
Cornerstones of Cost Accounting 1st Edition by Don Hansen,Maryanne Mowen
النسخة 1الرقم المعياري الدولي: 978-0538736787
Cornerstones of Cost Accounting 1st Edition by Don Hansen,Maryanne Mowen
النسخة 1الرقم المعياري الدولي: 978-0538736787 تمرين 7
CALCULATING STANDARD QUANTITIES FOR ACTUAL PRODUCTION
Lester's Oil and Lube Company is a service company that offers oil changes and lubrication for automobiles and light trucks. On average, Lester has found that a typical oil change takes 30 minutes and 6 quarts of oil are used. In June, Lester's Oil and Lube had 780 oil changes.
Required:
1. Calculate the number of quarts of oil that should have been used (SQ) for 780 oil changes.
2. Calculate the hours of direct labor that should have been used (SH) for 780 oil changes.
3. What if there had been 740 oil changes in June? Would the standard quantities of oil (in quarts) and of direct labor hours be higher or lower than the amounts calculated in Requirements 1 and 2? What would the new standard quantities be?
Lester's Oil and Lube Company is a service company that offers oil changes and lubrication for automobiles and light trucks. On average, Lester has found that a typical oil change takes 30 minutes and 6 quarts of oil are used. In June, Lester's Oil and Lube had 780 oil changes.
Required:
1. Calculate the number of quarts of oil that should have been used (SQ) for 780 oil changes.
2. Calculate the hours of direct labor that should have been used (SH) for 780 oil changes.
3. What if there had been 740 oil changes in June? Would the standard quantities of oil (in quarts) and of direct labor hours be higher or lower than the amounts calculated in Requirements 1 and 2? What would the new standard quantities be?
التوضيح
1.
Calculate standard quantity:
Standa...
Cornerstones of Cost Accounting 1st Edition by Don Hansen,Maryanne Mowen
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