Forty Winks Corporation manufactures night stands. The production budget shows that Forty Winks Corporation plans to produce 1 comma 900 night stands in March and 2 comma 000 night stands in April. Each night stand requires 0.5 direct labor hours in its production. Forty Winks Corporation has a direct labor rate of $ 14.00 per direct labor hour. What is the total combined direct labor cost that Forty Winks Corporation should budget in March and April?

Direct labor cost= $29,250

Explanation:

Giving the following information:

Production:

March= 1,900 nightstands

April= 2,000 nightstands

Each nightstand requires 0.5 direct labor hours in its production.

Forty Winks Corporation has a direct labor rate of $ 14.00 per direct labor hour.

First, we need to determine the number of hours required for each month:

March= 1,900*0.5= 950 hours

April= 2,000*0.5= 1,000 hours

Now, the combined cost:

Direct labor cost= 1,950*15

Direct labor cost= $29,250

the investment was $14,174.196

explanation:

a lump sum means that the father of the example made one deposit and leave it be.

we need to know the value of a capital that generated at 4.05% per year during 28 years the sum of $48,613.24

now clearing the formula to solve for capital we got:

and we reach the answer investment = $14,174.20

answerboth the short run phillips curve and the aggregate demand and aggregate supply model