Sonic, Inc. is planning to produce 2,500 units of product in 2016. Each unit requires 3 pounds of materials at $6 per pound and a half hour of labor at $16 per hour. The overhead rate is 75% of direct labor.
Required:
a. Compute the budgeted amounts for 2016 for direct materials to be used, direct labor, and applied overhead.
b. Compute the standard cost of one unit of product.
Answers: 2
Business, 21.06.2019 20:00
Answer the following questions using the data given below. annual percent return on mutual funds (n = 17) last year (x) this year (y) 11.9 15.4 19.5 26.7 11.2 18.2 14.1 16.7 14.2 13.2 5.2 16.4 20.7 21.1 11.3 12.0 –1.1 12.1 3.9 7.4 12.9 11.5 12.4 23.0 12.5 12.7 2.7 15.1 8.8 18.7 7.2 9.9 5.9 18.9
Answers: 3
Business, 22.06.2019 00:30
Norton manufacturing expects to produce 2,900 units in january and 3,600 units in february. norton budgets $20 per unit for direct materials. indirect materials are insignificant and not considered for budgeting purposes. the balance in the raw materials inventory account (all direct materials) on january 1 is $38,650. norton desires the ending balance in raw materials inventory to be 10% of the next month's direct materials needed for production. desired ending balance for february is $51,100. what is the cost of budgeted purchases of direct materials needed for january? $58,000 $65,200 $26,550 $25,150
Answers: 1
Business, 22.06.2019 04:00
The simple interest in a loan of $200 at 10 percent interest per year is
Answers: 2
Business, 22.06.2019 10:00
How has internet access changed and affected globalization from 2003 to 2013? a ten percent increase in internet access has had little effect on globalization. a twenty percent decrease in internet access has had little effect on globalization. a thirty percent increase in internet access has sped up globalization. a fifty percent decrease in internet access has slowed down globalization.
Answers: 1
Sonic, Inc. is planning to produce 2,500 units of product in 2016. Each unit requires 3 pounds of ma...
Mathematics, 24.11.2020 19:10
Mathematics, 24.11.2020 19:10
Mathematics, 24.11.2020 19:10
Mathematics, 24.11.2020 19:10
Mathematics, 24.11.2020 19:10
Mathematics, 24.11.2020 19:10
Biology, 24.11.2020 19:10
Mathematics, 24.11.2020 19:10
Arts, 24.11.2020 19:10