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Varvara68 [4.7K]
2 years ago
13

Evening Star, Inc. produces binoculars of two quality levels: field and professional. The field model requires eight direct-labo

r hours, while the professional binoculars require ten hours. The firm uses direct-labor hours for flexible budgeting. Required: How many standard hours are allowed in May, when 850 field models and 950 professional binoculars are manufactured?
Business
1 answer:
DedPeter [7]2 years ago
3 0

Answer:

16,300 Direct Labor Hours

Explanation:

Evening Star Inc. produces two models.

The field model requires eight(8) direct-labor hours.

The professional binoculars require ten(10) direct-labor hours.

In May,

Number of field binocular manufactured=850

Number of professional binocular manufactured=950

Therefore:

  • Standard Hour for 850 field model = 850 X 8 =6800 Hours
  • Standard Hour for 950 professional model = 950 X 10 =9500 Hours

Total Standard Hours allowed in May = 6800+9500

=16300 Direct Labor Hours

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3 years ago
Between _________, it is estimated that Spanish America produced 150,000 tons of silver (including gold converted into silver we
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Answer:

1550 - 1750

Explanation:

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Which best explains the main purpose of short-term planning?
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A

Explanation:

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8 0
2 years ago
Read 2 more answers
Banc Corp. Trust is considering either a bankwide overhead rate or department overhead rates to allocate $396,000 of indirect co
Viktor [21]

Answer:

(A) $144,000.

Explanation:

For computing the indirect costs allocated to the Commercial Department first we have to compute the per unit cost which is shown below:

Per unit cost = (Allocated department overhead indirect cost) ÷ (total number of direct labor hours)

=  $396,000 ÷ 22,000

= $18

The total number of direct labor hours = Consumer + commercial

                                                                = 14,000 + 8,000

                                                                = 22,000

Now the indirect cost equal to

= Per unit cost × Commercial direct labor hours

= $18 × 8,000

= $144,000

4 0
3 years ago
The supplies account had a beginning balance of $1,693. Supplies purchased during the period totaled $4,413. At the end of the p
olga55 [171]

Answer:

Debit Supplies expense $5,661

Credit Supplies account $5,661

Explanation:

At the time of purchasing supplies, the entries includes a debit to supplies accounts, and a credit to cash or accounts payable which is dependent on whether the cash purchased was done via cash or an account

For supplies used, debit supplies expense and credit supplies account. The movement in supplies account over a period is due to purchases and its expressed as;

Opening balance + Purchases - Supplies used = closing balance

$1,693 + $4,413 - Supplies used = $445

$6,106 - Supplies used = $445

Supplies used = $6,106 + $445

Supplies used = $5,661

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2 years ago
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