Tronicircuit Corporation produces printed circuits for the electronics industry. The firm has recently initiated a 100...

 

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Tronicircuit Corporation produces printed circuits for the electronics industry. The firm has recently initiated a 100 percent bonus plan with standard production set at 50 units per hour. The company employs 10 workers on an 8-hour shift at $5 per hour. Depre- ciation on plant equipment is $4.50 per hour, and other overhead is applied at $3.50 per hour. Production for the first week under the 100 percent bonus plan was: .... Monday.... Tuesday. Wednesday. Thursday.. Friday... .... 3,800 units 4,500 units 4,600 units 4,500 units 4,400 units Management is interested in appraising the results of the new incentive wage plan. Required: A schedule showing employee earnings, unit labor cost, unit over- head cost, and conversion cost per unit. Tronicircuit Corporation produces printed circuits for the electronics industry. The firm has recently initiated a 100 percent bonus plan with standard production set at 50 units per hour. The company employs 10 workers on an 8-hour shift at $5 per hour. Depre- ciation on plant equipment is $4.50 per hour, and other overhead is applied at $3.50 per hour. Production for the first week under the 100 percent bonus plan was: .... Monday.... Tuesday. Wednesday. Thursday.. Friday... .... 3,800 units 4,500 units 4,600 units 4,500 units 4,400 units Management is interested in appraising the results of the new incentive wage plan. Required: A schedule showing employee earnings, unit labor cost, unit over- head cost, and conversion cost per unit. Tronicircuit Corporation produces printed circuits for the electronics industry. The firm has recently initiated a 100 percent bonus plan with standard production set at 50 units per hour. The company employs 10 workers on an 8-hour shift at $5 per hour. Depre- ciation on plant equipment is $4.50 per hour, and other overhead is applied at $3.50 per hour. Production for the first week under the 100 percent bonus plan was: .... Monday.... Tuesday. Wednesday. Thursday.. Friday... .... 3,800 units 4,500 units 4,600 units 4,500 units 4,400 units Management is interested in appraising the results of the new incentive wage plan. Required: A schedule showing employee earnings, unit labor cost, unit over- head cost, and conversion cost per unit. Tronicircuit Corporation produces printed circuits for the electronics industry. The firm has recently initiated a 100 percent bonus plan with standard production set at 50 units per hour. The company employs 10 workers on an 8-hour shift at $5 per hour. Depre- ciation on plant equipment is $4.50 per hour, and other overhead is applied at $3.50 per hour. Production for the first week under the 100 percent bonus plan was: .... Monday.... Tuesday. Wednesday. Thursday.. Friday... .... 3,800 units 4,500 units 4,600 units 4,500 units 4,400 units Management is interested in appraising the results of the new incentive wage plan. Required: A schedule showing employee earnings, unit labor cost, unit over- head cost, and conversion cost per unit.

Answer rating: 100% (QA)

1 Employee Earnings Employee Earnings Number of Workers Hours per Shift Hourly Wage Rate 5 days Empl... View the full answer