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3 years ago

Crane, Inc., is preparing its direct labor budget for 2020 from the following production budget based on a calendar year.

Business

1 answer:

skelet666 [1.2K]3 years ago

7 0

Answer:

Total labor hour = Units*Operating hours

Labor cost= Total labor hours * Hourly wage rate

QUARTER

1 2 3 4

Units 20,330 35,270 25,370 30,390

DLH time per unit 1.70 1.70 1.70 1.70

Total labour hours need 34561 43129 59959 51663

Hourly wage rate 17 17 19 19

Budgeted direct labor hour 587535 733193 1138221 981597

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jonathan is a photographer. he has been hired by a company to shoot an advertisement for their product. which role does Jonathan

Molodets [167]

Hey there,

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The ____ decision involves comparing the pros and cons of in-house production versus outsourcing of a given product or service.

solong [7]

Make-Or-Buy Decision

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3 years ago

Consider three investment plans at an annual rate of 9.38%.

PolarNik [594]

Answer:

Investor A = $545216 .

Investor B = $352377

Investor C = $897594

Explanation:

Annual rate ( r ) = 9.38%

N = 41 years

Calculate the balance at age of 65

1) For Investor A

balance at the end of 10 years

= $2000 (FIA, 9.38 %, 10) (1 + 0.0938) ≈ $33845

Hence at the end of 65 years ( balance )

= $33845 (FIP, 9.38 %, 31) ≈ $545216 .

2) For investor B

at the age of 65 years ( balance )

= $2000 (FIP, 9.38%, 31) = $322159 x (1 + 0.0938) ≈ $352377

3) For Investor C

at the age of 65 years ( balance )

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3 years ago

Becton Labs, Inc., produces various chemical compounds for industrial use. One compound, called Fludex, is prepared using an ela

shtirl [24]

Answer:

direct materials price variance = actual quantity x (actual price - standard price)

direct materials price variance = 7,820 x ($5.30 - $15) = 7,820 x (-$9.70) = -$75,854 favorable

direct materials usage variance = standard price x (actual usage - standard usage)

direct materials usage variance = $15 x (7,820 - 9,660) = -$27,600 favorable

direct labor price variance = actual hours x (actual rate - standard rate)

direct labor price variance = 2,460 x ($12.30 - $15) = 2,460 x (-$2.70) = -$6,642 favorable

direct labor usage (efficiency) variance = standard rate x (actual hours - standard hours)

direct labor usage (efficiency) variance = $15 x (2,460 - 3,680) = $15 x (-1,220) = -$18,300 favorable

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3 years ago