Determine the Wildhorse direct labor rate variance

Assignment Help Managerial Accounting
Reference no: EM133079489

Question - Assembly line workers at Wildhorse Manufacturing worked a total of 14200 direct labor hours to produce 38200 units. The standard for producing one unit is 15 minutes at a wage rate of $12.90. If the actual wage rate was $12.70 per direct labor hour, determine the Wildhorse's direct labor rate variance?

Reference no: EM133079489

Questions Cloud

Discuss how the macroeconomic issues raised in chapter : The following questions are based on the Wall Street Journal Article from Chapter 3 about Proctor and Gamble's Pricing Strategies on pages 47-48.
Online marketing survey to learn consumers perceptions : Consider a monopoly that sells a product to consumers with a constant marginal cost of $13. There are two potential consumers. As a prior belief, each consumer
Competition between providers of coal sourced electricity : This has led some coal plants to operate at less full capacity most of the time. How does this affect competition between providers of coal sourced electricity?
Example of the threat of new entrants : Example of the threat of new entrants, bargaining power of suppliers, rivalry of industry competitors, bargaining power of buyers, and the threat of substitutes
Determine the Wildhorse direct labor rate variance : If the actual wage rate was $12.70 per direct labor hour, determine the Wildhorse's direct labor rate variance
What is economic surplus : What is his economic surplus for each laptop? Based on economic surplus, which laptop should he buy?
What is the sales volume variance : The flexible budget sales revenue is $76600. If the actual sales price is $6 and the budgeted sales price is $6.50, what is the sales volume variance
Efficient pigouvian tax on sulfur producers : Suppose there are two industries in an economy: sulfur mining and perfume manufacturing. The demand for sulfur is characterized by the private marginal benefit
What is the projected cash balance at end of third quarter : Cash purchases for merchandise inventory are budgeted at $401000 for the quarter. What is the projected cash balance at the end of the third quarter

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