Persistent Productions makes and sells a product called Shine. Each unit of Shine requires 4.3 hours of direct labor at the rate of $15.50 per direct labor-hour. Management would like you to prepare a Direct Labor Budget for June. The company plans to sell 37,000 units of Shine in June. The finished goods inventories on June 1 and June 30 are budgeted to be 200 and 100 units, respectively. Budgeted direct labor costs for June would be:
Answers
To prepare the Direct Labor Budget for June, we need to calculate the total direct labor hours required to produce 37,000 units of Shine and multiply it by the direct labor rate per hour.
Total direct labor hours required = 37,000 units x 4.3 hours per unit = 159,100 direct labor hours
Direct labor cost per hour = $15.50
Therefore, the budgeted direct labor cost for June would be:
Budgeted direct labor cost = Total direct labor hours x Direct labor cost per hour
= 159,100 x $15.50
= $2,464,450
However, we also need to take into account the finished goods inventory on June 1 and June 30. We can calculate the direct labor cost for the units produced in June by subtracting the finished goods inventory on June 1 from the total units required and adding the finished goods inventory on June 30.
Units to be produced in June = Total units required - Finished goods inventory on June 1 + Finished goods inventory on June 30
= 37,000 - 200 + 100
= 36,900 units
Total direct labor hours required for these units = 36,900 units x 4.3 hours per unit = 158,670 direct labor hours
Budgeted direct labor cost for June, taking into account the finished goods inventory, would be:
Budgeted direct labor cost = Total direct labor hours x Direct labor cost per hour
= 158,670 x $15.50
= $2,455,835
Therefore, the budgeted direct labor cost for June, considering the finished goods inventory, would be $2,455,835.
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Related Questions
PLEASE HURRY
This year, teachers can earn a $250 tax credit on money they spend in their classrooms. How will this tax credit affect the teachers’ tax returns?
The $250 will come directly off of the amount of taxes the teachers owe.
The $250 will be subtracted from the teachers’ gross incomes.
This credit will put them in higher tax brackets.
This credit is not big enough to make any impact on the teachers’ taxes.
Answers
Answer:
The $250 will come directly off of the amount of taxes the teachers owe
Explanation:
that's what the answer would be in real life scenario
Consider a business firm that has an organization you understand well. Try to explain why the firm buys certain inputs and makes the remainder (in the context of minimizing transactions costs).
Answers
Explanation:
The largest companies in the world in the technology sector that sell products such as cell phones and computers have a global value chain that organizes the production process in a set of steps with the objective of generating strategic and cost advantages. Such companies as Apple, buy inputs originating in China for example for the manufacture of Iphones, because the cost of the raw material is lower and it also manufactures the devices in the country, due to the better labor conditions, so the company reaches gains in economies of scale.
Jill sold her car to Jake who issued a post-dated check in full payment of the
agreed price. Before the check matures, Jake sold the same car to John who
later sold it to Willie. However, when Jill presented the check for payment,
it was dishonored by the drawee bank for the reason that Jake had already
closed his account even before he issued his check.
Jill filed a case to recover the car from Warren claiming that she had been
unlawfully deprived of it by reason of Jake’s deception.
Will the suit prosper? Why or why not? Explain your answer. Please include the applicable articles.
Answers
The suit will not prosper and Jill cannot recover the car from Willie.
No, the suit will not prosper. This is because the sale between Jill and Jake was valid and binding. According to Article 1485 of the Civil Code of the Philippines, "The unpaid seller of goods loses the right of lien thereon and of stoppage in transitu and the right of resale as limited by this Title when he delivers the goods to a carrier or other bailee for the purpose of transmission to the buyer without reserving the ownership in the goods until their price is paid or tendered."
In this case, Jill delivered the car to Jake without reserving the ownership until the check is paid. Therefore, she lost her right of lien and the right of resale. Jake, as the new owner, had the right to sell the car to John, who then sold it to Willie.
