User Account

All Pages

Calculate the piecework award for anita

Assignment Help Cost Accounting
Reference no: EM133080655

Question - Anita is working for a garment factory stitching material on an hourly basis. She is paid based on a piecework compensation plan whereby the base rate is RM5 per hour. Within each hour, Anita must stitch between 2 to 10 garments for the base rate to be applicable. Any additional stitched garments within an hour, a piecework incentive will be awarded in the amount of RM2 per garment. The following presents Anita's output over the course of 4 hours:

Hour

Number of stitched garment(s)

First hour

8

Second hour

12

Third hour

14

Fourth hour

16

Required - Using the Table above, calculate the piecework award for Anita based on the information provided.

Reference no: EM133080655

Questions Cloud

Compute the total manufacturing cost : Administrative expenses: P500,000, Work-in Process, beg.: P250,000, Work-in Process, end.: P110,000. Compute the total manufacturing cost
Determine the equilibrium price and quantity : 1. A pharmaceutical company has estimated the following demand and supply curves for their new drug:
About diagnosing employee performance problems : Discuss how you would go about diagnosing an employee's performance problems. List several factors to consider.
Theory of long run growth : 1. With respect to theory of long run growth, the opportunity cost of increased savings is:
Calculate the piecework award for anita : Anita is working for a garment factory stitching material on an hourly basis. Calculate the piecework award for Anita based on the information provided
Managerial problems can be caused by use of budgets : Discuss why it is important for a company to use budgeting techniques. What type of managerial problems can be caused by the use of budgets?
Determine the cost of goods sold for the period : Merchandise inventory, beginning 55,000; Merchandise inventory, ending 35,000. Determine the Cost of goods sold for the period
Social responsibilities of business operations : Identify the ethical and social responsibilities of business operations of multinational firms working in a global market. In your discussion, address specifica
Humanity as ultimate predator : Is hunting the only major issue that might threaten the existence of these organisms? Should we limit ourselves to eating only certain organisms?

Reviews

Write a Review

Cost Accounting Questions & Answers

  Is overhead underapplied or overapplied and why

The overhead rate is $17 per unit, 53,000 units were sold, and 52,000 units were produced. For the end of the year, is overhead underapplied or overapplied?

  What conflicting incentives for managers can occur

What conflicting incentives for managers can occur between the use of a yearly ROI performance measure and DCF for capital budgeting?

  Create the balance sheetincome statement and statement of

create the balance sheetincome statement and statement of retained earnings for the following company in an

  Calculate the dividends declared during the year

Calculate dividends using the accounting equation At the beginning of its current fiscal year, Willie Corp.'s balance sheet showed assets of $12,400 and liabilities of $7,000.

  Solve what the cost is for each hour of using the machine

Solve what the cost is for each hour of using the machine by accepting the annual interest rate as 16% and Draw a cash flow diagram.

  What was total product cost in january

What was total product cost in January? What was product cost per unit in January? What was total prime cost in January? What was prime cost per unit in January?

  Find the companys predetermined overhead rate

Menghitung the Predetermined Overhead Rates - Compute the companys predetermined overhead rate for the year

  Calculate cost of goods manufactured

Calculate Cost of Goods Manufactured and prepare a schedule to support your calculations based upon the following information for Example Manufacturing, Inc. for January 2012. (See slide 13 of S-V for an example of a schedule):

  Eliminate need for recall and reduce the costs for warranty

The manufacturer expects the quality-improvement program to eliminate the need for recall and reduce the costs for other warranty repairs.

  Compute the adjusted capacity for the committed resource

Compute the adjusted capacity for the committed / fixed resource. Ratliff Appliances Company makes a household appliance with model number RM16.

  Explain the concept of a flexible budget

Explain the concept of a flexible budget, why it is used, and what value it serves managers within the organization. Illustrate the use of a flexible budget

  What will be the companys return on equity

Under these conditions, the tax rate will be 34%. If the changes are made, what will be the company's return on equity?

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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