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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

Cornerstones of Cost Management (Cornerstones Series)
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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Sandhill Remanufacturing rebuilds spot welders for manufacturers. The following budgeted cost data for 2022 are available for Sandhill: Technicians' wages and benefits Parts manager's salary and benefits Office employee's salary and benefits Other overhead Total budgeted costs (a) Your answer is correct. Time Charges Material Loading Charges Rate charged $192.240 $ 56,960 28,480 $277,680 The 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 repair time 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. $40,260 11,895 79 per hour 18,300 $70,455
Transcribed Image Text:Sandhill Remanufacturing rebuilds spot welders for manufacturers. The following budgeted cost data for 2022 are available for Sandhill: Technicians' wages and benefits Parts manager's salary and benefits Office employee's salary and benefits Other overhead Total budgeted costs (a) Your answer is correct. Time Charges Material Loading Charges Rate charged $192.240 $ 56,960 28,480 $277,680 The 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 repair time 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. $40,260 11,895 79 per hour 18,300 $70,455
Your answer is correct. Calculate the material loading percentage. (Round answer to 3 decimal places, e.g. 15.251%) (c) Material loading 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
Transcribed Image Text:Your answer is correct. Calculate the material loading percentage. (Round answer to 3 decimal places, e.g. 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
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