User Account

All Pages

How many hours did the firm actually work

Assignment Help Managerial Accounting
Reference no: EM132753311

Problem 1: LCW Corporation had a favorable direct-labor efficiency variance of AED6,000 for the period just ended. The actual wage rate was AED0.50 more than the standard rate of AED12.00. If the company's standard hours allowed for actual production totaled 9,500, how many hours did the firm actually work?

Option 1: 902

Option 2: 900

Option 3: 9,020

Option 4: 9,000

Reference no: EM132753311

Questions Cloud

What about for final cash flows : Are initial flows on an investment more often positive or negative? What about for final cash flows?
What is the annual increase in earnings : You are considering enrolling in a 2-year long on-line MBA program. You will continue your current employment. If you do, you must pay two payments of $20,000.
Purposes of assessing an investment : When a cash flow budget is drawn up for the purposes of assessing an investment, can free cash flows be negative?
What impact will it have on the price of the bond : A 6% annual coupon bond with a $1,000 par value has a yield to maturity of 7.5%. This bond has a duration of 7.45 years. If the market interest rate goes.
How many hours did the firm actually work : LCW Corporation, If the company's standard hours allowed for actual production totaled 9,500, how many hours did the firm actually work?
Majority of investment banks : Majority of investment banks and stockbroking firms anticipate that CPO to trade higher in July due to the enforcement of biodiesel mandates in Malaysia.
Which variances would have a high probability of arising : Which variances would have a high probability of arising from this situation? Razon Company recently purchased materials from a new supplier
What is the preferred weighting scheme : Describe the logic underlying the use of target weights to calculate the WACC and compare and contrast this approach with the use of historical weights.
Discuss the rent for surplus theory of international trade : Distinguish between government legislation and government commercial policy as non tariff barriers to nations engagement in international trade.

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Determine the sensitivity of the project npv

Do analysis with cash flows of the project to determine the sensitivity of the project NPV with the following changes in the value drivers

  How residual income is defined as

How Residual income is defined as ? variable contribution margin less the minimum rate of return on average operating assets.

  What role does public sector and private sector play

What role(s) does public sector and private sector play. Explain the specific roles of contemporary accountants in both sectors towards sustainability.

  How to calculate the direct materials quantity variance

How to Calculate the direct materials quantity variance. Calculate the direct labor efficiency variance. Calculate the direct labor rate variance.

  What is the lowest acceptable transfer price from viewpoint

10,000 timers to outside customers. According to the formula in the text, what is the lowest acceptable transfer price from viewpoint of the selling division

  Calculate cost per unit of activity driver for activities

HA2011 Management Accounting Assignment. Task Part: A (Activity Based Costing). Calculate the cost per unit of activity driver for the activities listed

  How many of each product should be manufactured

ACCOUNTING PRINCIPLES MANAGERIAL -TEST. How many of each product should be manufactured and sold to maximize the company's contribution margin based on the current production activity of 3,000,000 machine hours? What is the total contribution margi..

  Determine for the period ended

(a) Determine for the period ended. (i) The total actual direct labour cost, and (ii) The actual cost per kg of raw material used.

  How net operating income calculate under absorption costing

Net operating income calculated under absorption costing would be less than net operating income calculated under variable costing if

  Behavioral dimensions of budgeting

Define budgeting and discuss its role in planning, control, and decision-making. Describe the behavioral dimensions of budgeting.

  How is IBM PESTL Analysis

How is IBM's PESTL Analysis (Political, Economic, Socio-Cultural, Technological, Legal, Global) under the Global Environment? Explain in detail with an example.

  Unit product cost for the month under absorption costing

What is the unit product cost for the month under variable costing and what is the unit product cost for the month under absorption costing?

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