According to the consumer behavior model, what are the major categories of influence on the purchase decision process

Job WR53 at NW Fab, Inc. required $200 of direct materials and 10 direct labor hours at $15 per hour. Estimated total overhead f

nadezda [96]

Answer:

The question is not complete, find below complete question:

Job WR53 at NW Fab, Inc. required $200 of direct materials and 10 direct labor hours at $15 per hour. Estimated total overhead for the years was $760,000 and estimated direct labor hours were 20,000. What would be recorded as the cost of job WR53?

A. $200

B. $350

C. $380

D. $730

The correct option is D, $730 as shown below

Explanation:

Overhead absorption rate is given total overhead /direct labor hours

Overhead absorption rate=$760000/20000

=$38/ labor hour

Hence job WR53 would require $380($38*10 hrs) in overhead cost

The total cost of the job is given as follows:

Direct materials $200

Direct labor cost($15*10) $150

Overhead on the job <u> $380</u>

Total cost <u>$730</u>

The job WR53 would cost $730

In essence, for the job to be profitable, it must be sold at a price beyond $730, otherwise the job might be sold at a loss

7 0

3 years ago

Read 2 more answers

Walton Company has provided the following 2018 data:

timurjin [86]

Answer:

Walton Company

Income Statement

Actual Budgeted Variances

Sales 510,400 $ 519,000 8,600 U

Variable product costs 183400 188,000 4,600 F

Variable selling expense 48100 46,000 2,100 U

Other variable expenses 5100 3,300 1,800 U

Contribution Margin 273,800 281,700 7,900 unfav

Fixed product costs 15460 15,700 240 F

Fixed selling expense 22920 23,400 480 F

Operating Income 235420 242,600 7,180 unfav

Other fixed expenses 1460 1,300 160 U

Interest expense 710 800 90 F

Net income 233,250 240,500 7,250 unfav

We calculate the actual amounts from the budgeted amount by adding the variances when they are unfavorable and subtracting them when they are favorable . But in case of sales this is reversed. The actual sales are calculated by subtracting unfavorable variance from budgeted sales.

The fav amounts are subtracted from the unfav amounts to get the results .

8,600 u + ( 4,600)F + 2,100 U +1,800= 7,900 unfav

3 0

3 years ago

Able, Baker, and Charlie co-own property. Charlie dies, leaving behind a will that transfers his one-third interest in the prope

VMariaS [17]

Answer:

Joint ownership

Explanation:

In a joint ownership, when a partner dies, his interest is passed on to the surviving partners.

This case scenario is a joint ownership

3 0

3 years ago

Determine whether each of the following events causes a shift of a curve or a movement along a curve in the short run. Indicate

Vaselesa [24]

Answer:

Check the explanation

Explanation:

Increase in value of dollar has made the foreign steel (a major commodity used in production) cheaper for American producers.

This will reduce the cost of production of American Producers and would increase their profit-margin.

This will induce US firms to produce more and therefore there will be increase in short-run aggregate supply.

So, the given scenario will involve short-run aggregate supply curve and would shift the curve to the right.

Kindly check the attached image below to see the required graph -

4 0

3 years ago

Appling Enterprises issued 8% bonds with a face amount of $400,000 on January 1, 2021. The bonds sold for $331,364 and mature in

lyudmila [28]

Answer:

sry I just wanted the points I'm in middle school so I don't know this stuff either but can you give free brainlyest I'm soo close to my next rank I'd really appreciate it if you would

8 0

2 years ago