Kansas company uses a standard cost accounting system in

Reference no: EM13582097

Kansas Company uses a standard cost accounting system. In 2014, the company produced 28,200 units. Each unit took several pounds of direct materials and 1.6 standard hours of direct labor at a standard hourly rate of $12.00. Normal capacity was 50,450 direct labor hours. During the year, 130,200 pounds of raw materials were purchased at $0.90 per pound. All materials purchased were used during the year.

If the labor price variance was $6,401 favorable, what was the actual rate per hour?

Reference no: EM13582097

Questions Cloud

Barringer reported 210000 of net income during 2014 and : anderson acquires 10 percent of the outstanding voting shares of barringer on january 1 2013 for 92000 and categorizes

Using a significance level of 01 carry out a two-tailed : the following eight observations were randomly selected from two populations that were not necessarily normally

Using a significance level of 005 can we conclude from : question suppose that 11 individuals take the gmat graduate management admission test then take a gmat preparation

Using a significance level of 01 carry out a two-tailed : question 1 suppose that 11 individuals take the gmat graduate management admission test then take a gmat preparation

Kansas company uses a standard cost accounting system in : kansas company uses a standard cost accounting system. in 2014 the company produced 28200 units. each unit took several

Conduct research to determine the impact of the : conduct research to determine the impact of the sarbanes-oxley act sox generally accepted accounting principles gaap

Rantzow-lear company buys and sells securities expecting to : rantzow-lear company buys and sells securities expecting to earn profits on short-term differences in price. the

Reported ticket revenue was 2 200000 is the difference : the auditors for weston university are conducting their audit for the fiscal year ended december 31

What is the difference between biochemical pharmaceutical : what is the difference between biochemical pharmaceutical and diagnostic chemical reactions in healthcare?what is a

User Account

All Pages