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Ivahew [28]
4 years ago
14

The total direct labor hours required in preparing a direct labor budget are calculated using the: a. sales budget. b. sales for

ecast. c. direct materials budget. d. production budget.
Business
1 answer:
RSB [31]4 years ago
5 0

Answer:is correct

Option d

Production budget

Explanation:

<em>The total direct labour hours budget are prepared using the production budget . It shows the expected amount o time in hours that are required to achieved the production budget</em>

The direct labour hours budget =

production budget(units)× standard direct labour hours per unit

The standard direct labour hours is the expected amount amount of time a unit of the product is expected to be produced

The production budget in turn is prepared using sales budget  and finished goods inventory budget .

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A reduction from the list price that a seller gives a buyer as a reward for some activity of the buyer that is favorable to the
SCORPION-xisa [38]

Answer:

b. a discount.

Explanation:

A reduction from the list price that a seller gives a buyer as a reward for some activity of the buyer that is favorable to the seller is called __a discount._______.

4 0
4 years ago
In the circular flow of expenditure and​ income, why must the total value of production in an economy equal the total value of​
Vinvika [58]
<h3><u>Option D</u></h3>

Every penny spent on a good or service must end up as​ someone's income so the total value of production in an economy equal the total value of​ income

<h3><u>Explanation:</u></h3>

The circular flow model describes how cash flows through society.  Cash moves from yielders to workers as payments and runs back to yielders as cash for products.  Since all the value created must refer to someone in the class of a request on the value, the national product is equivalent to national income.

Each action in an economy comprises a buyer and a seller. Households spend cash for acquiring goods and services exhibited. Firms make a production settlement. Households are employing units which incorporate output created in the business firms

7 0
3 years ago
A monopoly produces X at a marginal cost of $10 per unit and charges a price of $20 per unit. Determine the elasticity of demand
irina [24]

Answer:

-2

Explanation:

To solve this question we can use Lerner's equation or Lerner's index which gives the relationship between elasticity of demand and profit maximizing cost and marginal cost:

Lerner's\, Index=\frac{P-Mg\,Cost}{P}=\frac{1}{|\eta_d|}

Replacing \frac{20-10}{20}=\frac{10}{20}=\frac{1}{2}

Then we get that the elasticity of demand is \eta_d=-2

6 0
4 years ago
A new law has been enacted increasing the penalty for drunk driving in order to reduce the number of alcohol related traffic fat
ycow [4]
<span>The experimental stimulus in this project would be the new law. In psychology, a stimulus is anything or scenarios that obtain a sensory or behavioral response. The new law that implemented was effective for the traffic violators in the city and could save the lives of innocent people.</span>
5 0
3 years ago
MC Qu. 99 The Work in Process Inventory account... The Work in Process Inventory account of a manufacturing company that uses an
Vikki [24]

Answer:

202%

Explanation:

Calculation to determine what the company's overhead application rate is

First step is to calculate the Total manufacturing overhead using this formula

Total manufacturing overhead = Overhead rate - Direct material cost - Direct labor cost

Let plug in the formula

Total manufacturing overhead =5220 - 2,200 - 1000

Total manufacturing overhead =2020

Now let determine the overhead application rate using this formula

Overhead application rate=Total manufacturing overhead/Direct labor cost

Let plug in the formula

Overhead application rate=2020/1000*100

Overhead application rate=202%

Therefore, the company's overhead application rate is:202%

4 0
3 years ago
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