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Best Faucet Company manufactures faucets in a small manufacturing facility. The faucets are made from zinc. Manufacturing has 70 employees. Each employee presently provides 40

Best Faucet Company manufactures faucets in a small manufacturing facility. The faucets are made from zinc. Manufacturing has 70 employees. Each employee presently provides 40 hours of labor per week. Information about a production week is as follows:

Standard wage per hour $14.4
Standard labor time per faucet 10 min.
Standard number of lbs. of zinc 1.2 lbs.
Standard price per lb. of zinc $9.75
Actual price per lb. of zinc $10
Actual lbs. of zinc used during the week 10,800 lbs.
Number of faucets produced during the week 8,700
Actual wage per hour $14.8
Actual hours per week

2,800 hrs.

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