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:
Temporary difference
Explanation:
The reason is that the temporary difference is due to allowable and disallowable expenses and returns for some period which in later years equals to the allowable or disallowable incomes and expenses. This is all because of the temporary differences.
The adjusting entry for the sale of debt securities by Jerome Incorporated on December 30, is as follows:
<h3>Adjusting Journal:</h3>
December 31:
Debit Cash $7,000
Credit Investment $6,500
Credit Gain on Sale of Investment $500
- To record the sale of debt investment (part) and the gain therefrom.
<h3>What is an adjusting entry?</h3>
An adjusting entry is the journal entry made at the end of the financial year to ensure compliance with the accrual concept and the matching principle of generally accepted accounting principles.
An adjusting entry does not include the initial investment transaction made by Jerome Incorporated.
<h3>Transaction Analysis:</h3>
Dec. 30:
Cash $7,000 Investment $6,500 Gain on Sale of Investment $500
Learn more about adjusting entries at brainly.com/question/13933471
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Answer:
nope but thanks for asking
Explanation:
I think it can be the "D"
