Stillwater Designs rebuilds defective units of its S12L7 Kicker speaker model. During the year, Stillwater rebuilt 8,000 units. Materials and labor standards for performing the repm are as follows: Direct materials (1 recon kit @ $150) Direct materials (1 cabinet @ $50) Direct labor (6 hrs. $11) $150 50 66 Required: 1. Compute the standard hours allowed for a volume of 8,000 rebuilt units. hours 2. Compute the standard number of kits and cabinets allowed for a volume of 8,000 rebuilt units. Standard number of kits: kits cabinets Standard number of cabinets: 3. Suppose that during the first month of the year, 4,450 standard hours were allowed for the units rebuilt. How many units were rebuilt during the first month? Round your answer to the nearest whole unit.

Stillwater Designs rebuilds defective units of its S12L7 Kicker speaker model. During the year, Stillwater rebuilt 8,000 units. Materials and labor standards for performing the repm are as follows: Direct materials (1 recon kit @ $150) Direct materials (1 cabinet @ $50) Direct labor (6 hrs. $11) $150 50 66 Required: 1. Compute the standard hours allowed for a volume of 8,000 rebuilt units. hours 2. Compute the standard number of kits and cabinets allowed for a volume of 8,000 rebuilt units. Standard number of kits: kits cabinets Standard number of cabinets: 3. Suppose that during the first month of the year, 4,450 standard hours were allowed for the units rebuilt. How many units were rebuilt during the first month? Round your answer to the nearest whole unit.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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34 Stillwater Designs rebuilds defective units of its S12L7 Kicker speaker model. During the year, Stillwater rebuilt 7,500 units. Materials and labor standards for performing the repairs are as follows: Direct materials (1 recon kit @ $150) $150 Direct materials (1 cabinet @ $80) 80 Direct labor (5 hrs. @ $12) 60 Required: 1. Suppose that during the first month of the year, 3,050 standard hours were allowed for the units rebuilt. How many units were rebuilt during the first month? Round your answer to the nearest whole unit.fill in the blank 4 units 2. Compute the standard hours allowed for a volume of 7,500 rebuilt units.fill in the blank 1 hours 3. Compute the standard number of kits and cabinets allowed for a volume of 7,500 rebuilt units. Standard number of kits: fill in the blank 2 kits Standard number of cabinets: fill in the blank 3 cabinets
Standard Quantities of Labor and Materials Stillwater Designs rebuilds defective units of its S12L7 Kicker speaker model. During the year, Stillwater rebuilt 6,000 units. Materials and labor standards for performing the repairs are as follows: Direct materials (1 recon kit @ $150) $150 Direct materials (1 cabinet @ $60) 60 Direct labor (8 hrs. @ $11) 88
Standard Quantities of Labor and Materials Stillwater Designs rebuilds defective units of its S12L7 Kicker speaker model. During the year, Stillwater rebuilt 8,500 units. Materials and labor standards for performing the repairs are as follows: Direct materials (1 recon kit @ $160) $160 Direct materials (1 cabinet @ $20) 20 Direct labor (4 hrs. @ $14) 56 Required: 1. Compute the standard hours allowed for a volume of 8,500 rebuilt units.fill in the blank 1 hours 2. Compute the standard number of kits and cabinets allowed for a volume of 8,500 rebuilt units. Standard number of kits: fill in the blank 2 kits Standard number of cabinets: fill in the blank 3 cabinets 3. Suppose that during the first month of the year, 3,200 standard hours were allowed for the units rebuilt. How many units were rebuilt during the first month? Round your answer to the nearest whole unit.fill in the blank 4 units
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