The production budget of Justus Company calls for 80,000 units to be produced. If it takes 45
Question:
The production budget of Justus Company calls for 80,000 units to be produced. If it takes 45 minutes to make one unit and the direct labor rate is $16 per hour, what is the total budgeted direct labor cost?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 75% (12 reviews)
Budgets are the estimates that are made for future peri...View the full answer
Answered By
Sapna Goel
Hi students
I am a post graduate in commerce with Chartered Accountant Immediate. I have 8 years of teaching experience in all subjects under accounting like financial accounting, management accounting, cost accounting, financial management, auditing, taxation etc. I have taught to school students, college level graduate and post graduate students and also professional students that are pursuing Chartered Accountancy Course. I have also worked on platforms to provide online homework and assignment solutions. Solutions are very effective and in clear language and concept, so that student can easily understand it and grab it.
0.00
0 Reviews
10+ Question Solved
Related Book For
Accounting Principles
ISBN: 9781118566671
11th Edition
Authors: Jerry Weygandt, Paul Kimmel, Donald Kieso
Question Posted:
Students also viewed these Business questions
-
For Mize Company, units to be produced are 5,000 in quarter 1 and 6,000 in quarter 2. It takes 1.5 hours to make a finished unit, and the expected hourly wage rate is $14 per hour. Prepare a direct...
-
For Cobb Company, units to be produced are 5,000 in quarter 1 and 6,000 in quarter 2. It takes 1.5 hours to make a finished unit, and the expected hourly wage rate is $14 per hour. Prepare a direct...
-
For Gundy Company, units to be produced are 5,000 in quarter 1 and 7,000 in quarter 2. It takes 1.6 hours to make a finished unit, and the expected hourly wage rate is $15 per hour. Prepare a direct...
-
Pantheon Gaming, a computer enhancement company, has three product lines: audio enhancers, video enhancers, and connection-speed accelerators. Common costs are allocated based on relative sales. A...
-
Here is a histogram. Estimate the mean and the SD of the distribution. 10 20 30 40 50 60 70 80
-
Pick an industry and a product or service. Engage in a creative thinking process, as outlined in the Creative Thinking Methods, to generate an improved offering. Do the same to create an entirely new...
-
James Lewis, a resident of Kentucky, sustained an injury while operating a Caterpillar bulldozer. He filed suit against Caterpillar, a company incorporated in Delaware but with its principal place of...
-
You have been asked to use the expected-value model to assess the risk in developing a new product. Each strategy requires a different sum of money to be invested and produces a different profit...
-
Why are both ER Diagrams and Relational Modeling needed when a database system is developed?
-
Listed are the weights of the NBAs top 50 players. Construct a grouped frequency distribution and a cumulative frequency distribution with 8 classes. Analyze the results in terms of peaks, extreme...
-
Jorge Company bottles and distributes B-Lite, a diet soft drink. The beverage is sold for 50 cents per 16-ounce bottle to retailers, who charge customers 75 cents per bottle. For the year 2017,...
-
Perine Company has 2,000 pounds of raw materials in its December 31, 2016, ending inventory. Required production for January and February of 2017 are 4,000 and 5,000 units, respectively. Two pounds...
-
List the two government- wide financial statements and seven fund financial statements that comprise the basic financial statements.
-
The frequency of the F1 allele is 0.2 and the frequency of the D1 allele is 0.25. What is the expected frequency of the combination FIDI at linkage equilibrium? Calculate D if the observed frequency...
-
help me with technology innovation in finance and investment banking. Need innovation done in finance , could be retail, commercial and investment banking. Need to write an assignment so pointers or...
-
What is the process of filtration, and what are the underlying mechanisms that govern its functionality within various systems?
-
1. How does the political and legal environment affect the investment banking and securities brokerage industry in Australia? 2. Assess the challenges and potential opportunities caused by the...
-
What mechanisms underlie the process of desiccation in food preservation, and how does this method effectively inhibit microbial spoilage?
-
What are entity-wide controls and what is their significance to the audit process?
-
In the circuit shown in Figure 4, a battery supplies a constant voltage of 40 V, the inductance is 2 H, the resistance is 10, and l(0) = 0. (a) Find l(t). (b) Find the current after 0.1s.
-
It is the end of November and Natalie has been in touch with her grandmother. Her grandmother asked Natalie how well things went in her first month of business. Natalie, too, would like to know if...
-
The ledger of Saddler Company includes the following unadjusted balances: Prepaid Insurance $3,000, Service Revenue $58,000, and Salaries and Wages Expense $25,000. Adjusting entries are required for...
-
The ledger of Quentin Company contains the following balances: Owners Capital $30,000; Owners Drawings $2,000; Service Revenue $50,000; Salaries and Wages Expense $27,000; and Supplies Expense...
-
Assume that an economy is based on two industrial sectors, agriculture (A) and energy (E). The technology matrix M is: A E A-> 0.6 0.1 =M E-> 0.1 0.7 How much input from A and E are required to...
-
Data Analytics Problem DAPS.1 Data Analytics Wheels and Skis Inc. is a seasonal business that sells bikes and skis. Offering products for both summer and winter outdoor activities allows sales to be...
-
P/R End Date Check Date 2/10/2023 2/14/2023 Company Name: Prevosti Farms and Sugarhous Number Number of Name Filing Status Dependents Dependents Hourly Rate or Under 17 Over 17 Period Wage of Regular...
Study smarter with the SolutionInn App