Furthermore, Article 1249 of the Civil Code states that "The delivery of promissory notes payable to order, or bills of exchange or other mercantile documents shall produce the effect of payment only when they have been cashed, or when through the fault of the creditor they have been impaired." This means that the check issued by Jake did not produce the effect of payment until it was cashed. However, Jill cannot recover the car from Willie because she lost her right of lien and the right of resale when she delivered the car to Jake without reserving the ownership until the check is paid.
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1.Which agency enforces food safety in a restaurant or foodservice operation?
A Centers for Disease Control and Prevention
B Food and Drug Administration
C State or local regulatory authority
DU.S. Department of Agriculture
Answers
The agency enforces food safety in a restaurant or foodservice operation is State or local regulatory authority.
When it comes to ensuring food safety in restaurants or foodservice operations, the responsibility lies with the State or local regulatory authority. This authority can vary depending on the specific region or country. In the United States, for example, the primary agency responsible for enforcing food safety regulations is the local health department or equivalent regulatory authority.
State or local regulatory authorities have the power to inspect food establishments, such as restaurants, cafes, and food trucks, to ensure they comply with health and safety standards. These authorities set regulations regarding food handling, storage, preparation, and hygiene practices. They conduct regular inspections, investigate complaints, and enforce penalties or closures if violations are found.
While other agencies like the Centers for Disease Control and Prevention (CDC), Food and Drug Administration (FDA), and the U.S. Department of Agriculture (USDA) play crucial roles in overall food safety, their primary focus may differ. The CDC primarily focuses on disease surveillance and prevention, the FDA focuses on food product safety and labeling, and the USDA focuses on the safety of meat, poultry, and egg products.
Hence the correct option is (c).
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TRUE/FALSE. You do not need to see proof of cash donations made by a taxpayer if you feel that the information is not unusual or questionable.
Answers
This statement is False. Even if the information provided is not unusual or questionable, proof of monetary donations must still be seen. The Internal Revenue Service (IRS) requires taxpayers to provide documentation for all monetary donations to ensure accuracy.
According to the IRS, cash donations must be accompanied by a written record, such as a canceled check, bank or credit union statement, or written communication from a charitable organization. In addition, all cash donations must be made on or before the tax return due date. If a taxpayer is unable to document a cash donation, they may be subject to penalties and/or interest.
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According to scientists, how do the levels of carbon dioxide in the atmosphere today compare with the past 400,000 years?
Answers
According to scientists, there's more atmospheric carbon dioxide today, than in the past 400,000 years.
What is the inexorable rise of carbon dioxide levels in the atmosphere?Ancient air bubbles trapped in ice enable us to step back in time and see what Earth's atmosphere, and climate, were like within the distant past.They tell us that levels of CO2 in the atmosphere are higher than they have been at any time in the past 400,000 years.During ice ages, CO2 levels were around 200 parts per million (ppm), and through the warmer interglacial periods, they hovered around 280 ppm.In 2013, CO2 levels surpassed 400 ppm for the primary time in recorded history. This recent relentless rise in CO2 shows a remarkably constant relationship with fossil-fuel burning, and can be well accounted for about 60 percent of fossil-fuel emissions stay in the air.Today, we stand on the edge of a new geologic era, which some term the "Anthropocene", one where the climate is extremely different to the one our ancestors knew.If fossil-fuel burning continues at a business-as-usual rate, such humanity exhausts the reserves over the next few centuries, CO2 will still rise to levels of order of 1500 ppm.The atmosphere would then not return to pre-industrial levels even tens of thousands of years into the longer term .To learn more about rise of carbon dioxide levels: https://brainly.com/question/1345477
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he left the clinic. start's with that
Answers
Answer:
sí, salió de la clínica
Explanation:
please help me quick :( (sorry meant to put chem not business)
Answers
equity shareholders are called what
Answers
Answer:
owners
Explanation:
Shareholders' equity represents the amount invested by the owners of a company in the business by either retaining earnings over time or by investing money in it. The shareholders' equity is a form of a company's net assets. Equity shareholders are also known as Equity Stockholders.
The equity shareholders of a company are called its owners.
