Chapter 3, Problem 6ICA

The project benefit obligation was unfunded by?

Perry Industries is preparing its direct labor budget for the next two months. Each unit of output requires 0.85 direct labor hours. The direct labor rate is $12 per direct labor hour. The production budget calls for producing 7,200 units in June and 7,000 units in July. The company guarantees its direct labor employees a 40-hour paid work week, and with the current workforce, this means they are committed to paying for at least 5,900 labor hours per month, even if there isn't enough work to occupy all that time. What would be the total combined direct labor cost for the two months?

What was the company's accrual basis net income for the month ?

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A firm sells 3,800 units of an item each year. The carrying cost per unit is $3.56 and the fixed costs per order are $84. What is the economic order quantity? (Please round units to the nearest whole number)

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