Johnny Roberts, owner of Bunson Marine, has his workforce keep time sheets so he knows where their
Question:
Johnny Roberts, owner of Bunson Marine, has his workforce keep time sheets so he knows where their time is going and also to help guide his billing. A recent graduate of the local MBA ex tension program, Johnny learned to attach the ASME symbols to his work to help him organize his thoughts. He has pulled together all of the work tickets for Jonah Whales, one of his employees. Jonah’s record for the year is shown in the table below. Jonah makes $60,000 per year as a senior repair master for the boats.
REQUIRED:
a. Calculate the total cost for each of the activities Jonah completed over the last year.
b. Place the correct ASME symbol in the box to the left of your costs.
c. Total up all of the costs by ASME symbol.
d. How would you describe Jonah’s productivity for the year? In other words, do you think that Johnny should give Jonah a raise? Why or why not?
Step by Step Answer:
Managerial Accounting An Integrative Approach
ISBN: 9780999500491
2nd Edition
Authors: C J Mcnair Connoly, Kenneth Merchant