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Lasted Co. is planning to sell 400 hair dryers and produce 320 hair dryers during March. Each hair dryer requires 600 grams of plastic and 30 minutes of direct labor. Plastic costs $0.20 per gram and employees of the company are paid $15 per hour. Manufacturing overhead is applied at a rate of 111% of direct labor costs. Lasted Co. has 350 grams of plastic in beginning inventory and wants to have 500 grams in ending inventory. How much is the total amount of budgeted direct labor for March?
Assume that the division is using absorption costing and that the divisional manager is giben an annual bonus based on divisional operating income. If Mr Cavalas wants to maximize his division's operating income for the year,how many units should ..
The partnership contract for Hanes and Jones LLP provides that Hanes is to receive a bonus of 20% of net income (after the bonus) and that the remaining net income is to be divided equally. If the partnership income before the bonus for the year i..
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