Answer:
otal labor cost= $6,003
Explanation:
Giving the following information:
Zhang Industries budgets production of 290 units in June and 300 units in July. Each unit requires 1.5 hours of direct labor. The direct labor rate is $13.80 per hour. The indirect labor rate is $20.80 per hour.
Total labor cost= (290*1.5)*13.8= $6,003
Answer:
$175,000
Explanation:
A firm currently makes an amount of $1,750,000 annually from an expensive product line
The firm projects a sales of $380,000
The discount line is expected to cause a reduction in the sales of the expensive product line to $1,575,000
Therefore, the incremental revenue associated with the discount product line can be calculated as follows
= $1,750,000-$1,575,000
= $175,000
Hence the incremental revenue associated with the discount product line is $175,000
Answer: Rise initially, but eventually fall.
Explanation:
The increase in the workers brought would increase the marginal product; there would be increase in production based on the number of persons that were engaged but the marginal cost might eventually fall in the future because of human management and resilience from the workers that were brought
Answer:
D
Explanation:
If a firm increases its sales and cost of goods sold while holding its inventories constant, then, other things held constant, its inventory turnover ratio will increase.
A company's plan for the acquisition of long-lived assets, such as buildings and equipment, is commonly called a Capital Budget.
<h3>
What is a Capital Budget?</h3>
- The procedure a company uses to assess potential big projects or investments is called capital budgeting.
- Before a project is accepted or denied, capital budgeting is necessary. Examples of such projects include the construction of a new plant or a significant investment in a third-party enterprise.
- It is a means of locating a superior offer for the expansion of the company.
- A company's bottom line is frequently affected by significant capital decisions, which are frequently tied to capital planning.
- In capital budgeting, projects that improve a business are chosen. Almost everything, including the acquisition of land or the purchase of fixed assets like a new truck or machinery, can be included in the capital budgeting process.
To learn more about Capital Budget refer to:
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