product need 5kg and 0.8 hr to manufactre
labour cost 100$/hr
Material 10$/kg
annual est sale 30000
total labour for a yr 2000
fine
a)unit material cost
b)unit labour cost
c)unit direct cost
d)unit manufacturing cost
product need 5kg and 0.8 hr to manufactre labour cost 100$/hr Material 10$/kg annual est sale...
another Question given Product is labour intense product need 5kg and 0.8 hr to manufactre labour cost 100$/hr Material 10$/kg annual est sale 30000 total labour for a yr 2000 fine a)unit material cost b)unit labour cost c)unit direct cost d)unit manufacturing cost
Data SIGMA Inc. Direct material per set ($100), dirrect labour, 4 hours at $10 per hr variable selling cost $ 10, variabel overhead rate $15, fixed overhead rate $ 25, fixed administration cost $50.000, production unit: 1.000 unit. Profit $100. Calculate: absorption manufacturing cost, total cost, total variable manufacturing cost, mark up (%), and price.
N is one of the products made by VIN Company Ltd. The standard marginal cost of product N is given below;Direct labour 6hrs @k12/hr K72Direct Material 16kgs@K6/kg K96 K168VIN Ltd has reported the following Variances for the period under review; Direct material price K18, 840(F), Direct material usage K480 (A), Direct labour rate K10, 598 (A), Direct labour efficiency K8,478 (F).Actual direct wages cost K171,320 and VIN Ltd paid K5.50 per kg of direct material. There was no...
Direct materials cost $10 per unit, direct labour is $7 per unit, and overhead cost is applied at 130% of direct labour costs. The 6,000 units of beginning goods in progress were 100% complete as to materials, and 50% complete as to labour and overhead. The total production costs of the current period assigned to the beginning units is : a. $96,600 b. $48,300 c. $73,400 d. $54,300
Mathematical Financial Annual Production in Units 50 000 100 000 Direct Material Costs 150 000 300 000 Direct Manufacturing Labour Cost 50 000 100 000 Direct manufacturing labour hours 2, 500 5 000 Machine Hours 25 000 50 000 Number of Production runs 50 50 Inspection hours 1 000 500 Total Manufacturing Overhead Costs are as follows: Total Machining costs 375 000 Setup Costs 120 000 Inspection costs 105 000 Instruction:...
3) A product has an average labor cost of $10/hr. The overhead expenses are 100% of labor cost. Time for the first unit-10 hours. Time for the fourth unit= 8.1 hours. Answer the following questions: (10 Points) a) Find the learning curve percentage for the production of this product b) What is the labor cost and overhead cost for the 500-th unit? 3) A product has an average labor cost of $10/hr. The overhead expenses are 100% of labor cost....
Peter company produces a product with the following unit cost : Direct Material Direct Labour Variable overhead Fixed Overhead Unit cost S 2.75 1.25 4.00 2.50 10.50 Fixed selling costs are $600.000 per year and variable selling costsare $1.50 per unit sol Production capacity is 500.000 units per year. However, the company expects to produc only 300,000 units per year. The product normally sells for $15 each. A customer has offered to buy 150.000 units for $10. The units would...
ABC Manufacturing Company's costing system has two direct cost categories: direct materials and direct manufacturing labour. Manufacturing overhead (both variable and fixed) is allocated to products on the basis of standard DMLH At the beginning of 2018, ABC adopted the following standards for its manufacturing costs: Input Cost per Output Unit S 15 75 3 kg at $5 per kg 5 hours at $15 per hour Direct materials Direct manufacturing labour Manufacturing overhead: Variable Fixed Standard manufacturing cost per output...
The following standard cost card is provided for Navid Company's Product A: Direct material (3 lbs. @ $3.00 per lb.) $ 9.00 Direct labor (2 hr @ $8.00 per hr.) 16.00 Variable overhead (1 hr. @ $2.00 per hr.) 2.00 Fixed overhead (1 hr. @ $3.00 per hr.) 3.00 Total standard cost per unit $ 30.00 The fixed overhead rate is based on total budgeted fixed overhead of $16,000. During the period, the company produced and sold 5,100 units at...
Acton Company has two products: A and B. The annual production and sales of Product A is 800 units and of Product B is 500 units. The company has traditionally used direct labour hours as the basis for applying all manufacturing overhead to products. Product A requires 0.3 direct labour hours per unit, and Product B requires 0.2 direct labour hours per unit. The total estimated overhead for next period is $92,023. The company is considering switching to an activity-based...