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Brief Exercise 11-3 Labor data for making one gallon of finished product in Bing Company are as follows. (1) Price-hourly wage rate $14.70, payroll taxes
Brief Exercise 11-3 Labor data for making one gallon of finished product in Bing Company are as follows. (1) Price-hourly wage rate $14.70, payroll taxes $0.70, and fringe benefits $1.50. (2) Quantity-actual production time 1.50 hours, rest periods and cleanup 0.30 hours, and setup and downtime 0.20 hours. Compute the following. (Round answers to 2 decimal places, e.g. 1.25.) Standard direct labor rate per hour. $ (b) Standard direct labor hours per gallon. hours (c) Standard labor cost per gallon. Click if you would like to Show Work for this question: Open Show Work Brief Exercise A-3 Liam Company signed a lease for an office building for a period of 9 years. Under the lease agreement, a security deposit of $7,500 is made. The deposit will be returned at the expiration of the lease with interest compounded at 11% per year. Click here to view the factor table. (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) What amount will Liam receive at the time the lease expires? (Round answer to 2 decimal places, e.g. 25.25.) Amount at the time the lease expires Click if you would like to Show Work for this question: Open Show Work
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