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MCS,MBA(IT), Pursuing PHD
Devry University
Sep-2004 - Aug-2010
Assistant Financial Analyst
NatSteel Holdings Pte Ltd
Aug-2007 - Jul-2017
Hi All,
I need somebody to review the my assignment answers, the assignment question is below and attached is the excel file. Please let me know if the amounts are correctly plugged in and whether they are favorable or unfavorable.
Spine Line is a manufacturer of high quality products designed to help support healthy spines. Their newest product offering is a massage chart. Below is the standard cost structure for the chair:
Standard Cost Sheet: Massage Chair
Metal tubing - 6 meters @ $3 - $18.00
Leather - 2 square meters @$7 - $14.00
Padding - 3 kilograms @$4 - $12.00
Direct labor - 4 hours @$15 - $60.00
Total Standard cost $104.00
This month, Spine Line manufactured 500 massage chairs. The following costs were incurred:
Actual Costs incurred for the month : Massage Chair
Metal tubing 3100 meter - $9,455
Leather 1,100 square meters - $7722
Padding 1,600 kilograms - $6560
Direct Labor 1800 hours - $27270
Total cost $51,007
Your prompt reply is appreciated because I need to submit the assignment.,
Attachments:
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