You need to calculate the NPV of the following project. Starbuck's Company is assessing a project with an initial cost of $145,000 and cash inflows of $85,000 in Year 1 and $75,000 in Year 2. This project expands current operations and therefore is equally as risky as the current company. The company uses only debt and common stock to finance its operations and maintains a debt-equity ratio of .40 The aftertax cost of debt is 5.5 percent, the cost of equity is 12.0 percent, and the tax rate is 21 percent. What is the projected net present value of this project? $938 $1,109 O -$6,004 O -$2,399 -$1,807
Answers
According to the conventional theory of capital structure, an ideal capital structure is one in which the market value of assets is maximized while the weighted average cost of capital (WACC) is kept to a minimum. Since the project's predicted net present value is negative, it is possible that it is not lucrative and is not worth pursuing.
To calculate the net present value (NPV) of the project, we need to discount the cash flows to their present value using the weighted average cost of capital (WACC), which is the weighted average of the after-tax cost of debt and the cost of equity, taking into account the company's debt-equity ratio.
First, let's calculate the WACC:
WACC = (E/V) x Cost of Equity + (D/V) x Cost of Debt x (1 - Tax Rate)
Where:
E = Market value of the company's equity
D = Market value of the company's debt
V = E + D
Given
Cost of Equity = 12.0%
Cost of Debt = 5.5%
Tax Rate = 21%
Debt-equity ratio = 0.40
Assuming the market value of equity is equal to the book value, we can calculate:
V = E + D = 0.6E (because D/E = 0.4)
D = 0.4V = 0.24E
E/V = 0.6 and D/V = 0.4
Therefore, WACC = (0.6 x 12.0%) + (0.4 x 5.5%) x (1 - 21%) = 8.89%
Next, we can calculate the present value of the cash flows:
Year 1: $85,000 / (1 + 8.89%)^1 = $78,038.10
Year 2: $75,000 / (1 + 8.89%)^2 = $63,389.38
Finally, we can calculate the NPV:
NPV = -145,000 + 78,038.10 + 63,389.38 = -$3,572.52
Based on this calculation, the projected net present value of the project is negative, which suggests that the project is not profitable and may not be worth pursuing.
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If you are interviewed by more than one person, you should send a thank-you note to _____.
each person in the interview
each person you see in the building
the first person you are introduced to
the person who is obviously leading the interview
Answers
Answer:
option A is correct.
i.e.
each person in the interview.
Explanation:
Because thank-you letter provides a simple but effective way to express gratitude to all the individuals you met with.
in order to assess the performance of their firms and their supply chains, what do managers need to do to determine the needs of those customers?
a. Look at each segment of the markets they serve
b. Help identify new customer requirements
c. Rely on traditional performance measures
d. Collaborate in pricing of products
Answers
The correct option to the given question about assess the performance of their supply chains is option a) . Take a look at each market category they serve.
A corporation can generally use one of six major models to direct its supply chain management procedures.
The continuous flow model, one of the more established supply chain strategies, works best for developed sectors. The continuous flow model assumes that a producer will consistently produce the same good and that customer demand will be relatively stable. Agile Strategy: This model works best for businesses that provide products that customers order or have unexpected demand. This model places a premium on adaptability because a business must be ready to change course at any time in the event of a specific requirement.
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Do you think it is fair for dealers to charge you more for a car they pay the manufacturer
Answers
Answer:
I dont think they should charge more
Explanation:
Answer:
In my opinion, No,
But this occurs only when demand is so high that dealers aren't struggling to make a sale, and it generally indicates that an MSRP is too low. In the rare case that dealers can't restock a particular vehicle fast enough, it's perfectly legal (and a savvy business decision) to charge more than the MSRP.
I hope this helps.
Internal channels of business communication are designed to reach _____.
1) within the business itself
2) coworkers and upper management within the company
3) a small, targeted group of consumers
4) a large percentage of the consumer market
Answers
Answer: coworkers and upper management within the company
Explanation:
Internal channels of business communication are designed to reach coworkers and upper management within the company.
Internal communication is simply the communication that takes place between the workers in a company and the top management. It is an open communication strategy that is used in order to carry everyone along and also achieve organizational goals.
