What indirect labor cost included in the planning budget are

Assignment Help Accounting Basics

Reference no: EM132703413

Planet Manufacturing Corp. is using the following flexible-budget formula for annual indirect labor cost:

Total Cost = P 12,000 + P .75 per machine hour

For the month of June, the operating budget is based upon 10,000 hours of planned machine time.

Problem 1: Indirect labor costs included in this planning budget are

a. P 7,500

b. P 17,500

c. P 8,500

d. P 19,500

Reference no: EM132703413

Questions Cloud

Assignment - Staffing Plan for a Growing Business : Assignment - Staffing Plan for a Growing Business - determine which model would be best suited for efficiency, productivity, and possible future growth

What is the fixed portion of quantum company maintenance : Quantum Company wishes to determine the fixed portion, What is the fixed portion of Quantum Company's maintenance expense, rounded to the nearest pesos?

Propose developing one for organization : What does your organization do to effectively train new board members?

Describe social responsibility initiatives : Describe 3-4 social responsibility initiatives and analyze how McDonald's benefits (i.e., profits) from each initiative

What indirect labor cost included in the planning budget are : What Indirect labor costs included in the planning budget are? For the month of June, the operating budget is based upon 10,000 hours of planned machine time.

Sort of special intellectual capital management : What sort of special Intellectual Capital (IC) management problems does this present for a firm beyond issues related to the development of its IT infrastructur

Evaluate how much is cost of goods sold : How much is Cost of Goods Sold? Overhead for the month was P9,600. If there were 1,500 direct labor hours and P21,000 of raw material purchased.

What the painting may be intended to accomplish : Choose one of the three images below, and think about it in terms of what John Berger calls "ways of seeing" (from unit 4). Write a 150-300-word discussion.

What is the impact of beliefs in the workplace : What is the impact of beliefs in the workplace? What is the impact of attitudes in the workplace?

User Account

All Pages