User Account

All Pages

What is the learning-curve percentage

Assignment Help Managerial Accounting
Reference no: EM132628862

Harold's Picture manufactures various picture frames. Each new employee takes 6 hours to make the first picture frame and 4.8 hours to make the second. The manufacturing overhead charge per hour is $25.

Required:

Problem a. What is the learning-curve percentage, assuming the cumulative average method?

Problem b. What is the time needed to build 8 picture frames by a new employee using the cumulative average-time method? You may use an index of -0.1520.

Problem c. What is the time needed to produce the 16th frame by a new employee using the incremental unit-time method? You may use an index of -0.3219.

Problem d. How much manufacturing overhead would be charged to the 16 picture frames using the average-time approach?

Reference no: EM132628862

Questions Cloud

Make a cost of goods manufactured for golden manufacturers : Make a Cost of goods manufactured for Golden Manufacturers. Golden Manufacturers provides you with the following data: Cost of goods sold, ? 3,600,000
Characteristics of particular environmental health problems : What are the characteristics of particular environmental health problems that render them more, or less, tractable to amelioration or elimination?
Find how much can withdraw each month : You have $26,500 in your RRSP now and plan to deposit $1,000 each month for 25 years starting next month. How much can withdraw each month?
Evaluate the history of the data encryption standard : Evaluate the history of the Data Encryption Standard (DES) and then how it has transformed cryptography with the advancement of triple DES.
What is the learning-curve percentage : What is the time needed to build 8 picture frames by a new employee using the cumulative average-time method? You may use an index of -0.1520.
Catholic tradition on the use of nutrition and fluids : The Catholic Tradition on the Use of Nutrition and Fluids. This position will be basically the same for the use of ventilators at the end of life.
Are there other frameworks mentioned has been discussed : The required article readings this week give a good discussion and look at some of the frameworks that are used to manage risk within organizations.
Provide the costing statement with correct classifications : Provide the materials, labour and expenses needed for the production of the product. Provide the costing statement with the correct classifications
Accountability strategies : The Chief Operating Officer (COO) is new and not aware of some of the changes that are needed to increase production, administrative

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Find the cost of goods manufactured the period equals

Find The Cost of Goods Manufactured the period equals, Miami Corp. obtained the information from its accounting records Sales.

  Evaluate the cost of ending inventory is

If the cost per unit is $10, you have beginning inventory of 2,000, produced 50,000 units, and sold 51,000 units, the cost of ending inventory is

  How the cost of such an asset may be considered irrelevant

However, the cost of such an asset may be considered irrelevant in most internal decision-making. Explain how and why this might be true

  How much is the net benefit of relaxing the company

How much is the net benefit of relaxing the company's credit selection and standards?Company ABC would like to relax its credit selection

  Estimate the overhead costs of each of the three products

Compare the actual overhead cost to the amount of overhead applied to the three products in June. Estimate the overhead costs of each of the three products

  What are the costs allocated to each of the production

What are the costs allocated to each of the production departments? Which allocation base is preferable? The personnel department at Hudson Company has $45,000

  What happens to demand or supply that led to the shortage

Does a short imply that the price of the item is above or below the equilibrium price? What happens to demand or supply that led to the shortage? Please explain

  Determine the monthly cost including benefits per coder

$25.00 plus 30% in benefits. If the coder contributes 6.5 hours per day for 20 days per month, determine the monthly cost including benefits per coder.

  What is the net advantage to the company from upgrading

The Careless Whisper Company has 400 obsolete desk calculators, What is the net advantage or disadvantage to the company from upgrading the calculators?

  Balances appeared in the accounts of fast wheels

The following transactions occurred in June at Fast Wheels, Inc., a custom bicycle manufacturer:

  Find and estimate the variable operating cost per kilometer

Find and estimate the variable operating cost per kilometer and the annual fixed operating cost associated with the fleet of trucks.

  Why transfer of sub-frames matters to the manage

Explain whether the transfer price selected for this transfer of sub-frames matters to the manager of the Chassis Division. and why

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