Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jul 11, 2024

The following data are available for Pharoah Repair Shop for 2022: Repair technician's wages $221000 Fringe benefits 59000 Overhead 84000 Total $364000 The desired profit

The following data are available for Pharoah Repair Shop for 2022: Repair technician's wages $221000 Fringe benefits 59000 Overhead 84000 Total $364000 The desired profit marginis $11 per labour hour. The material loading charge is 30% of invoice cost. It is estimated that 5600 labour hours will be worked in 2022. Pharoah labour charge in 2022 would be $76 $50 $65 $61

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

Recommended Textbook for

For Mowen/hansen/heitgers Cornerstones Of Managerial Accounting, 6th Edition, [instant Access]

Authors: Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

6th Edition

1305280768, 9781305280762

More Books

Students also viewed these Accounting questions

Question

★★★★★

The following information was taken from Logsden Manufacturings trial balances as of December 31, 2008, and December 31, 2009. Required: Calculate the gross profit ratio and operating margin ratio...

Answered: 1 week ago

Question

★★★★★

Intermediate If actual output is lower than budgeted output, which of the following costs would you expect to be lower than the original budget? A Total variable costs B Total fixed costs C Variable...

Answered: 1 week ago

Question

★★★★★

Are female participants excluded, even when the research question affects both men and women? Are male subjects excluded, even when the research affects both women and men?

Answered: 1 week ago

Question

★★★★★

Given the following information concerning four stocks, a) Construct a simple price-weighted average, a value-weighted average, and a geometric average. b) What is the percentage increase in each...

Answered: 1 week ago

Question

★★★★★

Cherry Division of Athletic Company earned a net income of $550,000. Cherry is taxed at a rate of 30% and had sales of $6,800,000, and interest expense of $85,000. What was Cherry's NOPAT?

Answered: 1 week ago

Question

★★★★★

Identify cost drivers in IBM's cloud computing infrastructure. Implement an ABC system to allocate costs across different service offerings. Calculate the cost per unit of cloud service using ABC...

Answered: 1 week ago

Question

★★★★★

The given multivariable function is as follows: f ( x , y ) = ky 2 - 2 y 3 - kx 3 + 2 kxy . A. Given that the function f ( x,y ) in the Assumptions section has a critical point at (0,0), use a second...

Answered: 1 week ago

Question

★★★★★

How often should braille accommodations be provided? A. Never, not enough people use it. B. Always, regardless of how many people use it. C. Sometimes if it was requested by someone who needs it. D....

Answered: 1 week ago

Question

★★★★★

Cupola Fan Corporation issued 12%, $580,000, 10-year bonds for $552,000 on June 30, 2024. Debt issue costs were $3,300. Interest is paid semiannually on December 31 and June 30. One year from the...

Answered: 1 week ago

Question

★★★★★

5 points Save Answer A. A useful tool used by marketers to help generate growth opportunities is the Ansoff Strategic Opportunity Matrix. Referring to the Matrix, identify and explain the growth...

Answered: 1 week ago

Question

★★★★★

Relating to the new Apple Glasses please answer the following questions with full answers: 1- Describe possible ethical issues Apple may encounter when Apple promotes this product. 2- You will soon...

Answered: 1 week ago

Question

★★★★★

2. Extending on the previous question, how is behav-iour toward the organization different for temporary workers than full-time workers?

Answered: 1 week ago

Question

★★★★★

1. Using your HR planning expertise, forecast the demand of labour in the stores and the online environment over the next three years. goods chain is feeling the effects oftechnology, with more and...

Answered: 1 week ago

Question

★★★★★

3. What do you think the future of nonstandard work-ers in Canada will look like?

Answered: 1 week ago

Previous Question Next Question