Determining actual direct labor rate

Assignment Help Accounting Basics

Reference no: EM13123628

The Reedy Company uses a standard costing system. The following data are available for November:

Actual direct labor hours worked 5,800 hours

Standard direct labor rate $9 per hour

The actual direct labor rate for November is:

a. $8.80.

b. $8.90.

c. $9.00

d. $9.20.

Reference no: EM13123628

Questions Cloud

Prepare the journal entries to record the purchase : Tracy Company, a manufacturer of air conditioners, sold 100 units to Thomas on November 17, 2013. The units have a list price of $500 each, but Thomas was given a 30% trade discount. The terms of the sale were 2/10, n/30. Thomas uses a periodic in..

Is there evidence of a difference in mean battery life : Types of digital cameras are equal, is there evidence of a difference in the mean battery life between the two types of digital cameras at the 95% confidence level?

What is the arc elasticity of demand for the london times : What is the arc elasticity of demand for the London Times and what happened to income as a result of the decline in the price?

Illustrate what is the expected return of your portfolio : assume that you have $200,000 invested in a stock that is returning 14%, $300,000 invested in a stock that is returning 18%, and $400,000 invested in stock that is returning 15%. illustrate what is the expected return of your portfolio?

Determining actual direct labor rate : The Reedy Company uses a standard costing system. The following data are available for November: The actual direct labor rate for November is:

Illustrate what is her recognized gain or loss : she sold 48 shares, which could not be specifically identified, for $576, and on December 8, 2011, she sold another 25 shares for $100. Illustrate what is her recognized gain or loss?

Confidence interval for proportion of non-fatal accidents : Contruct a confidence interval for the proportion of non-fatal accidents that involved a cell phone at a 95% confidence interval.

What would be the scheduling model for situation : What would be the scheduling model for this situation (environment, restriction, constraints) if you wish to minimize the total time in system? Use the appropriate scheduling notation.

Calculate the optimal money growth rate : Calculate the optimal money growth rate needed for the Fed to hit its inflation target in the long run and Fed instead maintained the money growth rate from part A, what is likely to happen to inflation?

User Account

All Pages