outputs per hour at various speeds and required periodie tool6. Amachine used for cutting materials in a factory has the followingregrinding at the intervals cited. SpeedAOutput per hour200 pieces280 piecesTool regrindingEvery 8 hoursEvery 5 hoursA set of tools costs P1,260 and can be ground twenty times. Eachregrinding costs P54.00 and the time needed to regrind and changetools is 1 hour. The machine operator is paid P35.00 per hoincluding the time the tool is changed. The tool grindėr who alsosets the tools to the machine is paid P40.00 per hour. The hourlyrate chargeable against the machine is P38.00, regardless of machinespeed. Which speed is the most economical?Ans. Speed B is cheaper by PO.087/pc.

For Machine speed A Output per hour = 200 pieces Regrinding interval = 8 hours Pieces produced = 200…

A set of tools costs P1,260 and can be ground twenty ti Finding costs P54.00 and the time needed to regrind a s is 1 hour. The machine operator is paid P35.OC uding the time the tool is changed. The tool grinde the tools to the machine is paid P40.00 per hour. chargeable against the machine is P38.00, regardles= omionl?

A set of tools costs P1,260 and can be ground twenty ti Finding costs P54.00 and the time needed to regrind a s is 1 hour. The machine operator is paid P35.OC uding the time the tool is changed. The tool grinde the tools to the machine is paid P40.00 per hour. chargeable against the machine is P38.00, regardles= omionl?

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter6: Activity-based, Variable, And Absorption Costing

Section: Chapter Questions

Problem 2EB: Boarders estimates overhead will utilize 160,000 machine hours and cost $80,000. It takes 4 machine...

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