Question: Wisconsin Electronics has received an order for 1,000 specially designed TV/VCR combinations. The following standards were compiled for this order Direct materials: Part #123 $25

Wisconsin Electronics has received an order for 1,000 specially designed TV/VCR combinations. The following standards were compiled for this order
Direct materials:
Part #123 $25 per TV/VCR
Part #456 $50 per TV/VCR
Direct labour: 2.0 hours per TV/VCR at $15 per hour
Manufacturing support: $40 per direct labour hour.
The estimated direct labour cost for this order is:
a. $30,000
b. $40,000
c. $80,000
d. $115,000.

Step by Step Solution

★★★★★

3.37 Rating (172 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Document Format (1 attachment)

1019-B-C-F-D-F(3394).docx

120 KBs Word File

Students Have Also Explored These Related Corporate Finance Questions!

State Farm Supply has just received an order for 10,000 pounds of chicken feed. The farmer has specified certain that the feed meet minimum requirements for Protein, Carbohydrate, Fat and Vitamins....

The price quoted to the customer is closely tied to the estimated cost in environments in which products are made according to the customer's specifications. Therefore, a company must be able to...

What is the net impact on Micro's net income for the quarter ended September 30, 2017, as a result of this forward contract hedge of a firm commitment? a. $-0-. b. $115,000 increase in net income. c....

Wisconsin Electronics has received an order for 1,000 specially designed TV/VCR combinations. The following standards were compiled for this order: Direct materials: Part #123 $25 per TV/VCR Part...

urgent, dead line on Sunday night Financial statement analysis assignment. instructions attatched with 6 other materials you should use. i willing to pay over $100 but why can't i put any money more...

Need ONLY an answer to Part C, step 1, questions 1 and 3. Term Project Part A: Understanding Financial Statements Locate and use an annual report STEP 1: The Company Assigned to you Find the most...

Marginal costing and decision making Multiple choice Introduction to Management Accounting (ACC2008) UNIT 6: MARGINAL COSTING AND DECISION MAKING TUTORIAL QUESTIONS 3. Assume Galaxy Industries could...

Profitability ratios: o Gross profit margin o Net profit margin o Return on stockholders' equity Liquidity ratios: o Current ratio o Quick ratio o Inventory turnover Leverage ratios: o Debt-to-assets...

A hardware company sells a lot of low-cost, high volume products. For one such product, it is equally likely that annual unit sales will be low or high. If sales are low (60,000), the company can...

What are some team decision-making strategies?

Which of the following statewerts is then? Mitile Orient Ony whated 2 n hat Both metyantily any tria Which of the following statements is true? In two companies making the same product and with the...

1.4 What is an optimal currency area?

Budgeted performance is a better criterion than past performance for judging managers do you agrees? Explain.

Consider a pension fund that pays $100M in 15 years. The current market interest rate is 6% at all maturities. The pension fund wants to invest in 1-year and 30-year zero-coupon bonds (assets) with...

Level of significance, null and alternate hypotheses, P-value, comparison and will you reject or fail to reject, conclusion in the context of the application Teacher ratings: Grades -Professor Stone...

What is the capacity for the container below 30cm 15cm 20 cm give answer in nearest tenth of a liter