Answer:
$180,400
Explanation:
The computation of the budgeted direct labor cost is shown below:
= Number of budgeted production clops × required direct labor hours × direct labor hour rate
= 20,000 Clops × 1.1 direct labor hours × $8.20
= $180,400
Simply we multiply the budgeted production with the required direct labor hours and direct labor hour rate so that the budgeted direct labor cost can be computed
Answer and Explanation:
From my own involvement with my expert life says it is essential to have an organized association culture in an association. The organization which I am working for is GE Healthcare. The organization is from GE substance and having over 100 years in the field of business. The organization gives astounding working condition to their representatives and they make progress toward greatness in all the activities and items they deliver to the clients. A portion of the qualities are being moral to clients, fair in work and satisfaction towards all commitment, time the executives critically and giving quality expectations.. The organization is exceptionally specific about good side of representatives in their expert field. They never permit interior governmental issues, campaigning, favoritism and so on and remunerating sort of exercises are strictly disallowed through organization standards. The organization favors social decent variety and ladies strengthening. Their contracting procedure follow the standards of filling the seats with min 33% of proficient ladies up-and-comers and they have worldwide procuring framework. They don't separate or abuse dependent on ethnicity and advance solidarity and social combination. They direct group building exercise, appropriate social preparing and improvement, correspondence and relational expertise advancement to make their representatives a superior individual not only a superior professional.
Answer:
Conversion costs: c.$390,500
Explanation:
Conversion costs are those production costs required to convert raw material to finished goods. Conversion costs include direct labor and manufacturing overheads costs.
Conversion Costs = Direct Labor cost + Manufacturing Overheads cost= Total Manufacturing Costs – Direct Material cost
With direct labor cost of $196,500; factory overhead cost of $194,000.
Conversion Costs = $196,500 + $194,000 = $390,500
Answer:
<u>Time</u>
Explanation:
There is a trade off between time spent in travelling and engaging into some other activity.
In Economics, Opportunity cost refers to the next best alternative. It represents the foregone benefits of an activity sacrificed in return for another activity.
In the given case, Jane is willing to pay extra online than travel all the way and get the blanket at a much cheaper rate. By doing so, Jane has saved time as well as energy which would've been spent in 50 miles drive.
Consumer decision making process involves the whole process between a consumer identifying his need and ultimately making the purchase.
The given case corresponds to the influence of available time or the time constraint which affects consumer decision making process.
Let's imagine you have a loan of 10,000. The simple interest would be calculated on the $10,000 so if you have an interest rate of 5%, it would go up 5% each year. Compound interest is basically interest on top of interest. So after every period or year of the loan, you are gaining compound interest on both the original loan amount and the interest you have gained.