Bramble Corp. produces a product that requires 2.60 pounds of materials per unit. The allowance for waste and spoilage per unit is 0.30 pounds and 0.10 pounds, respectively. The purchase price is $2 per pound, but a 2% discount is usually taken. Freight costs are $0.10 per pound, and receiving and handling costs are $0.07 per pound. The hourly wage rate is $17 per hour, but a raise which will average $0.30 will go into effect soon. Payroll taxes are $1.70 per hour, and employee benefits average $3.40 per hour. Standard production time is 1 hour per unit, and the allowance for rest periods and setup is 0.20 hours and 0.10 hours, respectively. The standard direct labor rate per hour is $22.40. O $17.30. $22.10. $17.00.
Bramble Corp. produces a product that requires 2.60 pounds of materials per unit. The allowance for waste and spoilage per unit is 0.30 pounds and 0.10 pounds, respectively. The purchase price is $2 per pound, but a 2% discount is usually taken. Freight costs are $0.10 per pound, and receiving and handling costs are $0.07 per pound. The hourly wage rate is $17 per hour, but a raise which will average $0.30 will go into effect soon. Payroll taxes are $1.70 per hour, and employee benefits average $3.40 per hour. Standard production time is 1 hour per unit, and the allowance for rest periods and setup is 0.20 hours and 0.10 hours, respectively. The standard direct labor rate per hour is $22.40. O $17.30. $22.10. $17.00.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
![Bramble Corp. produces a product that requires 2.60 pounds of materials per unit. The allowance for waste and spoilage per unit is
0.30 pounds and 0.10 pounds, respectively. The purchase price is $2 per pound, but a 2% discount is usually taken. Freight costs are
$0.10 per pound, and receiving and handling costs are $0.07 per pound. The hourly wage rate is $17 per hour, but a raise which will
average $0.30 will go into effect soon. Payroll taxes are $1.70 per hour, and employee benefits average $3.40 per hour. Standard
production time is 1 hour per unit, and the allowance for rest periods and setup is 0.20 hours and 0.10 hours, respectively. The
standard direct labor rate per hour is
$22.40.
O $17.30.
$22.10.
$17.00.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F1a3057f9-4dbe-424a-ad9c-3cf01a23e6cc%2F4675976f-4420-42be-b9a4-67ca179ba065%2Fhtznbgs_processed.png&w=3840&q=75)
Transcribed Image Text:Bramble Corp. produces a product that requires 2.60 pounds of materials per unit. The allowance for waste and spoilage per unit is
0.30 pounds and 0.10 pounds, respectively. The purchase price is $2 per pound, but a 2% discount is usually taken. Freight costs are
$0.10 per pound, and receiving and handling costs are $0.07 per pound. The hourly wage rate is $17 per hour, but a raise which will
average $0.30 will go into effect soon. Payroll taxes are $1.70 per hour, and employee benefits average $3.40 per hour. Standard
production time is 1 hour per unit, and the allowance for rest periods and setup is 0.20 hours and 0.10 hours, respectively. The
standard direct labor rate per hour is
$22.40.
O $17.30.
$22.10.
$17.00.
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