Compute the actual hours worked

Assignment Help Accounting Basics
Reference no: EM132435942

Question - Veidt Enterprises uses a standard-costing system. Direct manufacturing labor information for one of their products for the month of October is as follows: standard price, $6.00 per hour; actual price paid, $6.10 per hour; standard hours allowed for actual production, 1,500 hours; direct manufacturing labor efficiency variance, $600 U. Compute the actual hours worked.

a.1,400

b.1,492

c.1,568

d.1,600

Reference no: EM132435942

Questions Cloud

Supply and demand for tvs : Supply and Demand for TVs. (Make sure to include a graph with the initial equilibrium price and quantity and the new price and quantity
Graph the firm in long run equilibrium : Problem 1: A monopolistically competitive sneaker firm is currently in long run equilibrium.
Compare Gilgamesh and Odysseus : Compare Gilgamesh and Odysseus as to their heroic qualities, noting similarities and differences, using specific examples from the epics.
Determine the currency exchange rates for each of the cells : Determine the currency exchange rates for each of the cells in the following matrix for Charles Alt's business trip to Canteberry
Compute the actual hours worked : Veidt Enterprises uses a standard-costing system, direct manufacturing labor efficiency variance, $600 U. Compute the actual hours worked
Price rigidity and the kinked demand curve : An analysis of the kinked demand curve helps in understanding why price changes without collusion in an oligopoly tend to happen infrequently.
Explain the era of invention : Explain the Era of Invention.Choose two inventions from this Era of Invention (1850-1900) and explain why they changed the world of their time
Business organizations to institutionalize ethics : Why is it important for business organizations to institutionalize ethics? How does this benefit the organization and individuals outside the organization?
Discuss the tactics that the US forces : Discuss the tactics that the US forces use to conquer the Phillippines

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