Labor hours per year
[DOC File]Flexible Budgets and Overhead Analysis
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Raw material used $120,000 Direct labor per hour $8.50 Overhead applied based on direct labor cost 120% Direct material was requisitioned as follows for each job respectively: 30 percent, 25 percent, and 25 percent; the balance of the requisitions was considered indirect. Direct labor hours per job are 2,500; 3,100; and 4,200; respectively.
[DOC File]Solutions for Homework ** Accounting 311 Cost ** Winter 2009
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R21V D00B Direct materials per unit $19.60 $61.70 Direct labor per unit $3.90 $19.50 Direct labor-hours per unit 0.30 1.50 Annual production 45,000 15,000 The company’s estimated total manufacturing overhead for the year is $1,262,880 and the company’s estimated total direct labor-hours for the year is …
[DOC File]gar003, Chapter 3 Systems Design: Job-Order Costing
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The denominator activity is set at 40,000 direct labor-hours per year. Budgeted fixed manufacturing overhead cost is $40,000 per year, and 0.5 direct labor-hours are required to manufacture one unit. The standard cost card would indicate fixed manufacturing overhead cost per unit to be: A) $1.00.
[DOCX File]Section C
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The predetermined overhead rate, including both fixed and variable components, is $4 per direct labor-hour. The standards call for 2 direct labor-hours per unit of output produced. Last year, the company produced 3,000 units of product and worked 6,200 direct labor-hours. Actual costs were $15,500 for variable overhead and $6,300 for fixed ...
[DOC File]Consider the following costs:
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Variable factory overhead is applied at the rate of P12 per labor hour. Four units should be completed in an hour. Last year, 1,350,000 units were produced using 300,000 labor hours. All labor hours were paid at the standard rate, and actual overhead cost consisted of P3,738,000 for variable items and P3,000,000 fixed items.
[DOC File]Standard Costs and Variance Analysis
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1.(a) Total cost of hours worked at regular rates 42 hours × 12 per hour $ 504.00 42 hours × 12 per hour 504.00 43 hours × 12 per hour 516.00 40 hours × 12 per hour 480.00 2,004.00 Minus idle time (5.2 hours × $12 per hour) 62.40 Direct manufacturing labor costs $1,941.60 (b) Idle time = 5.2 hours × 12 per …
[DOC File]Activity-Based Costing: A Tool to Aid Decision Making
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The company makes 490 units of product Q19S a year, requiring a total of 1,080 machine-hours, 60 orders, and 20 inspection-hours per year. The product’s direct materials cost is $46.42 per unit and its direct labor cost is $20.22 per unit. According to the activity-based costing system, the unit product cost of product Q19S is closest to:
Estimating annual hours of labor force activity
The number of labor hours per CLIN is the sum of all labor hours proposed per year. Using the STO #2 (Fixed) worksheet (J-11a) for example, if the value of cell I10 is 50, then 50 hours of labor were proposed for the Remote Site Equipment (Labor) CLIN (CLIN 210001b-1) for the Contract Year.
[DOC File]9 - JustAnswer
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Jul 28, 2010 · The company makes 470 units of product W26B a year, requiring a total of 660 machine-hours, 50 orders, and 40 inspection-hours per year. The product's direct materials cost is $40.30 per unit and its direct labor cost is $42.22 per unit.
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