Calculating Cost In Excel
1.(a) Total cost of hours worked at regular rates 42 hours × 12 per hour $ 504.00 42 hours × 12 per hour 504.00 43 hours × 12 per hour 516.00 40 hours × 12 per hour 480.00 2,004.00 Minus idle time (5.2 hours × $12 per hour) 62.40 Direct manufacturing labor costs $1,941.60 (b) Idle time = 5.2 hours × 12 per hour = ................
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