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maria [59]
3 years ago
6

Piper​ Corporation, which manufactures dog​ toys, is developing direct labor standards. The basic direct labor rate is $ 12.68$1

2.68 per hour. Payroll taxes are 1313​% of the basic direct labor​ rate, while fringe benefits such as vacation and health care​ insurance, are $ 7.33$7.33 per hour. What is the standard rate per direct labor​ hour?
A. $ 20.01 B. $ 12.68 C. $ 14.33D. $ 21.66
Business
1 answer:
NeTakaya3 years ago
4 0

Answer:

option (D) $21.66

Explanation:

Data provided in the question:

Basic direct labor rate per hour = $12.68

Payroll taxes = 13​% of basic direct labor​ rate

Fringe benefits per hour = $7.33

Now,

The standard rate per direct labor​ hour

= Basic direct labor rate per hour + Payroll taxes + Fringe benefits per hour

= $12.68 + ( 13% of $12.68 ) + $7.33

= $12.68 + $1.6484 + $7.33

= $21.6584 or $21.66

Hence,

The correct answer is option (D) $21.66

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andrey2020 [161]

Answer:

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5. Dr Cash     8000

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6.Dr Utility expense   395

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7. Dr Supplies   1255

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Explanation:

4 0
3 years ago
Rosewood Company made a loan of $16,000 to one of the company's employees on April 1, Year 1. The one-year note carried a 6% rat
erastovalidia [21]

Answer:

The correct answer is $720 in Year 1 and $240 in Year 2 Next.

Explanation:

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

Loan Amount =$16,000

Rate of interest = 6%

Time period for first year (Apr - Dec) = 9 months

Time period for second year ( Jan - Mar) = 3 months

So, we can calculate the amount of interest by using following formula:

For first year:

Amount of interest (1st year) = $16,000 × 6% × 9 ÷ 12 = $720

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8 0
3 years ago
There are a number goods that over time, for a variety of reasons, transition from being a normal good to an inferior good or fr
boyakko [2]

Answer:

d. the camry becomes an inferior good because the good is now perceived as lower in quality than a lexus

Explanation:

There are a number goods that over time, for a variety of reasons, transition from being a normal good to an inferior good or from being an inferior good to a normal good. One such example of a good is the Toyota Camry. In the 1980s, more income for a household usually resulted in more Camrys being purchased. However, today more Toyota Camrys are purchased by households that have experienced a reduction in income.

How could this happen?

<u>This could only have happened because of a change in perception in households over time. </u>

It is stated in the Scenario that ''today more Toyota Camrys are purchased by households that have experienced a reduction in income.''

<u>That means Toyota Camry has become an inferior good that is purchased more when income falls.</u>

<u>Hence, the only reason the scenario would have occurred is that the camry becomes an inferior good because the good is now perceived as lower in quality</u> than a lexus

7 0
3 years ago
The following account balances appear in the 2021 adjusted trial balance of Blue Devils Corporation:
muminat

Answer and Explanation:

The preparation of the classified balance sheet is presented below:

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cash $3,800                          Accounts payable                $24,800

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