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Daniel Inc.expects to sell 6,000 ceramic vases for $20 each in 2015.Direct materials costs are $2,direct manufacturing labour is $10,and manufacturing overhead is $3 per vase.Each vase requires 0.5 kilograms (kg) of material which is all added at the start of production.The units in work-in-process beginning and ending inventory were half complete as to direct labour and manufacturing overhead costs;the units in beginning inventory are completed before new units are started.Each vase requires one hour of direct labour,and manufacturing overhead is allocated based on direct labour hours.The following inventory levels are expected to apply to 2015:
-What are the 2015 budgeted costs for direct manufacturing labour?
Blue Income
Similar to "Red Income," this term does not have a recognized definition in economics and likely pertains to a specific, non-standard use.
Ambrosia
In mythology, it is the food or drink of the gods, thought to confer immortality, but in a general context, it refers to something very pleasing to taste or smell.
Seafloor Spreading
The process by which new oceanic crust is formed at mid-ocean ridges and moves away from the ridge, contributing to continental drift.
Subduction
When tectonic plates converge, the movement of one plate beneath another into the mantle is referred to as subduction.
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