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Flying High Company manufactures model airplanes. During the month, it manufactured 10,000 airplanes. Each one used an average of 6.5 direct labor hours and an average of 1.5 sheets of aluminum. It normally manufactures 7,500 airplanes. Materials and labor standards for making the airplanes are:Direct Material (1 Sheet of aluminum @ $10.00) $10.00Direct Materials (Other accessories @ $8.75) 8.75Direct Labor (6 hours @ $7.00) 42.001. 1) Compute the standard hours allowed for a volume of 10,000 airplanesA. 420,000 HRSB. 60,000 HRSC. 65,000 HRSD. 70,000 HRSShow Work.22. Compute the standard number of sheets of aluminum allowed for a volume of 10,000 airplanes.A. 10,000 Sheets .AB.7,500 Sheets .BC.11,250 Sheets .CD.15,000 Sheets .D
Elements of Cost Nearly there are three elements of cost - labor, material, and expenses. These are additional divided into indirect and direct material, indirect and direct la
While on a business trip to Texas, David attended a mortgage foreclosure auction. At the auction (held on February 4, 1999), he acquired an abandoned sugarcane farm near Pearland.
(a) Calculate the number of US imports with and without the tariff. (b) Calculate the dead weight loss of the tariff. (c) Calculate the loss in consumer surplus resulting fro
Apportionment of Overheads Apportionment of overheads occurs whereas the net value of an overhead item is shared among more or two cost centers that employ the overheads. Th
The following information is for the third quarter of this year: Planned Actual Production 92,000 units 87,000 units Direct labor hours 506,800 DL hrs 380,000 DL hrs Fixed manuf
material ledger card.following transactions affecting material No115-8 occurred during march 1992. march 1 balanced on hand 500 [email protected] per gallon maech 2 received 1200 gall
mojor elements of cost sheet
reasons for standard costing card
Features of Effective Cost Center Framework During the establishing cost centers, an organization must consider the given points as: a) Clear definition about the cost cent
distinguish between bin card and store ledgre
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