Determine the standard labour cost of one unit

Assignment Help Managerial Accounting
Reference no: EM132593700

Question 1: MKL Ltd has determined that one unit of its product requires 1.5 hours of direct labour in the assembly department and 1 hour in the finishing department. Assemblers are paid $8.00 per hour and finishers are paid $9.00 per hour. Determine the standard labour cost of one unit.

Select one:

Option a. Cannot be determined by the information given.

Option b. $17.00.

Option c. $20.00.

Option d. $21.00.

Option e. $22.50.

Reference no: EM132593700

Questions Cloud

Calculate the value of jane doe financial holdings : Calculate the M2 value of Jane Doe's financial holdings. A $20 traveler's check from her last business trip to China.$800 in her checking account
Segments into which hospital overall market : Consider the most prominent variables that define a population and compile a list of the segments into which the hospital's overall market
Find if cost behavior patterns remain unchanged in february : At this level of activity, The company planned to manufacture 4,500 units. If cost behavior patterns remain unchanged in February?
Suffering from substernal pain : A 50-year-old man has been suffering from substernal pain for the last 5 months, particularly on waking up in the morning.
Determine the standard labour cost of one unit : Assemblers are paid $8.00 per hour and finishers are paid $9.00 per hour, the finishing department. Determine the standard labour cost of one unit.
Advantages and disadvantages of consuming organic food : What are the advantages and disadvantages of consuming organic food? Is organic food healthier than conventional food? Why or why not?
What are the company fixed expenses for brt ltd : The unit contribution margin is $6, and the break even point in unit sales is 24,000. Find What are the company's fixed expenses?
Find the weighted average unit contribution margin : Determine the weighted average unit contribution margin.Sixty per cent of the sales in units are B and annual fixed expenses are $45,000.
Clinical diagnosis and differential diagnosis : Briefly differentiate between Clinical Diagnosis and Differential Diagnosis. Describe the use of Percussion Hammer or reflex Hammer

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Manage budgets and financial plans

Explain the budgeting process and its importance to a business, identifying the components of different budgets, forecast estimates for inclusion in the budgets.

  Prepare a retained earnings statement

Prepare a retained earnings statement for the year and Prepare a stockholders' equity section of given case.

  Prepare a master budget for the three-month period

Prepare a master budget for the three-month period.

  Construct the companys direct labor budget

Construct the company's direct labor budget for the upcoming fiscal year, assuming that the direct labor workforce is adjusted each quarter to match the number of hours required to produce the forecasted number of units produced.

  Evaluate the predetermined overhead rate

Evaluate the Predetermined Overhead Rate

  Determine the company''s bid

Determine the company's bid if activity-based costing is used and the bid is based upon full manufacturing cost plus 30 percent.

  Compute the pool rates for the different activities

Complete the schedule to compute the pool rates for the different activities.

  Prepare Company financial statements

Prepare Company financial statements

  Prepare an analysis of terracycles

This individual assignment is based on the TerraCycle Inc.

  Discuss the ethical issues

Discuss the ethical issues

  Political resources in emerging markets

Calculate the GDP in Income Approach  and Expenditure Approach

  Management accounting - ehsan electronics company

A new plant accountant suggested that the company may be able to assign support costs to products more accurately by using an activity based costing system that relies on a separate rate for each manufacturing activity that causes support costs.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd