 |
|
| Browse | Ask | Answer | Search | Join/Login |
|
|
||||
|
Compute the rate charged per hour of labor
Benson Remanufacturing rebuilds spot welders for manufacturers. The following budgeted cost data for 2011 is available for Benson.
Time Charges Material Loading Charges Technicians' wages and benefits $212,700 - Parts manager's salary and benefits - $39,100 Office employee's salary and benefits 56,720 11,846 Other overhead 14,180 26,460 Total budgeted costs $283,600 $77,406 The company desires a $38.86 profit margin per hour of labor and a 27.00% profit margin on parts. It has budgeted for 7,090 hours of repair time in the coming year, and estimates that the total invoice cost of parts and materials in 2011 will be $420,000. Compute the rate charged per hour of labor. Compute the material loading percentage. Sharrer Corporation has requested an estimate to rebuild its spot welder. Benson estimates that it would require 44 hours of labor and $3,000.00 of parts. Compute the total estimated bill. (Round answer to 2 decimal places, e.g. 10.50. Use the rounded amounts from the previous questions when calculating the answer for this question.) |
||||
Check out some similar questions!
Lake corporation manufactures specialty components for the electronics industry in a highly labor intensive environment. Arc Electronics has asked Lake to bid on a component that Lake made for ARc last month. The previous order was for 80 units and required 120 direct labor to manufacture Arc...
in buying a computer set, the buyer was offered the options of paying $2500 cash at the end of 30 days or $2700 at the end of 120 days.At what rate is the buyer paying simple interest if he agree to pay at the end of 120 days.
Willie's Engine Shop uses a job order cost system to determine the cost of performing engine repair work. Estimated costs and expenses for the coming period are as follows: Willie's Engine Shop uses a job order cost system to determine the cost of performing engine repair work. Estimated costs...
My cat has been in labor for about an hour and a half. She has been bleeding the entire time as well. Is she OK or is there something wrong? If there is something wrong what do I do? There are not any 24 hour vets around me.
View more questions Search
| Question Tools | Search this Question |
Add your answer here.
|
