Calculate the total price and quantity labour variances

Assignment Help Accounting Basics
Reference no: EM131738602

Question - Albot Company's standard labour cost per unit of output is $28.09 (2.05 hours × $13.70 per hour). During August, the company incurs 3,450 hours of direct labour at an hourly cost of $13.50 per hour in making 1,600 units of finished product. Calculate the total, price, and quantity labour variances.

Reference no: EM131738602

Questions Cloud

Except one in order to create radical innovations : The Boston Consulting Group suggests that companies include all of the following EXCEPT ONE in order to create radical innovations.
Explain the expected impact on the economy : Explain the expected impact on the economy, the IRS and other factors that may be relevant. Please cited reference
Objectives of the black revolution party movement : What role did the Black Panthers and Malcolm X play in the Civil Rights Movement? Do you believe they get the same recognition as MLK? Explain why or why not
Explain the message of each speech in terms of the future : Explain in your own words the message of each speech in terms of future. Analyze each speech to consider whether it was one of victory or one of realized risk.
Calculate the total price and quantity labour variances : Albot Company's standard labour cost per unit of output is $28.09 (2.05 hours × $13.70 per hour). Calculate the total price and quantity labour variances
What are major objectives of strategic workforce planning : What are the major objectives of strategic workforce planning? Why is each of these objectives critical for an organization’s success?
Compute montclair present debt-to-equity ratio : Compute Montclair's (a) present debt-to-equity ratio and (b) the debt-to-equity ratio assuming it borrows $680,000 to fund the project
Describe how border protection philosophy changed : Describe how border protection philosophy changed as a result of 9/11. Summarize border security issues. Support your response.
According to the miles and snow typology : According to the Miles and Snow Typology, which strategy are they pursuing?

Reviews

Write a Review

Accounting Basics Questions & Answers

  Tax effect-four batches of new stock

Brian purchased 500 shares of the substantially identical stock for $3,000. What is the tax effect fir Brian as well as what will be the basis of each of four batches of new stock?

  Tom named his wife patricia the beneficiary of a 200000

tom named his wife patricia the beneficiary of a 200000 insurance policy on his life. upon his death the proceeds are

  Prepare the stockholders equity section of the balance

on january 1 2012 hammermeister inc. had the following stockholders equity account balances. common stock no-par value

  Janus corporation has in stock 45700 kilograms of material

janus corporation has in stock 45700 kilograms of material l that it bought five years ago for 10.10 per kilogram. this

  How much joint cost should be assigned to the corn oil

Assume that the joint cost is allocated to the products based on the approximate net realizable value of each product. How much joint cost should be assigned to the corn oil?

  Determining the amount of ordinary income

The corporation elected S corporation status at the starting of 2011. On February 13, 2012, the property was sold for $40,000, payable in 4 yearly instalments of $10,000 plus interest. What is the amount of ordinary income to be reported from the s..

  Determine the changes to the job cost ledger

Using the chart of accounts in Figure, determine the changes to the balance sheet, income statement, job cost ledger, and equipment ledger as the result.

  The cost to winsor company of manufacturing 20000 units of

the cost to winsor company of manufacturing 20000 units of a particular part is 255000 of which 100000 is fixed and

  The assembly department of united products employs workers

the assembly department of united products employs workers to assemble units of product xsd. they are paid three

  Discuss the importance of cost of goods sold

Describe the alternatives the organisers have in relation to recognizing revenues. Which would you recommend and why - Discuss the importance of Cost of Goods Sold(COGS) in this case. How is it applied?

  Vehicles to china from the united states

By 2012, General Motors (GM) had established 12 joint ventures and employed more than 55,000 workers in China. In 2013, GM announced that it would invest an additional $11 billion to increase production of its vehicles in China. Why would GM choos..

  Two-year insurance policy

The partnership paid $3000 in interest that was amount owed for the year and paid $8000 for a two-year insurance policy on the first day of business.

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