Maurice Tutor

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About Maurice Tutor

Levels Tought:
Elementary,Middle School,High School,College,University,PHD

Expertise:
Algebra,Applied Sciences See all
Algebra,Applied Sciences,Biology,Calculus,Chemistry,Economics,English,Essay writing,Geography,Geology,Health & Medical,Physics,Science Hide all
Teaching Since: May 2017
Last Sign in: 401 Weeks Ago, 2 Days Ago
Questions Answered: 66690
Tutorials Posted: 66688

Education

  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

Experience

  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 13 Aug 2017 My Price 5.00

Tom’s Shoe Repair

Tom’s Shoe Repair provides a variety of shoe and repair services. 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, 350, and 400 direct labor hours.
b. Calculate a total cost per direct labor hour at each level of activity.
c. Tom’s employees usually work 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 profit objective?

Answers

Maurice Tutor
(5)
Status NEW Posted 13 Aug 2017 10:08 AM My Price 5.00

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