Sandhill Remanufacturing rebuilds spot welders for manufacturers. The following budgeted cost data for 2022 are available forSandhill:Technicians' wages and benefitsParts manager's salary and benefitsOffice employee's salary and benefitsOther overheadTotal budgeted costs(a)Your answer is correct.Time Charges Material Loading ChargesRate charged$192.240$56,96028,480$277,680The company wants a $40 profit margin per hour of labour and a 20% profit margin on parts. It has budgeted for 7.120 hours of repairtime in the coming year and estimates that the total invoice cost of parts and materials in 2022 will be $366,000.Calculate the rate charged per hour of labour.$40,26011,89579 per hour18,300$70,455 Your answer is correct.Calculate the material loading percentage. (Round answer to 3 decimal places, e.g. 15.251%)(c)Material loading percentageeTextbook and Media.Total estimated billWildhorse Corporation has asked for an estimate on rebuilding its spot welder. Sandhill estimates that it would require 35 hoursof labour and $2,300 in parts. Calculate the total estimated bill. (Round answer to 2 decimal places, e.g. 15.25.)eTextbook and Medial39.25 %Save for LaterAttempts: 1 of 2 usedAttempts: 0 of 2 usedSubmit Answer

Labor cost is calculated by multiplying labor rate per hour by labor hours used during the period.…

Your answer is correct. Calculate the material loading percentage. (Round answer to 3 decimal places, eg. 15.251%) (c) Material loading percentage eTextbook and Media. Total estimated bill Wildhorse Corporation has asked for an estimate on rebuilding its spot welder. Sandhill estimates that it would require 35 hours of labour and $2,300 in parts. Calculate the total estimated bill. (Round answer to 2 decimal places, e.g. 15.25.) eTextbook and Medial 39.25 % Save for Later Attempts: 1 of 2 used Attempts: 0 of 2 used Submit Answer

Your answer is correct. Calculate the material loading percentage. (Round answer to 3 decimal places, eg. 15.251%) (c) Material loading percentage eTextbook and Media. Total estimated bill Wildhorse Corporation has asked for an estimate on rebuilding its spot welder. Sandhill estimates that it would require 35 hours of labour and $2,300 in parts. Calculate the total estimated bill. (Round answer to 2 decimal places, e.g. 15.25.) eTextbook and Medial 39.25 % Save for Later Attempts: 1 of 2 used Attempts: 0 of 2 used Submit Answer

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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ficina Bonita Company manufactures office furniture. An unfinished desk is produced for $37.10 and sold for $65.45. A finished desk can be sold for $75.00. The additional processing cost to complete the finished desk is $6.30. Prepare a differential analysis. Round your answers to two decimal places. Differential AnalysisSell Unfinished (Alternative 1) or Process Further into Finished (Alternative 2) Desks Sell UnfinishedDesks(Alternative 1) Process Further intoFinished Desks(Alternative 2) DifferentialEffects(Alternative 2) Revenues per desk $ $ $ Costs per desk Profit (loss) per desk $ $ $ Should the company sell unfinished desks or process further and sell finished desks?Oficina Bonita Company should.
A manufacturing plant wishes to buy a new equipment so the purchasing department did some research on different types of this equipment. In the monthly meeting, the purchasing department presented a report about the two types of equipment that they have found. Pertinent data are as follows: Турe A Туре В First cost P250,000 P350,000 Annual operating cost 30,000 22,000 Annual labor cost 52,000 34,000 Insurance and property taxes 3% 3% Labor/Payroll taxes 4% 4% Estimated life 10 10 If the minimum required rate of return is 18%, 1. What is the annual worth of Type A? [ Select ] 2. What is the annual worth of Type B? [Select ] 3. Which machine should be selected?[ Select ]
A motor company needs vital infomation, for calculating the cost of running a motor truck per tonne-kms. Driver expenses is S1800 per month, cleaner sálary is $1260 per month, diesel& oil expenses are $0.90 per km. Then repair with maintenance was $1350 per month. Depreciation charges was 23,400/year/month, other expenses were $1300 per month. The day of week were Monday it runs 350kms carries 8.5 tons, Tuesday it runs 300kms carries 7tons, Wednesday it runs 250kms and carries 6.5tons, Thursday it runs 170 kms and carries 9 tons, Friday it runs 290kms and carries 7.5tons and finally on Saturday it runs 215 kms and carries 6.5 tons. Take five weeks for calculation. Calculate total over head only. 2949 5 2898.7 3878.7 2887.6
based on the attached what is the answer?
Last year, the Boston warehouse actual annual cost (12 months) totaled $113000, with the first 5 months' costs at $30000.The actual cost of operation totaled $35000 this year at the end of month 5. Compute the projected total costs for the current year (at the end of month 12). Round your answer to the nearest dollar, if applicable. Please provide only typed answer solution no handwritten solution needed allowed... Please do it neat and clean correctly please...
Are the fixed costs as well as the 'other variable costs" included in the calculations of total overhead?
H6. Broduer Aquatics manufactures swimming pool equipment. Broduer estimates total manufacturing overhead costs next year to be $2,500,000 The company also estimates it will use 50,000 direct labour hours and incur $1,000,000 of direct labour cost next year. In addition, the machines are expected to be run for 30,000 hours. Compute the predetermined manufacturing overhead rate for next year under the following independent situations: 1. Assume that Brodeur uses direct labour hours as its manufacturing overhead allocation base. 2. Assume that Brodeur suses direct labour cost as its manufacturing overhead allocation base. 3. Assume that Brodeur uses machine hours as its manufacturing allocation base
tonemaier Manufacturing Inc. has begun production on a new product. The primary cost of the product is direct materials with a cost of $1,050. Direct labor is estimated to be $285 per unit, overhead is estimated to be $120 per unit, and selling and administrative expenses are estimated to be $75 per unit. Stonemaier desires a profit of $480 per unit. ----------------------------- What is the required markup percentage on direct materials in order to achieve the desired profit? (provide your answer in decimal format to two decimal places --> i.e. 53.4% = 0.53)
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