Compute the budgeted direct labor cost for july

Assignment Help Managerial Accounting
Reference no: EM132542963

Question 1: Lancaster Technologies budgets for production of 700 units in June and 750 units in July. Each unit requires two hours of direct labor. The direct labor rate is $30 per hour. The indirect labor rate is $25.00 per hour. Compute the budgeted direct labor cost for July.

Group of answer choices

Option 1: $15,750.

Option 2: $45,000.

Option 3: $42,000.

Option 4: $29,400.

Reference no: EM132542963

Questions Cloud

Find dollar amount of television sales budgeted for february : If 25,000 units were sold in December, and management forecasts 5% growth in sales each month, the dollar amount of television sales budgeted for February
When preparing and diluting solutions : When preparing and diluting solutions then analyzing through colorimetric analysis what are sources of experimental error that can occur?
What is the empirical formula of the unknown : What is the empirical formula of the unknown compound?
Conclusion on current state of our deficit : write a conclusion on the current state of our deficit and how it impacts our government spending and overall economy.
Compute the budgeted direct labor cost for july : The direct labor rate is $30 per hour. The indirect labor rate is $25.00 per hour. Compute the budgeted direct labor cost for July.
Find average acceleration : Natalie accelerates her skateboard along a path from 0 m/s to 4.0 m/s in 2.5 seconds. Find her average acceleration.
Compute the underapplied or overapplied overhead : The actual total overhead cost for 2016 is $440,000, and the actual total machine hours for 2016 are 57,000. Compute the underapplied or overapplied overhead
Calcium ion concentration in hard water : The Ca2 + ion of the hard water is often precipitated in the form of CaCO3 by the addition of soda, Na2CO3. If the calcium ion concentration in hard water
How skill set for modern day management accountant : Comparing Employee requirement to management accounting roll to the literature suggestion? how Skill set for modern day management accountant?

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Determine the standard direct labor cost per brake repair

Determine the standard direct labor cost per brake repair. If brake repair took 5.60 hours at the standard hourly rate, what was direct labor quantity variance

  Calculate the principal ratios that a financial analyst use

ACC10707 - Accounting for Business Assignment - Small Business Analysis and Interpretation. Based on the information provided above, identify and calculate the principal ratios that a financial analyst might use that would give some indication of t..

  What is the break-even point in unit sales

If the variable expenses per stove increase as a percentage of the selling price, will it result in a higher or a lower break-even point?

  Estimate the total overhead cost at an activity level

Use the high-low method to estimate the cost formula. Estimate the total overhead cost at an activity level of 48,000 machine hours

  Which activities are done each time a wafer is produced

Which activities are done each time a wafer is produced (unit-level activities)? Which activities are done each time a batch is produced? Which activities are done to enable production to take place (product-level activities)?

  What net income be under variable costing for alternative

What would the net income be under variable costing for each alternative? The Colin Division of Mochrie Company sells its product for $30 per unit.

  What is the cost per light box sold

What is the cost per light box sold in 2009? The following information pertains to Bright Toy Company's operating activities for 2009.

  Decisions based on motivation and emotion

Is it possible the extroversion personalities make decisions based on motivation and emotion?

  Estimate the annual cost savings

Inventory carrying costs are estimated to be 15% per year. Estimate the annual cost savings as a result of the quality improvement

  What is the contribution margin for part a

What is the contribution margin for Part A? Alexis Co. reported the information for May Part A Units sold, Variable manufacturing cost per unit

  Find how much did pay in dividends

If net income was 150,000, how much did they pay in dividends? Beg: Assets 560,000 RE 100,000 C. Stock 50,000. End: Assets 630,000 RE 110,000 C. Stock 50,000

  What the unadjusted cost of goods sold for may is

The unadjusted cost of goods sold (the cost of goods sold BEFORE adjustment for any underapplied or overapplied overhead) for May is closest to

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd