What is the direct labor time variance for april

Assignment Help Managerial Accounting
Reference no: EM133149595

Question - Marymount Company makes one product. In the month of April, it made 3,500 units. Workers were paid $32 per hour for labor, for a total of $718,848. The standard hours per unit are 6.4, and the standard labor wage rate is $38.40 per hour. What is the direct labor time variance for April?

Reference no: EM133149595

Questions Cloud

Compute total manufacturing costs for june : Direct labor is 9.60 per hour and overhead for the month was 9,600. Compute total manufacturing costs for June, if there were 1,500 direct labor hours
What are the incremental earnings? : Daily Enterprises is purchasing a $9.8 million machine. If? Daily's marginal tax rate is 35%?, what are the incremental earnings? (net income)
Applicable auditing standards and reporting requirements : Assess audit strategies including the evaluation of business risk and internal controls - Apply audit concepts and processes to gather evidence and formulate
Differentiate between terms information and data : Define and differentiate between the terms information and data. Explain What role can Excel play in decision making? Explain
What is the direct labor time variance for april : The standard hours per unit are 6.4, and the standard labor wage rate is $38.40 per hour. What is the direct labor time variance for April
Prepare the journal entry to record the purchase : Rodriguez Company pays $352,755 for real estate with land, land improvements, and a building. Prepare the journal entry to record the purchase
Static or flexible budgeting : If you were the accountant at your current (or former) place of employment, would you prefer to use static or flexible budgeting?
What is the minimum transfer price : The Heating Division is operating at full capacity. What is the minimum transfer price that the Heating Division should accept
Determine the value of a share of dupont series : Determine the value of a share of DuPont Series A $5 cumulative preferred stock, no par, to an investor who requires a 8 percent rate of return on this security

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Advice on the reliance of financial ratios analysis

Advice on the reliance of financial ratios analysis and budgetary controls for co-ordination and control of the group performance. Critical analysis of the company's management accounting function and ethical issues in the face of "Brexit" decisions..

  Why strategic leader need to develop long-term relationship

Explain why strategic leaders need to develop long-term relationships. Think managers are responsible for the failure of business firms.

  Calculate variable cost per unit by using high-low method

Volta Co. Ltd, Calculate the variable cost per unit by using high-low method. Calculate the fixed cost per unit by using high-low method.

  Find amount of factory overhead that was applied in february

During the month of February 2021, actual direct labor hours of 8,700 were incurred. Find the amount of factory overhead that was applied in February.

  Differences between costs to be incurred and revenue

Examination of differences between costs to be incurred and revenue to be earned under different courses of action.

  Explain the classification of costs according to behavior

Explain the classification of costs according to behavior. Explain the classification of activities according to ABC analysis

  Which true regarding the assumptions of james company''

WHICH true regarding the assumptions of James Company's cost-volume-profit analysis? Variable manufacturing overhead, per unit $1.00

  How do prepare the company planning budget for april

Sund Corporation bases its budgets on the activity measure, Prepare the company's planning budget for April. What is the net operating income?

  Prepare a budgeted income statementprepare a budgeted income

Rhodes, Inc., is a fast-growing start up firm that manufactures bicycles. The following income statement is available for July:

  How much is the adjusted loss on repossession

What is the total realized gross profit on installment sales before gains or losses on repossession in 2016? How much is the adjusted loss on repossession

  Analyze the methods of capital investment appraisal

Question: Analyze the methods of capital investment appraisal , Explain briefly…

  Evaluate suppliers under a just-in-time system

Evalate Primary factors that manufacturers would use to evaluate suppliers under a just-in-time system would include all of the on-time delivery

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