Samuelson Plastics has 7.5 percent preferred stock outstanding. Currently, this stock has a market value per share of $52 and a book value per share of $38. What is the cost of preferred stock?
19.74 percent
13.88 percent
19.29 percent
7.50 percent
14.42 percent
Answers
The cost of preferred stock for Samuelson Plastics can be calculated using the formula: Cost of Preferred Stock = Dividend / Market Price per Share.
With a market value per share of $52 and a dividend rate of 7.5%, the cost of preferred stock can be determined.
To find the cost of preferred stock, we divide the annual dividend rate (7.5%) by the market value per share ($52). This results in a cost of preferred stock of 0.075 / 52 ≈ 0.0014423, or approximately 0.0144 (or 1.44% when expressed as a percentage).
None of the provided answer choices match this calculated cost. Therefore, the correct answer is not among the options given.
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The OSHA guidelines that set safety rules for specific equipment, procedures, types of work, and unique work conditions are known as ________.
Answers
a. associates degree
b. doctoral degree
c. high school degree
d. professional degree
Answers
Which are functions of money? Select the three correct answers.
A store of value
B. producer of resources
C. unit of account
D. medium of exchange
DE record of finances
F. unit of output
Answers
Answer:
A store of value
C. unit of account
D. medium of exchange
Explanation:
Money has four main functions. They are
The medium of exchange: It the most widely used and accepted instrument for the exchange of goods and servicesUnit of account: Money provides a standard measure of the value of goods and services being exchanged. Store of value: Money is known to keep its value for some period. this enables other commodities, both perishable and non-perishables, to be assigned monetary values Standard of future payments: This function allows for trade to be done on credit terms.Meeting others through volunteer work is the most common way people expand their network. true false
Answers
Answer:
false
Explanation:
Answer:
F
Explanation:
Just took the quiz on Edge
Someone please help will mark as brainliest
Answers
Answer:
divide by the table and lilly pads
Explanation:
well how long is the table you divide the table from the number of lilly pads and there you go
multiple choice-- economics
Entrepreneurs do all of the following EXCEPT ...
Come up with new ideas about what, how, when, and where to produce
Own all the other resources
Organize labor, land, and capital
Bear risk from business decisions
Answers
Entrepreneurs do all of the following except own all the other resources. Thus, the correct answer is option B.
Who are Entrepreneurs ?An entrepreneur is someone who has an idea and tries to develop a good product or service that others will purchase, together with a business to help them in their endeavour. An entrepreneur is seen as a visionary or an innovator since they take on the majority of the risk and responsibility for their new company.
An individual who starts a new firm, taking on the majority of the risks and reaping the majority of the gains, is known as an entrepreneur. The entrepreneur is frequently viewed as an innovator, a source of fresh concepts for products, services, businesses, and operational methods. An entrepreneur plans for labour, capital, and resources.
Therefore, Own all the other resources is not a role of an entrepreneur.
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define permanent office in one sentence
Answers
Answer:
A permanent office is also known as the long term office. It is established for the production and distribution of goods and services over a long period of time.
Explanation:
Mark me brainlistWhich kind of budget would cause the largest increase in a country's national
debt?
A. One that decreases taxes and decreases spending
B. One that increases taxes and decreases spending
C. One that decreases taxes and increases spending
D. One that increases taxes and increases spending
Answers
Answer: One that decreases taxes and increases spending
Explanation: got it wrong
The kind of budget that would cause the largest increase in a country's national debt is One that decreases taxes and increases spending. Thus the correct option is C.
What is the budget?A budget refers to making financial planning for the expenses that are going to occur and controlling the spending of an individual. The budget gives an estimate of the expenses.
A tax is a specific sum of money that is taken in by a government from its constituents and afterward used to fund projects like the construction of hospitals, roads, and transit systems, among other things.
A budget that decreases taxes and increases spending helps in lowering unemployment by raising opportunities for employment and increasing the standard of living of people.
Therefore, option C is appropriate.
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Define an organization chart:
Answers
it's a chart that breaks down and explains a company's structure and roles.
