17. This is Cost Accounting. Explain briefly and answer. The following direct labor information pertains to the manufacture of Part J35: Number of hours required to make a part 2.5 DLH Number of Direct workers 75 Number of total productive hours per week 3000 Weekly wages per worker P1,000 Laborers’ fringe benefits treated as direct labor costs 25% of wages What is the standard direct labor cost per unit of Part J35? 62,500 78,125 41,670 84,125 74,350

17. This is Cost Accounting. Explain briefly and answer. The following direct labor information pertains to the manufacture of Part J35: Number of hours required to make a part 2.5 DLH Number of Direct workers 75 Number of total productive hours per week 3000 Weekly wages per worker P1,000 Laborers’ fringe benefits treated as direct labor costs 25% of wages What is the standard direct labor cost per unit of Part J35? 62,500 78,125 41,670 84,125 74,350

Name: 17. This is Cost Accounting. Explain briefly and answer.The following
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Description: 17. This is Cost Accounting. Explain briefly and answer.The following direct labor information pertains to the manufacture of Part J35:Number of hours required to make a part 2.5 DLHNumber of Direct workers 75Number of total productive hours per week

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter5: Process Costing

Section: Chapter Questions

Problem 2PB: The following product costs are available for Kellee Company on the production of eyeglass frames:...

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The following product costs are available for Kellee Company on the production of eyeglass frames: direct materials, $32,125; direct labor, $23.50; manufacturing overhead, applied at 225% of direct labor cost; selling expenses, $22,225; and administrative expenses, $31,125. The direct labor hours worked for the month are 3,200 hours. A. What are the prime costs? B. What are the conversion costs? C. What is the total product cost? D. What is the total period cost? E. If 6.425 equivalent units are produced, what is the equivalent material cost per unit? F. What is the equivalent conversion cost per unit?
17. This is Cost Accounting. Explain briefly and answer. The following direct labor information pertains to the manufacture of Part J35:Number of hours required to make a part 2.5 DLHNumber of Direct workers 75Number of total productive hours per week 3000Weekly wages per worker P1,000 Laborers’ fringe benefits treated as direct labor costs 25% of wagesWhat is the standard direct labor cost per unit of Part J35? Group of answer choices 62,500 78,125 41,670 84,125 74,350
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