ES Practice Exercise 02 (Part Level Submission) PuzzleJigs manufactures oustom j

Question

ES Practice Exercise 02 (Part Level Submission) PuzzleJigs manufactures oustom jigsaw puzzies by turning a customer's 14 x 13 photograph into a 350-plece puzzle. The following information has been provided by various units within the company. Each photograph is mounted onto a 17 x 20 piece of cardboard using 4 ounce of ad the cardboard in bundles of 520 pieces for $100. PuzzleJigs pays shipping costs of $20 per bundle on the cardboard. The mounting adhesive ounce. Each finished puzzle is packaged in a box that costs PuzzleJigs $ puzzle, and pack it in a box. Workers are paid $6.70 per hour; fringe benefits amount to an additional 27 percent of wages. rate of $12 per direct labor hour esive. The company buys costs $o.26 per 0.63 to purchase. It takes 28 minutes for a worker to mount the picture, cut the PuzzleJigs applies overhead at a E] Your answer is correct. Calculate the standard price and quantity for each component of direct materials. (Round answers to 2 decimal places, e.g. 15.20.) Material Standard Quantity Standard Price i l sheet 24 per sheet 2 per ounce 63 per box 17* 20 cardboard hr sheet Mounting adhesive 4 ounce box Packing box LINK TO TEXT Attempts: 4 of 4 used

Explanation / Answer

Time required for completing per unit of product: 28 minutes Hour required for completing per unit: 0.467 hr (i.e. 28/60 minutes) Std price and Quantity of manufacturing OH is as follows: Manufacturing OH 0.467 hours $12 per hour

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