Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Simran Kaur is employed by the Cedar Manufacturing Company on their assembly line. Simran is paid time-and-a-half for any work more than 40 hours
Simran Kaur is employed by the Cedar Manufacturing Company on their assembly line. Simran is paid time-and-a-half for any work more than 40 hours per week and her basic wage rate is $28 per hour, and. During a recent week, Simran worked 45 hours but was idle for 2 hours due to machine breakdowns. Required: Calculate how Simran's wages would be split between direct labour and manufacturing overhead. (6 marks) Supporting calculations Direct labour YA Manufacturing overhead Place an X under the appropriate column to indicate the impact on each variable or component of the changes indicated. One X per row. (8 marks) Changes: Increase in total fixed expenses and an increase in variable expenses per unit Variable/Component Selling price per unit Total sales Variable expenses per unit Total variable expenses Contribution margin per unit Total contribution margin Total fixed expenses Net operating income Impact of change: Cannot be Increase Decrease No effect determined
Step by Step Solution
There are 3 Steps involved in it
Step: 1
To calculate how Simrans wages would be split between direct labor and manufacturing overhead we nee...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