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3 years ago

Direct materials and direct labor of a company total $8300000. If manufacturing overhead is $4150000, what is direct labor cost

Business

1 answer:

iragen [17]3 years ago

5 0

Answer:

The direct labor cost cannot be ascertained from the information given in the question

Explanation:

Direct materials+Direct labor cost= $8300000

In order to determine the labor cost of the $8300000, we need a clue as to the percentage of the labor cost in the total of $8300000 or the portion of $8300000 that belongs to direct materials.

Since such a hint is missing,we can simply guess, costs incurred cannot be shared out on a basis that has no relationship with reality,hence, the correct answer is that the direct labor cost cannot be determined based on details provided.

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Answer:

The correct answer is no immediate effect..

Explanation:

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If the minimum price is below the equilibrium price it has no impact since the market will naturally be above said minimum price.

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If the maximum price is above the equilibrium price it will not have any impact since the market will naturally tend to be below this maximum limit.

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3 years ago

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Answer:

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3 years ago

Last year Hamdi Corp. had sales of $500,000, operating costs of $450,000, and year-end assets (which is equal to its total inves

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Answer:

1.74%

Explanation:

17% Debt 50% Debt

Sales $500,000 $500,000

Less: Cost $450,000 $450,000

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Profit before tax $44,454 $32,600

Less: Tax at 35% $15,559 $11,410

Net Income $28,895 $21,190

Equity $361,050 $217,500

Return on Equity 8.00% 9.74%

Change in ROE = 9.74% - 8.00% = 1.74%

Workings

Interest (17% Debt) = 43,500*17%*7.5% = $5,546

Interest (50% Debt) = 43,500*50%*8% = $17,400

Tax (17% Debt) = $44,454 * 0.35 = 15,559

Tax (50% Debt) = $32,600 * 0.35 = 11,410

Equity (17% Debt) =435,000*83% = 361,050

Equity (50% Debt) = 435,000*50% = $217,500

Return on Equity = $28,895/$361,050 = 8.00%

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arlik [135]

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2 years ago

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