Standard hours allowed for labors

Assignment Help Accounting Basics
Reference no: EM13123601

Hart Company's labor standards call for 500 direct labor hours to produce 250 units of product. During October the company worked 625 direct labor hours and produced 300 units. The standard hours allowed for October would be:

a. 625 hours.

b. 500 hours.

c. 600 hours.

d. 250 hours.

Reference no: EM13123601

Questions Cloud

What is the variable production cost per unit : Top Disc manufactures frisbees. The following information is available for 2013 , the company's first year in business when it produced 325,000 units. Revenue of $450,000 was generated by the sale of 180,000 frisbees.
Provide recommendations to the cpa about how to select : A CPA is interested in testing the fairness of the ending inventory balance at an audit client. He has relatively little experience using statistical sampling methods and, does not like to turn anything over to random chance.
Compute the equilibrium levels of b and g : Compute the equilibrium levels of B and G consumed and produced in the Home country under autarky. What is the corresponding value of p?
An essay on interested to sell book : Write an Essay on why are you interested to sell book. And why should you belong to the team if selling?
Standard hours allowed for labors : Hart Company's labor standards call for 500 direct labor hours to produce 250 units of product. During October the company worked 625 direct labor hours and produced 300 units. The standard hours allowed for October would be:
Formulate problem as an lp solve using solver in excel : Formulate this problem as an LP solve using Solver in Excel, From the sensitivity analysis, which warehouse site should have had more paper allocated to it at the start of the week and by how much per tonne would the overall cost of transport have..
Plotting graphs and defining functions : I have found the number of deaths in the United States due to each medical condition in each of the following years.
Confidence interval for population using historical data : Historical data suggests a standard deviation in the first sample of 10 and a standard deviation in the second sample of 16. Find a 95% confidence interval for the population difference.
Analyticity and differentiability : Assume that f(z) is analytic at the origin and f(0) = first derivative of f at 0 = 0. Prove that f(z) can be written in the form f(z) = [z^2]g(z), where g(z) is analytic at z = 0.

Reviews

Write a Review

Accounting Basics Questions & Answers

  Short run and long run equilibrium in fishing rod market

How would you predict that the short-run equilibrium that you have identified in question 1 will change? Illustrate your answer using appropriate diagrams. What will be the long-run equilibrium number of fishing rod manufacturers?

  Compute the employer''s fica taxes for the pay period ending

Compute the employer's FICA taxes for the pay period ending December 18.  OASDI taxes HI Taxes,  OASDI taxable earnings $ HI taxable earnings $ , OASDI taxes $ HI taxes $

  Adjusted trial balance and ledger balance

What is the relationship, if any, between the amount shown in the adjusted trial balance column for an account and that account's ledger balance?

  Business ethics-ethics in selling

For many months your prospective ERP customer has been analyzing the hundreds of assumptions built into the $800,000 ERP software you are selling. So far, you have knocked yourself out to try to make this sale.

  Determining quick ratio

Water works Inc has a current ratio of 1.33, current liabilities of 540,000 and inventory of 400,000. What is water works quick ratio

  Budegeting and comparison shopping

You are looking into purchasing computer equipment for your at-home business, personal recruiting. Since you are just starting out, you have set an initial budget of 1500.00

  Information about operating income

Greenville Corporation is considering the addition of a new product to its current product lines. The expected cost and revenue data for the new product are as follows:

  Cause-and-effect relationship

Which of the following is NOT a reason for expecting that a cause-and-effect relationship exists between the level of an activity and specified costs.

  Gross income-constructive receipt of income

Which of the following is not considered actual receipt or "constructive receipt" of income in the current year? Which of the following does not have to be included in gross income?

  Market value of firm common equity

BunaBuna has been growing at a 15 percent annual rate and is expected to continue to do so for 3 more years. At that time, growth is expected to slow to a constant 4 percent rate.

  Discusses debits and credits

Define the terms debit and credit. Explain how debits and credits affect the following: assets, liabilities, owner's capital account, revenues and expenses.

  Is it a current liability or a long term liability

Where on the balance sheet should a 20 year, 12% bond, due 1/1/2013 for $500,000 be listed. Is it a current liability or a long term liability?

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!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd