Based on the following information, which of these statements is false? Time Period 1st Quarter 2nd Quarter 3rd QuarterBeginning finished goods (units) 5,000 4,000 12,000Projected sales units 50,000 40,000 120,000Desired ending finished goods (units) 4,000 12,000 15,000Direct labor completes 2 units per hour at $8 per hourWhich of the following statements is false?:1. Direct labor hours for the 3rd quarter will be 66,000.2. Direct labor cost for the 4th quarter cannot be determined. 3. 150,000 sales units are projected for the 4th quarter. 4. Direct labor cost for the 2nd quarter will be $192,000.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Based on the following information, which of these statements is false? Time Period 1st Quarter 2nd Quarter 3rd QuarterBeginning finished ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
Forest & field company makes and leases a backhoe to zach. due to a defect attributable to forest & field's negligence, zach is injured in an accident in which his neighbor is also hurt.
Answers (1)
In an equipment replacement decision, the cost of the old equipment is a (n) A. Incremental cost B. sunk cost C. Relevant costs D. Opportunity cost
Answers (1)
The profile of five partnerships firms
Answers (1)
Which step in the consumer decision-making process is a result of an imbalance between actual and desired states?
Answers (1)
If the price of flash memory chips used in manufacturing smartphones decreases, what will happen in the market for smartphones? how will the equilibrium price and equilibrium quantity of smartphones change?
Answers (1)
New Questions in Business
Assume that a speculator purchases a put option on British pounds (with a strike price of $1.50) for $.05 per unit. A pound option represents 31,250 units. Assume that at the time of the purchase, the spot rate of the pound is $1.
Answers (1)
In January the company produced 4,400 units using 10,180 pounds of the direct material and 2,160 direct labor-hours. During the month, the company purchased 10,750 pounds of the direct material at a cost of $76,630.
Answers (1)
The business judgment rule has been replaced by good faith statutes in most states. True or False
Answers (1)
Replace present refrigerators with similar refrigerators at a cost of $20 x 106. Option 2. Replace present refrigerators with lake-source cooling at a cost of $50 x 106. However, the lake-source cooling would save 1.
Answers (1)
For February, sales revenue is $700,000; sales commissions are 5% of sales; the sales manager's salary is $96,000; advertising expenses are $90,000; shipping expenses total 2% of sales;
Answers (1)