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Vedmedyk [2.9K]
3 years ago
6

B&T Company's production costs for May are: direct labor, $16,000; indirect labor, $6,800; direct materials, $15,300; proper

ty taxes on production facility, $830; factory heat, lights and power, $1,030; and insurance on plant and equipment, $230. B&T Company's factory overhead incurred for May is:
Business
1 answer:
schepotkina [342]3 years ago
6 0

Answer:

B&T Company's factory overhead incurred for May is $8,890

Explanation:

Manufacturing overhead is all indirect costs incurred during the production process, includes indirect labor cost.

In B&T Company,

Factory overhead incurred for May = Indirect labor cost + property taxes on production facility cost + factory heat, lights and power cost + insurance on plant and equipment cost = $6,800 + $830 + $1,030 + $230 = $8,890

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8 0
3 years ago
1) The Johnson Manufacturing Co. has an annual operating budget of $750,000. Each year it budgets for the following expenses: po
nevsk [136]

Answer:

See below

Explanation:

The percentage allocated to each socially responsible action

1. pollution control

Pollution control has been allocated is $37,000

As a percentage

= $37,000/$750,000 x 100

=0.0493333 x 100

=4.933%

2. Community project

community project has been allocated $22,500

As a percentage

= 22,500/750,000 x 100

=0.03 x 100

=3%

3. Employee fitness

The amount allocated to employee fitness is $7500

As a percentage

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=0/01 x 100

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4. The total amount spent is

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7 0
3 years ago
In Russia, suppose GDP per capita grows by 9.0 % per year for 31 years . By how many times does this economy grow?
makkiz [27]

Answer:

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Explanation:

Growth Rate = g = 9% = 0.09

Number of years = n = 31 years

Number of time economy grow = ( 1 + growth rate )^number of years

Number of time economy grow = ( 1 + g )^n

Number of time economy grow = ( 1 + 0.09 )^31

Number of time economy grow = 14.46 times

So, Russian Economy will grow by 14.46 times using 9% per year growth for 31 years.

8 0
3 years ago
Assume the spot rate of the British pound is $1.73. The expected spot rate 1 year from now is assumed to be $1.66. What percenta
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Answer:

The correct answer is 4.05%.

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Spot rate = $1.73

Expected spot rate after 1 year = $1.66

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Expected Depreciation = (Expected spot rate after 1 year - Spot rate) / Spot rate

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= - $0.07 / $1.73

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