7 Fast Wire Incorporated manufactures a scrambling device for cellular phones. The main component of the scrambling device is a very delicate part-DTV-12. DTV-12 requires careful handlings during manufacturing. Once damaged, the part must be discarded. Only skilled laborers are hired to manufacture and install DTV-12. Damages still occur, however. The following are the operating data of Fast Wire Incorporated for 2021 and 2022 relative to the insertion of DTV-12. Number of phones manufactured Units of DTV-12 used Direct labor hours for DTV-12 insertion Total cost of DTV-12 units Direct labor wage rate per hour The partial direct labor financial productivity ratio for 2022 is: Multiple Choice O O OO 0.28 0.36. 1.99. 3.10. 4.22. 2021 2022 785,302 1,033,292 963,300 1,078,000 2,350 3,205 $1,446,500 $2,336,500 $ 83.50 $ 104

7 Fast Wire Incorporated manufactures a scrambling device for cellular phones. The main component of the scrambling device is a very delicate part-DTV-12. DTV-12 requires careful handlings during manufacturing. Once damaged, the part must be discarded. Only skilled laborers are hired to manufacture and install DTV-12. Damages still occur, however. The following are the operating data of Fast Wire Incorporated for 2021 and 2022 relative to the insertion of DTV-12. Number of phones manufactured Units of DTV-12 used Direct labor hours for DTV-12 insertion Total cost of DTV-12 units Direct labor wage rate per hour The partial direct labor financial productivity ratio for 2022 is: Multiple Choice O O OO 0.28 0.36. 1.99. 3.10. 4.22. 2021 2022 785,302 1,033,292 963,300 1,078,000 2,350 3,205 $1,446,500 $2,336,500 $ 83.50 $ 104

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Q24 Fast Wire Incorporated manufactures a scrambling device for cellular phones. The main component of the scrambling device is a very delicate part—DTV-12. DTV-12 requires careful handlings during manufacturing. Once damaged, the part must be discarded. Only skilled laborers are hired to manufacture and install DTV-12. Damages still occur, however. The following are the operating data of Fast Wire Incorporated for 2021 and 2022 relative to the insertion of DTV-12. 2021 2022 Number of phones manufactured 606,000 730,000 Units of DTV-12 used 960,300 1,000,000 Direct labor hours for DTV-12 insertion 1,850 2,655 Total cost of DTV-12 units $ 1,444,000 $ 2,334,000 Direct labor wage rate per hour $ 68.50 $ 84 The partial operational productivity ratio of DTV-12 in 2022 is: Multiple Choice 3.00 per unit. 0.73 per unit. 0.63 per unit. 3.33 per unit. 1.92 per unit.