Solution-Complete the chart by filling in the labor time

Complete the chart by filling in the labor time

Assignment Help Cost Accounting

Reference no: EM13554452

Assume that General Dynamics, which manufactures high-technology instruments for spacecraft, is considering the sale of a navigational unit to a government agency in India that wishes to launch its own communications satellite. The government agency plans to purchase 8 units, although it would also consider buying 16 units. General Dynamics has started a chart relating labor time required to units produced.

	Time Required to
Unit Produced (X)	Produce the Xth Unit
1	10,000 hours
2	8,000 hours
4	6,400 hours
8	?
16	?

Required

a. Complete the chart by filling in the labor time required to produce 8 and 16 units.

b. Assume that labor time costs $125 per hour. Compare the cost of producing the first unit to the cost of producing the 16th unit. What is the percentage of the cost of the 16th unit to the cost of the first unit?

Reference no: EM13554452

Questions Cloud

What is the percentage of the cost of proofreading : Complete the chart by filling in the time required to proofread financial statements and what is the percentage of the cost of proofreading the 16th financial statement to the cost of proofreading the first financial statement?

Evaluate the empirical formula for natural flavors : Calculate the empirical formula for each of the following natural flavors based on their elemental mass percent composition. Express your answer as a chemical formula.

Determine how many harmonics are possible : If the pipe is open at one end only, how many harmonics are possible in the normal hearing range from 20 to 20000 Hz

Determine the frequencies of the first three harmonics : Use the worked example above to help you solve this problem. A pipe is 2.38 m long. Determine the frequencies of the first three harmonics

Complete the chart by filling in the labor time : Complete the chart by filling in the labor time required to produce 8 and 16 units and compare the cost of producing the first unit to the cost of producing the 16th unit. What is the percentage of the cost of the 16th unit to the cost of the first..

Explain the same kind of structure as c2h6 : Why does B2H6 not have the same kind of structure as C2H6. Draw the structure that B2H6 does have and describe the nature of the two sorts of BH bonds therein.

Discuss three issues regarding hours on the job : Discuss three issues regarding hours on the job

Establish the giftware business : Plant and equipment necessary to establish the giftware business will require an additional investment of $200,000 - What is the net present value of the project?

Which have some similarities in their imagery : Which have some similarities in their imagery

User Account

All Pages

Complete the chart by filling in the labor time

Reference no: EM13554452

Reference no: EM13554452

Questions Cloud

Reviews

Write a Review

Cost Accounting Questions & Answers

Cost accounting assignment

Prepare the journal entries

Advise as to the liability of all the parties

Prepare revenues budget

Effect of exchange rate changes on cash and cash

Corporate governance

Cost-benefit analysis

Non-annual interest rates and annuities

Job costing in service organizations

Accounting for bad debt expense

Accounting and partnership problems

Development of relevant cash flows

Assured A++ Grade

Academics

Major Subjects

Majors

Get In Touch

TERMS & POLICIES

HELP & SUPPORT