User Account

All Pages

How much is the direct labor standard cost per hour

Assignment Help Accounting Basics
Reference no: EM131697688

Question - Cedar Designs Company, a custom cabinet manufacturing company, is setting standard costs for one of its products. The main material is cedar wood, sold by the square foot. The current cost of cedar wood is $4.00 per square foot from the supplier. Delivery costs are $0.20 per square foot. Carpenters' wages are $20.00 per hour. Payroll costs are $3.00 per hour, and benefits are $6.00 per hour. How much is the direct labor standard cost per hour?

A. $29.00

B. $9.00

C. $20.00

D. $23.00

Reference no: EM131697688

Questions Cloud

How much is the direct labor standard cost per hour : Cedar Designs Company, a custom cabinet manufacturing company, is setting standard costs for one of its products. How much direct labor standard cost per hour
Evaluate the concept of the efficient frontier : Evaluate the concept of the efficient frontier and how you will use it to determine an asset portfolio for a specified investor.
Where are the companys headquarters located : Where are the company's headquarters located?What is the mission statement of the company you chose to study?
Determine the net income for alpha : Alpha Corporation has one class of common stock with a par value of $5. There is no Treasury Stock balance as of January 1, 2017.
How much is the direct labor standard cost per hour : Payroll costs are $3.00 per hour, and benefits are $6.00 per hour. How much is the direct labor standard cost per hour
Discuss the traveling production of the phantom : A traveling production of The Phantom of the Opera performs each year. The average show sells 800 tickets at $50 a ticket. There are 100 shows each year.
What is the present value of acmes future cash flows : What is the present value of Acme's future cash flows using the discounted cash flow model? Explain your reasoning using references from the background reading.
How much is the direct materials standard cost per square : Payroll costs are $4.00 per hour, and benefits are $5.00 per hour. How much is the direct materials standard cost per square foot
Determine the quick ratio for december : Gmeiner Co. had the following current assets and liabilites on December 31 of two recent years: Determine the quick ratio for December 31 of both years

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.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  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!

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