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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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When​ materials, information, and services gain value as they move from the​ raw-materials supplier to the end​ customer, they a
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Answer:

When​ materials, information, and services gain value as they move from the​ raw-materials supplier to the end​ customer, they are said to be moving through​ ________.

A.  the supply chain

B.  a​ value-added analysis

C.  business process re-engineering

D.  Total Quality Management​ (TQM)

E.  ​just-in-time production

Answer: A

Explanation:

A supply chain is a system between an organization and its providers to create and appropriate a particular item to the last purchaser. This system incorporates various exercises, individuals, elements, data, and assets. The supply chain additionally speaks to the means it takes to get the item or administration from its unique state to the client. Organizations create supply chains so they can diminish their expenses and stay serious in the business scene. Supply chain the board is a pivotal procedure on the grounds that an enhanced supply chain brings about lower costs and a quicker creation cycle. A supply chain includes a progression of steps required to get an item or administration to the client. The means incorporate moving and changing crude materials into completed items, shipping those items, and conveying them to the end-client. The substances associated with the supply chain incorporate makers, merchants, stockrooms, transportation organizations, appropriation focuses, and retailers.

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What is a​ firm's gross​ profit? A. the difference between sales revenues and cash expenditures associated with those sales B. t
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B. The difference between sales revenues and the costs associated with those sales

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Suppose your friend is a music major who sings at weddings. She has no fixed or marginal costs for singing and has two types of
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Explanation:

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Should she sing at the $200 customer weddings, she would make;

= 20 people * $200

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b. Price Discrimination is the charging of different types of customers different prices for the same or similar goods.

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The direct materials price variance is calculated asA) the difference in Actual Quantities (AQ) multiplied by the Actual Price (
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Answer:

C) the difference in prices of the Actual Quantity Purchased (AQP) and the Actual Price (AP) multiplied by the Actual Quantity Purchased (AQP) and the Standard Price (SP) of the input purchased.

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Direct Material Price Variance = (Actual Price - Standard Price) \times Actual Quantity

Opening the brackets we have

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therefore, from the options provided option C) is correct as Direct Material Price Variance is difference in Actual Cost and Standard Cost of Actual Units

Final Answer

C) the difference in prices of the Actual Quantity Purchased (AQP) and the Actual Price (AP) multiplied by the Actual Quantity Purchased (AQP) and the Standard Price (SP) of the input purchased.

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