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.
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
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