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svet-max [94.6K]
3 years ago
10

Lidell Inc. budgeted production of 48,000 personal journals in 20Y6. Each journal requires assembly. Assume that three minutes a

re required to assemble each journal. If assembly labor costs $13 per hour, determine the direct labor cost budget for 20Y6. Do not round your intermediate calculations but, if required, round your final answer to the nearest dollar.
Business
1 answer:
mote1985 [20]3 years ago
7 0

Answer:

Direct labor cost= $31,200

Explanation:

Giving the following information:

Production= 48,000 units

Standard time= 3 minutes per unit

Rate= $13 per hour

First, we need to calculate the number of hours required:

The proportion of minuted per hour= 3/60= 0.05

Number of hours= 48,000*0.05= 2,400 hours

Now, the direct labor cost:

Direct labor cost= 2,400*13= $31,200

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7) Dynozz Corporation currently produces cardboard boxes in an automated process. Expected production per month is 15,000 units,
DanielleElmas [232]

Answer:

Instructions are below.

Explanation:

Giving the following information:

Variable cost:

Direct material= $0.50 per unit

Fixed cost:

Fixed overhead= $15,000

Total cost for 10,000 units:

Variable cost= 0.50*10,000= 5,000

Fixed costs= 15,000

Total cost= $20,000

Total cost for 15,000 units:

Variable cost= 0.50*15,000= 7,500

Fixed costs= 15,000

Total cost= $22,500

8 0
3 years ago
question content area if $354,000 of 10% bonds are issued at 95, the amount of cash received from the sale is
Ludmilka [50]

The amount of cash received from the sale is calculated to be $336,300.

The amount of cash received from the sale of bonds can be calculated by using the following formula;

Cash received = Face value of bond × Bond quote

Since $354,000 of 10% bonds are issued at 95 in this case, therefore we substitute the values in the equation to determine the amount of cash received from the sale as follows;

Cash received = $354,000 × (95 / 100)

Cash received = $354,000 × 0.95

Cash received = $336,300

Therefore $336,300 cash is received from the sale if $354,000 of 10% bonds are issued at 95

To learn more about bonds; click here:

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3 0
11 months ago
You supply a good at a price of $5. You also earn a profit at this price. This means that your marginal cost could be _____.
Fed [463]
<span>You supply a good at a price of $5. You also earn a profit at this price. This means that your marginal cost could be less than $5.
Hope it helps.
</span>
3 0
3 years ago
In 2003, the fraudulent accounting practices at ____________, a Houston-based energy company, was the largest of several busines
oksano4ka [1.4K]

Answer: Enron

Explanation:

Enron scandal was an accounting scandal that involved Enron Corporation, which was an American energy company that was based in Houston, Texas.

Enron hid huge amount of trading losses, which led to its bankruptcy. The company used fraudulent accounting practices in order to inflate the revenue of the company and.hid the debt that the company incurred.

4 0
2 years ago
10 . What kind of good is it? Determine whether each of the following goods is a private good, a public good, a common resource,
Kipish [7]

Answer:

Common resource

Private Good

Public Good

Explanation:

A common resource would be any limited commodity, including such water or farmland, which offers tangible advantages to consumers but which no one in specific owns or has sole rights to.

Private commodities are items that must be bought in order to be eaten, and one person's consumption forbids another individual from purchasing them.

Public good can contribute to: social interest, an useful that is both non-exclusive and non-rival.

5 0
2 years ago
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