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Dafna1 [17]
4 years ago
7

Concord Corporation is preparing its direct labor budget for May. Projections for the month are that 34400 units are to be produ

ced and that direct labor time is three hours per unit. If the labor cost per hour is $15, what is the total budgeted direct labor cost for May?
Business
1 answer:
lutik1710 [3]4 years ago
5 0

Answer:

$1,548,000

Explanation:

The computation of the total budgeted direct labor cost is shown below:

= Number of units to be produced × number of hours per unit × labor cost per hour

= 34,400 units × 3 hours × $15

= $1,548,000

We simply multiplied the number of units to be produced with the number of hours per unit and the labor cost per hour so that the accurate amount can come

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A portfolio is comprised of two stocks. Stock A comprises 65% of the portfolio and has a beta of 1.21. Stock B has a beta of .95
Lapatulllka [165]

If a  portfolio is comprised of two stocks. Stock A comprises 65% of the portfolio and has a beta of 1.21. The portfolio beta is 1.119.

<h3>Portfolio beta</h3>

Using this formula

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Let plug in the formula

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8 0
2 years ago
Your broker called earlier today and offered you the opportunity to invest in a security. As a friend, she suggested that you co
Simora [160]

Answer:

Everything else being equal, you should invest if the discounted value of the security's expected future cash flows is greater than or equal to the current cost of the security.

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You would use the capital budgeting technique known as net present value (NPV) . In order for a project or investment to be accepted, the sum of the present values of future cash inflows generated by the project should be greater than the initial amount invested or the initial cost. If the PV of the future cashflows is lower than the initial cost of capital, the investment would be rejected. On the other hand, if they are equal, the investor would be indifferent between accepting or rejecting the investment.

3 0
3 years ago
On November 15, 2018, X Corp., an accrual basis taxpayer, enters into a contract which will provide the corporation with the use
Lady bird [3.3K]

Answer: $20000

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If an employeeâs manager issued an explicit or strongly implied threat that submission to sexual demands is a condition of the e
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If an employee manager issued an explicit or strongly implied threat that submission to sexual demands is a condition of the employee's job, it would be an example of quid pro quo" harassment.

Protect individuals from discrimination based on characteristics such as race, nationality, religion, and gender. These rights are guaranteed to all citizens under the due process and equal protection clauses of the United States Constitution and the laws of Congress.

The Civil Rights Act of 1964 outlawed discrimination in employment based on race, color, national origin, religion, or sex, and the Equal Employee's Opportunity Commission was appointed to investigate discrimination and enforce the bill's provisions. established a meeting.

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2 years ago
Which one of the following is correct about variable costing systems?
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