Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Just Part B of the question Based on table three in subtheme 2, add the monthly direct labor cost and determine the total budget for
Just Part B of the question
Based on table three in subtheme 2, add the monthly direct labor cost and determine the total budget for Equipment investment and Direct Labor Cost.
b. Based on table three in subtheme 2, add the monthly direct labor cost and determine the total budget for Equipment investment and Direct Labor Cost. \begin{tabular}{|l|c|c|c|} \hline Month & January & February & March \\ \hline Volume & 18,000 & 28,000 & 40,000 \\ \hline Days & 15 & 20 & 25 \\ \hline Machine Capacity & 100 per hour & 100 per hour & 100 per hour \\ \hline Number of Machines & 2 & 3 & 1 \\ \hline Employees per Machine & 4 & 4 & 4 \\ \hline Fringe Benefits & 30% & 30% & 30% \\ \hline Hourly Wage & $10 & $10 & $10 \\ \hline Hours per Shift & 8 & $0.50 & $ \\ \hline Shift Differential 1 & $0.50 & $1.00 & $0.50 \\ \hline Shift Differential 2 & $1.00 & 81.00 \\ \hline \end{tabular} b. Based on table three in subtheme 2, add the monthly direct labor cost and determine the total budget for Equipment investment and Direct Labor Cost. \begin{tabular}{|l|c|c|c|} \hline Month & January & February & March \\ \hline Volume & 18,000 & 28,000 & 40,000 \\ \hline Days & 15 & 20 & 25 \\ \hline Machine Capacity & 100 per hour & 100 per hour & 100 per hour \\ \hline Number of Machines & 2 & 3 & 1 \\ \hline Employees per Machine & 4 & 4 & 4 \\ \hline Fringe Benefits & 30% & 30% & 30% \\ \hline Hourly Wage & $10 & $10 & $10 \\ \hline Hours per Shift & 8 & $0.50 & $ \\ \hline Shift Differential 1 & $0.50 & $1.00 & $0.50 \\ \hline Shift Differential 2 & $1.00 & 81.00 \\ \hline \end{tabular}
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started