question 10.46 need to be done

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Answered Same Day Dec 23, 2021

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Robert answered on Dec 23 2021

132 Votes

SOLUTION
a) Standard Cost for Direct Material
Quantity Rate Amount
Timber 1.5 7.5 11.25
Ru
er pads 4 0.05 0.2
Normal Loss = 1/10 of Total
Timber used 0.15
Standard Cost for Direct
Labo
Hours Rate Amount
Labor for Cutting Board 0.4 25 10
Labor for Ru
er pads 0.5 25 12.5
) Role of purchasing manager in developing the standard budget
The purchase manager plays a vital role in procurement of material, development
of vendor and negotiation with vendor. He plans, monitor, organizes and control
the purchasing activities. The manager is responsible for replacing and procuring
parts and equipments, and reviewing technical and quality requirements.
Role of production manager in developing the standard budget
The production...

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question 10.46 need to be done

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