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2
a)
Standard Production 400
Actual Production 452
Production above standard 52
Regular Pay (6*40*5) 1200
Bonus 52
Total Pay 1252
Labor cost per unit 2.769911504
Overhead cost (6*40*5) 1200
Overhead cost per unit 2.654867257
Conversion cost 5.424778761
b)
Day Units prod Standard Above Standard regular pay Bonus Total Pay Unit labor Unit OverhConversion Cost
Monday 72 80 0 240 0 240 3.3333333 3.3333333 6.6666666
Tuesday 81 80 1 240 1 241 2.9753086 2.9629629 5.9382716
Wednesday 95 80 15 240 15 255 2.6842105 2.5263157 5.2105263
Thursday 102 80 22 240 22 262 2.5686274 2.3529411 4.9215686
Friday 102 80 22 240 22 262 2.5686274 2.3529411 4.9215686
P-12.4
Straight Piecework:
Dodd Hare Lowe
Units produced 400 410 370
Base rate 0.66 0.66 0.66
Regular Pay 264 270.6 244.2
Downtime Pay 30 24
Overtime pay 54 36
Gross Wages Calculated 294 324.6 304.2
Gross Wages per books 284 277.2 302.2
Underpayment 10 47.4 2
P-12.5
Cumulative Lots Cumulative Average Time Cumulative Time
1 90 90
2 72 144
4 57.6 230.4
8 46.08 368.64
Total cost 3317.76