Variances-addy company, Addy Company's direct labour costs

Variances-addy company

Reference no: EM13817640

Problem: Variances - Addy Company

Addy Company's direct labour costs are as follows:Standard direct labour hours 30,000Actual direct labour hours 29,000Direct labour efficiency variance, favourable $4,000

Direct labour rate variance, favourable $5,800Total gross wages $110,200

Required:

a. What was Addy's standard direct labour rate? b. What was Addy's actual direct labour rate

Reference no: EM13817640

Questions Cloud

Company performance and reasons for investing : From an investor's view, review the last annual report for chosen company. Use financial analysis tools of liquidity, profitability, and solvency to evaluate the company's performance and reasons for investing or not investing. Include the company..

Write a review of the article bartleby : Write a review of the article "Bartleby". The Doloff article, the wiki, the audio/power points and the discussion posts. What do you see as the most important points about this material in the context of our class?

Flexible budget variances-appleby inc : The controller of Appleby Inc. created standards for variable costs for one of its products asfollows: per unitDirect material $2.00Direct labour 5.60Variable overhead 1.25At the beginning of the year

Which actor did you think offered the best hamlet and why : I'd also like you to review the Hamlets that you saw. Which actor did you think offered the best Hamlet and why?

Variances-addy company : Addy Company's direct labour costs are as follows:Standard direct labour hours 30,000Actual direct labour hours 29,000Direct labour efficiency variance, favourable $4,000

Variances-andres industries : Andres Industries employs a standard cost system. Andres has established the following standards for the prime costs of its Hunters' Bow product line:

Examine relevant consumer behavior for your target market : Examine the relevant consumer behavior for your target market. Explain the main reasons why the brand name, logo, slogan, brand extension, as well as the positioning statement and marketing strategy are right for the identified target market

What harms is a gasoline tax trying to address : Why do you suppose we didn't see a decrease in gasoline prices? In answering this, think of substitute uses for oil (which can be turned into gasoline) also, what do you think is the primary force behind gasoline price changes?

Conclusions about the management of accounts receivable : Indicate whether each procedure is an example of good internal control or of weak internal control. Identify and describe the three tools of financial statement analysis. What conclusions about the management of accounts receivable can be drawn from..

User Account

All Pages