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Problem - The actual cost of direct labor per hour is $17.00 and the standard cost of direct labor per hour is $16.50. The direct labor hours allowed per finished unit is 0.25 hour. During the current period, 5,000 units of finished goods were produced using 3,500 direct labor hours. How much is the direct labor efficiency variance?
During the month, 28,500 liters were started and 29,000 liters were completed. How many units were started and completed during the month
Compute the variable overhead rate and efficiency variances. What relation can you see between this efficiency variance and the labor efficiency variance?
Explain the difference into two overhead rates. The overhead rate developed from the least-squares regression is different from Cairns
Calculate the cost per unit of producing the canisters under the traditional approach - Should the company purchase the canisters or continue manufacturing them
Calculate the total production costs of the Disney Project using traditional costing, when manufacturing overhead is applied at 125% of direct labour cost.
study the income statements of vitajet limited for three years provided below and answer the following questions1nbsp
Facey Farm produces a school of fish at a total cost. If Facey Farm slaughters the fishes, how much is incremental profit or loss? What should Facey Farms do?
Brock completed 14737 units of candy of which 10,500 were sold. What amount would Brock recognize on its income statement.
Alternatively, the calculators could be sold "as is" for $1,600. What is the net advantage or disadvantage of reworking the calculators
The Finishing Department of Edwards Company. Compute the equivalent units of production for materials and conversion costs for the month of July.
Karling Corporation for the year just ended. Purchases of raw materials $120. What was the cost of goods sold (in thousands of $) for the year?
You plan to start a program in 5 years. You can invest the money at 6% interest, compounded annually. How much will you have in 5 years?
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