Answer:
the budgeted direct labor cost per unit is $54
Explanation:
The computation of the budgeted direct labor cost is shown below:
= Required number of direct labor hours × rate per direct labor hour
= 3.6 hours × $15
= $54
hence, the budgeted direct labor cost per unit is $54
We simply multiplied the two items so that the budgeted direct labor cost per unit could come
The journal entry to record the purchase of merchandise on account for $2,750 with freight of $125 prepaid and added to the invoice is debit Purchases $2,750, debit Freight in $125, credit Accounts Payable $2,875. To accurately record the journal entry for each part of the transaction it is imperative to make sure each go into their designated section.
Answer:
The annual bond rate of interest = 9.8%
Explanation:
<u>A</u> denotes the annual coupon:
750.08 = A(P/A, 16%, 7) + (⁷
Annuity factor at 16% at 7 years = 4.039 (By cumulative present value table)
750.08 = 4.039 A + 353.83
4.039 A = 396.25
A = (396.25 ÷ 4.039)
A = 98.11
<u>Calculating annual bond rate:</u>
r = (98.11 ÷ 1,000) × 100
r = 9.811%
The annual bond rate being rounded off is 9.8% (answer).
Answer:
Oligopoly markets
Explanation:
In simple words, Markets controlled by a limited number of providers are known as oligopoly markets. They may be found in every country and in a wide range of industries. Some oligopolistic marketplaces are competing, whereas others aren't, or at minimum seem to be.
On the other hand, Perfect competition can be understood as the market system in which all suppliers as well as buyers have complete and symmetrical knowledge, there are no transactions expenses and a large number of producers and customers compete with others.
In the production of corn meal for baking, corn is ground. This conversion process is an example of process manufacturing.
What is process manufacturing?
- Process manufacturing is a branch of manufacturing that is associated with formulas and manufacturing recipes and can be contrasted with discrete manufacturing, which is concerned with discrete units, bills of materials and the assembly of components.
- Process manufacturing is also referred to as a 'process industry' which is defined as an industry, such as the chemical or petrochemical industry, that is concerned with the processing of bulk resources into other products.
- Process manufacturing is common in the food, beverage, chemical, pharmaceutical, nutraceutical, consumer packaged goods, cannabis, and biotechnology industries.
- In process manufacturing, the relevant factors are ingredients, not parts; formulas, not bills of materials; and bulk materials rather than individual units.
To learn more about process manufacturing: brainly.com/question/15051243
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