You are to build two dog houses with a budget of $400 each. Each requires two people working for two hours to build it. The client also a fence around the houses for $500 which would require 6 hours of work in total. Assume a man-hour costs $40. After 3 hours you find you have finished 1 dog house. Find the % complete for a. Using Units Completed: Units Completed /Total Units b. Using Actual Cost / Budget: Actual Cost/Total Cost c. Using Actual Man-hours: Actual MH/ Total MH d. Using Duration: 2 Hours /5 Hours e. Work-hour Unit
You are to build two dog houses with a budget of $400 each. Each requires two people working for two hours to build it. The client also a fence around the houses for $500 which would require 6 hours of work in total. Assume a man-hour costs $40. After 3 hours you find you have finished 1 dog house. Find the % complete for a. Using Units Completed: Units Completed /Total Units b. Using Actual Cost / Budget: Actual Cost/Total Cost c. Using Actual Man-hours: Actual MH/ Total MH d. Using Duration: 2 Hours /5 Hours e. Work-hour Unit
Chapter6: Activity-based, Variable, And Absorption Costing
Section: Chapter Questions
Problem 6PA: Box Springs, Inc., makes two sizes of box springs: twin and double. The direct material for the twin...
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