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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Q: Calculate the hourly owning cost of the crawler tractor shown Its details are below: 1 Initial purchase cost = 106 * 300 dinars. 2. The cost of transportation = 106 * 2 dinars. 3. The annual downtime cost = 106 * 4.5 dinars. 4 The cost of tires = 106 * 4 dinars. 5. The useful life of the machine = 10 years 6. Tire useful life = 1500 hours 7. Number of operating hours = 2500 hours 8. Investment rate = 10%. 9. The cost of repair and maintenance = 20% of the annual depreciation cost. Note: Use the sum of the numbers of the years method to calculate the extinction)
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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Question 17 You are contemplating leaving your full-time employment to concentrate your ability on the marketing of a new low-energy portable heater. You have spoken to a group of manufacturers of similar product, and you have produced the following data based upon the production of 1200 heaters in the six months to December 31, 2021. R R Unit selling price 160 Less: Direct materials 50 Direct labour 30 Fixed Overheads: Admin 4.00 Rent 7.50 Rates…
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Question 11 You are contemplating leaving your full-time employment to concentrate your ability on the marketing of a new low-energy portable heater. You have spoken to a group of manufacturers of similar product, and you have produced the following data based upon the production of 1200 heaters in the six months to December 31, 2021. R R Unit selling price 160 Less: Direct materials 50 Direct labour 30 Fixed Overheads: Admin 4.00 Rent 7.50 Rates…
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A https://camdenccinstructure.com/courses/3788/assignmen Question 6 -/1 View Policies Current Attempt in Progress pport Marigold Corp. recorded operating data for its auto accessories division for the year. $610000 Sales Contribution margin 140000 Total direct fixed costs 90000 Average total operating assets 200000 How much is RỒI for the year if management is able to identify a way to improve the contribution margin by $10000, assuming fixed costs are held constant? O 25% O 30% O 75% O 15%