Bale (Appliance Repairs) Ltd offers on-site, household appliance repairs to householders. Each month, there are 1900.00...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
Bale (Appliance Repairs) Ltd offers on-site, household appliance repairs to householders. Each month, there are 1900.00 direct labour hours worked on repairs to washing machines, dishwashers and freezers. During the most recent month, the business incurred the following expenses: Direct materials Direct labour Overheads £ 6,000 32,000 20,000 During the month, a dishwasher was repaired for a customer. Replacement parts cost £62 and a technician took 3 hours to carry out the repair work. The business uses the direct labour hour basis for overhead recovery and charges an additional 45% to the full cost of a job as a profit mark-up. What should be the price charged to the customer for repairs to the dishwasher? (All calculations to nearest pence.) The price charged to the customer for repairs to the dishwasher is £ Bale (Appliance Repairs) Ltd offers on-site, household appliance repairs to householders. Each month, there are 1900.00 direct labour hours worked on repairs to washing machines, dishwashers and freezers. During the most recent month, the business incurred the following expenses: Direct materials Direct labour Overheads £ 6,000 32,000 20,000 During the month, a dishwasher was repaired for a customer. Replacement parts cost £62 and a technician took 3 hours to carry out the repair work. The business uses the direct labour hour basis for overhead recovery and charges an additional 45% to the full cost of a job as a profit mark-up. What should be the price charged to the customer for repairs to the dishwasher? (All calculations to nearest pence.) The price charged to the customer for repairs to the dishwasher is £
Expert Answer:
Answer rating: 100% (QA)
To calculate the price charged to the customer for repairs to the dishwasher we need to consider the ... View the full answer
Related Book For
Managerial Accounting Decision Making and Performance Management
ISBN: 978-0273764489
4th edition
Authors: Ray Proctor
Posted Date:
Students also viewed these accounting questions
-
Read the case study "Southwest Airlines," found in Part 2 of your textbook. Review the "Guide to Case Analysis" found on pp. CA1 - CA11 of your textbook. (This guide follows the last case in the...
-
Managing Scope Changes Case Study Scope changes on a project can occur regardless of how well the project is planned or executed. Scope changes can be the result of something that was omitted during...
-
The CPA Firm of Abernethy and Chapman is located in the central portion of Virginia. This partnership began operations in 1979 and now employs 145 accountants out of a main office in Richmond and...
-
The company of choice is APPLE INC (AAPL). Brief description of the company (one paragraph, briefly summarizing the companys business) Company history (origin, major developments, etc.) Organization...
-
Because of a drop in demand for its products, Company A found it necessary to lay off 200 employees. The employment contract grants termination benefits worth an estimated $12,000 to each employee....
-
Compare and contrast normative social influences and informational social influences.
-
Oil (SAE 30) at \(15.6{ }^{\circ} \mathrm{C}\) flows steadily between fixed, horizontal, parallel plates. The pressure drop per unit length along the channel is \(30 \mathrm{kPa} / \mathrm{m}\), and...
-
The following information is available for the Johnson Corporation for 2011: Required: Applying both a perpetual and a periodic inventory system, prepare the journal entries that summarize the...
-
Luke Corporation produces a variety of products, each within its own division. Last year, the managers at Luke developed and began marketing a new chewing gum, Bubbs, to sell in vending machines. The...
-
The Picking, Packing, and Shipping process uses 4 different teams: Picking team - gets items from the shelves and sends to Packing Group A and Packing Group B Packing Group A - packs items from the...
-
Mendenhall and Sincich (1993) present data that can be used to investigate allegations of gender discrimination in the hiring practices of a particular firm. These data are given on Page 732 in the...
-
Read the scenario below and write a letter of request to the person as indicated. . Use the PEDAG format and all the components of a standard business letter. . You may refer to the examples supplied...
-
Maxey & Sons manufactures two types of storage cabinets-Type A and Type B-and applies manufacturing overhead to all units at the rate of $128 per machine hour. Production information follows....
-
Find the present value for the amount given in the table. Amount $3977.23 Nominal Rate 7.4% Frequency of Conversion semi-annually Time 14 years The present value is $ (Round to the nearest cent as...
-
AND T E A Question # 04 The figure shows the wave function of electrons arriving on a screen along the x-axis. a. Draw a graph of (x). Agend jo usis WO b. Draw a dot pattern showing the likely...
-
A. Open 1 WORD file. Write all three letters with the ff. cases: Letter 1: A consumer product that you especially like is suddenly no longer available in retail stores in your area. Write the...
-
A book selling company has a Head Office and 25 shops, each of which holds cash (banknotes, coins and credit card vouchers) at the year-end date. There are no receivables. Accounting records are held...
-
What is an access control list?
-
ST plc produces three types of processed foods for a leading food retailer. The company has three processing departments (Preparation, Cooking and Packaging). After recognizing that the overheads...
-
Hinj Ltd manufactures and sells four products: arms, brackets, clips and D-rings. This year, for the first time, it is operating an activity-based costing system in parallel with its long-standing...
-
Marie and Peter Bridge run a business manufacturing and selling sets of the popular French game, boules. The boules are turned from aluminium, packaged in a neat carrying case and sold for 22 a set....
-
The trial balance of Mumbai Co. at 31 December was as follows: The following information is applicable. (a) Inventory on 31 December is 850,000. (b) The cumulative allowance for doubtful debts is to...
-
The trial balance of Penang Co. on 31 July 20X7 was as follows. The following additional information is available: 1. Inventory at 31 July 20X6 is valued at 1,361,000. 2. Depreciation for the year is...
-
The trial balance of Shanghai Co. on 31 March 20X7 is given below. The following information is also relevant: 1. Closing inventory is valued at 133m. 2. Electricity accrued is estimated to be 5m. 3....
Study smarter with the SolutionInn App