Compute for total direct labor cost for both products

Assignment Help Cost Accounting
Reference no: EM132766815

Question - The management of Gigi Inc. wants to assess how much its direct labor cost has grown since last month. During last month, its total direct labor cost is $ 28,500. For this month, the details of its payroll are as follows:

The production workers for Product A have an hourly rate of $5 per hour.

The production workers for Product B have an hourly rate of $6 per hour.

The production workers for Product A work 165 hours for this month.

The production workers for Product B work 170 hours for this month.

The total production workers for Product A are 15 workers.

The total production workers for Product B are 20 workers.

Required - Compute for TOTAL Direct Labor Cost for both products?

Reference no: EM132766815

Questions Cloud

The path to information value : "The Path to Information Value" that Seventy percent of managers and executives say data are "extremely important" for creating competitive advantage.
Explain the major functions of management accounting : Describe and explain the major functions of management accounting and explain the differences between management accounting and financial accounting
Big data in supply chain : Logistics and Supply Chain Management - Big Data in supply chain - responsible for appropriately citing material and methods that you use.
Principle impacts data security : Read five articles and discuss the principle of least privilege in at least 500 words. Explain how this principle impacts data security.
Compute for total direct labor cost for both products : The production workers for Product A have an hourly rate of $5 per hour. Compute for TOTAL Direct Labor Cost for both products
Would the client be eligible for involuntary commitment : Based on the laws in your state, would the client be eligible for involuntary commitment? Explain why or why not. Did understanding the state laws confirm.
What value they might have in security investigation : Describe what information was contained in the logs and what value they might have in a security investigation.
Compute the eac for machines : You are evaluating two different silicon wafer milling machines. The Techron I costs $265,000, has a 3-year life, and has pre-tax operating costs of $41,000 per
Iot security final version : Describe what IoT is; what are some of the security risks and issues with IoT devices; what steps can be taken to mitigate these risks?

Reviews

Write a Review

Cost Accounting Questions & Answers

  Evaluate medical expense deduction

Dotty's insurance company reimbursed therefore $8,800 of these expenses. If Dotty's AGI is $47,200, evaluate her medical expense deduction.

  Prepare a post-closing trial balance

Prepare the income statement and the statement of owner's equity for the month of April and the balance sheet at April 30, 2008.

  Calculate the mean or average of these yoy returns

Calculate the mean or average of these YoY returns from your sample. Calculate the standard deviation of the YoY returns. (In Excel, use the STDEV function.)

  What is the retailer effective cost of trade credit

What is the retailer's effective cost of trade credit? A large retailer obtains merchandise under the credit terms of 1/10, net 45, but routinely takes 50 days

  Calculate the number of units to be produced

Calculate the number of units to be produced in each of the months of August, September, and October.

  Prepare the cost of goods sold section for adams gift shop

Prepare the cost of goods sold section for Adams Gift Shop. The following amounts are known.

  Calculate revised eps and gearing using share financing

Calculate the current earnings per share and calculate the current gearing and calculate the revised EPS and gearing using ordinary share financing

  The estimates of the variable and fixed components

What is the most likely effect on the labor variances in the first month of this strike. the estimates of the variable and fixed components of repair cost would be

  Make the unadjusted trial balance for solid systems

Make The unadjusted trial balance for Solid Systems as December 31 is provided on the trial balance tab. As of December 31, employee had earned $1,600 of unpaid

  Compute the equivalent production using average method

Work in process end: 1/2 is 4/5 completed and the balance is 1/2 completed. Compute the equivalent production using FIFO and Average Method

  Prepare a bank reconciliation for chung company

Prepare a bank reconciliation for Chung Company using the May 31 bank statement included a $100 debit memorandum for bank services; Chung has not yet recorded the cost of these services.

  What is the total production per day if the change is made

What is the total production per day if the change is made? Speedy Dress Manufacturing has two workstations, cutting and finishing.

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