User Account

All Pages

Compute the direct labor price and efficiency variances

Assignment Help Accounting Basics
Reference no: EM132769792

Question - The standard direct labor cost per unit for a company was $48 (= $32 per hour × 1.5 hours per unit). During the period, actual direct labor costs amounted to $303,800, 9,400 labor-hours were worked, and 6,500 units were produced. Compute the direct labor price and efficiency variances for the period.

Reference no: EM132769792

Questions Cloud

Which are the three reasons why a corporation will invest : Which are the three reasons why a corporation will invest? To help other businesses. / To attract other investors. / To meet strategic goals
What overall goals does siemens want to achieve : Siemens is a 150-year-old German company, but it's not the company it was even a few years ago. Until recently, Siemens focused on producing electrical products
How are authentication and authorization : How are authentication and authorization alike and how are they different? What is the relationship, if any, between the two?
How much interest can be capitalised in ppe as a result : An entity capitalises borrowing costs, How much interest can be capitalised in PPE as a result of this construction in the year ended 30 June 2016?
Compute the direct labor price and efficiency variances : The standard direct labor cost per unit for a company was $48 (= $32 per hour × 1.5 hours per unit). Compute the direct labor price and efficiency variances
Does given require an informed and intelligent citizenry : Justice Holmes said "the best test of truth is the power of the thought to get itself accepted in the competition of the market." He was referring to the market
Create lease amortization table for the lease for DEF : Fair value of machinery at inception of the lease: $100,000. Create lease amortization table for the lease for DEF
How much the haier-china will make a profit or loss : How much the Haier-China will make a profit or loss in CNY from this parallel loan agreement in one year. (enter the whole number without sign or symbol)
Optimal profit and optimal values of the decision variables : Find the optimal profit and optimal values of the decision variables - Show the feasible region and the optimal solution on the graph. Annotate all lines

Reviews

Write a Review

Accounting Basics Questions & Answers

  Discuss the second table to stock splits

Page down to the first table for dividend history and the second table to stock splits. Why do you think Microsoft has had so many stock splits

  Calculate the cost per equivalent unit of conversion

Miller Company had no beginning inventory and adds all materials at the very beginning of its only process. Calculate the cost per equivalent unit of conversion

  What errors did ira make in preparing production cost report

What errors did Ira make in preparing this production cost report? Prepare a correct production cost report for July.

  What will be digby book value

If next year, assets decrease by $4,000,000 and liabilities increase by $2,000,000, what will be Digby's book value

  Number of personal and dependency exemptions

Determine the number of personal and dependency exemptions in each of the following independent situations.

  Prepare an inventory and cost of goods sold budget

Prepare an inventory, purchases, and cost of goods sold budget for each of the first three quarters of the year. Compute cost of goods sold

  Determining company net working capital

The company had cash and marketable securities worth $1,235,455, accounts payables worth $4,159,357, inventory of $7,121,599, accounts receivables of $3,488,121, notes payable worth $1,151,663, and other current assets of $121,455. What is the com..

  By how much did quantity demanded of bananas change

When heavy rain ruined the banana crop in central america theprice of bananas rose from $1 pound to $2 pound. By how much did the quantity demanded of bananas change?

  Bullen issued 12000 shares of common stock with 5 par

bullen issued 12000 shares of common stock with 5. par value and 47 fair value to obtain all of vickers outstanding

  You need to know how annuities work because many financial

you need to know how annuities work because many financial planners advise their clients to have them for retirement

  Calculate the consolidated net income of poplar inc

Calculate the consolidated net income of Poplar Inc. and its subsidiary Spruce Ltd. for the year ended December 31, 2019. Determine

  Journalize the adjusting entry for the inventory shrinkage

Journalize the adjusting entry for the inventory shrinkage for Rodriguez Company for the year ended October 30, 2019

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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