1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Ivanshal [37]
3 years ago
6

Ring Company designs and builds jewelry. During June it had applied overhead of $120,000. Overhead is applied at the rate of 75%

of direct labor cost. Direct labor wages average $20 per hour.How many direct labor hours did Ring Company have for the month of June?
Business
1 answer:
igomit [66]3 years ago
3 0

Answer:

4.500

Explanation:

According with the information say that the $120.000 correspond to overhead to the rate of 75% of direct labor force, so you have to calculate the portion that is directed to the direct labor cost:

Direct labor cost: $120.000 * 75%

Direct labor cost: $ 90.000

Now you know that the average wages per hour of the direct labor force is $20. Now you have to divide the direct labor cost by the average salary per hour to calculate the number of hours worked in June.

Number of hours = $ 90.000/$20

Number of hours = 4.500  

You might be interested in
A+piece+of+land+produces+an+income+that+grows+by+5%+per+annum. +if+the+first+year’s+income+is+$10,000,+what+is+the+value+of+the+
Aleonysh [2.5K]

If a piece of land produces an income that grows by 5% per annum. The value of the land is $200,000.

<h3>Present value of the land</h3>

Using this formula

Present value=Income/Rate per annum

Let plug in  the formula

Present value=$10,000/0.05

Present value=$200,000

Therefore If a piece of land produces an income that grows by 5% per annum. The value of the land is $200,000.

Learn more about Present value of land here:brainly.com/question/14958247

#SPJ12

6 0
2 years ago
Veltri Corporation is working on its direct labor budget for the next two months. Each unit of output requires 0.77 direct labor
olasank [31]

Answer:

Total direct labor cost= $122,752

Explanation:

Giving the following information:

Each unit of output requires 0.77 direct labor-hours.

The direct labor rate is $11.20 per direct labor-hour.

Production budget:

October= 7,100 units

November= 6,900 units

Minimum hours= 5,480 hours

First, we need to determine the number of hours required for each month.

October= 7,100*0.77= 5,467 hours

November= 6,900*0.77= 5,313 hours

Direct labor budget:

October= 5,480*11.2= 61,376

November= 61,736

Total cost= $122,752

3 0
3 years ago
In which level of linkage does a company’s strategic business planning function exist without any input from the HRM department?
Naddik [55]

Answer:

The correct answer is d) Administrative linkage

Explanation:

Business planning is one of the basic pillars on which the Business Plan is to be sustained: Commercial planning is a part of the strategic planning of the company, which aims to develop action programs to achieve the objectives of Company marketing .

For the objectives to be met, the company must organize all available means and establish the corresponding strategies.

7 0
3 years ago
An analyst is considering an investment in Treetops Inc. and has gathered the following information. What is the expected return
lesantik [10]

Answer:

Expected Return =

Recession  = ( 20/100)* 20%   =  4%

Steady      =   (40/100)*10%      =  4%

Boom       =   ( 40/100)  *  35%   =<u>  14%</u>

         Expected Return =         <u>   22%</u>

there is no answer in the option. The correct answer is 22%.

Explanation:

Expected return of share is the summation of probability multiply by the return expected in a situation of the economy.

8 0
3 years ago
The matching concept states that expenses incurred to produce particular revenues should be matched with those revenues.
slega [8]
False. The revenues usually contemplate the profit added to the expenses or costs, therefore, they can't match.
4 0
4 years ago
Other questions:
  • It is generally safe to provide your Social Security Number to:
    10·2 answers
  • Which of the following is a true statement about closing the books of a corporation?A)Expenses are closed to the Expense Summary
    7·2 answers
  • Younie Corporation has two divisions: the South Division and the West Division. The corporation's net operating income is $92,30
    12·2 answers
  • Hardy Company is a wholesale electronics distributor. On December 31, 2008, it prepared the following partial income statement:
    8·1 answer
  • More investments can increase economic growth by _____.
    15·2 answers
  • Robbie is a 20 year old dependent who is a full time student. Robbie has $6,800 in income from wages and $6,000 of interest inco
    13·1 answer
  • Prepare adjusting entries for the following transactions.
    6·1 answer
  • Automobile manufacturing is an industry subject to significant economies of scale. Suppose there are four domestic auto manufact
    8·1 answer
  • There are a couple of questions in this:
    11·1 answer
  • For the fed there must be a _____________ between maintaining banking stability for the nation and allowing individual banks to
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!