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Savatey [412]
3 years ago
13

A company is setting its direct materials and direct labor standards for its leading product. Direct material costs from the sup

plier are​ $7 per square​ foot, net of purchase discount.​ Freight-in amounts to​ $0.10 per square foot. Basic wages of the assembly line personnel are​ $19 per hour. Payroll taxes are approximately​ 25% of wages. How much is the direct labor cost standard per​ hour
Business
1 answer:
Anarel [89]3 years ago
3 0

The formula for calculating the direct labor standard is:

Direct labor standard = Basic wages + Payroll tax

or

Direct labor standard = Basic wages + 25% of Basic wages

 

Substituting the given values into the equation:

Direct labor standard = $19 + 0.25 * $19

<span>Direct labor standard = $23.75</span>

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polska, incorporated, is obligated to pay its creditors $9,300 during the year. what is the value of the shareholders’ equity if
gizmo_the_mogwai [7]

Total assets=Total liabilities+ Total equity

=> Total equity= total asset - total liabilities

a. Share holders equity=(11100-9300)= $1800

b. Share holders equity=(8700-9300)= -600 ~ 0

Rounded -600 to nearest whole number, that is 0

<h3>What are shareholders?</h3>

A shareholder may be a individual or institution that has contributed cash in a enterprise in trade for a “share” of the possession. That proprietorship is spoken to by common or preferred offers issued by the company and held (i.e., claimed) by the shareholder. The shareholders are the proprietors of the company and give money related backing in return for potential profits over the lifetime of the company.

To learn more about shareholder, visit;

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6 0
1 year ago
On January 1, a company agrees to pay $20,000 in three years. If the annual interest rate is 10%, determine how much cash the co
Step2247 [10]

Answer:

Amount borrow P = $15,026.296

Explanation:

Given:

Amount pay A = $20,000

Number of year n = 3

Rate r = 10% = 0.10

Find:

Amount borrow P

Computation:

A = P[1+r]ⁿ

20,000 = P[1+r]³

20,000 = P[1+0.10]³

20,000 = P[1.10]³

20,000 = P[1.331]

Amount borrow P = $15,026.296

5 0
3 years ago
A quality inspector for Alpha-Beta Co. is concerned about the quality of the batch of several thousand blank DVD disks which his
Mazyrski [523]

Answer:

b. 16% defectives

Explanation:

Let the number of units shipped be N

Let the defect rate be y%

Cost of replacing defectives once shipped = (y/100)×N× 2.5  ........equation (1)

Cost of 100% inspection = N × 0.4 .........equation (2)

At the indifference point, both costs, that is the replacement cost and inspection cost are equal. Therefore, we make both equations (1) and (2) equal.

N × 0.4 = (y/100)×N× 2.5

100 × 0.4 = y ×2.5

y = 40/2.5 = 16

She is indifferent at 16% defectives

3 0
3 years ago
Catarina, the founder of Platter Place, believes in employee empowerment, so as soon as she began hiring managers, she made subo
garik1379 [7]

<u>Answer:</u> Option A

<u>Explanation:</u>

As the founder of the Platter place believes in employee empowerment it is important for the founder to identify the reason for less efficiency and results. The best option that the HR manager and she could take are use the feedback given by the subordinates to find ways for employee development.

The identity of the feedback of the manager should not be opened up to the manager as it would create decrease in performance ratings of the subordinates  and also conflicts arise between the employees.

8 0
4 years ago
Determine the monthly payment for a 36 month lease on a $26,000 car with a residual of 71% and an interest rate of 7. 5%. A. $10
lubasha [3.4K]

The lease fee is equal to the monthly rent, which is formally dictated underneath an agreement between two parties, granting one party the lawful liberty to utilize the other person's real estate belongings and other fixed assets, for a limited period.

The approximate monthly lease payment is $348. 38.

<h3>How to calculate the monthly payment?</h3>

Given,

  • Residual percentage = 71 %
  • Interest rate = 7.5 %
  • Lease amount for the car = $26,000
  • Number of months = 36

First calculate the residual value as:

Residual value = 71 % of the lease amount ($26,000)

\begin{aligned}&= 0.71 \times  26,000\\\\&= \$ 18,460\end{aligned}

Calculate the money factor as:

\begin{aligned}\rm Money\; factor &= \dfrac{7.5 }{2400}\\\\&= 0.003125\end{aligned}

  • <u>Step 1</u>: Calculate the monthly depreciation as:

\begin{aligned}\rm Monthly depreciation &= \dfrac{\text{Lease amount - residual amount }}{\text{Number of months}}\\\\&=\dfrac{ 26000 - 18460}{36}\\\\&= \$209.44\end{aligned}

  • <u>Step 2</u>: Calculate the monthly financial charge as:

\begin{aligned} \text{Monthly Financial Charge} &= (\text{Lease amount + Residual value}) \times  \text{Money factor}\\\\&= (26000 + 18460) \times 0.003125\\\\&= \$138.94 \end{aligned}

  • <u>Step 3</u>: Calculate the lease amount  as:

\begin{aligned}\text{Monthly Lease Amount} &= \text{Monthly Depreciation + Financial Charge}\\\\&= 209.44 + 138.94\\\\&= \$348.38\end{aligned}

Therefore, <u>option d.</u> $348. 38 is correct.

Learn more about the lease amount here:

brainly.com/question/25795577

3 0
2 years ago
Read 2 more answers
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