Compute the standard rate per direct labor hour

Assignment Help Accounting Basics
Reference no: EM133105118

Question - Flower Corporation, which manufactures dog toys, is developing direct labor standards. The basic direct labor rate is $11.48 per hour. Payroll taxes are 12% of the basic direct labor rate, while fringe benefits such as vacation and health care insurance, are $2.55 per hour. Compute the standard rate per direct labor hour for Flower corporation?

Reference no: EM133105118

Questions Cloud

Water restrictions force pepsi to cease production : "The blind pursuit of profit at all costs is untenable. It is essential that we make money the right way. After all, if communities suffer as a result of a comp
Understand foreign direct investment : The purpose of this assignment is to enhance the learner's ability to understand foreign direct investment undertaken by a firm and its implications to the host
What is current design of your job : What is the current design of your job? Assume that the opportunity arose for you to utilize the idiosyncratic deals (i-deals) in redesigning your job.
Goal setting on interpersonal and organizational : What is the impact of goal setting on interpersonal and organizational? Explain how goal setting and conscious culture research supports your position.
Compute the standard rate per direct labor hour : The basic direct labor rate is $11.48 per hour. Payroll taxes are 12% of the basic direct labor rate, Compute the standard rate per direct labor hour
What is the amount of consolidated shareholder equity : Stockholder's equity of Galaxy on January 1, 2022 is composed of Ordinary shares P4,500,000, What is the amount of consolidated shareholder equity
Which represent the revenue recognized : DXC uses the percentage of completion method to recognize revenue. Which of the following represent the revenue recognized in 2013, 2014, and 2015
Liability of professionals and insurance policy coverage : Analyze the major connections between liability of professionals, insurance policy coverage, and settlement of claims due to health care liability issues
How much is the year one operating cash flow : Stuart's marginal federal-plus-state tax rate is 25%, and its WACC is 12%. How much is the year 1 operating cash flow

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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