Budgeted direct labor costs

Assignment Help Accounting Basics
Reference no: EM13145136

LDG Corporation makes and sells a product called Product WZ. Each unit of Product WZ requires 2.0 hours of direct labor at the rate of $10.50 per direct labor-hour. Management would like you to prepare a Direct Labor Budget for June.

The company plans to sell 22,000 units of Product WZ in June. The finished goods inventories on June 1 and June 30 are budgeted to be 100 and 400 units, respectively. Budgeted direct labor costs for June would be:

a. $234,150

b. $468,300

c. $462,000

d. $455,700

Reference no: EM13145136

Questions Cloud

Find possibility that the protein is an integral protein : Suppose the protein proves to be an integral protein, either type I or type II; suggest biochemical or chemical experiments that might allow you to determine which type it is.
What is the amount of zinc chloride that is produced : Zn + 2HCl → ZnCl2 + H2  If 0.600 gram of zinc is used, what is the amount of zinc chloride that is produced in the above reaction?
Find value of c weight of randomly selected bag : Normally distributed with a mean of 48.06 pounds and a standard deviation of 3.57 pounds. Let X represent the weight of a randomly selected bag. For what value of c is P(E(X) - c
Explain consider a rigid adiabatic impermeable cylinder : Consider a rigid, adiabatic, impermeable cylinder (i.e., a closed isolated system) that consists of two chambers (i.e., simple systems) that are separated by a wall that is permeable
Budgeted direct labor costs : The company plans to sell 22,000 units of Product WZ in June. The finished goods inventories on June 1 and June 30 are budgeted to be 100 and 400 units, respectively. Budgeted direct labor costs for June would be:
What is the value of heat : suppose that coal of density 1.5g/cm3 is pure carbon. the combustion of carbon is described by the question   C(s)+ 02(g)- CO2 H= -394kJ
Create confidence interval for the true mean order size : Construct a 95 percent confidence interval for the true mean order size. (b) How could the confidence interval be made narrower? (c) Do you think the population is normal?
How many bacterial cells are necessary to start a colony : what is the adaptive advantage of having the system to propel sporangia as seen in pilobolus?
Theoretical frameworks that might be used in a research : The manner of collection of information and kind of research question would vary as each would have to specifically be related to that given segment and the level of communication and personal and institution experiences and interaction would also..

Reviews

Write a Review

Accounting Basics Questions & Answers

  Gift tax liability under the assumption

What is her 2010 gift tax liability under the assumption that she made the $200,000 of taxable gifts in 1974 instead of 1997?

  Pension plans-overtime pay-basic wages

What are four safeguards that the ERISA legislation specified to address the many obstacles employees faced with pension plan funding? How did the Pension Protection Act add additional requirements to the protection of these plans?

  Professionalism in accounting

State how the concept of "professionalism" in the public accounting industry shifted or evolved between Federal Trade Commission's "restraint of trade" decision in the early 1970s and today, several years following passage of the Sarbanes-Oxley Ac..

  Joint cost allocation

Elsie Dairy Products Corp. buys one input, full-cream milk, and refines it in a churning process. Allocate the $31,680 joint cost to the spreadable butter and the buttermilk using the following (show work):

  What is the target cost

Ports Pans is considering the production of a new line of pottery. Based on preliminary market research, management has decided that each pot should be priced at $60. Furthermore, management believes that the profit margin should be 40 percent of ..

  Computing estimated cost of missing inventory

A physical inventory taken on December 31, 2010, resulted in an ending inventory of $700,000. Keen"s gross profit on sales has remained constant at 25% in recent years. Keen suspects some inventory may have been taken by a new employee. At Decembe..

  What information do you give to the client

When you request the additional information from the client, she tells you that she has no more documentation and that is all you can be given.

  Summary of asset treatment in business

Write a summary of asset treatment in a business. Examine the aspects of acquisition, depreciation, revising periodic depreciation, expenditures during useful life, and the three different means of disposal.

  Government and nonprofit accounting

Some, but not all, contributions of goods and services are given accounting recognition. In each of the following scenarios, an organization receives a contribution in kind. Prepare journal entries, as necessary, to give them accounting recognitio..

  Company reported income

Wenger Company reported income before taxes of $600,000 and an extraordinary loss of $150,000. Assume that the company's tax rate is 30%. What amounts will be reported on the income statement for income before irregular items and extraordinary ite..

  Why is the materiality of a transaction

Does the concept of materiality mean that financial statements are not precise, down to the last dollar? Does this concept make financial statements less use full to most users?

  Accounting as a proprietary fund

Which of the following funds of a government uses the same basis of accounting as a proprietary fund?

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!

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