Answer:
1. $590
2. $9.83
Explanation:
1.
Total Number of Direct Labor Hours:
= Total Labor Cost ÷ Labor Rate Per Hour
= 150 ÷ 15
= 10 Hours
Total Overheads:
= Total Number of Direct Labor Hours*Predetermined Overhead Rate
= 10 × 21
= 210
Total Manufacturing Cost = 230 + 150 + 210
= $590
2.
Average Cost:
= Total Manufacturing Cost ÷ Number of Units
= 590 ÷ 60
= $9.83
The believe the correct answer is a
Answer:
Labor union enable workers to voice concerns about working conditions and safety issues, making them more confident and less intimidated by their employers and thus more productive.
Labor unions foster a more stable work force, decreasing turnover.
Unions are always more efficient than firms at discerning which workers are highly skilled and which are not.
Explanation:
Labor unions improve productivity by improving employee satisfaction, decreasing turnover and attracting trianed skilled labor
Income statement FIFO LIFO Average
sales (350*50) 17500 17,500 17,500
cost of goods sold 9800 12,250 11,130
0 0 0
Gross profit 7700 5250 6370
Expenses 1,700 1,700 1,700
net income 3550 4670 4670
An income statement is a financial report detailing a company's income and expenses over a reporting period. Also known as the Income Statement (P&L), it is typically produced quarterly or annually. An income statement shows the financial performance of a company over a period of time. There are four main financial statements.
The purpose of an income statement is to show the financial performance of a company over a period of time. It conveys the financial history of the company's activities. The income statement shows all income and expense accounts for a period of time.
Learn more about Income statements at
brainly.com/question/24498019
#SPJ4
