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pogonyaev
3 years ago
12

High Tech Manufacturing​ Inc., incurred total indirect manufacturing labor costs of $ 540 comma 000. The company is labor intens

ive. Total labor hours during the period were 4 comma 100. Using qualitative​ analysis, the manager and the management accountant determine that over the period the indirect manufacturing labor costs are mixed costs with only one cost driverminuslaborminushours. They separated the total indirect manufacturing labor costs into costs that are fixed ​($ 140 comma 000 based on 8 comma 100 hours of​ labor) and costs that are variable ($ 400 comma 000 )based on the number of laborminushours used. The company has estimated 7 comma 700 labor hours during the next period.What will be the total cost for the estimated 7 comma 700 ​hours? (Round any intermediary calculations to the nearest cent and your final answer to the nearest​ dollar.)
Business
1 answer:
brilliants [131]3 years ago
3 0

Answer:

$891,219.51

Explanation:

The computation of the total cost for the estimated 7 comma 700 ​hours is shown below:

= Total indirect fixed manufacturing labor costs   + total variable cost

where,

Total indirect fixed manufacturing labor costs  is $140,000

And, the total variable cost is

= Total variable cost ÷ number of total labor hours  × estimated labor hours

= $400,000 ÷ 4,100 hours × 7,700 hours

= $751,219.51

So total cost is

= $140,000 + $751,219.51

= $891,219.51

We simply added the fixed and variable manufacturing labor cost

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8 0
4 years ago
What is the depreciation tax shield if EBIT is $600, depreciation is $1,800, and the tax rate is 30 percent
eduard

The depreciation tax shield based on the EBIT, the tax rate and the depreciation is $540.

<h3>How do you find the depreciation tax shield?</h3>

This can be found as:

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Solving gives:

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Find out more on the depreciation tax shield at brainly.com/question/24192125.

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2 years ago
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Dimas [21]

Answer:

True

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6 0
3 years ago
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The four different market structures determine profitability.

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Profitability is measured in terms of income and expenses. Income is the money generated by a company's activities. For example, if you produce and sell crops or livestock, income will be generated. However, the money that flows into the business, such as borrowing money, is not income.

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4 0
1 year ago
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zimovet [89]
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5 0
3 years ago
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