How many unskilled labor hours will be budgeted

Assignment Help Financial Accounting
Reference no: EM13754368

Albertville Inc produces leather handbags. The production budget for the next four months is: July 5,000 units, August 7,000, September 7,500, October 8,000. Each handbag requires 1.3 hours of unskilled labor (paid $8 per hour) and 2.2 hours of skilled labor (paid $15 per hour). How many unskilled labor hours will be budgeted for August?

A. 7,000

B. 9,100

C. 15,400

 

D. 24,500

Reference no: EM13754368

Questions Cloud

Cost control system : What is a cost control system and what purpose does it serve in an organization? Why does a cost management system necessarily have both a short- and a long-term focus? In the present highly competitive environment, why has cost management risen to s..
Discuss physical and logical vulnerabilities : A first step to developing an enterprise security plan is to identify the specific vulnerabilities and related risks facing an organization. This list should be fairly exhaustive. Many vulnerability and threat pairs will not make the final cut for..
Write a paper about the ancient of japan : Write a paper about the ancient of Japan and a paragraph of Charlemagne and the European Middle Ages.
Purchase equipment for its increased demand for production : Brock and Company would like to purchase equipment for its increased demand for production. The business plans to purchase equipment with a cost of $50,000. The estimated cash inflow for each year is $11,000. The equipment has a useful life of seven ..
How many unskilled labor hours will be budgeted : Albertville Inc produces leather handbags. The production budget for the next four months is: July 5,000 units, August 7,000, September 7,500, October 8,000. Each handbag requires 1.3 hours of unskilled labor (paid $8 per hour) and 2.2 hours of skill..
Why immigration was such a controversial issue : Explain why immigration was such a controversial issue in the 1830s and 40s.
What is jacks adjusted gross income : This year Jack intends to file a married-joint return with two dependents. Jack received $167,800 of salary and paid $6,550 of interest on loans used to pay qualified tuition costs for his dependent daughter, Deb. What is Jack's adjusted gross income..
Would you have supported ratification of constitution : If you had been alive in 1787 would you have supported the ratification of the Constitution or not? Explain why.
Shareholders of financing project out of retained earnings : Axon Industries needs to raise $9.5M (or $9,500,000)for a new investment project. If the firm issues one-year debt, it may have to pay an interest rate of 8%, although Axon's managers believe that 6% would be a fair rate given the level of risk. What..

Reviews

Write a Review

Financial Accounting Questions & Answers

  At a management meeting you suggested that the production

at a management meeting you suggested that the production department should transfer goods produced at a value above

  Compute the present value of outflows for bid a and b

Compute the present value of outflows for Bid A & B and then determine which bid should be accepted by Supermart Inc.

  Evaluate clients financial statement balance for inventory

Evaluate clients financial statement balance for inventory

  Multiple choice question based on stock

multiple choice question based on stock valuation.1.nbspcarter corporation had net income of 250000 and paid dividends

  Paying out shares in the subsidiary

When a company spins off a subsidiary by paying out shares in the subsidiary as a dividend to shareholders and the level of a firm's FCF used to value its enterprise value is unaffected

  Create the balance sheet

A new company started business Feb 1 by issuing $350,000 of stock to investors. During Feb, $370,000 of services was provided to customers. At Feb 31, $83,200 of this amount had not been received in cash. Also at Fen 31, $47,600 of supplies were on h..

  What journal entry is made by the partnership

Jill Parsons purchases for $72,000 Jamar"s interest in the Tholen-Jamar partnership. Assuming that Jamar has a $68,000 capital balance in the partnership, what journal entry is made by the partnership to record this transaction?

  What is the balance of nance capital at rhe end of the year

Any remaining net income or net loss is shared equally. What is the balance of Nance's capital at rhe end of the year after net income has been distributed ?

  How does this compare to the overhead cost charged

Assume that in the current year, the company continues to allocate overhead based on labor hours. What would be the overhead cost of an 8-labor-hour job requested by Jasmine’s Fine Jewelry? How does this compare to the overhead cost charged to suc..

  Compute the cost of goods available for sale

Compute the cost of goods available for sale and the units available for sale for this four week period. Assume that no sales occur during those four weeks.

  Definitions of manufacturing concepts

Interstate Manufacturing produces brass fasteners and incurred the following costs for the year just ended.

  What does amount reported for cost of goods sold represent

Explain why or why not. Research computer systems methods you can use to record your transactions and create your financial statements and how can you tell? Does your company use accrual-based or cash-based accounting? How can you tell?

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