What will be the total labor cost for the month of august

Assignment Help Accounting Basics
Reference no: EM131761938

Ajax Inc. produces metal widgets. The sales budget for the next four months is: July 5,000 units, August 7,000, September 7,500, October 8,000. Ajax Inc.'s ending finished goods inventory policy is 10% of the following month's sales. Each widget requires 1.3 hours of unskilled labor (paid $8 per hour) and 2.2 hours of skilled labor (paid $15 per hour). What will be the total labor cost for the month of August?

Reference no: EM131761938

Questions Cloud

What is the average and median duration of the journeys : What is the average and median duration of the journeys? Hint: You may find it helpful to create and addition column in excel to hold the calculated journey
Case strudy-foster care versus orphanages : Foster care versus orphanages Do abandoned children placed in foster homes do better than similar children placed in an institution?
Discuss problem related to frozen batteries : Frozen batteries Will storing batteries in a freezer make them last longer? To find out, a company that produces batteries takes a random sample.
Discuss the ethical considerations for information privacy : how these considerations should be addressed with a corporate policy. Provide support for your rationale
What will be the total labor cost for the month of august : Each widget requires 1.3 hours of unskilled labor. What will be the total labor cost for the month of August
Problem on-who talks more-women or men : Who talks more-women or men? According to Louann Brizendine, author of The Female Brain, women say nearly three times as many words per day as men.
Study the effect of regular attendance at religious services : Attend church, live longer? One of the better studies of the effect of regular attendance at religious services gathered data from a random sample of 3617.
Explain how researchers controlled for other variables : Chocolate gets my heart pumping Cardiologists at Athens Medical School in Greece wanted to test whether chocolate affected blood flow in the blood vessels.
What type of design did the researchers use in the study : Look, Ma, no hands! Does talking on a hands-free cell phone distract drivers? Researchers recruit 40 student subjects for an experiment to investigate.

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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