What is the total labor efficiency variance

Reference no: EM131883526

Problem

A job was budgeted to require three hours of labor per unit at dollar 8 per hour. The job consisted of 8,000 units and was completed in 22,000 hours at a total labor cost of dollar 198,000. What is the total labor efficiency variance?

Reference no: EM131883526

Questions Cloud

Discuss the function of education to the society : Discuss the function of education to the society. Describe the relationship between the family and the school and the community.

Outline and explain the strategies : As a classroom teacher, outline and explain the strategies that you will employ to motivate your students to learn.

What is the payback period : The after-tax cash flows are expected to be $83 each year for 13 years. What is the payback period?

How much will she have in her account after 25 years : ACME has a management contract with its newly hired president. The contract requires a lump sum payment of $25 million be paid to the president .

What is the total labor efficiency variance : The job consisted of 8,000 units and was completed in 22,000 hours at a total labor cost of dollar 198,000. What is the total labor efficiency variance?

How much money will she have when she is 65 years old : A 22-year-old student wants to save $4 a day for her retirement. Every day she places $4 in a drawer.

What type of survey method the researcher could use : Some critics of television complain that the amount of violence shown on television contributes to violence in our society.

Calculate the net operating income : The interest portion of the mortgage payments and the depreciation are given below for each of the next 3 years.

Compute journal entries for the given transactions : All other estate assets are to be liquidated with the resulting cash going to the First Church of Freedom. Compute journal entries for the above transactions.

Reviews

Write a Review

Required(*) Message

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.

Theory of interest - term structure of interest rates

Term Structure of Interest Rates

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

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

User Account

All Pages