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dmitriy555 [2]
3 years ago
13

Johnston Company has budgeted production of 11,600 units and sales of 14,400 units in February. Each unit requires 15 minutes of

labor. The standard labor rate is $15.00 per hour. How much are total budgeted direct labor costs for February?
Business
1 answer:
kap26 [50]3 years ago
5 0

Answer:

$43,500

Explanation:

Direct labor costs refer to the salaries that are paid to the employees that perform a job that is related to the production of a good. In this case, it would be the wages of the employees that work in the production of the units budgeted.

To calculate the total cost, first you have to calculate the amount of hours require to produce 11,600 units:

      1 unit        →  15 minutes

11,600 units    →          x

x=(11,600*15)/1= 174,000 minutes

1 hour →   60 minutes

    x    ←    174,000 minutes

x=(1*174,000)/60= 2,900 hours

Now, you can calculate  the total budgeted direct labor costs by multiplying the labor rate per hour for the number of hours needed to manufacture the units budgeted:

$15*2,900= $43,500

According to this, the answer is that the total budgeted direct labor costs for February is $43,500.

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UNO [17]

Answer:

$28,240

Explanation:

Total sales = $334,000

Variable cost:

Sales commissions = $334,000 × 6%

                                = $20,040

Total fixed costs = Sales manager's salary + Advertising expenses

                            = $5,300 + $2,900

                            = $8,200

Total selling expenses = Total variable cost + Total fixed cost

                                      = $20,040 + $8,200

                                      = $28,240

Therefore, the total selling expenses to be reported on the selling expense budget for the month of February is $28,240.

5 0
3 years ago
Is ordering a pizza for someone else illegal?
Over [174]
No, its not illegal to order a pizza for someone else
4 0
3 years ago
Due to the credit crunch that developed during the Great Recession, many small businesses found that __________ were more willin
mixer [17]

Answer:

The correct answer is letter "D": smaller, community banks.

Explanation:

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If you had a bank account, which two methods of completing transactions do you think you would use most frequent?
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3 0
3 years ago
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PQR Corporation has a Beta of 1.5. The risk-free rate is 6%, and the market risk premium is 9%. What is the required rate of ret
shusha [124]

Answer:

1. Using CAPM, the required return is;

Required return = risk free rate + beta * market risk premium

= 6% + 1.5 * 9%

= 19.5%

2. First find the portfolio beta which is a weighted average of the individual betas;

= (60% * 2.4) + (40% * 0.9)

= 1.8

Now use CAPM

= risk free rate + beta * (Market return - risk free rate)

= 4% + 1.8 * (13% - 4%)

= 20.2%

3.Geometric average can be calculated by;

=( ((1 + r1) * (1 + r2) * (1 + r3)) ^1/n) - 1

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= ‭(1.09604‬^1/3) - 1

= 3.1%

6 0
3 years ago
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