Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
Related questions
Question
What is the trend in hours?
![This discussion is related to Making a Decision, MAD 16-1 of your text (page
832). The text gives you company details and asks for your analysis about two
items, 1) the labor cost per unit (one sports coat) and 2) the labor hours per unit.
I have started you off by completing the calculations for you! Take a look at the
following tables:
Total Direct Labor
Cost
Direct Labor
Cost/Unit
Job
Count
107
63.00
|10
6.30
125
98.00
14
7.00
160
123.20
16
7.70
|192
51.20
6.40
Total Direct Labor
Direct Labor
Job
Count
Hours
Hours/Unit
107
4.5
10
.45
|125
7.0
14
.50
|160
8.8
16
.55
192
3.2
.40](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F5ba705dd-ebfc-486d-8b4a-1d56ca7ea529%2Fedd89cdd-1ae5-44ed-a8d0-8ba9a7d65ec5%2Fhqe8igt_processed.png&w=3840&q=75)
Transcribed Image Text:This discussion is related to Making a Decision, MAD 16-1 of your text (page
832). The text gives you company details and asks for your analysis about two
items, 1) the labor cost per unit (one sports coat) and 2) the labor hours per unit.
I have started you off by completing the calculations for you! Take a look at the
following tables:
Total Direct Labor
Cost
Direct Labor
Cost/Unit
Job
Count
107
63.00
|10
6.30
125
98.00
14
7.00
160
123.20
16
7.70
|192
51.20
6.40
Total Direct Labor
Direct Labor
Job
Count
Hours
Hours/Unit
107
4.5
10
.45
|125
7.0
14
.50
|160
8.8
16
.55
192
3.2
.40
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