Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Costs of ServicesJean and Tom Perritz own and manage Happy Home Helpers, Inc. (HHH), a house-cleaning service. Each cleaning (cleaning one house one time) takes

Costs of ServicesJean and Tom Perritz own and manage Happy Home Helpers, Inc. (HHH), a house-cleaning service. Each cleaning (cleaning one house one time) takes a team of three house cleaners about 1.8 hours. On average, HHH completes about 18,000 cleanings per year. The following total costs are associated with the total cleanings:

Direct materials $52,200

Direct labor 563,400

Variable overhead 25,200

Fixed overhead 28,800

Required:

If required, round your answers to the nearest cent.

1. Calculate the prime cost per cleaning.

$ per cleaning

2. Calculate the conversion cost per cleaning.

$ per cleaning

3. Calculate the total variable cost per cleaning.

$ per cleaning

4. Calculate the total service cost per cleaning.

$ per cleaning

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

Financial Modeling

Authors: Simon Benninga

2nd Edition

0262024829, 9780262024822

More Books

Students also viewed these Finance questions

Question

1. To understand how to set goals in a communication process

Answered: 1 week ago