Holt Products manufactures desktop computers. Management has determined that each computer has a standard labor cost of $75.00 when 5 hours of labor at a cost of $15.00 per hour are used. The static budget for the month of April showed an estimated production of 4,200 computers. During April, 4,500 computers were actually produced. The actual direct labor cost for each computer was $85.80 when
5.5 hours of labor at a cost of $15.60 per hour was used. What should be the total direct labor cost according to Holt's flexible budget for April?
A) $360,360
B) $315,000
C) $337,500
D) $386,100
C
You might also like to view...
Greer Company purchased land for $256,000 . Additional costs include a $15,300 fee to a broker, a survey fee of $2,400, $1,750 to construct a fence and a legal fee of $8,500 . What is the cost of the land?
a. $256,000 b. $282,200 c. $284,600 d. $281,000
? Swiger Music Company had the following information related to its financial statements: 1) The company issued bonds in the amount of $50,000. 2) The company earned net income of $78,900 and declared a cash dividend of $0.25 per share. Currently there are 50,000 shares outstanding. 3) Retained earnings at January 1, 2016 was $82,000. ? ? ? Required: Prepare the reconciliation of retained earnings for December 31, 2016.
What will be an ideal response?
By statute, an insurance policy may be either oral or written, depending on the nature of the policy
Indicate whether the statement is true or false
The Physical Layer of the OSI model is
a. responsible for transmission of bits b. responsible for routing c. responsible for isolating the lower layers from the upper layers d. responsible for checking for errors