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kap26 [50]
3 years ago
12

Cost standards for one unit of product no. C77: Direct material 3 pounds at $2.50 per pound $ 7.50 Direct labor 5 hours at $7.50

per hour 37.50 Actual results: Units produced 7,800 units Direct material purchased 26,000 pounds at $2.70 $ 70,200 Direct material used 23,100 pounds at $2.70 62,370 Direct labor 40,100 hours at $7.30 292,730 Assume that the company computes variances at the earliest point in time. The standard hours allowed for the work performed are:
Business
1 answer:
Ainat [17]3 years ago
4 0

Answer:

Standard hours for Job C77 39,000 HOURS

Explanation:

We are asked for Direct labours, so everything else is irrelevant for now.

In the first sentence we got the stadard values for 1 units of product:

Cost Standard DL 5 hours at $37.5 for 1 unit of product

Now let's check how many units were done on job C77

Job C77 Unit Produced 7,800 units

If each units standard is 5 hours, then multiplying we get the standard hours for job C77

Standard hours for the work:

Actual units * StandardHours =$Standard Units JOB C77

7,800 * 5= 39,000

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Answer:

Annual increase is $1,108.4

Explanation:

In 2016, average price was $27,258.6

In 2010, average price was $20,608

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3 years ago
The ________ phase of the strategic marketing process usually results in a(n) ________ that sets the direction for the marketing
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Answer:

planning; marketing plan

Explanation:

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jenyasd209 [6]

Answer:

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To account for the spoilage rate of 10%, $3.50 unit cost would be consider as 90% of the cost. Thus, 100% of the cost would be given as follows:

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