I would say that wedgemans is trying to meet employees needs for development of their knowledge and for in this case the privilege of going to learn about the types of cheeses and perhaps their making in another country which is an additional benefit and which will most likely encourage the employees to work more effectively and with more interest in their work.
Answer:
34.6%
Explanation:
The formula to compute the company's profit margin is shown below:
Profit margin = (Net income) ÷ (sales revenue) × 100
= ($92,400) ÷ ($267,000) × 100
= 34.60%
It shows a relationship between the net sales or sales revenue and the net income which is earned by the company. All other items which are mentioned in the question are irrelevant. So, these are not considered in the computation part. Hence, ignored it
The history of credit and debt in America impact me in a way that though a lot of people disliked like the idea of debt, it is one of the way of life.
<h3>Is credit history important in our lives?</h3>
Good credit is known to be one that plays a key role in a person's financial life.
Note that it is one that is seen to be not only essential and it is one that is used to be qualifying for a loan or when one is trying to get a credit card,
Credit scores do influence our financial life and as such, The history of credit and debt in America impact me in a way that though a lot of people disliked like the idea of debt, it is one of the way of life.
Learn more about debt from
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Answer:
Direct labor= $12,960
Explanation:
Giving the following information:
Sheffield Corp.is planning to sell 400 buckets and produce 480 buckets during March. Each bucket requires 500 grams of plastic and one-half hour of direct labor. The employees of the company are paid $18 per hour.
Direct labor= (480 units* 1.5 hours)*18= $12,960
Answer:
The answers are:
The total conversion costs were $59,400
The total costs of units completed were $117,000
Explanation:
The total conversion costs are direct labor and factory overhead:
- total conversion costs = $49,500 + $9,900 = $59,400
To calculate the total costs of units completed we must first calculate the equivalent units completed.
- 9,000 units were 100% completed
- 3,000 units were only 30% completed, which are equivalent to 900 units completed (3,000 x 30%).
Now we calculate the conversion costs per unit completed by dividing the total conversion costs over the equivalent units completed:
- $59,400 / 9,900 units = $6 conversion costs per unit completed
To calculate the materials costs per unit, we divide the total materials costs by the total units that entered production (since materials are added at the beginning of the production process):
- $84,000 / 12,000 units = $7 materials costs per unit completed
Now we have the total costs per unit completed $13 ($6 + $7) and to calculate the total cost of units completed we multiply 9,000 units x $13 = $117,000.