8:57 PM Sun Mar 5 . . . ( 50% Assignment Score: 43.39% All work saved. Email Instructor Save and Exit Submit Assignment for Grading8:57 PM Sun MarS ''b D 50%- . B v2.cengagen0w.com a CengageNOWvZ | Online teaching and learning r... r7. (9 Characteristics of Production Process, Cost Measurement Vince Melders, of EcoScape Company, designs and installs custom lawn and garden irrigation systems for homes and businesses throughout the state. Each job is different, requiring different materials and labor for installing the systems. EcoScape estimated the following for the yea r: . EX.05.11.ALGO Number of direct labor hours 6.720 . EX. 4.ALGO Direct labor cost $67,200 Overhead cost $50,400 . EX.05.17.ALGO During the year, the following actual amounts were experienced: . PR.05.26.ALGO Number of direct labor hours 6,045 Direct labor incurred $66,495 Overhead incurred $50,500 Vince Melders, owner of EcoScape, noticed that the watering systems for many houses in a local subdivision had the same layout and required virtually identical amounts of prime cost. Vince met with the subdivision builders and offered to install a basic watering system in each house. The idea was accepted enthusiastically, so Vince created a new company, Irrigation Specialties, to handle the subdivision business. In its first three months in business, Irrigation Specialties experienced the following: June July August Number of systems installed 48 68 88 . CheckM Work ( Previous Next) Progress: 3/7 Items Assignment Score: 43.39% All work saved. Submit Assignment for Grading 8:57 PM Sun Mar 5 . . . 50% Assignment Score: 43.39% All work saved. Email Instructor Save and Exit Submit Assignment for Grading