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gtnhenbr [62]
3 years ago
8

Batson Company produces Trivets. Based on its master budget, the company should produce 1,000 Trivets each month, working 2,500

direct labor hours. During May, only 900 Trivets were produced. The company worked 2,400 direct labor hours. The standard hours allowed for May production would be: Group of answer choices
Business
1 answer:
zhenek [66]3 years ago
6 0

Answer:

The standard hours allowed for May production would be 2,250 hours

Explanation:

In order to calculate the standard hours allowed for May production we would have to calculate the following formula:

Standard Hours allowed = actual Units / Budgeted units * Budgeted Labour Hours

actual Units=900

Budgeted units=1,000

Budgeted Labour Hours=2,5000 hours

Therefore, Standard Hours allowed =900/1,000 * 2,500 = 2,250 Hours

Standard Hours allowed = 2,250 Hours

The standard hours allowed for May production would be 2,250 hours

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Suppose a commercial banking system has $40,000 of outstanding checkable deposits and actual reserves of $4,500. If the reserve
ludmilkaskok [199]

Answer: $50000

Explanation:

Based on the information that's been given in the question, firstly we need to calculate the excess reserves which will be:

= $4500 - (10% × $40000)

= $4500 - $4000

= $500

Then, the money supply that's expanded will be:

= Excess reserve / Reserve ratio

= $5000 / 10%

= $5000 / 0.1

= $50000

Therefore, the answer is $50,000.

3 0
3 years ago
What is the meaning of statistics??​
Nookie1986 [14]

Explanation:

1 : a branch of mathematics dealing with the collection, analysis, interpretation, and presentation of masses of numerical data. 2 : a collection of quantitative data.

4 0
3 years ago
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at the beginning of each workday in the medical office, the receptionist is generally responsible for:
sleet_krkn [62]

At the beginning of each workday in the medical office, the receptionist is generally responsible for disengaging the alarm system.

What is receptionist?

An individual who works in an office or administrative support role is a receptionist. The task is typically done in a waiting room, like a lobby or front desk of a company or institution. A person who works for an organisation who is responsible for greeting clients, patients, and visitors as well as taking phone calls is known as a receptionist. A receptionist's tasks may also include room reservations and assignment, visitor registration, cashier work, credit checks, key control, and mail and message service. This administrative department is referred to as the front desk in many hotels. Front desk clerks are another name for these receptionists. To help the businesses they work for, receptionists perform a variety of activities, such as scheduling appointments, filing, keeping records, and other office duties.

to learn more about receptionist
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7 0
2 years ago
Montclair Corporation had current and accumulated E&P of $500,000 at December 31, 20X3. On December 31, the company made a d
siniylev [52]

Answer:

The tax consequences of the distribution to Montclair in 20X3 would be a $150,000 gain recognized and a reduction in E&P of $175,000.

Explanation:

The distribution company distinguishes profit on the distribution, which is included in E&P netting of tax and decreases E&P by rhe lands fair market value fewer the liability believed by the shareholders.

Therefore, The tax consequences of the distribution to Montclair in 20X3 would be a $150,000 gain recognized and a reduction in E&P of $175,000.

3 0
3 years ago
Sarasota company manufactures pillows in the cutting and assembly process. pillows are manufactured in 40-pillow batch sizes. th
Viefleur [7K]

Answer: c. 12 minutes

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