User Account

All Pages

What is the monthly labour cost of the company

Assignment Help Accounting Basics
Reference no: EM133141492

Question - A company manufactures two products, A and B. The following information is available:

Product A

Product B

Number of units produced per month

2.800

4,200

Labour time per unit (minutes)

48

36

Unavoidable non productive labour time is 25% of productive time, and is paid at $3 per hour.

Labour is paid $8 per unit of product A produced and £6 per unit of product B. What is the monthly labour cost of the company?

A. $40,740

B. $53,970

C. $54,180

D. $51,170

Reference no: EM133141492

Questions Cloud

Describe two different roes an investment bank may play : Describe two different roes an investment bank may play in this type of transaction (ie. Buy-side, sell-side, fairness opinion)
Prepare a detailed report on how you successfully completed : Prepare a detailed report on how you successfully completed - screenshots must contain the timestamp as a proof of your work
Identify main functions of proposed information system : Identify the main functions of your proposed information system and why they are important to the business.
Institutions influence us and global economies : Research how financial markets and institutions influence the US and global economies.
What is the monthly labour cost of the company : Labour is paid $8 per unit of product A produced and £6 per unit of product B. What is the monthly labour cost of the company
What amount should joey report as prior period adjustment : Both the P170,000 and the P130,000 are net of related income taxes. What amount should Joey report as prior period adjustment in 2023
Interview business leader who you perceive models : Interview a Business Leader who you perceive models or applies ethical business practices.
Evaluate current legal requirements influencing a hr plan : Evaluate the current legal requirements influencing a HR plan and Critically evaluate how organisational culture affects recruitment and retention of staff
What was the closing inventory valuation in February : Selling price and all other costs were stable throughout the quarter. What was the closing inventory valuation in February

Reviews

Write a Review

Accounting Basics Questions & Answers

  What is the income from continuing operations

The company has reported Net Income of $6.1 million. What is the income from continuing operations to be reported on the income statement for the year

  What other cash-flow issues should investors look out for

Many have stated that the Statement of Cash Flows, What other cash-flow issues should investors look out for before relying on related ratios and/or statements?

  Pact company had net income of 972000 based on variable

pact company had net income of 972000 based on variable costing. beginning and ending inventories were 7800 units and

  How much interest revenue will kelemen record on

Kelemen Asset Management invested in the bonds of DEF Co. on? Kelemen intends to hold the bond until maturity. How much interest revenue will Kelemen record on?

  What is your mortgage debt service ratio

If your gross monthly income is $4,000 per month and your tax rate is 20 percent, what is your mortgage debt service ratio

  Employer payroll taxes fica taxes 8 federal unemployment

the following payroll liability accounts are included in the ledger of armitage company on january 1 2010.fica taxes

  What is jeremy total income tax liability

Jeremy earned $100,000 in salary and $6,000 in interest income during the year. Jeremy has two qualifying dependent children who live with him.

  Drawbacks of the fiscal and monetary policies

What are the different instruments of fiscal and monetary policies which are available for supervising the banks and its defaults

  Difference between financial and managerial reporting

What is the difference between financial and managerial reporting? Discuss several of the reports available in QuickBooks

  Compute the ending inventory for miller company

Use the dollar-value LIFO method to compute the ending inventory for Miller Company for 2016 through 2020

  You are asked to travel to milwaukee to observe and verify

you are asked to travel to milwaukee to observe and verify the inventory of the milwaukee branch of one of your

  Find what is the break-even point in unit sales

Oslo Company prepared the following contribution format income statement based on a sales volume of 1,000 units. What is the break-even point in unit sales?

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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