Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

need this asap Flint Company's labor data for making one pound of finished product are as follows: (1) Price-hourly wage rate $13,00, payroll taxes $3.80,

need this asap
image text in transcribed
Flint Company's labor data for making one pound of finished product are as follows: (1) Price-hourly wage rate $13,00, payroll taxes $3.80, and employee benefits $3.20. (2) Quantity-actual production time 3.1 hours, rest periods and clean up 0.24 hours, and setup and downtime 0.16 hours. Compute the following: (Round answers to 2 decimal places, eg. 52.75.) (a) Standard direct labor rate per hour (b) Standard direct labor 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

Advanced Principles Of Auditing

Authors: Hugo Romero

1st Edition

1632409372, 978-1632409379

More Books

Students also viewed these Accounting questions

Question

5. If yes, then why?

Answered: 1 week ago

Question

6. How would you design your ideal position?

Answered: 1 week ago