Lillian Fok is president of Lakefront Manufacturing, a producer of bicycle tires. Fok makes 1,200 tires per day with the following resources: Labor: Raw Material: Energy: Capital: 400 hours per day @ $12.50 per hour 20,000 pounds per day @ $1.50 per pound $5,250 per day $10,000 per day D a) Labor productivity per labor hour for these tires = tires/labor hour (round your response to two decimal places). Lillian Fok is president of Lakefront Manufacturing, a producer of bicycle tires. Fok makes 1,200 tires per day with the following resources: Labor: Raw Material: Energy: Capital: 400 hours per day @ $12.50 per hour 20,000 pounds per day @ $1.50 per pound $5,250 per day $10,000 per day D a) Labor productivity per labor hour for these tires = tires/labor hour (round your response to two decimal places).

Lillian Fok is president of Lakefront Manufacturing, a producer of bicycle tires. Fok makes 1,200 tires per day with the following resources: Labor: Raw Material: Energy: Capital: 400 hours per day @ $12.50 per hour 20,000 pounds per day @ $1.50 per pound $5,250 per day $10,000 per day D a) Labor productivity per labor hour for these tires = tires/labor hour (round your response to two decimal places). Lillian Fok is president of Lakefront Manufacturing, a producer of bicycle tires. Fok makes 1,200 tires per day with the following resources: Labor: Raw Material: Energy: Capital: 400 hours per day @ $12.50 per hour 20,000 pounds per day @ $1.50 per pound $5,250 per day $10,000 per day D a) Labor productivity per labor hour for these tires = tires/labor hour (round your response to two decimal places).

Cornerstones of Cost Management (Cornerstones Series)

4th Edition

ISBN:9781305970663

Author:Don R. Hansen, Maryanne M. Mowen

Publisher:Don R. Hansen, Maryanne M. Mowen

Chapter2: Basic Cost Management Concepts

Section: Chapter Questions

Problem 7CE: Jean and Tom Perritz own and manage Happy Home Helpers. Inc. (HHH), a house-cleaning service. Each...

See similar textbooks

Similar questions

Usher Dash is president of Dash Manufacturing, a producer of Go-Kart tires. Dash makes 870,000 tires per day with the following resources:Labor 1670 hours per day @ 225 per hourRaw Material 900,000 pounds per day @ Rs.10 per poundEnergy Rs.87,000 per dayCapital Rs.560,000 per daya) What is the labor productivity per labor hour for these tires?b) What is the multifactor productivity for these tires?c) What is the percentage change in multifactor productivity if Upton can reduce the energy bill by Rs.13,000 per day without cutting production or changing any other input?What is the capital productivity per tire per rupee?
?
Your plant produces 134 snowmobiles per month. Direct costs are $2,540 per snowmobile. The monthly overhead is $87,000. What is the average cost per snowmobile with overhead? Solve the problem
Need your help
Your plant produces 100 snowmobiles per month. Direct costs are $2,000 per snowmobile. The monthly overhead is $90,000. What is the average cost per snowmobile with overhead? Need help
What is the average cost per snowmobile with overhead.?
Your plant produces 100 snowmobiles per month. Direct costs are $2,000 per snowmobile. The monthly overhead is $90,000. What is the average cost per snowmobile with overhead? a. $2,000 b. $2,900 c. $29,000 d. $92,000
Woody’s Widget Shop has the following information: The average widgethas a sales price of $18; raw materials for the widget are $4; it takes30 minutes to assemble one widget; and production labor is paid $8 perhour. Operating expenses are as follows: salaries, $2,500 per week; insurance,$1,200 per quarter; rent, $3,000 per month; and utilities, $1,000 per month.a. How many widgets must be sold each month in order to break even?b. How many dollars in sales does this represent?c. What is the contribution margin for each widget sold?d. If the goal is to make $100,000 profit per month, how many widgets mustbe sold?
Suppose that you operate a business that produces widgets. What's a widget? A widget is a hypothetical product with no particular attributes or features to confuse us. Just widgets. In the course of a month, you produce 5,000 widgets. You only have three inputs when producing widgets; 1) factory space; 2) labor; and 3) raw materials. You pay rent of $3,000 per month. Your use of labor and raw materials depends on how many widgets you produce. When you produce 5,000 widgets, your labor costs are $4,000 and your raw material costs are $1,500. • What is your average cost (or average total cost) of producing 5,000 widgets? (Enter your answer without a dollars sign ($) in the following form: (i.e., dollars and cents) -'--
Eaton Manufacturing currently produces 1,000 bicycles per month. The following per unit data apply for sales to regular customers: 8 Direct materials $50 Direct manufacturing labor Variable manufacturing overhead $12 Fixed manufacturing overhead $15 Total manufacturing costs $85 The plant has capacity for 3,000 bicycles and is considering expanding production to 2,000 bicycles. What is the per unit cost of producing 2,000 bicycles?
Clone Computers assembles and packages personal computer systems from brand-name components. Its Home Office PC System is assembled from components costing $1400 per system and sells for $2000. Labour costs for assembly are $100 per system. This product line's share of overhead costs is $10,000 per month. a. How many Home Office systems must be sold each month to break even on this product line? b. What will be the profit or loss for a month in which 15 Home Office systems are sold?
help