Stillwater Designs rebuilds defective units of its S12L7 Kicker speaker model. During the year, Stillwater rebuilt 15,000 units. Materials and labor standards for performing the repairs are as follows:
Direct materials (1 recon kit @ $160) | $160.00 |
Direct materials (1 cabinet @ $55) | 55.00 |
Direct labor (5 hrs. @ $15) | 75.00 |
Required:
1. Compute the standard hours allowed for a
volume of 15,000 rebuilt units.
hours
2. Compute the standard number of kits and cabinets allowed for a volume of 15,000 rebuilt units.
Standard number of kits | kits |
Standard number of cabinets | cabinets |
3. Suppose that during the first month of the
year, 15,000 standard hours were allowed for the units rebuilt. How
many units were rebuilt during the first month?
units
Stillwater Designs rebuilds defective units of its S12L7 Kicker speaker model. During the year, Stillwater rebuilt...
Standard Quantities of Labor and Materials Stillwater Designs rebuilds defective units of its S12L7 Kicker speaker model. During the year, Stillwater rebuilt 8,500 units. Materials and labor standards for performing the repairs are as follows: Direct materials (1 recon kit @ $140) $140 Direct materials (1 cabinet @ $30) Direct labor (3 hrs. @ $12) Required: 1. Compute the standard hours allowed for a volume of 8,500 rebuilt units. hours 2. Compute the standard number of kits and cabinets allowed...
O chapter 10 Homor CengageNow21 Onne teach com/n/takeAssignment/takelssignmentMan dohevoker-&akeAssignmentSessionocator-ssignment takeinprogressfalse Caloutatr Book Standand Quarbities of Labor and Materials Stwater Designs rebuilds defective units of its 51217 0cker speaker model. Ouring the year, performing the repairs are as folows but 9,000 units Materas and labor standards for Direct maberials (1 recon kit s150) S150 Direct materials (1 cabinet 530) 30 Direct labor (3 hrs 11) 33 Required 1. Compute the standard hours allowed for a volume of 9,000 rebuilt units hours...
Direct Labor Variances Greeson Clothes Company produced 15,000 units during June of the current year. The Cutting Department used 2,900 direct labor hours at an actual rate of $12.10 per hour. The Sewing Department used 4,800 direct labor hours at an actual rate of $11.80 per hour. Assume that there were no work in process inventories in either department at the beginning or end of the month. The standard labor rate is $12.00. The standard labor time for the Cutting...
The company expects to produce 500 units of each model during the year. Read the requirements. Empire Company manufactures wheel rims. The controller expects the following ABC allocation rates for 2018: E: (Click the icon to view the allocation rates.) Empire produces two wheel rim models: standard and deluxe. Expected data for 2018 are as follows: E: (Click the icon to view the expected data.) murec manuracturing cost per mm. Standard model: $ 263.76 Deluxe model: S 395.64 Requirement 3....
Expand Your Critical Thinking 24-02 a-dAna Carillo and Associates is a medium-sized company located near a large metropolitan area in the Midwest. The company manufactures cabinets of mahogany, oak, and other fine woods for use in expensive homes, restaurants, and hotels. Although some of the work is custom, many of the cabinets are a standard size. One such non-custom model is called Luxury Base Frame. Normal production is 1,000 units. Each unit has a direct labor hour standard of 5...
PROBLEM 1 The Ram Manufacturing Company produced P100, 000 units during the year ended December 31, 2009. It incurred the following costs for the year MaterialsP75, 000 (10% is indirect materials) LaborP97, 000 (7% is indirect labor) Factory Overhead125% of direct labor cost WIP – January 1P25, 500 WIP – December 31P27, 000 Required: How much is the Company’s cost of goods manufactured? Problem 2 Donna Company submits the following data for May 2013 Direct labor costP80, 000 PurchasesP100, 000...