The General Ledger shows or
contains which of the following?
A. All of the Above
B. Liabilities
C. Assets
D. Shareholder's Equity
Answers
Answer:
A. All of the above
Explanation:
The General Ledger is the primary accounting record that shows a company's financial transactions. It contains all of the accounts that are used to record transactions, including assets, liabilities, shareholder's equity, revenue, expenses, gains, and losses.
The General Ledger provides a comprehensive view of a company's financial position and is used to produce financial statements such as the balance sheet, income statement, and cash flow statement. The information in the General Ledger is used by management, auditors, and other stakeholders to make informed decisions about the company's financial health and performance.
Please hurry!!!
how can a small company benefit from writing a marketing plan?
Answers
Answer:
One Page Marketing
Explanation:
One Page Marketing Plan can help simplify and maximize your marketing efforts as well as help you create an actionable to reach your business goals.
There are many buyers and sellers in the market for trumpets.
1. If trumpets are normal goods, explain what will happen to price and quantity of trumpets when income in the economy increases.
2. Now assume that there are many new trumpet producers in the market. Explain what will happen to the price and quantity of trumpets in the market.
3. If there are few substitutes for trumpets, would the elasticity of demand for trumpets be relatively elastic or relatively inelastic?
Answers
If the economy's income rises, the price of a normal good like a trumpet will rise and the quantity will increases.
If the number of trumpet producers on the market increases, this means that there will be an increase in supply, which can mean greater availability of these goods and, consequently, a reduction in price.
In a situation where there are few substitutes for trumpets, demand will be relatively inelastic, as consumers are not as sensitive to price changes due to low availability.
What is the law of supply and demand?They are economic concepts related to the quantity of a good available in the market and its price, which are determined by the law of supply and demand, impacted by economic forces, such as income, producers, and policies for example.
Therefore, the greater the supply than the demand, the lower the prices, and the lower the supply, the higher the prices.
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In general, an inverse relationship exists between:
a
b
human capital and income
education and unemployment
supply and price
education and earnings
d
Answers
Answer:
Explanation:
B
In general, it can be said that there exists an inverse relationship between the factors like education and unemployment in a society. Therefore, the option B holds true.
What is the significance of education and unemployment?The rate of education can be referred to as a proportion in which the total population of any given region gets educated. Unemployment rate refers to as the total population in any given region who do not have any employment or earning.
When the rate of education increases, the rate of unemployment decreases and vice versa. Thus, it can easily be concluded that there is an existence of inverse relationship between the rates of education and unemployment.
Therefore, the option B holds true and states regarding the inverse relationship between education and employment.
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in a capm world, what is the beta of stock a if the risk-free rate is 3%, the expected return on a is10% and the expected return for the market is 6%?
Answers
The beta of stock A is 2.33. The Capital Asset Pricing Model (CAPM), which is used to estimate the expected return on an investment given its level of risk.
CAPM assumes that investors are risk-averse and require compensation for taking on additional risk, which is measured by a stock's beta.
Beta is a measure of a stock's volatility compared to the overall market. It is calculated by dividing the covariance of the stock's returns with the market's returns by the variance of the market's returns.
Using the Capital Asset Pricing Model (CAPM):
Beta (β) = (Expected return on stock A - Risk-free rate) / Market risk premium
Market risk premium = Expected return on market - Risk-free rate
So, the market risk premium is:
Market risk premium = 6% - 3% = 3%
Using this value, we can now calculate the beta of stock A:
Beta (β) = (10% - 3%) / 3% = 2.33
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How is Ramadan celebrated?
Answers
Answer:
As a Muslim, you can celebrate Ramadan with family or/and with friends and other families. In Ramadan if you are young you get a certain amount of money form your elders and the most important thing is eat! After one month of not eating you should have fun and eat really good foods. I hope this helped!! :)
Answer:
During Ramadan Muslims abstain from food and drink during daylight hours. This fast, called sawm, is one of the five pillars of Islam. To get through a long day without food, Muslims will often wake up early to eat a meal called suhur before daybreak.
Explanation: