User Account

All Pages

What oriole direct labor rate variance is

Assignment Help Managerial Accounting
Reference no: EM132983057

Problem 1: Assembly line workers at Oriole Manufacturing worked a total of 12500 direct labor hours to produce 36600 units. The standard for producing one unit is 15 minutes at a wage rate of $10.5. If the actual wage rate was $11.0 per direct labor hour, Oriole's direct labor rate variance is

Option 1: $4575 favorable.
Option 2: $6250 favorable.
Option 3: $4575 unfavorable.
Option 4: $6250 unfavorable.

Reference no: EM132983057

Questions Cloud

What ivanhoe direct labor efficiency variance is : Assembly line workers at Ivanhoe Manufacturing worked, If the actual wage rate was $10.90 per direct labor hour, Ivanhoe's direct labor efficiency variance is?
Discuss the degree of operating leverage : Within the contexts of risk and profitability, discuss the degree of operating leverage (DOL) and its characteristics
Discuss the two primary assumptions : Discuss the two primary assumptions that underlie the use of ABC system for Med Supplies Company
How do calculate the new machine internal rate of return : Bramble Pix currently uses a six-year-old molding machine to manufacture silver picture frames. Calculate the new machine's internal rate of return.
What oriole direct labor rate variance is : What Oriole's direct labor rate variance is? Assembly line workers at Oriole Manufacturing worked a total of 12500 direct labor hours to produce 36600 units
Identify the risks for sales and cost of sales : Identify the risks for sales and cost of sales at MG and the related assertions. Suggest audit procedures to address the risks
Calculate the after-tax interest paid : The net income for the year ended December 31, 2020 was $410,000. Calculate the after-tax interest paid on the 10% bonds
What is the company projected operating income : Assuming that variable costs are 30% and fixed costs are $100,000, what is the company's projected operating income if sales are $750,000
Discuss the accounting treatments : Question - Discuss the accounting treatments when a lessee agrees to pay a lessor's delinquent taxes or mortgage payments for a clear title

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Manage budgets and financial plans

Explain the budgeting process and its importance to a business, identifying the components of different budgets, forecast estimates for inclusion in the budgets.

  Prepare a retained earnings statement

Prepare a retained earnings statement for the year and Prepare a stockholders' equity section of given case.

  Prepare a master budget for the three-month period

Prepare a master budget for the three-month period.

  Construct the companys direct labor budget

Construct the company's direct labor budget for the upcoming fiscal year, assuming that the direct labor workforce is adjusted each quarter to match the number of hours required to produce the forecasted number of units produced.

  Evaluate the predetermined overhead rate

Evaluate the Predetermined Overhead Rate

  Determine the company''s bid

Determine the company's bid if activity-based costing is used and the bid is based upon full manufacturing cost plus 30 percent.

  Compute the pool rates for the different activities

Complete the schedule to compute the pool rates for the different activities.

  Prepare Company financial statements

Prepare Company financial statements

  Prepare an analysis of terracycles

This individual assignment is based on the TerraCycle Inc.

  Discuss the ethical issues

Discuss the ethical issues

  Political resources in emerging markets

Calculate the GDP in Income Approach  and Expenditure Approach

  Management accounting - ehsan electronics company

A new plant accountant suggested that the company may be able to assign support costs to products more accurately by using an activity based costing system that relies on a separate rate for each manufacturing activity that causes support costs.

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