Question 19 of 20 < > View Policies Current Attempt in Progress -/11 E: Concord's Piano Service, Inc. is trying to establish the standard labor cost of tuning a typical piano. The following data have been collected from time and motion studies conducted over the past three months. Actual time spent on tuning a piano Hourly wage rate 1.25 hours $50 14 % of wage rate Payroll taxes Setup and downtime Travel and rest periods Fringe benefits 92 5% of actual labor time 15 % of actual labor time 20 % of wage rate (a) Determine the standard direct labor hour per each piano that is tuned. (Round your intermediate calculations and final answer to 2 decimal places, e.g. 15.25.) Standard direct labor hour hours N W Save for Later 80 888 F4 F3 $ 4 #3 % 5 MacBook Air 66 27 & Attempts: 0 of 1 used Submit Answer F8 DA F9 00 F7 Dll 00 8 E R T Y U F10 9 0 - 0 S D F G H J K C

Question 19 of 20 < > View Policies Current Attempt in Progress -/11 E: Concord's Piano Service, Inc. is trying to establish the standard labor cost of tuning a typical piano. The following data have been collected from time and motion studies conducted over the past three months. Actual time spent on tuning a piano Hourly wage rate 1.25 hours $50 14 % of wage rate Payroll taxes Setup and downtime Travel and rest periods Fringe benefits 92 5% of actual labor time 15 % of actual labor time 20 % of wage rate (a) Determine the standard direct labor hour per each piano that is tuned. (Round your intermediate calculations and final answer to 2 decimal places, e.g. 15.25.) Standard direct labor hour hours N W Save for Later 80 888 F4 F3 $ 4 #3 % 5 MacBook Air 66 27 & Attempts: 0 of 1 used Submit Answer F8 DA F9 00 F7 Dll 00 8 E R T Y U F10 9 0 - 0 S D F G H J K C

Cornerstones of Cost Management (Cornerstones Series)

4th Edition

ISBN:9781305970663

Author:Don R. Hansen, Maryanne M. Mowen

Publisher:Don R. Hansen, Maryanne M. Mowen

Chapter7: Allocating Costs Of Support Departments And Joint Products

Section: Chapter Questions

Problem 1CE: The expected costs for the Maintenance Department of Stazler, Inc., for the coming year include:...

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/1 View Policies Current Attempt in Progress port Presented below are data relating to labor for Verde Appliance Repair Shop. Repair-technicians' wages $132,600 40,800 Fringe benefits 66,300 Overhead The desired profit margin per hour is $23. The material loading charge is 60% of invoice cost. Verde estimates that 5,100 labor hours will be worked next year. If Verde repairs a dishwasher that takes 1.5 hours to repair and uses parts of $60, compute the bill for the job. Total cost 8:50 PM 4 ) 11/18/2019 hp Su prt sc delete home end pg up
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The expected costs for the Maintenance Department of Stazler, Inc., for the coming year include: Fixed costs (salaries, tools): 64,900 per year Variable costs (supplies): 1.35 per maintenance hour Estimated usage by: Actual usage by: Required: 1. Calculate a single charging rate for the Maintenance Department. 2. Use this rate to assign the costs of the Maintenance Department to the user departments based on actual usage. Calculate the total amount charged for maintenance for the year. 3. What if the Assembly Department used 4,000 maintenance hours in the year? How much would have been charged out to the three departments?
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