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earnstyle [38]
3 years ago
11

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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You purchased XYZ stock at $50 per share. The stock is currently selling at $80. You expect the stock price to go up, but not 10
Anton [14]

Answer:

"Stop-loss order" is the right answer.

Explanation:

According to the question,

Purchase price,

= $50

Current selling price,

= $80

Current gains,

= $30

  • Investors begin to give their earnings if somehow the market capitalization begins to fall beneath $80. In advance to minimize this, we need to set a purchase requisition of $80 for stop-loss.
  • So whenever the market decreases beyond $80, with us investments are traded, and thereby the existing profits of $30 have been safeguarded.

Thus, the above is the correct explanation.

4 0
3 years ago
Charlene has a monthly salary of $3,410. With her present budget, Charlene has a net income that is 7% of her monthly salary. Ch
Kipish [7]

Answer:

a. $113.70

Explanation:

The computation of the new net income is shown below:

= Monthly salary × net income percentage - reduced amount of net income per month

= $3,410 × 7% - $125

= $113.70

Hence, the corrected net income is $113.70

Therefore the correct option is a. $113.70

All other options are wrong hence ignored them

7 0
4 years ago
It is very common to complain about one’s boss. There are many examples in TV, movies, and real life of bullying and harassment.
Xelga [282]

Answer

The answer and procedures of the exercise are attached in a microsoft excel document.  

Explanation  

Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.  

4 0
4 years ago
In March, Concord Company completes Jobs 10 and 11. Job 10 cost $25,000 and Job 11 $35,000. On March 31, Job 10 is sold to the c
Flura [38]

Answer:

  • Dr Finished goods inventory $60,000

       Cr work in process inventory $60,000

  • Dr Cash $37,400

       Cr Sales Revenue $37,400

 

  • Dr Cost of Goods Sold $25,000

       Cr Finished goods inventory $25,000

Explanation:

First it's necessary to register the process of transfer the goods from WIP to finished products.

  • Dr Finished goods inventory $60,000

       Cr work in process inventory $60,000

Second recorded the sales of the goods in cash to a customer.

  • Dr Cash $37,400

       Cr Sales Revenue $37,400

And finally it necessary to register the cost of the goods sold, in this case only the Job10.

  • Dr Cost of Goods Sold $25,000

       Cr Finished goods inventory $25,000

6 0
3 years ago
Kathleen just received a bonus from EG. She is excited because her dad started his career with EG. If her bonus of $300,000 is e
Alenkinab [10]

Answer:

=$206,608.28

Explanation:

<em>Inflation erodes the value of money,  so to determine the real value of any given amount (nominal) we need to adjust it for infalton.</em>

In the same vein, to calculate her dad's bonus 10 years ago,  we will have to determine the real value of $300, 000 using the annual  inflation rate.

This is determined as follows:

Real bonus = 300,000/1.038

                   =  $206,608.28

The value of her dad's bonus 10 years ago

                  =$206,608.28

7 0
4 years ago
Read 2 more answers
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