Nevis' production data for a new deluxe product were taken from the most recent quarterly production budget: JulyAugustSeptemberPlanned production in units1,0001,100980In addition, Nevis produces 5,000 units a month of its standard product. It takes two direct labor hours to produce each standard unit and 2.25 direct labor hours to produce each deluxe unit. Nevis' cost per labor hour is $15. Direct labor cost for the quarter would be budgeted at:
A. $547,750.
B. $533,125.
C. $519,075.
D. $553,950.
E. None of the answers is correct.
Answer: D
You might also like to view...
Define treasury stock and provide two reasons why a corporation would purchase treasury stock
What will be an ideal response
Dark Chocolate, Inc, a U.S. firm, enters into an agreement with Columbiana Cacao, S.A., a South American firm, to fix the price of imported chocolate in the U.S. market. If the agreement is a per se violation of U.S. antitrust laws, a U.S. court could exercise jurisdiction over
A) Dark and Columbiana B) Dark only. C) Columbiana only. D) neither Dark nor Columbiana.
A large part of Jamal's job is to help his company use more recycled products, reduce pollution, and switch to renewable sources of energy. Which of the following does Jamal's job focus on?
A. collaboration B. cost competitiveness C. sustainability D. total quality E. innovation
Earnest money is the sum of money the home buyer pledges with the:
A. lender to guarantee the purchase. B. seller to indicate the intent to purchase. C. realtor for finding the desired home within a preset budget. D. lender to originate the loan. E. financial institution to prequalify for a mortgage loan.