User Account

All Pages

How do find the direct labor rate variance

Assignment Help Managerial Accounting
Reference no: EM132610472

Question 1: Use the following data to find the direct labor rate variance if the company produced 3,500 units during the period.

Direct labor standard (4 hrs. @ $7.00/hr.)$28.00per unit

Actual hours worked 12,750

Actual rate per hour$7.50

Reference no: EM132610472

Questions Cloud

Find break even point and find profit volume ratio : Find break even point and find profit volume ratio and if the selling price is reduced by Rs. 5 how it would affect break even point and P/V ratio.
Explains the security exposure : An enterprise security plan is a document that explains the security exposure that an entity would encounter in a specific marketplace.
Explain the concept of real time analytics : Explain the concept of "real time analytics", the benefits, and the cautions that must be taken to avoid "false positive" alerts. Compare and contrast the.
What total direct materials cost variance for the month was : Fixed manufacturing overhead incurred was $14,000. Based on this information, the total direct materials cost variance for the month was
How do find the direct labor rate variance : How do find the direct labor rate variance if the company produced 3,500 units during the period.Direct labor standard (4 hrs. @ $7.00/hr.)$28.00per unit
Cryptography history to use with dissertation : You are gathering preliminary research of cryptography history to use with dissertation, you know what means but need a more in-depth grasp of particular area
Calculate the variance and range charge : Calculate the variance and range charge. Sort the charge values in ascending order. Calculate the variance and range charge excluding the maximum value.
Which one categories at the end of an accounting period : The amount of net profit earned by a company is transferred to the balance sheet and reported under which one of the following categories?
Determine the performance of the two divisions of kb : Based on the current performance measure (i.e. ROI) determine the performance of the two divisions of KB for the current year

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!

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