Answer:
Budgeted direct labor costs is $155,000 divided by budgeted hours of production of 9,000 would give standard direct labor costs of $17.22 per hour of production. Budgted direct material costs is $165,000 divided by budgeted hours of production of 9,000 would give standard direct material costs of $18.33 per hour of production. The standard cost of direct labor and direct material is used to calculate flexible budget.
Total costs consists of direct material costs plus direct labor costs plus fixed overhead costs. Direct material costs under flexible budgeting is calculated as actual hours of production of 10,000 multiplied by standard costs of $18.33 which would give budgeted costs of $183,333. Direct labor costs under flexible budgeting is calculated as actual hours of production of 10,000 multiplied by standard costs of $17.222 which would give budgeted costs of $172,222. Fixed overhead costs would remain same under flexible budgeting as fixed overhead does not change with change in volume of activity. Direct material costs of $183,333 plus direct labor costs of $172,222 plus fixed overhead costs of $15,000 would give total costs of $370,556 under flexible budgeting.
A SWOT analysis identifies threats and opportunities in the external environment as well as organizational strengths and weaknesses .
<h3>What is a SWOT analysis?</h3>
This is a study that an organization or a corporation would engage in just so theyt can identify their strengths as well as their weaknesses.
This is a strategic planning and management strategy that organizations use.
Read more on SWOT analysis here: brainly.com/question/25066799
Answer:
Which organization does not work for consumers
Federal treasury
Explanation:
The other three are consumer-focused. But the Federal Treasury is a US government agency that advises government on fiscal matters. It performs some law enforcement activities to help government enforce laws on fiscal policies. It is also responsible for manufacturing the currency and postage stamps. Finally, it has responsibility for the supervision of national banks in the United States.
Answer:
Overhead Rate based on:
Direct labor hours: $12.5 per labor hour
Direct labor expense: 50% of labor cost e.g. $0.5 for every dollar of labor cost
Machine hours: $7.5 per machine hour
Explanation:
Overhead rate is calculated by dividing the total estimated manufacturing overhead to the relevant activity base selected e.g. machine hours, labor hours, labor cost etc.
Overhead rates are calculated for different bases are as follows:
Direct labor hours: $750,000 / 60,000 = $12.5 per hour
Direct labor Expense: $750,000 / 1,500,00 = 50% ($0.5 for every dollar cost of direct labor)
Machine hours: $750,000 / 100,000 = $7.5 per machine hour.
Hwbwbwjjwjwbwnabwjjwjwwjqnqnwnnwnwnwbwbwbwbbwwbbwhwbwbwbwbwbdbsnsnwjwnwn