5 Rehmer Corporation is working on its direct labor budget f

5)

Rehmer Corporation is working on its direct labor budget for the next two months. Each unit of output requires 0.09 direct labor-hours. The direct labor rate is $7.60 per direct labor-hour. The production budget calls for producing 5,000 units in June and 5,500 units in July.

Construct the direct labor budget for the next two months, assuming that the direct labor work force is fully adjusted to the total direct labor-hours needed each month. (Round your answers to 2 decimal places.)

6)

Aguilera Industries is a division of a major corporation. Data concerning the most recent year appears below:

The division\'s return on investment (ROI) is closest to: (Round your answer to 2 decimal places.)

Fabio Corporation is considering eliminating a department that has a contribution margin of $34,000 and $68,000 in fixed costs. Of the fixed costs, $17,000 cannot be avoided. The effect of eliminating this department on Fabio\'s overall net operating income would be:

a decrease of $34,000.

an increase of $34,000.

a decrease of $17,000.

an increase of $17,000.

8)

Chee Corporation has gathered the following data on a proposed investment project: (Ignore income taxes in this problem.)

What is the materials quantity variance for the month? (Input the amount a as positive value. Leave no cells blank - be certain to enter \"0\" wherever required. Indicate the effect of each variance by selecting \"F\" for favorable, \"U\" for unfavorable, and \"None\" for no effect (i.e., zero variance.)

      

Rehmer Corporation is working on its direct labor budget for the next two months. Each unit of output requires 0.09 direct labor-hours. The direct labor rate is $7.60 per direct labor-hour. The production budget calls for producing 5,000 units in June and 5,500 units in July.

Solution

As per chegg guidelines we answer one question per post. But I have answered multiple questions. Kindly post remaining questions in next post Dear Student Thank you for using Chegg Please find below the answer Statementshowing Computations Paticulars June July Production in units                   5,000.00                5,500.00 No of hours per unit                            0.09                        0.09 Hours required for production                       450.00                    495.00 Direct labour rate perhour                            7.60                        7.60 Budgeted Direct labour cost                   3,420.00                3,762.00 Q6 Sales         17,560,000.00 Net operating income           1,071,160.00 Average operating assets           4,300,000.00 Turnover = 17560,000/4300,000                            4.08 Margin % = 1071,160/17,560,000 6.10% ROI = 4.08*6.10% 24.91% Q7 Contribution margin                 34,000.00 Relevant fixed costs = 68000 -17000                 51,000.00 Income = 34000 - 51000               (17,000.00) a decrease of $17,000.