Total manufacturing costs=direct material+direct labor+manufacturing overhead
Calculate direct labor
Let direct labor be x
120%=1.2
1.2x=180000
Divide both sides by 1.2
X=180,000÷1.2
X=150,000 direct labor
Total manufacturing costs=
120,000+150,000+180,000
=450,000...answer
Hope it helps!
Answer:
following a linear equation:
y = mx + b
if we use July's data:
y = $0.0882m + 500
where
y = total cost
m = number of copies
the slope = 1 / 11.3333 = 0.0882
Explanation:
Month Number of Copies Total Copy Cost
January 46,000 $4,600
February 42,000 $4,400
March 58,000 $5,300
April 64,000 $6,300
May 57,000 $5,000
June 62,000 $5,800
<u>July 68,000 $6,500 </u>
August 71,000 $7,300
y = mx + b
6,500 = 68,000x + 500
x = variable cost per unit = (6,500 - 500) / 68,000 = $0.088235294 per copy ≈ $0.0882 per copy
the equation would be:
y = $0.0882m + 500
the slope = 1 / 11.3333 = 0.0882
Answer:
14,275= actual hours
Explanation:
Giving the following information:
The standard for a particular crane calls for 14 direct labor-hours at $16 per direct labor-hour.
During a recent period, 1,000 cranes were made.
The labor efficiency variance was $4,400 Unfavorable.
To determine the actual hours worked, we need to use the direct labor efficiency variance formula:
Direct labor time (efficiency) variance= (Standard Quantity - Actual Quantity)*standard rate
-4,400= (14*1,000 - actual hours)*16
-4,400= 224,000 - 16actual hours
228,400/16= actual hours
14,275= actual hours
Answer:
A: The supply of loanable funds curve
B: left
C: Increase
Explanation:
If the tax rate on interest earned on savings deposits rises to 25% then the <u><em>supply of loanable funds curve</em></u> will shift to the <u><em>left </em></u>causing the equilibrium interest rate to <u><em>slide upwards (or increase). </em></u>
The supply curve for loanable funds slopes upwards from left to right. This means that when interest rates are high, lenders are more willing to lend more funds to investors and businesses. The intersection of the demand and supply curves for loanable funds creates the equilibrium interest rate.
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Answer:
The policy-holder is the person that owns the insurance policy.