Calculate the total direct labor variance for June

Assignment Help Accounting Basics
Reference no: EM132525576

Question - ABC Company set the following direct labor standards for its single product:

 

standard hours

standard rate

direct labor

8 hours per unit

$13 per hour

During June, ABC Company produced 11,730 units. Direct laborers worked a total of 69,000 hours in June and were paid a rate of $12.75 per hour.

Required - Calculate the total direct labor variance for June.

Reference no: EM132525576

Questions Cloud

Calculate Orr Companys budgeted direct material inventory : Direct materials cost $2 per yard to purchase. Calculate Orr Company's budgeted direct material inventory balance reported in the February 28
Examine the history of the south korean navy : Identify and summarize the current countries allied and train with the South Korea's Navy. Examine the history of the South Korean Navy.
Calculate the total cost of direct materials to be purchased : The cost of direct materials is $4 per pound. Calculate the total cost of direct materials to be purchased in July
Explain the longevity of the civilization : How can these objects help us understand the long-term influence of this civilization - over the course of the middle ages and early modern period
Calculate the total direct labor variance for June : During June, ABC Company produced 11,730 units. Direct laborers worked a total of 69,000 hours in June. Calculate the total direct labor variance for June
What was the impact of the renaissance in europe : What were the main features of the Renaissance in Europe, and how did it differ from the Middle Ages. What was the impact of the Renaissance in Europe
Calculate Judge Company budgeted accounts receivable balance : 20% of Judge Company's sales are cash sales and the other 80% are sales on account. Calculate Judge Company's budgeted accounts receivable balance at May 31
Match up each process with cellular location : Match up each process with its cellular location: Processes: Calvin cycle
How effective is poem in relating the holocaust to readers : How does the poem relate to the bigger picture of the Holocaust? How effective is the poem in relating the Holocaust to readers?

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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