Calculate what maxco total labour variance is

Assignment Help Managerial Accounting
Reference no: EM132556820

MaxCo has a standard of 2 hours of labor per unit, at $12 per hour. In producing 2,000 units, MaxCo used 3,860 hours of labor at a total cost of $46,970.

Question 1: Calculate what MaxCo's total labour variance is.

Reference no: EM132556820

Questions Cloud

What is xyz wacc : You were hired as a consultant to XYZ Company, whose target capital structure is 32% debt, 12% preferred, and 56% common equity.
Supply chain structure : Implementing supply chain management processes and evaluating each step of the production process from start to finish can improve the overall operations
What is the price of consolidated stock : Consolidated Pasta is currently expected to pay annual dividends of $10 a share in perpetuity on the 1.7 million shares
What are the different strategies for these products : What are the different strategies for these products? Name and evaluate two competitors for each and How do you think Mr. Jean-Paul Gillard managing
Calculate what maxco total labour variance is : MaxCo has a standard of 2 hours of labor per unit, at $12 per hour. In producing 2,000 units, Calculate what MaxCo's total labour variance is.
King farm manufacturing common stock : King Farm Manufacturing Company's common stock has a beta of 1.67. If the risk-free rate is 3.07 percent, and the market return
Social networks-social interactions and exchange of ideas : People who resist using online social networks such as Facebook and Twitter are an unusual minority in this country
How to calculate the efficiency variance : How to calculate the Efficiency Variance. Standard labor hours per unit,Standard labor rate per hour,Actual Labor hours,Actual Labor Cost
Shares of nocash corp : Suppose that you own 1,700 shares of Nocash Corp. and the company is about to pay a 25% stock dividend. The stock

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