Mary Ann Clark is an artist and is employed by Fenway Racing. Fenway Racing manufactures custom race cars to exact specifications of drivers. Mary Ann's job is to hand paint logos and other custom artwork on each car. Below is her daily time sheet for March 7, 20X6:b.) How much of Mary Ann's time (after making the correction) is attributable to direct labor and how much to overhead? How is the direct labor cost assigned to individual jobs, and how is the overhead cost allocated? FENWAY RACINGEmployee:Mary Ann ClarkDaily Time SheetDate:03/07/X6DirectStartStopJobAdminTaskClientLaborTimeTimeNumberHoursHours8:008:30set upPrepare paints and airbrushn/a0.500.008:3010:45#11245Paint race numbersMario A.0.002.2510:4511:00repairsRepair broken compressorn/a0.250.0011:0012:00#11302 Paint advertising sign on doorAJF0.000.7512:001:00lunchn/an/a0.000.001:004:30#11305Paint hood logoJeff G.0.003.504:305:00clean upClean up equipmentn/a0.500.00Total hours1.256.50

Answered: Image /qna-images/answer/7ac9a933-00b7-409b-8f0a-a9f5b0d925d5.jpg

Answered: FENWAY RACING Employee: Mary Ann Clark…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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Mary Ann Clark is an artist and is employed by Fenway Racing. Fenway Racing manufactures custom race cars to exact specifications of drivers. Mary Ann's job is to hand paint logos and other custom artwork on each car. Below is her daily time sheet for March 7, 20X6:

b.) How much of Mary Ann's time (after making the correction) is attributable to direct labor and how much to overhead? How is the direct labor cost assigned to individual jobs, and how is the overhead cost allocated?

Transcribed Image Text:FENWAY RACING Employee: Mary Ann Clark Daily Time Sheet Date: 03/07/X6 Direct Start Stop Job Admin Task Client Labor Time Time Number Hours Hours 8:00 8:30 set up Prepare paints and airbrush n/a 0.50 0.00 8:30 10:45 #11245 Paint race numbers Mario A. 0.00 2.25 10:45 11:00 repairs Repair broken compressor n/a 0.25 0.00 11:00 12:00 #11302 Paint advertising sign on door AJF 0.00 0.75 12:00 1:00 lunch n/a n/a 0.00 0.00 1:00 4:30 #11305 Paint hood logo Jeff G. 0.00 3.50 4:30 5:00 clean up Clean up equipment n/a 0.50 0.00 Total hours 1.25 6.50

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