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prohojiy [21]
3 years ago
12

Webster Corporation is preparing a master budget for the first quarter. The company budgets production of 2,960 units in January

, 2,740 units in February and 3,440 units in March. Each unit requires 0.5 hours of direct labor. The direct labor rate is $13 per hour. Compute the budgeted direct labor cost for the first quarter budget.
Business
1 answer:
-Dominant- [34]3 years ago
5 0

Answer:

$59,410

Explanation:

With regards to the above information, we need to calculate first, total number of units for first quarter of the year.

Total number of units for first quarter of the year = 2,960 + 2,740 + 3,440

= 9,140

But, each unit requires 0.5 hours of direct labor.

It therefore means that;

1 unit need ----- 0.5 hours of direct labor

9,140 ----- ?

= (9,140 × 0.5) / 1

= 4,570 hours.

Finally, we will multiply the total hours by the payment per hour, or direct labor rate; which is $13 per hour.

= 4,570 × $13

= $59,410

Therefore, the budgeted direct labor cost for the first quarter of the year is $59,410

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A company has break-even sales of $200,000. If the company expects sales of $500,000, the margin of safety i is________.
zhuklara [117]

Answer:

Margin of safety = $300000

Explanation:

The margin of safety is the amount or units in excess of the break even level of sales or units. It is the region beyond the break even point and represents the profit for the business. Any units in excess of the break even point represents the margin of safety.

The margin of safety for the given question with expected sales of $500000 and break even sales of $200000 can be calculated as follows,

Margin of safety = 500000 - 200000  =  $300000

7 0
3 years ago
Police policies and practices have also undergone a transformation in order to adapt to the economic changes brought about by th
kupik [55]

Answer:

E. all of the above are examples of this adaptation.

Explanation:

Based on the information and answers provided it can be said that all of the above are examples of this adaptation. All of these cut backs were done in order to save money for more important aspects within the police policies and practices. While expanded use of technology systems and joint forces with other county governments were done in order to facilitate the jobs and cut down on time needed for certain practices which in term saved money.

7 0
3 years ago
Which of the following statements is true about price competition and demand? a. In price competition, the seller uses promotion
Arte-miy333 [17]

Answer:

Letter a and b are true.

Explanation:

a. <em><u>In price competition, the seller uses promotion to distinguish its product from competing brands. </u></em>

- This statement is true because in a price competition, companies' main focus is on matching or exceeding the price charged by competitors, concentrating efforts to become the lowest cost seller among all competitors.

b.<em><u> The demand curve indicates an inverse relationship between price and quantity demanded.</u></em>

- This statement is true because it represents the law of demand, that is, the price and demand curve behaves in the opposite way, because as price increases the quantity demanded decreases and as price decreases the quantity demanded increases.

5 0
3 years ago
The following accounts relate to SnowGo Corporation at December 31, 2020. Equipment $88,000 Common Stock $20,000 Dividends 8,000
BARSIC [14]

Answer:

                   Trial Balance of Snow Go Company

Particulars                                   Debit$       Credit$

Equipment                                   88,000  

Common Stock                                              20,000

Dividends                                     8,000

Salaries and Wages Payables                       2,000

Accounts Payables                                        22,000

Notes Payables(Short Term)                          19,000

Salaries and Wages Expenses    42,000

Utilities Expense                            3,000

Accounts Receivables                   4,000

Prepaid Insurance                          6,000

Service Revenue                                            95,000

Cash                                                <u>7,000</u>       <u>               </u>

TOTAL                                          $<u>158,000</u>  $<u>158,000</u>

5 0
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Natasha2012 [34]

Answer:

The correct answer is A

Explanation:

Common resource is the resources like pasture or water which provides the users with the benefits or advantage of tangible. The major and vital concern with the common resources is being overused, especially when there is a system which is poor social management in place for protecting the core resources.

There is tendency of being overused of the resources as the individuals or the person ignore the cost and its use of the resource has on others.

4 0
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