Question

In: Accounting

Airbus has found an 80% learning curve applies to direct labor for new production items. The...

Airbus has found an 80% learning curve applies to direct labor for new production items. The first set of a new wing designed for a plane required 6,000 direct labor hours. How many total direct labor hours should be required to complete 16 sets of wings?

Solutions

Expert Solution

· Learning Curve = 80%

· Working

No of sets

No of DLHs per set

Total Direct Labor hours

1

                 6,000.00

                       6,000

2

                 4,800.00

                       9,600

4

                 3,840.00

                     15,360

8

                 3,072.00

                     24,576

16

                 2,457.60

                     39,322

· Calculation

No of sets

No of DLHs per set

Total Direct Labor hours

1

6000

=6000*1

=1+1

=6000*80%

=4800*2

=2+2

=4800*80%

=3840*4

=4+4

=3840*80%

=3072*8

=8+8

=3072*80%

=2457.6*16

· Total Direct Labor hours required for 16 sets = 39,322 hours Answer

ekkarill92 answered 1 year ago
Next > < Previous

Related Solutions

Airbus has found an 80% learning curve applies to direct labor for new production items. The...
Airbus has found an 80% learning curve applies to direct labor for new production items. The first set of a new wing designed for a plane required 1,000 direct labor hours. How many total direct labor hours should be required to complete 16 sets of wings?
Damone Inc. applies overhead to production at a predetermined rate of 80% based on direct labor...
Damone Inc. applies overhead to production at a predetermined rate of 80% based on direct labor cost. Job No. 250, the only job still in process at the end of August, has been charged with manufacturing overhead of $7,400. What was the amount of direct materials charged to Job 250 assuming the balance in Work in Process inventory is $32,000?
The direct labor cost of making airplanes decreases with learning (learning curve). As a result, the...
The direct labor cost of making airplanes decreases with learning (learning curve). As a result, the cost of manufacturing a given airplane depends on the unit number (first, fifth, 10th, 50th, etc.). The following data shows the direct labor cost for selected production numbers. Airplane # (X) 1 4 12 32 64 130 200 300 500 Labor Time (Y) 7300 6500 5400 5000 4500 4200 4000 3700 3400 a- Using Excel graphs, find linear, power, exponential, and polynomial fits for...
THE Company applies overhead to jobs using a pre-determined overhead rate of 80% of direct labor...
THE Company applies overhead to jobs using a pre-determined overhead rate of 80% of direct labor cost. During 2021, THE Company began work on three jobs. Information relating to these three jobs appears below: Job #1 Job #2 Job #3 direct materials ...... $72,000 $56,000 $44,000 direct labor cost ..... $69,000 $52,600 $38,300 By the end of 2021, job #1 and job #2 had been completed. Job #3 was not completed by the end of 2021. Additionally, by the end...
Bachmann Products, Inc., has found that new products follow a learning curve. The first two units...
Bachmann Products, Inc., has found that new products follow a learning curve. The first two units have been completed with the following results: Units Produced Marginal Labor Time 1 80.00 2 56.00 How much time will be needed to complete the 8th unit? 62.00 hours. 39.20 hours. 32.00 hours. 27.44 hours.
Calculating the Direct Labor Rate Variance and the Direct Labor Efficiency Variance 9.1: Guillermo has found...
Calculating the Direct Labor Rate Variance and the Direct Labor Efficiency Variance 9.1: Guillermo has found a typical oil change takes 24 minutes and 6.2 quarts of oil are used. In June, Guillermo had 980 oil changes. Refer to Cornerstone Exercise 9.1. Guillermo's Oil and Lube Company provided the following information for the production of oil changes during the month of June: Actual number of oil changes performed: 980 Actual number of direct labor hours worked: 386 hours Actual rate...
Barnville applies overhead at a rate of $6.00 per direct labor hour. The direct labor rate...
Barnville applies overhead at a rate of $6.00 per direct labor hour. The direct labor rate is $10.00 per hour. During June, Jobs B, C, and D were started. The following is information on costs incurred in June:   Job     Direct materials Direct labor hours                             A           $200                            5 B            $380                           18 C            $500                           40 D            $150                            8 Jobs A, B and C have been completed. At June 30, only Job D is still is process. Question 1: Required:...
Better Fitness Gear applies overhead on the basis of direct labor hours. Five direct labor hours...
Better Fitness Gear applies overhead on the basis of direct labor hours. Five direct labor hours are required for each unit produced. Planned production for the period was set at 8,000 units. Budgeted fixed manufacturing overhead for the period is budgeted at $20,000 and variable manufacturing overhead is budgeted at $100,000. The 48,500 hours worked during the period resulted in production of 9,500 units. Actual manufacturing overhead cost incurred was $156,000. Required: Calculate the three overhead variances: a.      Total...
A job has an 80 percent learning curve. The second unit required 12 hours to complete....
A job has an 80 percent learning curve. The second unit required 12 hours to complete. Approximately how many hours will be devoted to make all the units from 5th to 12th inclusive, i.e. 8 units.
A production lot of 80 units has 8 defective items. We draw a random sample of...
A production lot of 80 units has 8 defective items. We draw a random sample of 10 units and we want to know: a.- the probability that the sample contains less than 3 defective articles b.- the probability that the sample contains at least 3 good articles c.- the probability that the sample contains more than 6 good articles
ADVERTISEMENT
Subjects
ADVERTISEMENT
Latest Questions
ADVERTISEMENT