Pronghorn Company's labor data for making one pound of finished product are as follows: (1) Price-hourly wage rate $12.30, payroll taxes $3.10, and employee benefits $2.50. (2) Quantity-actual production time 2.4 hours, rest periods and clean up 0.23 hours, and setup and downtime 0.17 hours. Compute the following (Round answers to 2 decimal places, e.g. 52.75.) (a) (b) (c) Standard direct labor rate per hour Standard direct labor hours per pound Standard cost per pound S hours

Pronghorn Company's labor data for making one pound of finished product are as follows: (1) Price-hourly wage rate $12.30, payroll taxes $3.10, and employee benefits $2.50. (2) Quantity-actual production time 2.4 hours, rest periods and clean up 0.23 hours, and setup and downtime 0.17 hours. Compute the following (Round answers to 2 decimal places, e.g. 52.75.) (a) (b) (c) Standard direct labor rate per hour Standard direct labor hours per pound Standard cost per pound S hours

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Description: Please do not give solution in image format thanku Pronghorn Company's labor data for making one pound of finished product are as follows: (1) Price-hourly wage rate $12.30, payrolltaxes $3.10, and employee benefits $2.50. (2) Quantity-actual product

Cornerstones of Cost Management (Cornerstones Series)

4th Edition

ISBN:9781305970663

Author:Don R. Hansen, Maryanne M. Mowen

Publisher:Don R. Hansen, Maryanne M. Mowen

Chapter4: Activity-based Costing

Section: Chapter Questions

Problem 11E: Ripley, Inc., costs products using a normal costing system. The following data are available for...

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