What is the total labor cost variance

Assignment Help Accounting Basics
Reference no: EM132499057

Question - A job was budgeted to require 4 hours of labor per unit at $12.00 per hour. The job consisted of 6,400 units and was completed in 24,600 hours at a total labor cost of $312,900. What is the total labor cost variance?

Reference no: EM132499057

Questions Cloud

What is the probability that in any given year : Suppose the average return on Asset A is 6.5 percent and the standard deviation is 8.5 percent, and the average return and standard deviation on Asset B
What is the correct cash balance : According to the check register of Pendrack Systems, the cash balance on July 1 was $1980.20. What is the correct cash balance
What was the conflict and relationship : Reflect on an experience of a conflict and how it could have been improved with a mentor or coach. From this experience, create a mentoring or coaching document
Do have moral obligations to future generations : What would be the proper moral response of rich nations to this impending tragedy? Do you favor Garrett Hardin's approach in which rich countries
What is the total labor cost variance : The job consisted of 6,400 units and was completed in 24,600 hours at a total labor cost of $312,900. What is the total labor cost variance
Provide the rest of the balance sheet : Beginning with a corrected income from continuing operations before income tax, provide the rest of the balance sheet, ending with the net income of the firm
What is the mission and goals of the organization : What is the mission, vision, and goals of this organization? Comment on the organization's strategic planning process and its relationship to financial.
Identify a connection ethical theory vs one political one : Identify a connection between one Ethical theory and one Political one. Argue for why your choice comprises the best way to organize people
How would you evaluate different compensation packages : Congratulations! You have recently been promoted and are the company's new Human Resources Manager! You have offices in several countries.

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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