User Account

All Pages

The standard costs and actual costs for direct materials

Assignment Help Accounting Basics
Reference no: EM13604297

The standard costs and actual costs for direct materials, direct labor, and factory overhead for the manufacture of 2,500 units of product are as follows: Direct labor standard cost 7500 hours @ 12 Direct labor actual costs 7400 hours @ 11.40 The amount of the direct labor time variance is a. $1,200 favorable b. $1,140 unfavorable c. $1,200 unfavorable d. $1,140 favorable

Reference no: EM13604297

Questions Cloud

A appear only on the balance sheet b appear only on the : a appear only on the balance sheet b appear only on the income statement c are expensed as costs are incurred for
At 273 k and 10010-2 atm the density of a gas is 12410-5 : at 273 k and 1.0010-2 atm the density of a gas is 1.2410-5 gcm3 a find vrms for the gas molecules bfind the moloculer
What happens if a positive edge dislocation meets a : what happens if a positive edge dislocation meets a negative edge dislocation on the same slip plane with a parallel
An analysis of a particular mixed cost indicates it will be : an analysis of a particular mixed cost indicates it will be an average of 0.65 per hour at an activity level of 18000
The standard costs and actual costs for direct materials : the standard costs and actual costs for direct materials direct labor and factory overhead for the manufacture of 2500
Describe how the average velocity can be found on a graph : you drive on interstate 10 from san antonio to houston half the time at 59 kmh and the other half at 84 kmh. on the way
Calculate ending inventory and cost of goods sold at august : the following information applies to the questions displayed below.petes tennis shop has the following transactions
Textbook solutions is missing the answer to excercises e21 : textbook solutions is missing the answer to excercises e21 through e23 and also all the solutions for the problems can
If the ambulance is stationary and you the observer are : the siren on an ambulance is emitting a sound whose frequency is 2150 hz. the speed of sound is 343 ms.a if the

Reviews

Write a Review

Accounting Basics Questions & Answers

  Te company applies manufacturing overhead on the basis of

jobnbsp728 was recently completed. the following data have been recorded on its job cost sheetdirect

  During the year 5600 units were produced 18340 hours were

during the year 5600 units were produced 18340 hours were worked and the actual manufacturing overhead was 151200.

  What are the expected rate of return and standard deviation

rate of returnnbspnbspscenarioprobabilitystocksbondsnbspnbsprecession.20?519nbspnbspnormal

  Last month when harrison creations inc sold 40000 units

last month when harrison creations inc. sold 40000 units total sales were 300000 total variable expenses were 240000

  Jacks lumber yard receives 8000 large trees each period

jacks lumber yard receives 8000 large trees each period that it subsequently processes into rough logs by stripping off

  A boat costing 108000 and uninsured was wrecked the very

1. quirch inc. manufactures machine parts for aircraft engines. the ceo chucky valters was considering an offer from a

  Muncy inc is looking to add a new machine at a cost of

muncy inc. is looking to add a new machine at a cost of 4133250. the company expects this equipment will lead to cash

  Assume that the company estimates its bad debts expense

info providedtotal credit salesnbspnbspnbsp2200000accounts receivable at december 31nbspnbspnbspnbsp825000bad debts

  Bernadette a longtime client of yours is an architect and

bernadette a longtime client of yours is an architect and president of the local rotary chapter. to keep up-to-date

  Prepare cash flowsfrom operating activities section

The net income reported on the income statement for thecurrent year was $167,900. Prepare the cash flowsfrom operating activities section of the statement ofcash flows, using the indirect method.

  How might that business be operated

Generally, companies follow one of two broad strategies: offering a quality product at a low price, or offering a unique product or service priced higher than the competition. Assume you are opening a small food outlet across the street from your cam..

  Basis of machine-hours

Simplex estimates that 11,700 direct labor and 14,300 machine-hours will be worked during the year. If overhead is applied on the basis of machine-hours, the overhead rate per hour will be:

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