Calculate labor productivity for each of the weeks shown. Use the best measure of output and labor available. b. Now calculate multifactor productivity for each of the weeks shown. Explain your results imply in terms of dollars of output

A customer has requested a quotation for a machining job consisting of 80 parts. The starting work part is a casting that will cost $17 per casting. The average production time of the job is 13,8 min on an automatic machine whose equipment cost rate is 66 $/h. This rate does not include any overhead costs. Tooling cost is $0,35 per part. The factory overhead rate is 128% and the corporate overhead rate is 230%. These rates are applied only to time and tooling costs, not starting material costs. The company uses a 15% markup (profit) on total cost for its price quotes. What is the quoted price for this job?

Faucet Industries Inc. manufactures faucets in a small manufacturing facility. The faucets are made from zinc. Faucet Industries has 70 employees. Each employee presently provides 36 hours of labor per week. Information about a production week is as follows: Standard wage per hour $12.00 Standard labor time per faucet 20 min. Standard number of lbs. of zinc 2.1 lbs. Standard price per lb. of zinc $10.00 Actual price per lb. of zinc $10.25 Actual lbs. of zinc used during the week 15,600 lbs. Number of faucets produced during the week 7,200 Actual wage per hour $12.40 Actual hours per week 2,520 hrs a.  Determine the standard cost per faucet for direct materials and direct labor. Do not round intermediate calculations and round your answers to the nearest cent.

Lenni Clothing Co. manufactures clothing in a small manufacturing facility. Manufacturing has 25 employees. Each employee presently provides 40 hours of productive labor per week. Information about a production week is as follows: Standard wage per hr. $12.00 Standard labor time per unit 12 min. Standard number of yds. of fabric per unit 5.0 yds. Standard price per yd. of fabric $5.00 Actual price per yd. of fabric $5.10 Actual yds. of fabric used during the week 26,200 yds. Number of units produced during the week 5,220 Actual wage per hr. $11.80 Actual hrs. for the week 1,000 hrs.

Seaside Company produces picture frames. During the year 190,000 picture frames were produced. Materials and labor standards for producing the picture frames are as follows:     Direct materials (2 pieces of wood @ $2.25) $4.50 Direct labor (2 hours @ $10) $20.00     Seaside purchased and used 400,000 pieces of wood at $2.00 each and its actual labor hours were 360,000 hours at a wage rate of $10.50.     Refer to Figure 10-5. What is the materials usage variance?     $112,500 F     $112,500 U     $45,000 F     $45,000 U

Mariposa, Inc., produces machine tools and currently uses a plantwide overhead rate, based on machine hours. Harry Whipple, the plant manager, has heard that departmental overhead rates can offer significantly better cost assignments than can a plantwide rate. Mariposa has the following data for its two departments for the coming year:   Department A Department B Overhead costs (expected) $528,000 $132,000 Normal activity (machine hours) 110,000 55,000 Required: 1. Compute a predetermined overhead rate for the plant as a whole based on machine hours.$fill in the blank 1 per machine hour 2. Compute predetermined overhead rates for each department using machine hours. Round your answers to one decimal place. Department A $fill in the blank 2 per machine hour Department B $fill in the blank 3 per machine hour 3. Suppose that a machine tool (Product X75) used 60 machine hours from Department A and 140 machine hours from Department B. A second machine tool (Product Y15)…

Poodle Grooming Parlour has overheads of ​£11,000 per month. Each month 2,000 direct labour hours are worked and charged to specific​ jobs, each of which involves grooming dogs for shows.   The costs and time incurred on job number 66962 ​were:   Direct materials​ (£) 40.00 Direct labour​ (hours) 5 Wage rate​ (£ per​ hour)   16.00   Overheads are charged to jobs on a direct labour hour basis. The cost to the customer is full cost plus 80​%.   ​Required: Calculate the full cost and the amount to be charged to the customer for job number 66962.       Question content area bottom Part 1 ​Firstly, the overhead absorption rate can be found by this​ formula:   ​(Complete the necessary drop​ downs.)       Part 2 The values can now be inserted​ (Calculate the overhead absorption rate to two decimal ​places.)​:   Overhead absorption rate   ​=       ​=   ​£enter your response here   per direct labour hour…

The Assembly Department produced 5,000 units of product during March. Each unit required 2.20 standard direct labor hours. There were 11,500 actual hours used in the Assembly Department during March at an actual rate of $17.60 per hour. The standard direct labor rate is $18.00 per hour. Assuming direct labor for a month is paid on the fifth day of the following month, journalize the direct labor in the Assembly Department on March 31. If an amount box does not require an entry, leave it blank. Date Account Debit Credit March 31

Jericho Fixture Company manufactures faucets in a small manufacturing facility. The faucets are made from brass. Manufacturing has 50 employees. Each employee presently provides 36 hours of labor per week. Information about a production week is as follows: Line Item Description Value Standard number of lbs. of brass 1.3 lbs. Standard price per lb. of brass $11.50 Standard wage per hour $10.80 Standard labor time per unit 20 min. Actual price per lb. of brass $11.75 Actual lbs. of brass used during the week 12,051 lbs. Number of units produced during the week 9,000 Actual wage per hour $11.12 Actual hours for the week (50 employees × 36 hours) 1,800 Required: a. Determine the standard cost per unit for direct materials and direct labor. Round the cost per unit to two decimal places. Line Item Description Cost per Unit Direct materials standard cost per unit $fill in the blank 1 Direct labor standard cost per unit $fill in the blank 2 Total standard cost…

Loving Bonito Ltd manufactures custom-made purses. The following data pertains to Job L0011: Direct materials placed into production   $4,000 Direct labour hours worked 50 hours Direct labour rate per hour  $ 15 Machine hours worked 100 hours  Factory overhead is applied using a plant-wide rate based on direct labour hours. Factory overhead was budgeted at $80,000 for the year and the direct labour hours were estimatedto be 20,000.  Job L0011 consists of 50 units. What the labour cost per unit for Job L0011?   Question 4 options:   1)  $4   2)  $15   3)  $0.80   4)  $40