LasikLook is involved in producing and selling high-end golf equipment

ACC 560 Week 5 Assignment

E8-2 LasikLook is involved in producing and selling high-end golf equipment. The company has recently been involved in developing various types of laser guns to measure yardages on the golf course. One small laser gun, called LittleLasik, appears to have a very large potential market. Because of competition, LasikLook does not believe that it can charge more than $90 for LittleLasik. At this price, LasikLook believes it can sell 100,000 of these laser guns. LittleLasik will cost $8,500,000 to manufacture, and the company wants an ROI of 20%.

Determine the target cost for one LittleLasik.

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Scheer Company's standard labor cost of producing one unit of Product DD is 4 hours at the rate of $12.00 per hour

ACC 560 Week 7 Assignment

E11-6 Scheer Company's standard labor cost of producing one unit of Product DD is 4 hours at the rate of $12.00 per hour. During August, 40,800 hours of labor are incurred at a cost of $12.10 per hour to produce 10,000 units of Product DD.

Instructions:
a) Compute the total labor variance.
b) Compute the labor price and quantity variances.
c) Repeat the previous question, assuming the standard is 4.2 hours of direct labor at $12.25 per hour.

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