Find the expected direct material cost

Reference no: EM13203293

A small company expects to produce 8,000 items in the upcoming year. The current material cost is $5.25 each. 14 minutes of direct labor are required per unit. Workers are paid $7.50 per hour. 2,133 direct labor hours are forecasted for the product. Miscellaneous overhead costs are estimated at $48,000.

Find the expected direct material cost, the direct labor cost, the prime cost, the burden as a function of production and direct labor, and the total cost.

Reference no: EM13203293

Questions Cloud

Approximate the value of the given function : Differentiate the following functions with respect to the independent variable.

Write a query that lists highest earners for each department : Write a query that lists the highest earners for each department. Include the last_name, department_id and the salary for each employee.

Find what is the probability that get exactly two strikes : what is the probability that he will get exactly two strikes in four attempts? At least two strikes in four attempts?

What was the speed on each part of the trip : during the first part of a trip, a canoeist travels 100 miles at a certain speed. the canoeist travels 25 miles on the second part of the trip at a speed of 5 mph slower. the total time for the trip is 4 hrs. what was the speed on each part of the..

Find the expected direct material cost : A small company expects to produce 8,000 items in the upcoming year. The current material cost is $5.25 each. 14 minutes of direct labor are required per unit. Workers are paid $7.50 per hour. 2,133 direct labor hours are forecasted for the produc..

New urban culture : Which of the following statements most accurately characterizes the new urban culture of large U.S. cities such as New York during the early 1800s?

Calculate the distance traveled by the prey from the time : Calculate the distance traveled by the prey from the time it is dropped until it hits the ground. Express your answer correct to the nearest tenth of a meter.

At this rate, how many yen will the dollar equal in 2015 : in 1990, 1 dollar equalled 125 yen. In 2010, 1 dollar equalled 80 yen. At this rate, how many yen will the dollar equal in 2015?

Find what is the maximum height that the grapefruit reaches : A grapefruit is thrown with a velocity of 50 ft/sec upwards, off the top of a 256- foot tall building. How long does it take for the grapefruit to reach, and splatter all over, the sidewalk below?

User Account

All Pages