benefits, and payroll taxes paid by an employer constitutes the labor costs. Direct and indirect (overhead) labor costs are separated.
- While indirect costs are related to labor costs, such as personnel who maintain industrial equipment, direct costs include wages for the employees who make a product, including those on an assembly line.
- While indirect costs are related to support labor, such as personnel who maintain industrial equipment, direct costs include wages for the employees who make a product, including those on an assembly line.
- The price of goods or services may fluctuate away from their genuine cost if labor costs are poorly allocated or evaluated, which could hurt earnings.
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Answer:
Budgeted fixed overhead= $787,000
Explanation:
Budget variance = Actual overhead-budgeted overhead
-41000 = 828000-X
X = 787000
So answer is $787000
List QuickBooks task stores information about customers, vendors, employees, services, and more.
vendors:
- A vendor, sometimes referred to as a supplier, is a person or business that sells goods or services to another party in the chain of economic production.
- A vendor is an individual or company that buys products and services from distributors and resells them to customers or other companies. Manufacturers, wholesalers, retailers, service and maintenance companies, independent vendors, and trade show representatives make up the five different categories of vendors.
- A vendor is a person, group of people, or other legal entity who produces things or sells services to customers or other business owners (often under a business name). The vendor is not need to be a manufacturer and need not produce their own items.
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