Find the direct labor efficiency variance for november

Assignment Help Accounting Basics
Reference no: EM133175985

Question - Europa Company manufactures only one product. Presented below is direct labor information for November.

Standard direct labor hours per unit of product 5.10

Number of finished units produced 4,400

Standard wage rate per direct labor hour (SP) $ 21.10

Total direct labor payroll for the period $ 434,970

Actual wage rate per direct labor hour worked (AP) $ 17.90

Required - Find the direct labor efficiency variance for November?

Reference no: EM133175985

Questions Cloud

What is the p-e ratio : The market capitalization rate corresponding to WMT stock is 7%. The expected ROE is 4% and the expected EPS is $2. What is the P-E ratio
Business strategy in achieving business success : What is the role of business strategy in achieving business success? gives recent examples on how organisation change thier business strategy to sustain
What is the current value of the stock : Amazing Corp. has just now paid a dividend of $3 per share (Do); What is the current value of the stock, after paying the dividend
Design a motivational plan : 1. Think about all of the supervisors/managers/bosses you've had. If you have never worked before and have never had a supervisor, use a teacher/professor for t
Find the direct labor efficiency variance for november : Europa Company manufactures only one product. Standard wage rate per direct labor hour (SP) $ 21.10. Find the direct labor efficiency variance for November
What does the business hope to achieve : The company Zealandia Horticulture have in the past said that their mission statement is "plants first" as growing quality product has to be the primary focus.
Forces model for the competitive microenvironment : Explain how an organisation making planning decisions takes into account the external environment using PESTEL factors for general macro environment and Porters
Calculate the break-even point for each of your selected : 30-day GM. RM4.20 put @ RM0.08. Based on your answers in Question (i), calculate the break-even point for each of your selected options
Techniques in the qualitative research method : Observation is one of the techniques in the qualitative research method. The researchers directly study the behavioral and non-behavioral activities and conditi

Reviews

Write a Review

Accounting Basics Questions & Answers

  Find what are the consequences for grace company ltd

The price of the item to be purchased has nearly tripled, If Grace Company was using the FIFO method of inventory costing, what are the consequences?

  What is the amount of the marital deduction

H's executor makes a QTIP election for the trust. What is the amount of the marital deduction

  What is the value of information

What is the value of information? What is the general ledger account corresponding to a subsidiary ledger called? Chart of account

  What is the rationale behind the choice of an exchange rate

What is the rationale behind the choice of an exchange rate as an entity's functional currency? Explain in detail and Support your answer with example!

  Explain in detail the audit trail document

Explain in detail the audit trail document as follows: Payment of electricity costs and Purchase of operational vehicles

  What are the benefits derived from planning audits

What are the benefits derived from planning audits? What is the purpose of an engagement letter? What subjects should be covered in such a letter

  Earnings per share eps is the most featured single

earnings per share eps is the most featured single financial statistic about modern corporations. daily published

  Analyze transaction on tipsy ltds contractual obligations

Tipsy Ltd is an importer and distributor of French wines. Analyze each transaction, advising on Tipsy Ltd's contractual obligations, if any.

  How much is the initial cost of the fixtures

Payable in three equal annual installments starting. The prevailing rate for note as of January 1, 20x1 is 12%. How much is the initial cost of the fixtures?

  What is the noncontrolling interest share

Sales to Doone amounted to $380,000 in 2017 and $480,000 in 2018. What is the noncontrolling interest's share of Rockne's 2018 income

  What is total amount to be remitted to canada revenue agency

An employee has $145.00 in Canada Pension Plan contributions deducted from their pay. What is the total amount to be remitted to the Canada Revenue Agency

  Determine the contribution margin per machine hour

Xcelerate Productions Limited manufactures and sells three different products of different qualities. Determine the contribution margin per machine hour

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