User Account

All Pages

Show journal entry to record the incurrence of direct labour

Assignment Help Managerial Accounting
Reference no: EM132502230

Pinkney Corporation has provided the following data concerning its direct labor costs for November:

Standard wage rate $12.20 per DLH

Standard hours 5.3 DLHs per unit

Actual wage rate $11.20 per DLH

Actual hours 39,720 DLHs

Actual output 7,900 units

Required:

Question 1: Show the journal entry to record the incurrence of direct labor costs

Reference no: EM132502230

Questions Cloud

Which direct materials variances will hart investigate : Which direct materials variances will Hart investigate further? Compute the direct materials price and quantity variances and classify each
Compute the direct labor rate variance and the direct labor : Compute the direct materials price and quantity variances. (Indicate the effect of each variance by selecting for favorable, unfavorable, and no variance.)
Compute the per unit total manufacturing cost of standard : Compute the per unit total manufacturing cost of Standard and Custom handbags by using the company's current overhead costing procedures
STAT1005 Introduction to Probability and Data Analysis : STAT1005 Introduction to Probability and Data Analysis Assignment Help and Solution - Curtin University, Australia - Assessment Writing Service
Show journal entry to record the incurrence of direct labour : Show the journal entry to record the incurrence of direct labor costs. Pinkney Corporation has provided the data concerning its direct labor costs for November
Demonstrate the equivalent cost per unit : Assuming the ending inventory is considered to be 40 and 60 percent complete. Also need clarification which percentage is correct either 40% or 60%
Prepare the company planning budget for april : Prepare the Company planning budget for April. Sund Corporation bases its budgets on the activity measure customers served.
Why you are writing and why are interested in the position : An explanation of why you are writing and why are interested in the position and. How you can contribute to the organization or program you are applying to.
How much overhead cost would be assigned to product : How much overhead cost would be assigned to Product N79A using the company's activity-based costing system? Mouret Corporation uses the following activity rates

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Qrecognize types of responsibility centersrecognize each

qrecognize types of responsibility centersrecognize each responsibility center as a cost center a profit center a

  Explain managerial accounting

the objective of installing ABC in service firms is different than it is in a manufacturing firm

  Prepare companys journal entry to record the notes issuance

Prepare the company's journal entry to record the note's issuance, prepare the journal entries for the first and second installment payments

  Determine labour variances for twitch cola

In addition to the materials variances, the management at SCC would like to determine labour variances for Twitch Cola. For this batch of Twitch Cola

  Review the performance of bendigo fencing company

Prepare a report for Chandra explaining the errors he made in his income statement and Review the performance of Bendigo Fencing Company

  How can abc be used to improve profitability

Explain why Activity Based Costing (ABC) often reveals existing product cost cross-subsidization problems. How can ABC be used to improve profitability? Discuss some of the limitations of ABC.

  The company declared a cash dividend

On October 15, the company declared a cash dividend of $100,000. Assume the preferred stock is non-cumulative.

  Calculate npv rank projects using present value ratios

Calculate NPV rank projects using present value ratios. The following capital expenditure projects have been proposed for management's consideration at Scott, Inc., for the upcoming budget year:

  Discuss your reaction to the public service announcement

Discuss your reaction to the public service announcement in relation to the marketing of junk food to children, with a focus on why or why not this PSA is appropriate.

  Cost driver for the material handling activity

Under a costing system that allocates overhead on the basis of direct-labor hours, the material handling costs allocated to one mirror would be what amount?

  Baker plumbing fixtures-target costing

uppose the company decides that only 1,400 units can be sold at a price of $5,000 and, therefore, the target cost cannot be reached. The company is considering. dropping the steam feature, which adds $600 of variable cost per unit. With this featu..

  How do you prepare flexible expense budget that reflects

How do you prepare flexible expense budget that reflects what each expense should have been for 2016 in the Bellaire Clinical Lab?

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