A large hamburger franchise (Jeffs) has documented the standard direct materials quantities and standard materials prices...
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A large hamburger franchise (Jeffs) has documented the standard direct materials quantities and standard materials prices for its regular hamburger. E (Click the icon to view the data.) In addition to the direct materials standards, the company sets standards for direct labour. The standard labour wage rate is $10.00 per hour. Since the griddles are so large, the restaurants cook the hamburgers in batches of 25. The standard time allotted cook, apply condiments, and wrap each batch of 25 hamburgers is three minutes. Compute the standard direct labour cost per hamburger. (Hint: Find the quantity and price standards in minutes.) Begin by determining the basic formula used to compute the standard cost of input, then compute the standard (direct labour) cost of input. (Round interim calculations to two decimal places and round the final answer to three decimal places.) Standard cost of input Data Table - X Jeff's Standard Direct Materials per Hamburger 1 bun 1 pickle slice 1/4 teaspoon of mustard 1 hamburger patty 1/8 teaspoon of onion 25 g of ketchup Standard Materials Prices Buns $0.09 each Onion....... $0.12 per teaspoon Hamburger patties ... $0.21 each Mustard..... $0.04 per teaspoon Choose from any list or enter any number in the input fields and then continue to the next question. Pickle slices $0.03 per slice Ketchup $0.14 per 100 g A large hamburger franchise (Jeffs) has documented the standard direct materials quantities and standard materials prices for its regular hamburger. E (Click the icon to view the data.) In addition to the direct materials standards, the company sets standards for direct labour. The standard labour wage rate is $10.00 per hour. Since the griddles are so large, the restaurants cook the hamburgers in batches of 25. The standard time allotted cook, apply condiments, and wrap each batch of 25 hamburgers is three minutes. Compute the standard direct labour cost per hamburger. (Hint: Find the quantity and price standards in minutes.) Begin by determining the basic formula used to compute the standard cost of input, then compute the standard (direct labour) cost of input. (Round interim calculations to two decimal places and round the final answer to three decimal places.) Standard cost of input Data Table - X Jeff's Standard Direct Materials per Hamburger 1 bun 1 pickle slice 1/4 teaspoon of mustard 1 hamburger patty 1/8 teaspoon of onion 25 g of ketchup Standard Materials Prices Buns $0.09 each Onion....... $0.12 per teaspoon Hamburger patties ... $0.21 each Mustard..... $0.04 per teaspoon Choose from any list or enter any number in the input fields and then continue to the next question. Pickle slices $0.03 per slice Ketchup $0.14 per 100 g
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Related Book For
The Legal Environment of Business
ISBN: 978-0538473996
11th Edition
Authors: Roger E Meiners, Al H. Ringleb, Frances L. Edwards
Posted Date:
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