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NARA
1 day ago
10

Northcutt's production data for a new deluxe product were taken from the most recent quarterly production budget:July August Sep

temberPlanned production in units 1,000 1,100 980In addition, Northcutt produces 5,000 units a month of its standard product. It takes two direct labor hours to produce each standard unit and 2.25 direct labor hours to produce each deluxe unit. Northwest's cost per labor hour is $15.Direct labor cost for August would be budgeted at:a. $187,125.b. $194,750.c. $197,107.d. $183,250.e. None of the other answers are correct.

Business
1 answer:
stepan [3.2K]1 day ago
7 0
$553,950 represents the total production costs. The accompanying table elucidates various factors leading to this total cost calculation. The standard product production for three months is calculated as (30,000*$15) = $450,000, while the deluxe product yields (6,930*$15) = $103,950. When these amounts are summed, the total cost amounts to $553,950.
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ABC issued 12,000 shares and subsequently reacquired 2,000 shares as treasury stock. The following year, ABC Corporation declare
Katen [3220]

Answer:

The dividend expense will total $20,000

Explanation:

We know the total shares issued = 12,000

And Treasury stock = 2,000 shares

A regular dividend of $2 per share is declared

Now, we must calculate the total dividend

Outstanding shares = Issued shares - Treasury stock = 12,000 - 2,000 = 10,000 shares

Thus, the dividend expense is calculated as $2 × 10,000 = $20,000

Therefore, the total dividend expense equates to $20,000

3 0
6 days ago
You are a Director in the Andrews Corporation. Your boss called you to inform you that there is a proposed layoff in your depart
Mariulka [3472]

Answer:

Ensuring Shelia comprehends the economic reasoning behind staff layoffs.

Explanation:

Discussing layoffs and related communications is an uncomfortable matter not only for the employee facing termination but also for the individual tasked with conveying the news.

The main point to remember when addressing layoff-related topics is the difference between layoffs and termination due to performance issues. Layoffs are never indicative of someone's personal performance or errors; they are consistently linked to broader business circumstances, like necessary downsizing. Essentially, layoffs are fundamentally about economic matters impacting the organization.

This is why mentioning individual qualities during the layoff process is irrelevant, as the termination is not the employee's fault.

6 0
1 month ago
Read 2 more answers
Doc's ribhouse had beginning equity of $52,000; net income of $35,000, and dividends by the company of $12,000. calculate the en
stepan [3267]
Doc's ribhouse commenced with $52,000 in equity, generated $35,000 in net income, and distributed $12,000 in dividends. To find the ending equity, use the formula: Beginning Equity + Net Income - Dividends = Ending Equity. Plugging in the values gives us: $52,000 + $35,000 - $12,000 = Ending equity. This results in $52,000 + $23,000 = $75,000, confirming the ending equity is $75,000.
3 0
22 days ago
Imagine you've just gotten the first glimpse at your upcoming report card or transcript. 1. What are your steps for reviewing it
Mariulka [3472]

Answer:

Steps to Review:

  1. Check for the unweighted GPA and Total GPA
  2. Examine individual grades by semester and overall GPA
  3. Review the marks explanation
  4. Finally, read the comments provided in the report

Sections of Interest:

  • Total GPA
  • Grades in specific subjects like Computer Science, Commerce, and Chemistry.
  • Teacher comments

What Matters to Me:

  • Aim to pass all subjects to minimize my teachers' frustrations.

What Matters to My Parents:

  • Ensure I succeed in all subjects with the best possible grades.

Steps If Something Seems Off:

  • First, investigate personally; for example, if a grade doesn’t match expectations, review the term papers to confirm results.
  • If necessary, approach the relevant authority to express concerns.
4 0
1 month ago
Bulluck Corporation makes a product with the following standard costs: Standard Quantity or HoursStandard Price or Rate Direct m
stepan [3267]

Response:

Labor Efficiency Variance: $2,090 Favorable

Clarification:

Based on the information provided, the calculation for labor efficiency variance for July is outlined below:-

Labor efficiency variance = Standard rate × (Standard hours - Actual hours)

= $11 × ((0.7 × 3,000) - 1,910)

= $11 × 190

= $2,090 Favorable

Hence, to compute the labor efficiency variance for July, we adhered to the aforementioned formula.

7 0
1 month ago
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