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Tom;s Shoes Repair provides a variety of shoe and...

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Tom;s Shoes Repair provides a variety of shoe and repair service.Analysis of monthly costs revealed the following cost formulas when direct labor hours are used as the basis of cost determination: Supplies: y =$0 + $4.00x Production supervision and direct labor: y = $500 + $7.00x Utilities: y = $350 + $5.40x Rent: y = $450 + $0.00x Advertising: y = $75 + $0.00x a) Prepare a flexible budget at 250, 300, and,400 direct labor hours. b) Calculate a total cost per direct labor hour at each level of activity. c) Tom usually incurs 350 direct labor hours per month. The average shoe repair requires 1.25 labor hours to complete. Tom wants to earn a 40 percent margin on his cost. What should be the average charge per customer, rounded to the nearest dollar to achieve Tom's objective? here is the set up for this exercise to put the answers in.Has to be on excal, a put an A where answers go. Flexible Budget 250 300 350 400 a)Variable cost: Supplies A A A A Direct labor A A A A Utilities A A A A Fixed cost: Direct labor A A A A Utilities A A A A Rent A A A A Advertising A A A A Total cost b) Cost per Direct Labor Hour (DLH) A A A A c) Average Charge to Earn 40% Return At 350 DLH Cost per direct Labor Hour A Times return A Hourly charge A Times hours per repair A Charge per customer repair A This is a Cost Accounting class, hope you can help me.,"Tom;s Shoes Repair provides a variety of shoe and repair service.Analysis of monthly costs revealed the following cost formulas when direct labor hours are used as the basis of cost determination: Supplies: y =$0 + $4.00x Production supervision and direct labor: y = $500 + $7.00x Utilities: y = $350 + $5.40x Rent: y = $450 + $0.00x Advertising: y = $75 + $0.00x a) Prepare a flexible budget at 250, 300, and,400 direct labor hours. b) Calculate a total cost per direct labor hour at each level of activity. c) Tom usually incurs 350 direct labor hours per month. The average shoe repair requires 1.25 labor hours to complete. Tom wants to earn a 40 percent margin on his cost. What should be the average charge per customer, rounded to the nearest dollar to achieve Tom's objective? here is the set up for this exercise to put the answers in.Has to be on excal, a put an A where answers go. Flexible Budget 250 300 350 400 a)Variable cost: Supplies A A A A Direct labor A A A A Utilities A A A A Fixed cost: Direct labor A A A A Utilities A A A A Rent A A A A Advertising A A A A Total cost b) Cost per Direct Labor Hour (DLH) A A A A c) Average Charge to Earn 40% Return At 350 DLH Cost per direct Labor Hour A Times return A Hourly charge A Times hours per repair A Charge per customer repair A This is a Cost Accounting class, hope you can help me. This is my second time sending this to you, the first time it was done incorrect. I send a insert sheet under the question. everwhere their's an A is where a answer goes. the insert sheet I couldn't scan it so I type it in, but it already set up you only insert the answers in the columns. Michael youdidn't respond so I guess you would like more money, I got you. My work is late, O and make sure you put column 350 in, and keep the words the way it is on the insert pg, Thanks.,Tom's Shoes Repair provides a variety of shoe and repair service.Analysis of monthly costs revealed the following cost formulas when direct labor hours are used as the basis of cost determination: Supplies: y =$0 + $4.00x Production supervision and direct labor: y = $500 + $7.00x Utilities: y = $350 + $5.40x Rent: y = $450 + $0.00x Advertising: y = $75 + $0.00x a) Prepare a flexible budget at 250, 300, and,400 direct labor hours. b) Calculate a total cost per direct labor hour at each level of activity. c) Tom usually incurs 350 direct labor hours per month. The average shoe repair requires 1.25 labor hours to complete. Tom wants to earn a 40 percent margin on his cost. What should be the average charge per customer, rounded to the nearest dollar to achieve Tom's objective? I think this is my 3 time sending this work, I found a better way to an attachment of the answer sheet. I try doing the work so it may show the answers i put in, you will see wrong beside some of the ones I answered. I have the answer sheet in the browse. My work is very late.,"Tom;s Shoes Repair provides a variety of shoe and repair service.Analysis of monthly costs revealed the following cost formulas when direct labor hours are used as the basis of cost determination: Supplies: y =$0 + $4.00x Production supervision and direct labor: y = $500 + $7.00x Utilities: y = $350 + $5.40x Rent: y = $450 + $0.00x Advertising: y = $75 + $0.00x a) Prepare a flexible budget at 250, 300, and,400 direct labor hours. b) Calculate a total cost per direct labor hour at each level of activity. c) Tom usually incurs 350 direct labor hours per month. The average shoe repair requires 1.25 labor hours to complete. Tom wants to earn a 40 percent margin on his cost. What should be the average charge per customer, rounded to the nearest dollar to achieve Tom's objective? This is my 4th time resending this. I have the answer sheet in the browse that goes with the problem.

 

Paper#4538 | Written in 18-Jul-2015

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