FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

DirectmaterialsDirectlaborStandardQuantityorHours7.30pounds0.60hoursStandardpriceorRate$2.80perpound$9.00perhourStandardCost$20.44$.40 Direct materials: 7 microns per toy at $0.34 per micron Direct labor: 1.5 hours per toy at $6.50 per hour DirectmaterialsDirectlaborStandardQuantityorHours7.30pounds0.60hoursStandardpriceorRate$2.80perpound$9.00perhourStandardCost$20.44$.40 Direct materials: 7

image text in transcribed
image text in transcribed
DirectmaterialsDirectlaborStandardQuantityorHours7.30pounds0.60hoursStandardpriceorRate$2.80perpound$9.00perhourStandardCost$20.44$.40 Direct materials: 7 microns per toy at $0.34 per micron Direct labor: 1.5 hours per toy at $6.50 per hour DirectmaterialsDirectlaborStandardQuantityorHours7.30pounds0.60hoursStandardpriceorRate$2.80perpound$9.00perhourStandardCost$20.44$.40 Direct materials: 7 microns per toy at $0.34 per micron Direct labor: 1.5 hours per toy at $6.50 per hour

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

Accounting And Auditing Research Tools And Strategies

Accounting And Auditing Research Tools And Strategies

Authors: Thomas Weirich, Thomas C. Pearson, Alan Reinstein

6th Edition

032430224X, 9780324302240

More Books

Students also viewed these Accounting questions

Question

★★★★★
Old Hands, Ltd., assembles clock movements for grand-father clocks. Each movement has four components: the clock facing, the clock hands, the time movement, and the spring assembly. For the current...

Answered: 1 week ago

Question

★★★★★
( 2 ) The irreversible liquid phase reaction A B + C is carried out in a batch reactor at 4 0 0 C . The reaction is first - order and the time required to achieve 6 0 % conversion was found to be 5 0...

Answered: 1 week ago

Question

★★★★★
Did the faculty member teach elsewhere before coming to your school?

Answered: 1 week ago

Question

★★★★★
Don Facundo Bacardy Maso founded the original Bacardi rum business in Cuba in 1862. The following information is excerpted from Bacardi Corporations annual report for the year ended December 31, Year...

Answered: 1 week ago

Question

★★★★★
Question 1 (total of 12 marks): Moby Ltd has provided you with the following information. All rates are effective annual rates. Assume a classical tax system. The company has bonds on issue with a...

Answered: 1 week ago

Question

★★★★★
Consider the following simplified financial statements for the Wesney Corporation (assuming no income taxes): Income Statement Balance Sheet Sales $ 46,900 Assets $ 22,700 Debt $ 6,700 Costs 41,140...

Answered: 1 week ago

Question

★★★★★
IDinsight is evaluating the impact of a new fertilizer on farmer income. 10 farmers who received fertilizer harvested a total of 500 bags of beans and 10 farmers that did not use fertilizer harvested...

Answered: 1 week ago

Question

★★★★★
Geography is a part of the global economy, especially from the perspective of economic interdependence. The patterns of networks include exchanges of very different types of economic connections that...

Answered: 1 week ago

Question

★★★★★
A dispute has arisen between an accountant (CPA) and his client.The CPA performed services for the client, but has not been paid for over a year.The client has demanded the working papers and her...

Answered: 1 week ago

Question

★★★★★
For the same randomized experiment, under what circumstances does Y~T+G+ E control possible bias in the vanilla specification Y~T+ E ? a) As mentioned in the previous question, controlling G for via...

Answered: 1 week ago

Question

★★★★★
You are considering two possible marketing campaigns for a new product. The first marketing campaign requires an outlay next year of 2M, and then will pay 0.24M in all subsequent years. The second...

Answered: 1 week ago

Question

★★★★★
What is your average response time to complaint letters? Do you use form letters when responding? If your response takes more time than usual, do you let your customers know why you havent gotten...

Answered: 1 week ago

Question

★★★★★
Look carefully at your automated responses (perhaps sent out im - mediately aft er a customers e-mail is received) and make sure you communicate a desire to get back to customers in a specifi ed...

Answered: 1 week ago

Question

★★★★★
Sell the quality of your brand or products.

Answered: 1 week ago

Previous Question Next Question