User Account

All Pages

What is the labour rate variance for the month

Assignment Help Accounting Basics
Reference no: EM132757105

Question: The following labour standards have been established for a product:

Standard labour hours per unit of output 7.5 hours Standard labour rate $15.25 per hour

The following data pertain to operations concerning the product for the last month:

Actual hours worked 9,600 hours Actual total labour cost $144,480 Actual units of output 1,200

What is the labour rate variance for the month?

Reference no: EM132757105

Questions Cloud

What is the sensitivity of the npv to changes in quantity : McGilla Golf has decided to sell a new line of golf clubs. The clubs will sell for $798 per set and have a variable cost of $449 per set. The company has spent.
Compute cost of ending inventory under absorption costing : There were no beginning inventories and no ending work in process inventory. Compute cost of ending inventory under absorption costing
Several of the individual elements within image : Look closely at the image and identify several of the individual elements within the image.
Why is covid-19 vaccine : Why is COVID-19 vaccine or vaccine, in general, ethical in nature?
What is the labour rate variance for the month : The following labour standards have been established for a product: Standard labour hours per unit of output 7.5 hours Standard labour rate $15.25 per hour.
Dynamic business environment of century : The 21st century manager must be agile to survive the fluid and dynamic business environment of this century.
Does the cash flow times the pv rate equal the present value : The assignment does not disclose the table. does the cash flow times the PV rate equal the present value? how to calculate the PV rate to get that answer, year
Prepare concord corporation journal entry : Concord sold the Sigma shares for $35.27 per share. Prepare Concord Corporation's journal entry to record the purchase of the investment
Prepare concord corporation journal entry : Concord sold the Sigma shares for $35.27 per share. Prepare Concord Corporation's journal entry to record the purchase of the investment

Reviews

Write a Review

Accounting Basics Questions & Answers

  Compute dunne us tax liability

Dunne paid $25000 in Brazilian income taxes, Compute Dunne's U.S. Tax liability after any available FTCs. Assume the U.S. tax rate is 34%

  Determine the dollar amount of overhead costs

Direct material used, $313,500; factory utilities, $118,500; and sales salaries expense, $163,500. Determine the dollar amount of overhead costs

  Prepare the cash from operations section

Prepare the cash from operations section of the statement of cash flows using the DIRECT method

  The biggest impact on a firm pe ratio

According to finance professionals, which one of these factors has the biggest impact on a firm's PE ratio? a. Accounting practices of the firm b. Risk-level of the firm c. Size of the firm d. Growth opportunities e. Age of the firm

  Do you see superviors and or managers receiving personal

do you see superviors and or managers receiving personal benefits at your organization? if so is it ethical? are they

  The captain company began operations on january 1 2014 the

the captain company began operations on january 1 2014. the company estimated that 0.10 of warranty costs will be

  Discuss the media release and newspaper article

Discuss the Media Release and newspaper article in the context of the statement "regulation is the output of a political process". Do you agree or disagree?

  What are the steps in the closing process

What are the steps in the closing process? How and why is the income summary account used in this process? Are all accounts closed out?

  Identify what level of assurance will be provided

For each assurance service, identify what level of assurance will be provided and what form the opinion will take

  Which of the following statements is true regarding

which of the following statements is true about referring to visuals in the text of a document? a. in general you

  Signature pen company manufactures ballpoint and fountain

signature pen company manufactures ballpoint and fountain pens and is operating at less than full capacity. market

  Compute the labor price and quantity variances

Lewis Company's standard labor cost of producing one unit of Product DD is 3.80 hours at the rate of $10.30 per hour. Compute the labor price

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