Answer:
$ 2,829,276
Explanation:
The budgeted direct labour cost is going to be based on the budgeted production units.
Production budget = sales budget + closing inventory -opening inventory
Production budget = 46,000 - 140 + 580 = 45,560
Labour budget = Production budget× hours per unit
= 45,560× 2.7 hrs × $23
= $ 2,829,276
The correct answer is C. By attending college, Connor actually stands better prospects to earn a significant salary throughout his lifetime. Employees having gone through post-secondary education generally earn more income than those who have not studied till college. The simple reason is, by attending college, you acquire sharper knowledge and insights of disciplines you wouldn't otherwise have access to. You get skills that are in line with a demanding and fast-paced environment. People often regret not attending college because they could have grabbed a certificate that could have been a stepping stone for professional opportunities and higher incomes.
Answer:
A. $192,000
Explanation:
The computation of the labor related overhead cost is shown below:
= (Labor related overhead cost) ÷ (Total direct labor hours) × direct labor hours of X
= ($480,000) ÷ (16,000 hours + 24,000 hours) × 16,000 hours
= $192,000
hence, the correct option is A.
Answer:
Amount saved by the owner is $225.
Explanation:
given,
the property has been assessed = $40,000
the city tax rate = 10 mills = 0.001
country tax rate = 9 mills = 0.009
school board levy = 9 mills = 0.008
owner gets homestead tax exemption of = ?
Homestead tax exemption is used to same money from paying tax on their property every year.
homestead tax exemption given is $25,000
Money saved by owner = $25,000 homestead exemption × county tax rate
= $25000 × 0.009
= $ 225
Amount saved by the owner is $225.
Answer and Explanation:
The computation is shown below:
a. The manufacturing overhead is
= factory utilities + depreciation on factory equipment + indirect factory labor + indirect material + factory manager salary + property tax + factory repairs
= $16,500 + $12,650 + $48,900 + $70,800 + $8,000 + $2,500 + $2,000
= $161,350
b. The product cost is
= Direct material used + direct labor + total manufacturing overhead
= $157,600 + $79,100 + $161,350
= $398,050
c. The period cost is
= Depreciation on delivery truck + sales salaries + repairs to office equipment + advertising + office supplies used
= $3,800 + $48,400 + $1,300 + $23,000 + $4,640
= $81,140