Business
Business, 18.12.2019 01:31, haidenmoore92

Jason, inc. produces leather purses. jason has developed a static budget for the first quarter, based on 20,000 direct labor hours. during the quarter, the actual activity was 22,000 direct labor hours. data for the first quarter are summarized as follows: static budget (20,000 hours) actual costs (22,000 hours) direct materials cost $ 80,000 $ 87,000 direct labor cost 160,000 174,000 building rental 48,000 50,000 total $288,000 $311,000 what is the flexible budget amount for the first quarter?

a.$311,000
b.$261,000
c.$288,000
d.$312,000
e. cannot be determined.

answer
Answers: 1

Other questions on the subject: Business

image
Business, 22.06.2019 16:00, hany90
Arnold rossiter is a 40-year-old employee of the barrington company who will retire at age 60 and expects to live to age 75. the firm has promised a retirement income of $20,000 at the end of each year following retirement until death. the firm's pension fund is expected to earn 7 percent annually on its assets and the firm uses 7% to discount pension benefits. what is barrington's annual pension contribution to the nearest dollar for mr. rossiter? (assume certainty and end-of-year cash flows.)
Answers: 2
image
Business, 22.06.2019 19:00, lonelynomad00
Adrawback of short-term contracting as an alternative to making a component in-house is thata. it is the most-integrated alternative to performing an activity so the principal company has no control over the agent. b. the supplying firm has no incentive to make any transaction-specific investments to increase performance or quality. c. it fails to allow a long planning period that individual market transactions provide. d. the buying firm cannot demand lower prices due to the lack of a competitive bidding process.
Answers: 2
image
Business, 22.06.2019 23:10, najsha
Which of the following best explains the purpose of a strike? a. to pressure employers to increase the minimum wage. b. to make sure that producers don't make any profit. c. to get employers to submit to collective bargaining. d. to prevent employers from taking industrial action.
Answers: 2
image
Business, 23.06.2019 11:00, ellarsteers
The average month end closing stock price for company a over the past year is $34.57 with a standard deviation of $4.65. the average month end closing stock price for company b over the same period is $26.15 with a standard deviation of $7.45. based on this data, we can conclude that the stock price for company a is more consistent when compared to the stock price for company b.
Answers: 3
Do you know the correct answer?
Jason, inc. produces leather purses. jason has developed a static budget for the first quarter, base...

Questions in other subjects: