2) Vision Enterprises manufactures digital video equipment. For each unit, $3,00

Question

2) Vision Enterprises manufactures digital video equipment. For each unit, $3,000 of direct material is used and there is $2,000 of direct manufacturing labor at $20 per hour. Manufacturing overhead is applied at $25 per direct manufacturing labor hour. Calculate the profit earned on 50 units if each unit sells for $9,000. A) $65,000 B) $80,000 C) $75,000 D) $2,500 Answer the following questions using the information below: Roiann and Dennett Law Office employs 12 full-time attorneys and 10 paraprofessionals. Direct and indirect costs are applied on a professional labor-hour basis that includes both attorney and paraprofessional hours. Following is information for 2014: Indirect costs Annual salary of each attorney Annual salary of each paraprofessional Total professional labor-hours $270,000 $100,000 $ 29,000 $300,000 $110,000 $30,000 50,000 dlh60,000 dlh

Explanation / Answer

As only the first question is complete and the information in second question is missing so I am doing only first question. Calculation of profit: Particulars Amount Sales (50*9000) 450000 Less: Direct material (50*3000) 150000 Less: Direct labor (50*2000) 100000 Less:Manufacturing overhead(5000 labor hours*25) 125000 Profit 75000 So correct answer is C)$75000 Working calculation of labor hours: Labour hours= Total ldirect labor cost/ cost per labor hour                         =100000/20=5000 labor hours

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