User Account

All Pages

How much is the direct labor time-efficiency variance

Assignment Help Accounting Basics
Reference no: EM133043823

Question - Fifty Shades of Dr. Gray, Inc., makes custom window coverings. Given the following information:

Standards:

Material 4.0 feet per unit @ $3.75 per foot

Labor 3.0 hours per unit @ $8.25 per hour

Actual:

Production 3,500 units produced during the month

Material 14,200 feet used; 14,700 feet purchased @ $3.70 per foot

Labor 10,400 direct labor hours @ $8.35 per hour

How much is the direct labor time/efficiency variance? Indicate UNFAVORABLE variances with a negative sign.

Reference no: EM133043823

Questions Cloud

Prepare journal entries in the books of albert : Albert paid £50,000, worth goods, on 9th January 2021 and cleared the balance on 30th January 2021. Prepare journal entries in the books of Albert
What percent of his salary should he contribute to account : Dylan would like to have $400,000 in his 401(k) when he retires in 26 years. If his investments earn 7.5%, what percent of his salary should he contribute
What is the company cash flow from operations for the year : A company reports net income of $100 and depreciation expense of $60. What is the company cash flow from operations for the year
Describe technological considerations for collecting data : What metrics would be important to track with respect to diversity and inclusion for HRM functions? Describe technological considerations for collecting data fo
How much is the direct labor time-efficiency variance : Material 14,200 feet used; 14,700 feet purchased @ $3.70 per foot. How much is the direct labor time/efficiency variance
Prepare the required journal entries in good form : Tunis Incorporated has a March 31 year-end. Prepare the required journal entries in good form (with dates) for the above-listed transactions
Indicate the amount of underapplied or overapplied overhead : The estimated direct labour dollars for the year were $130,000. Indicate the amount of underapplied or overapplied overhead
What is the irr of this investment : This bond is a ten-year, zero-coupon bond with a YTM of 4.5% (yearly) and a face value of $1000. What is the IRR of this investment
Determine the number of recorders the manager should order : The manager has determined that if 85% of customer demand for recorders can be met, Determine the number of recorders the manager should order

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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