A company incurs direct labor cost

Assignment Help Accounting Basics

Reference no: EM131135519

If a company incurs direct labor cost of $41,000 when the standard cost is $42,000, it will a. debit Labor Price Variance for $1,000. b. credit Labor Price Variance for $1,000. c. debit Labor Quantity Variance for $1,000. d. credit Labor Quantity Variance for $1,000

Reference no: EM131135519

Questions Cloud

Find the amplitude of a standing wave : The wave function of a standing wave is y(x, t) = 4.44 mm sin [(32.5 rad/m) x] sin [(754rad/s) t]. For the two traveling waves that make up this standing wave

Create predicted values of the average cost function : What is the economic interpretation of suppressing the constant term (forcing it equal zero)? Why does that make sense to do here? Write out the cost function as (Use the numbers from the regression you just ran

Retail rfid technology and retail technology : A supermarket chain in California, recently introduced intelligent shopping carts, to better service their customers. Each cart has a wireless touch-screen mobile device with a laser scanner to enable price checking and then to scan product codes for..

What change projects are needed in your agency at this time : What did you see as the difference between leadership activities and management activities? How do management and leadership activities contribute to the success of change initiatives?

A company incurs direct labor cost : If a company incurs direct labor cost of $41,000 when the standard cost is $42,000, it will a. debit Labor Price Variance for $1,000. b. credit Labor Price Variance for $1,000. c. debit Labor Quantity Variance for $1,000. d. credit Labor Quantity ..

What is the ratio of amount of workdone by two worms : what is the ratio of amount of workdone by two worms ,when half of it is over the top of the wall?

Product and price and sales projections : Two of the four P’s — Product and Price Part 1. Expository Essay: In this Assignment you will respond using an expository essay format. An expository essay involves investigating the topic, analyzing your findings, and supplying a solution or a sugge..

What will be the volume in m3 of 7.25 kg of methane : what will be the volume in m3 of 7.25 kg of methane if it is at a temperature of 200.65 K, and a pressure of 2.784 MPa?

Provides you with the following balance sheet information : Crane Company provides you with the following balance sheet information as of December 31, 2017. In addition, Crane reported net income for 2017 of $15,800, income tax expense of $3,100, and interest expense of $1,300. Assume that at the end of 20..

User Account

All Pages