The total cost of direct labor for the month will be $ 49350, if the company has budgeted production at 940 units for the month, each unit requires 3.5 hours of labor to produce and the average labor rate is $15 per hour.
Explanation:
The given is,
Total units produced in a month
= 940 unit per month
Time for each unit
= 3.5 unit per hour
Labor rate = $15 per hour
Step:1
Total Labor working hours for 940 units,
= Total units × Time for each unit
= 940 × 3.5
= 3290 hours
Step:2
Labor cost total working hours
= Total Labor working hours × Labor cost per hour
= 3290 × 15
= $ 49350
Result:
The total cost of direct labor for the month will be $ 49350, if the company has budgeted production at 940 units for the month, each unit requires 3.5 hours of labor to produce and the average labor rate is $15 per hour.
Answer:
Jesse had been claimed disc unjustly
Explanation:
because the person is going to fire Jesse
Answer:
Expansionary fiscal policy involves strategy which includes tax cutting, rebates and increase spending.
Explanation:
The government budget will be modified to the tax cutting strategies to implement expansionary fiscal policies. This includes increase in spending so that less money is saved and the tax amount on the profit is minimum.
Answer:
b. SNPs have special programs for enrollees with chronic conditions, like Mr. Sinclair, and they provide prescription drug coverage that could be very helpful as well.
Explanation:
Medicare special needs plans (SNPs) are one of the Medicare Advantage plans. People suffering from certain diseases can become a member of the plan. Also, the membership of the plan is limited to such people only. The SNPs help in providing benefits, choices, and specific drugs to the people and serve them with these. The services are limited to the group and the benefits of the plans can be covered as per the given norms.
In the given case, Mr. Sinclair can be provided with the benefits which the SNPs would provide as compared with the original Medicare. The SNPs would help in grouping Mr. Sinclair's issues along with the others.
Answer:
1. The wages and utility bills that Darnell pays.
286,000 explicit cost (accounting)
2. The rental income Darnell could receive if he chose to rent out his showroom.
3,000 x 12 months = 36,000 implicit cost (economic)
3. The salary Darnell could earn if he worked as a financial advisor.
20,000 implicit cost (economic)
4. The wholesale cost for the guitars that Darnell pays the manufacturer.
704,000 explicit cost (accounting)
Explanation:
The explicit cost are those which occurs and are represented in the accounting.
While the implicit cost represent the opportunity cost which is the best alternative rejected for taking the current course of action. They are considered for the economic profit