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Abbeville Fixture Company manufactures faucets in a small manufacturing facility. The faucets are made from brass. Manufacturing has 40 employees. Each employee presently provides 35
Abbeville Fixture Company manufactures faucets in a small manufacturing facility. The faucets are made from brass. Manufacturing has 40 employees. Each employee presently provides 35 hours of labor per week. Information about a production week is as follows:
Standard wage per hour | $10.80 |
Standard labor time per faucet | 20 min. |
Standard number of lbs. of brass | 2 lbs. |
Standard price per lb. of brass | $10.25 |
Actual price per lb. of brass | $10.50 |
Actual lbs. of brass used during the week | 17,304 lbs. |
Number of faucets produced during the week | 8,400 |
Actual wage per hour | $11.12 |
Actual hours for the week (40 employees 35 hours) | 1,400 hrs. |
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