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Question: Lawn Pros Yard Services, Inc. is trying to establish the standard labor cost of a typical lawn that they cut for their customers each week. The following data have been collected from time and motion studies over the last several months: Actual time spent on cutting .75 hour Hourly wage rate $20.00 Payroll taxes 7% of wage rate Equipment setup and downtime 10% of actual labor time Cleanup and rest periods 10% of actual labor time Fringe benefits 20% of wage rate
1. Determine the standard direct labor cost per setup and downtime
2. If a new customer's lawn took 1.25 hours to cut at the standard hourly rate, what was the direct labor quantity variance?
Assume that Lehnert would be paid $35,000 for part-time management for Year 1. Prepare a list of the sales items and selling prices
What The return on sales was? HB Ltd had the following results during the most recent year: Sales $500 000; Residual Income $5 000
Ivy Cosmetics Company consists of two departments, Blending and Filling. The Filling Department received 30,700 ounces from the Blending Department.
What Overhead applied to production totaled? Blakely charges manufacturing overhead to products by using a predetermined application rate
Calculate the contribution to profit from the special order. Should Katzev accept or reject the special order
Where can find Ending Inventory Budget or another? Direct material inventory (Begin) ? Direct material purchase? and Ending material inventory?
Calculate the cost of unused customer service capacity in 2019 with the assumption that customer service costs are engineered costs.
Determine the cost of bolts of polyester. During the month of June, the company purchased 15,200 bolts of spun polyester fabric at the cost of $155 per bolt.
Perform the horizontal, vertical and financial ratios and analysis. Based on the results, identify the weaknesses and strengths of the company
Find Would the summary journal entry to close any under or over applied manufacturing overhead cost be a debit or credit to COGS?
There are 13 units of the item in the physical inventory at December 31. Determine the inventory cost by first-in, first-out method
When determining end of period production cost variances, which of the following product costs components will require flexing?
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