Calculate swifty direct labor efficiency variance

Assignment Help Managerial Accounting
Reference no: EM133157377

Question - Swifty Incasements manufactures protective cases for MP3 players. During November, the company's workers clocked 740 more direct labor hours than the flexible budget amount of 25,480 hours to complete 117,200 cases for the Christmas season. All workers were paid $8.91 per hour, which was $0.49 less than the standard wage rate.

Required - Calculate Swifty's direct labor efficiency variance.

Reference no: EM133157377

Questions Cloud

What are the three factors which determine profitability : What are the three factors which determine profitability? Describe how the method determine the cost of a product - give an example
Prepare journal entries on the books of the lessor : The lease is effective on April 1, 2020 and provides tor monthly rental of P100,000 to begin January 1, 2021. Prepare journal entries on the books of the lessor
Identify the accounts receivable section for the company : Identify the accounts receivable section for the company you are investigating for your Financial Statement Analysis Report
Evidence of critical thinking by using examples or arguments : Evidence of critical thinking by using examples or arguments. What are your greatest weaknesses? Strengths? What are your short- and long-term goals?
Calculate swifty direct labor efficiency variance : the company's workers clocked 740 more direct labor hours than the flexible budget amount of 25,480. Calculate Swifty direct labor efficiency variance
Determine the appropriate reporting for each situation : Aaron Ltd. agreed to pay the former employee $225,000 in return for withdrawing the lawsuit. Determine the appropriate reporting for each situation
Structure for the management and execution of the project : Devise a structure for the management and execution of the project and Design quality management processes to be used in a project
Discusses two different strategic planning concepts : Discusses two different strategic planning concepts. Discuss how these concepts work in your sector (Military sector).
Understanding the different processes of decision making : Being a good nonprofit manager involves understanding the different processes of decision making. It also involves understanding one's own strengths and weaknes

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Manage budgets and financial plans

Explain the budgeting process and its importance to a business, identifying the components of different budgets, forecast estimates for inclusion in the budgets.

  Prepare a retained earnings statement

Prepare a retained earnings statement for the year and Prepare a stockholders' equity section of given case.

  Prepare a master budget for the three-month period

Prepare a master budget for the three-month period.

  Construct the companys direct labor budget

Construct the company's direct labor budget for the upcoming fiscal year, assuming that the direct labor workforce is adjusted each quarter to match the number of hours required to produce the forecasted number of units produced.

  Evaluate the predetermined overhead rate

Evaluate the Predetermined Overhead Rate

  Determine the company''s bid

Determine the company's bid if activity-based costing is used and the bid is based upon full manufacturing cost plus 30 percent.

  Compute the pool rates for the different activities

Complete the schedule to compute the pool rates for the different activities.

  Prepare Company financial statements

Prepare Company financial statements

  Prepare an analysis of terracycles

This individual assignment is based on the TerraCycle Inc.

  Discuss the ethical issues

Discuss the ethical issues

  Political resources in emerging markets

Calculate the GDP in Income Approach  and Expenditure Approach

  Management accounting - ehsan electronics company

A new plant accountant suggested that the company may be able to assign support costs to products more accurately by using an activity based costing system that relies on a separate rate for each manufacturing activity that causes support costs.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd