y calculated. Question 47: Compute from the following information relating to a machine, machine hour rate: Cost of machine Scrap value Repairs for the effective working life Standing charges for four weekly period Effective working life 10,000 hours Power used 6 units @ 5 paise per unit in one hour Hours worked in four weekly period 1: 3 hour Number of machines in the workshop is 40 of which each bears equal charge. ₹ 11,000 680 1,500 1,600

y calculated. Question 47: Compute from the following information relating to a machine, machine hour rate: Cost of machine Scrap value Repairs for the effective working life Standing charges for four weekly period Effective working life 10,000 hours Power used 6 units @ 5 paise per unit in one hour Hours worked in four weekly period 1: 3 hour Number of machines in the workshop is 40 of which each bears equal charge. ₹ 11,000 680 1,500 1,600

Managerial Accounting: The Cornerstone of Business Decision-Making

7th Edition

ISBN:9781337115773

Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Chapter11: Performance Evaluation And Decentralization

Section: Chapter Questions

Problem 39E: (Appendix 11A) Manufacturing Cycle Efficiency Kurena Company provided the following information on...

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A manufacturing cell produces 40 units in five hours. What is the cycle time for the manufacturing cell? a. 8 units per hour b. 8 hours per unit c. 1/8 unit per hour d. 7.5 minutes per unit
Task 6. The following are consumed for the production of one unit: ➤ 18 kg of material A (price 1 € / kg and 3 m²) material B (price 2 € / m²) Direct labour per unit of product Estimated (planned) variable overheads per year Responsibility centre 14,000, € 1: Direct labour 70,000 h ===== ===== Responsibility centre 21 000, € Responsibility centre 1: 20 hours; rate 0,30€/h Responsibility centre 2: 30 hours; rate 0,50€/h Calculates: 1. variable production costs per unit 2. unit cost of production 3. full cost of one unit 2: Direct labour 180 000 h Estimated (planned)fixed overheads and general operating expenses per year Production costs - 100,000 € Selling expenses -30 000 € Administration expenses -15 000 €
O e. $2,636 Company XYZ uses machine hours to allocate its manufacturing overhead. The company estimates that total machine hours to be operated next year are 190,000 hours. The estimated variable overhead is $9 per hour and the estimated fixed overhead costs are $152,000. Calculate the predetermined overhead rate. Select one: O a. $10.80 O b. $9.80 O c. $0.10 O d. $0.80 O e. None of the answers given Finish attempt . ge OADUa Prisc F9 F6 F7 F3 F4 F2 23 24 8 6 3
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Task 6. The following are consumed for the production of one unit: ➤18 kg of material A (price 1 € / kg and 3 m²) material B (price 2 € / m²) Direct labour per unit of product Responsibility centre 1: 20 hours; rate 0,30€/h ==== Responsibility centre 2: 30 hours; rate 0,50€/h Calculates: Estimated (planned) variable overheads per year Responsibility centre 1: 14,000, € Direct labour 70,000 h Responsibility centre 2: 21 000, € Direct labour 180 000 h 1. variable production costs per unit 2. unit cost of production 3. full cost of one unit Estimated (planned) fixed overheads and general operating expenses per year Production costs - 100,000 € Selling expenses -30 000 € Administration expenses -15 000 €
Ilustration 5.8: From the following information, compute machine hour rate : Rs.44,000 Rs.4,000 Rs.25,000 Cost of the machine Scrap value Rent for the workshop(per annum) General lighting for the workshop (per month) Power consumption 20 units per hour Rs.160 : Rs.20 per 100 units Administrative expenses allocated to the machine (p.a.) : Rs.4,000 Repairs and maintenance Workshop supervisor's salary (per month) Estimated working time per year Setting up time which is regarded as productive time (p.a.) : 75% of depreciation Rs.3,000 : 50 weeks of 40 hours : 200 hours Effective life of the machine 10 years The machine occupies 1/4" area of the workshop. The supervisor is expected to devote 1/3rd of his time in supervising the machine. [Rs.18.47]
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Activity Rates and Product Costs using Activity-Based Costing Lonsdale Inc. manufactures entry and dining room lighting fixtures. Five activities are used in manufacturing the fixtures. These activities and their associated budgeted activity costs and activity bases are as follows: Budgeted Activity Activity Cost Activity Base Casting $215,160 Machine hours Assembly 189,550 Direct labor hours Inspecting 30,520 Number of inspections Setup 39,730 Number of setups Materials handling 36,960 Number of loads Corporate records were obtained to estimate the amount of activity to be used by the two products. The estimated activity-base usage quantities and units produced follow: Activity Base Entry Dining Total Machine hours 5,180 4,600 9,780 Direct labor hours 4,460 6,690 11,150 Number of inspections 1,660 520 2,180 Number of setups 230 60 290 Number of loads 700 180 880 Units produced 10,400 5,200 15,600 a. Determine the activity rate for each activity. If required, round the rate to the…
Problem 1 The Denmark Company estimates its factory overhead for the next period at P 425,000. It is estimated that 500.000 units will be produced at a materials cost of P 1,000,000 and will require 250.000 direct labor hours at an estimated cost of P1,062,500. The machines will run about l100,000 hours. Required: The predetermined factorv overhead rate based on: 1. Material cost 2. Units of production 3. Machine hours 4. Direct labor cost 5. Direct labor hours Cs Scanned with CamScanner
If a company recovers its overheads on the basis of direct labour hours, how much will the labour hours rate be if the cost centre overhead is £100,000 and 550 hours are worked? A £121.21 B £141.41 C £161.61 D £181.81
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