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Kimmel, Accounting, 6e ACCOUNTING 1 / (Accounting 101 Gradebook ORION Dwnloadabl

ID: 2600347 • Letter: K

Question

Kimmel, Accounting, 6e ACCOUNTING 1 / (Accounting 101 Gradebook ORION Dwnloadable eTextbeok Time: 01:43 PM/ Remaining 7 min Multiple Choice Question 73 Coronado Industries produces a product that requires 2.6 pounds of materials per unit. The alowance for waste and spoilage per unit is 0.3 pounds and 0.1 pounds, esoectively The purchase pnce is $2 per pound, but a 2% disceum s waly uken. 'reg" eat n pr-ed a d in ng road ngcoe rang pound. The hourly wage rate is $12 per hour but a raise which will average $0.20 will go into effect soon, Payroll aes are $1.10 per hout, and fringe benefits average $2.30 per hour Standard production time is 1 hour per unt, and the alowance for rest penods and set002 han and 0.1 hours, respectively. The standard direct labor rate per hour after the raise is going to be $15.40, $15.60. O s 12.00. $12.20. t etw Pwy by your nintr byeccessing this question Assstarea, you wil learn while you earn points based on Question Actempts: 0 of 3 used MacBook Pro 2 3

Explanation / Answer

Answer is 15.60

Particulars Rate Rate 12 Increase 0.2 Payroll taxes 1.1 Fringe benefits 2.3 Rate per hour 15.6