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    Pamintuan ProjMgtExer2

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    Berta Series
    The Gorotex Partnership budgeted 130,000 direct labor hours but actual hours were 190,000, resulting in an actual cost of $183,000 which is lower than the normal cost of $1,030,384.61. Lean Enterprise budgeted 50,000 direct labor hours but actual hours were 80,000, resulting in an actual cost of $105,000 which is lower than the normal cost of $3,200,000. Both partnerships incurred lower than normal costs due to utilizing more direct labor hours than budgeted.

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    Pamintuan ProjMgtExer2

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    Berta Series
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    The Gorotex Partnership budgeted 130,000 direct labor hours but actual hours were 190,000, resulting in an actual cost of $183,000 which is lower than the normal cost of $1,030,384.61. Lean Enterprise budgeted 50,000 direct labor hours but actual hours were 80,000, resulting in an actual cost of $105,000 which is lower than the normal cost of $3,200,000. Both partnerships incurred lower than normal costs due to utilizing more direct labor hours than budgeted.

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    Pamintuan_ProjMgtExer2

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    The Gorotex Partnership budgeted 130,000 direct labor hours but actual hours were 190,000, resulting in an actual cost of $183,000 which is lower than the normal cost of $1,030,384.61. Lean Enterprise budgeted 50,000 direct labor hours but actual hours were 80,000, resulting in an actual cost of $105,000 which is lower than the normal cost of $3,200,000. Both partnerships incurred lower than normal costs due to utilizing more direct labor hours than budgeted.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
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    3 views2 pages

    Pamintuan ProjMgtExer2

    Uploaded by

    Berta Series
    The Gorotex Partnership budgeted 130,000 direct labor hours but actual hours were 190,000, resulting in an actual cost of $183,000 which is lower than the normal cost of $1,030,384.61. Lean Enterprise budgeted 50,000 direct labor hours but actual hours were 80,000, resulting in an actual cost of $105,000 which is lower than the normal cost of $3,200,000. Both partnerships incurred lower than normal costs due to utilizing more direct labor hours than budgeted.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as xlsx, pdf, or txt
    of 2

    Gorotex Partnership

    Direct Materials 152,000


    Manufacturing Overhead 31,000
    Fixed Cost 2,500,000
    Variable Cost per Direct Labor Hours (DLH) 35
    Budgeted annual Direct Labor Hours (DLH) 130,000
    Actual Direct Labor Hours utilized 190,000

    Actual Cost 183,000


    Predertermined Overhead Rate 54.2307692307692
    Normal Cost 10303846.1538462

    The actual cost of Gorotex Partnership has 183,000 it is lower than in Normal Cost, because it has
    10303846.15

    Lean Enterprise
    Indirect Labor utilized 180,000
    Direct Materials 95,000
    Manufacturing Overhead 10,000
    Fixed Cost 1,000,000
    Variable Cost per Direct Labor Hours (DLH) 20
    Budgeted annual Direct Labor Hours (DLH) 50,000
    Actual Direct Labor Hours utilized 80,000

    Actual Cost 105,000


    Predetermined Overhead Rate 40
    Normal Cost 3200000
    The actual cost of Lean Enterprise has 105,000 it is lower than in normal cost, because it has
    3200000

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