What is the dl hours variance

Assignment Help Financial Accounting
Reference no: EM132938697

Question - Given the following information for direct labor

Standard hours = 4.0

Actual hours = 5.00

Standard Wage = $12.00 per hour

Actual Wage = $10.00 per hour

Required - What is the DL Hours Variance?

A. $12.00 Unfavorable

B. $12.00 Favorable

C. $10.00 Favorable

D. $10.00 Unfavorable

Reference no: EM132938697

Questions Cloud

Calculate the price expense : At January 1, 2008 supplies on hand were 2,000. At December 31, 2008 supplies on hand are 2,500. Calculate the price expense for 2008
What is the value of ending inventory using full costing : In addition, the company has fixed selling and administrative costs of $162,600 per year. What is the value of ending inventory using full costing
Compute the annual inventory carrying costs : e company pays P150 to place a detailed order, and the monthly demand for the product is 4,000 units. Compute for the annual inventory carrying costs
What is the allowance for doubtful accounts : Estimated sales discounts at December 31, 2018 25,000 1% of net credit sales is estimated to be uncollectible. What is the allowance for doubtful accounts
What is the dl hours variance : Given the following information for direct labor - Standard hours = 4.0. Actual Wage = $10.00 per hour. What is the DL Hours Variance
What should be the balance of the discount on notes payable : What should be the balance of the Discount on Notes Payable account on the books of Ivanhoe at December 31, 2021 after adjusting entries are made
What are the dividends received by preferred stockholders : The board of directors declared and paid a $3500 dividend in 2020. In 2021, $23200 of dividends are declared and paid. What are the dividends received
Determine the cost gap : Estimated market demand 1,200 units in its first year of launching. Determine the cost gap for the '3 Kingdom'
What is the amount of dividends common shareholders : The board of directors of HS declared cash dividends of $70,000 in 2021. What is the amount of dividends common shareholders will receive in 2021

Reviews

Write a Review

Financial Accounting Questions & Answers

  What is your effective annual rate of return

You buy a bond issued by Terlingua Oil & Gas Exploration Corp. The coupon rate is 10%, and coupons are paid semi-annually. Par of your bond is $10,000. The bond matures in 10 years. Your price today on the bond is $9,000. In six months, the YTM on th..

  What amount should gsm report as total accounts payable

GSM's account payable at December 31, 2020, At December 31, 2020, what amount should GSM report as total accounts payable?

  Identifies the threat to auditor independence

Identifies the threat to auditor independence in relation to the recent offering of the role of Financial Controller to the audit team senior, Ellie French?

  Calculate the cost of preference shares

Calculate the cost of preference shares. The current risk-free rate is 7,1%, while the current return on the market is 13,2%. The company's beta to the market

  Prepare only the journal entry to record the supplies

Spencer Gifts had a beginning balance,Prepare ONLY the journal entry to record the supplies that were used during 2019 in December.

  Which company is more efficient from these income statements

XYZ has revenues of $150 million and expenses of $110 million. Can you determine which company is more efficient from these income statements?

  Find how much is the company ebitda

Find How much is the company's EBITDA? Other operating expenses 980,000. Restructuring charges 320,000. Restructuring charges 320,000

  What is the depreciation tax shield and calculate the ebit

Calculate the EBIT. Calculate the net income. Calculate the OCF. What is the depreciation tax shield? Costs: 296,800. Depreciation: 67,500

  Finding bond coupon rate current rate and yield to

finding bond coupon rate current rate and yield to maturity.1.nbspif the one million additional shares can only be

  What are the ethical issues and relevant facts

Chris, a CPA and formerly a staff accountant for a large public accounting firm, is the new controller for a small construction company that employs 60 people. The company is now facing tough times in light of a downturn in the construction industry...

  Accounts receivable before allowance for uncollectible at

Estimated uncollectible on December 31.Quirino should report the December 31, 2018 Accounts Receivable before Allowance for Uncollectible accounts at ?

  Prepare journal entry for bayu bhd to record lease activity

Prepare the journal entries for BAYU Bhd to record leasing activities during the first year of the lease term (including the amortization schedule)

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