User Account

All Pages

Determine the direct labor time variance

Assignment Help Accounting Basics
Reference no: EM133042536

Question - Use this information for Flapjack Corporation to answer the question that follows. Flapjack Corporation had 7,600 actual direct labor hours at an actual rate of $12.10 per hour. Original production had been budgeted for 1,100 units, but only 950 units were actually produced. Labor standards were 7.0 hours per completed unit at a standard rate of $12.75 per hour. Determine the direct labor time variance?

a. $4,940.00 unfavorable

b. $4,940.00 favorable

c. $12,112.50 unfavorable

d. $12,112.50 favorable

Reference no: EM133042536

Questions Cloud

Determine the annual profit : On the other hand, the current sales volume is 4,000 units per year, at a price of $ 15,500 per unit. Determine the annual profit
What the total annual storage and ordering cost : The company is capable of manufacturing 1,000 units per week working from Monday to Friday. What the total annual storage and ordering cost
How much is the tax due : Mr. Tany Taxo is an employee of DEF Enterprises, a minimum wage earner. He earned an annual income of Php 160,000. How much is the Tax due
What is the amount that she should accept in this scenario : Sarah just won a settlement with an insurance company, which entitles her to receive payments of $30,363. What is the amount that she should accept
Determine the direct labor time variance : Labor standards were 7.0 hours per completed unit at a standard rate of $12.75 per hour. Determine the direct labor time variance
SHR043-6 Integrated Management Project Assignment : SHR043-6 Integrated Management Project Assignment Help and Solution, University of Bedfordshire - Assessment Writing Service
Indicate the accounts that are increased or decreased : Indicate the accounts that are increased and/or decreased and by which amount to remove the equipment from the books of Brown Company on March 31, 2015
What is the maximum cca deduction of the goodwill : On June? 1, 2020?, the proprietorship acquired goodwill for ?$54,000. What is the maximum CCA deduction of the goodwill for the year 2020?
Provide the journal entries to account for the revaluation : Provide the journal entries to account for the revaluation on 30 June 2022. Petersen Ltd classifies the residential land and factory land as different classes

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.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  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!

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