Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Bramble Company's labor data for making one pound of finished product are as follows: (1) Price-hourly wage rate $11.30, payroll taxes $2.10, and employee benefits

Bramble Company's labor data for making one pound of finished product are as follows: (1) Price-hourly wage rate $11.30, payroll taxes $2.10, and employee benefits $1.50. (2) Quantity-actual production time 1.4 hours, rest periods and clean up 0.25 hours, and setup and downtime 0.15 hours. Compute the following. (Round answers to 2 decimal places, e.g. 52.75.) (a) (b) (c) Standard direct labor rate per hour Standard direct labor hours per pound Standard cost per pound $ $ hours
image text in transcribed
Bramble Company's labor data for making one pound of finished product are as follows: (1) Price-hourly wage rate $1130, payroll taxes $2.10, and employee benefits $1.50. (2) Quantity-actual production time 1.4 hours, rest periods and clean up 0.25 hours, and setup and downtime 0,15 hours. Compute the following. (Round answers to 2 decimal places, es. 52.75.) (a) Standard direct labor rate per hour (b) Standard directlabor hours per pound hours (c) Standard cost per pound Bramble Company's labor data for making one pound of finished product are as follows: (1) Price-hourly wage rate $1130, payroll taxes $2.10, and employee benefits $1.50. (2) Quantity-actual production time 1.4 hours, rest periods and clean up 0.25 hours, and setup and downtime 0,15 hours. Compute the following. (Round answers to 2 decimal places, es. 52.75.) (a) Standard direct labor rate per hour (b) Standard directlabor hours per pound hours (c) Standard cost per pound

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Auditing And Financial Management Federal Information System Controls Audit Manual

Authors: U.S. Government Accountability Office

1st Edition

1289168172, 978-1289168179

More Books

Students also viewed these Accounting questions

Question

identify current issues relating to equal pay in organisations

Answered: 1 week ago