EP CENGAGENOWV2 FOR HEINTZ/PARRY'S COLL
23rd Edition
ISBN: 9780357421123
Author: HEINTZ
Publisher: Cengage Learning
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Chapter 22A, Problem 2SPB
To determine
Journalize the bond transactions for Company Z.
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General Account
Labor data for making one gallon of the finished product in Nien
Company are as follows:
1. Price-hourly wage rate $13.80, payroll taxes $0.80, and fringe
benefits $1.50.
2. Quantity-actual production time 1.1 hours, rest periods and clean up
0.30 hours, and set up and downtime 0.40 hours.
Compute the following.
a. Standard direct labor rate per hour.
b. Standard direct labor hours per gallon.
Standard labor cost per gallon.
General Account
Chapter 22A Solutions
EP CENGAGENOWV2 FOR HEINTZ/PARRY'S COLL
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