Ask Question
BusinessBusiness
29 April, 00:45

Miel Company produces ready-to-cook oatmeal. Each carton of oatmeal requires 16 ounces of rolled oats per carton (the unit quantity standard) and 0.04 labor hour (the unit labor standard). During the year, 960,000 cartons of oatmeal were produced.

Required:

1. Calculate the total amount of oats allowed for the actual output.

ounces

2. Calculate the total amount of labor hours allowed for the actual output.

hours

+3
Answers (1)
  1. 29 April, 00:58
    0
    Part A

    1) Total amount of oats allowed = 960000*16 = 15360000 ounce

    2) Total amount of labor hours allowed

    = 960000*.04 = 38400 Hours

    Part B:

    1) Total amount of oats allowed = 750000*17 = 12750000 ounce

    2) Total amount of labor hours allowed

    = 750000*.04 = 30000 Hours
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Miel Company produces ready-to-cook oatmeal. Each carton of oatmeal requires 16 ounces of rolled oats per carton (the unit quantity ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
Answer the following statement true (T) or false (F) The chief financial officer of NoveauNoir Production Company requests his accountant, Felipe, to prepare a customized report of the cost overruns at the company's production facility in Los
Answers (1)
Ann works 5 1/2 hours, Mary works 6 1/3 hours, and John works 4 1/4 hours. How many combined hours have they worked?
Answers (1)
Payback: Quebec, Inc., is purchasing machinery at a cost of $3,768,966. The company's management expects the machinery to produce cash flows of $979,225, $1,158,886, and $1,881,497 over the next three years, respectively. What is the payback period?
Answers (1)
What type of relationship do a lawyer and a client have? A. A labor relationship B. A tort relationship C. An administrative relationship D. An agency relationship
Answers (2)
Suppose the total benefit of watching 1 baseball game is 100, the total benefit of watching 2 games is 120, and the total benefit of watching 3 games is 125. in this case, the marginal benefit of watching the 3rd game is:
Answers (1)
New Questions in Business
A what type of budget is a type of financial report that scrutinizes the inflow and outflow of money in a given financial year
Answers (1)
Barton Industries has operating income for the year of $3,500,000 and a 36% tax rate. Its total invested capital is $20,000,000 and its after-tax percentage cost of capital is 8%. What is the firm's EVA?
No Answers
Rob purchased a standard whole life policy with a $500,000 death benefit when he was age 30. his insurance agent told him the policy would be paid up if he reached age 100. the present cash value of the policy equals $250,000.
Answers (1)
On June 1, Davis Inc. issued an $84,000, 5%, 120-day note payable to Garcia Company. Assume that the fiscal year of Garcia ends June 30.
Answers (2)
You invest $50,000 now and receive $10,000 per year for 15 years starting at the end of the first year.
Answers (1)
Home » Business » Miel Company produces ready-to-cook oatmeal. Each carton of oatmeal requires 16 ounces of rolled oats per carton (the unit quantity standard) and 0.04 labor hour (the unit labor standard). During the year, 960,000 cartons of oatmeal were produced.
Sign Up Forgot Password?