The Shoe Shop Company manufactures two types of shoes; dress and casual shoes. For the month...
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The Shoe Shop Company manufactures two types of shoes; dress and casual shoes. For the month of May, the company plans to produce 19,000 pairs of dress shoes and 19,000 pairs of casual shoes. Both types of shoes are produced in the assembling and finishing departments. The direct labor rates for assembling and finishing departments are $15.00 per hour and $16.00 per hour respectively. The following table indicates the amount of direct labor hours required for each type of shoe: Assembling Finishing Dress shoes 30 minutes per pair 30 minutes per pair Casual shoes 30 minutes per pair 15 minutes per pair Calculate the budgeted direct labor cost. Do not enter dollar signs or commas in the input boxes. Round all answers to 2 decimal places. Assembling Finishing Cost per unit of input ($/hour) Amount of Inputs Cost per unit of Input ($/hour) Amount of Inputs Total Total per unit (minutes) per unit (minutes) Dress Shoes Casual Shoes The Shoe Shop Company manufactures two types of shoes; dress and casual shoes. For the month of May, the company plans to produce 19,000 pairs of dress shoes and 19,000 pairs of casual shoes. Both types of shoes are produced in the assembling and finishing departments. The direct labor rates for assembling and finishing departments are $15.00 per hour and $16.00 per hour respectively. The following table indicates the amount of direct labor hours required for each type of shoe: Assembling Finishing Dress shoes 30 minutes per pair 30 minutes per pair Casual shoes 30 minutes per pair 15 minutes per pair Calculate the budgeted direct labor cost. Do not enter dollar signs or commas in the input boxes. Round all answers to 2 decimal places. Assembling Finishing Cost per unit of input ($/hour) Amount of Inputs Cost per unit of Input ($/hour) Amount of Inputs Total Total per unit (minutes) per unit (minutes) Dress Shoes Casual Shoes
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Related Book For
Spreadsheet Modeling & Decision Analysis A Practical Introduction to Management Science
ISBN: 978-0324656633
5th edition
Authors: Cliff T. Ragsdale
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