Data for a new product that is very labor intensive introduced by Hicks Brothers in the...
Data for a new product that is very labor intensive introduced by Hicks Brothers in the operation in Hendersonville, TN is given below. The average labor cost including overhead expenses is about $20 per hour.
Time for the very first unit = 9 hours
Time for the second unit = 8.462 hours.
What is the labor cost for the 1000-th unit ?
| A. |
$62.30 |
|
| B. |
$55.85 |
|
| C. |
69.94 |
|
| D. |
$75.23 |
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Data for a new product that is very labor intensive introduced
by Hicks Brothers in the...
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produced under normal conditions is 0.90 pounds. Materials cost $2
per pound, but Stefani always takes the 4.00% cash discount all of
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average hourly...
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Direct materials: Each unit of product contains 3.10
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