Answer:
$204,000
Explanation:
Given that
Total manufacturing costs = $320,000
Manufacturing overhead = $52,000
Direct materials = $64,000
The computation of direct labor cost is shown below:-
Direct labor cost = Total manufacturing costs + Manufacturing overhead + direct materials
= $320,000 - $52,000 - $64,000
= $204,000
Therefore for computing the direct labor cost we simply applied the above formula.
Answer:
Production= 13,000
Explanation:
Giving the following information:
Estimated inventory (units), June 1 18,500
Desired inventory (units), June 30 19,000
Expected sales volume (units):
Area X 3,000
Area Y 4,000
Area Z 5,500
Total= 12,500
To calculate the production for the period, we need to use the following formula:
Production= sales + desired ending inventory - beginning inventory
Production= 12,500 + 19,000 - 18,500
Production= 13,000
Answer:
Inventors create new products.
Explanation:
An inventor is someone who is focused almost solely on creating and building a product, process, or service that can solve the problems that someone might have. They strive to perform cutting edge research that's essentially never been done before.
Answer:
A. cost-plus regulation
Explanation:
When a local regulator calculates the average cost of production for the public water utility or any other service and allow an adjustment for the normal rate of profit the firm should expect to earn, and then set the price that consumers can be charged accordingly, this is known as cost-plus regulation.
It is usually carried out by the government.
