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Colt1911 [192]
3 years ago
7

A company's prime costs total $3,800,000 and its conversion costs total $7,800,000. If direct materials are $1,400,000 and facto

ry overhead is $5,400,000, then direct labor is:
Business
1 answer:
bonufazy [111]3 years ago
6 0

Explanation:

Conversion costs = Direct labor + Factory overhead

7,800,000 = Direct labor + 5,400,000

Direct labor = $2,400,000

First option is the correct option.

I know this much only.

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A manufacturing company applies factory overhead based on direct labor hours. At the beginning of the year, it estimated that fa
brilliants [131]

Answer:

See below

Explanation:

With regards to the above, the predetermined overhead rate is computed below.

Predetermined overhead rate = Estimated factory overhead cost / Estimated direct labor hours

Given that;

Estimated factory overhead cost = $341,900

Estimated direct labor hours = 48,900

Therefore,

Predetermined overhead rate per direct labor hour

= $341,000 / 48,900

= $6.97 per direct labor hour

3 0
3 years ago
Ecyzey541 Corporation manufactures and sells 16,200 units of Product Beautiful each month. The selling price of Product Beautifu
Murrr4er [49]

Answer:

Effect on income= $57,200 decrease

Explanation:

Giving the following information:

Units sold= 16,200

Unitary contribution margin= (32 - 26)= $6

Avoidable fixed costs= $40,000

<u>To calculate the total financial effect on income each month, we need to use the following formula:</u>

Effect on income= avoidable fixed costs - total contribution margin

Effect on income= 40,000 - (16,200*6)

Effect on income= -$57,200

6 0
2 years ago
What do you call the surface of a fabric created by plucking yarns from it with little needles on rotating drums?
SSSSS [86.1K]

Answer:

Answer is Nap.

Explanation:

The surface of the fabric that is used to pluck yarn from fabric is called nap. The process is called napping, in which the fibres are teased and then the soft fur-like surface is created. This process is mostly used yarning of blankets and woollen fabrics.

4 0
3 years ago
Select the letters of ALL accounts that are classified as ASSETS. *There may be one or more answers. *
Harrizon [31]

Answer:

Accounts Receivable - Steven Johnson; Cash; Kathy Smith, Capital; Prepaid Insurance; Supplies

Explanation:

Assets are thing you own. Therefor, this would include anything prepaid, any cash coming in, and supplies.

6 0
3 years ago
A construction supply company is adopting a just-in-time inventory system. Mitch Wallace, the president, has decided that restoc
MAVERICK [17]
<h2>"Information review and presentation" is the right answer</h2>

Explanation:

Let us understand the purpose. The purpose here is that, Mitch has brought some new system, which would make the employee feel more comfortable in work and would gain profit to the organization also.

Information review and presentation:

This is the right answer because, Mitch has brought an "inventory system" and he wants his supervisors and his team to learn it.

Motivation:

Here there is no need of motivating supervisors or employees under him/her.

Problem Identification:

Here are there are no issues to solve. There is some new implementation which Mitch wants to share.

Intensive problem solving:

There is no problem to solve and the meeting is called to give an idea of the new system.

7 0
3 years ago
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