We have been given the labor hour history below. You have been asked to calculate a...
We have been given the history of shipping costs below. You have been asked to calculate a linear trend line for this data. W hat is the intermediate solution for the value of b? (Your answer should be an integer) Week Costs week 1. 497430 week 2. 500072 week 3. 535584 week 4. 514058
You have been given the following information about the production of Usher Co., and are asked to provide the plant manager with information for a meeting with the vice president of operations. Standard Cost Card Direct materials (8 pounds at $5 per pound) $40.00 Direct labor (0.70 hours at $10) 7.00 Variable overhead (0.70 hours at $3 per hour) 2.10 Fixed overhead (0.70 hours at $7 per hour) 4.90 $54.00 The following is a variance report for the most recent...
You have been given the following information about the production of Usher Co., and are asked to provide the plant manager with information for a meeting with the vice president of operations. Standard Cost Card Direct materials (5 pounds at $4 per pound) $20.00 Direct labor (0.80 hours at $10) 8.00 Variable overhead (0.80 hours at $3 per hour) 2.40 Fixed overhead (0.80 hours at $7 per hour) 5.60 $36.00 The following is a variance report for the most recent...
You have been given the following information about the production of Usher Co., and are asked to provide the plant manager with information for a meeting with the vice president of operations. Direct materials (8 pounds at $4 per pound) Direct labor (0.70 hours at $10) Variable overhead (0.70 hours at $5 per hour) Fixed overhead (0.70 hours at $7 per hour) Standard Cost Card $32.00 7.00 3.50 4.90 $47.40 The following is a variance report for the most recent...
You have been given the following information about the production of Usher Co., and are asked to provide the plant manager with information for a meeting with the vice president of operations. Standard Cost Card Direct materials (6 pounds at $5 per pound) $30.00 Direct labor (0.70 hours at $10) 7.00 Variable overhead (0.70 hours at $4 per hour) 2.80 Fixed overhead (0.70 hours at $9 per hour) 6.30 $46.10 The following is a variance report for the most recent...
A certain number of university students have been asked how many hours of homework they do per week after their lessons. The frequency distribution showing the given number of hours can be seen below. Homework hours, university students homework (hours) Frequency 9.0< 11.0 5 11.0 -< 13.0 9 13.0 -< 15.0 15 15.0< 17.0 7 17.0-< 19.0 11 19.0< 21.0 دي a. Calculate the average number of homework hours. Average = Number hours. Round to 2 decimal places. (3 points)...
The following direct labor standards have been established for a particular product: Standard labor rate .......................... $15.00 per hour Standard labor hours per unit............. 0.5 hours per unit The following actual data has occurred: Actual products manufactured................. 4,000 units Actual hours worked................................. 2,500 hours Actual total labor cost................................. $35,000 Using a "goalpost" like we did in class, answer the following questions, making sure to indicate if the variance is favorable or unfavorable. You do not have to type in a...
Many college graduates who are employed full-time have longer than 40-hour work weeks. Suppose that we wish to estimate the mean number of hours, u, worked per week by college graduates employed full-time. We'll choose a random sample of college graduates employed full- time and use the mean of this sample to estimate u. Assuming that the standard deviation of the number of hours worked by college graduates is 6.30 hours per week, what is the minimum sample size needed...
Many college graduates who are employed full-time have longer than 40-hour work weeks. Suppose that we wish to estimate the mean number of hours, H. worked per week by college graduates employed full-time. We'll choose a random sample of college graduates employed full-time and use the mean of this sample to estimate . Assuming that the standard deviation of the number of hours worked by college graduates is 6.00 hours per week, what is the minimum sample size needed in...
Exercise 24-09 a-e (Part Level Submission) You have been given the following information about the production of Usher Co., and are asked to provide the plant manager with information for a meeting with the vice president of operations. Standard Cost Card $20.00 Direct materials (5 pounds at $4 per pound) Direct labor (0.80 hours at $10) Variable overhead (0.80 hours at $3 per hour) Fixed overhead (0.80 hours at $7 per hour) 8.00 2.40 5.60 $36.00 The following is a...