What the labor efficiency variance for november is

Assignment Help Managerial Accounting
Reference no: EM132659874

Chhom Corporation makes a product whose direct labor standards are 0.8 hours per unit and $31 per hour. In November the company produced 7,500 units using 5,500 direct labor-hours. The actual direct labor cost was $115,500.

Problem 1: The labor efficiency variance for November is:

Multiple Choice

Option 1: -$70,500. F

Option 2: -$15,500. F

Option 3: -$15,500. U

Option 4: -$70,500. U

Reference no: EM132659874

Questions Cloud

Define the waiver process of transferring a juvenile : There are differences between the juvenile and adult court systems. In this assignment, you will choose a criminal case study of your choice or you may.
Explain dependency theory and globalization theory : Do you think dependency theory and globalization theory are also biased? Why or why not?
Calculate agnes realized and recognized gain : Rod Clooney purchases Agnes Mitchell's sole proprietorship for $990,000 on August 15, 2019. Calculate Agnes realized and recognized gain
Discuss bentham and kant ethical theories : How does Bentham explains how to bring the individual and society together. What is the summum bonum in Kant's theory?
What the labor efficiency variance for november is : What the labor efficiency variance for November is? Chhom Corporation makes a product whose direct labor standards are 0.8 hours per unit and $31 per hour.
Positive and negative aspects of deviance on society : There are several theories on deviance. Throughout this discussion, you will explore two of these theories
What you know about rational choice theory : After learning about "Rational Choice Theory", please discuss the major points of Rational Choice Theory. Apply what you know about rational choice theory.
Would the inclusion of the amount of gain or loss change : Wall-E compactor and assuming that 5 years of useful life remain on the machine. Would the inclusion of the amount of gain or loss change the decision
Examine the related law enforcement agencies and change : Select one to two (1-2) contemporary issues in modern police operations and examine the related law enforcement agencies, change, and efficiency.

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Witness in managerial accounting information

What specific characteristics or features we expect to witness in managerial accounting information?

  A company has year end cost of goods manufactured

1.A company has year end cost of goods manufactured of $ 4,000, beginning finished goods inventory of $ 500, and ending finished goods inventory of $ 750. Its cost of goods sold is

  Make a cash budget for the month of october and november

Make A cash budget for the month of October November and December as well as in total for the quarter. 10% sales are on cash basis, 50% of the credit sales

  What is the airlines profit-maximizing fare

What is the airline's profit-maximizing fare? How many passengers does it carry per week, using how many flights? What is its weekly profit?

  What will the new decision be

Product S, which would sell for Rs.50,000 and incur variable costs of Rs.30,000 and extra fixed costs of Rs.6,000. What will the new decision be?

  Calculate the budgeted net cash flows in january

Calculate the budgeted net cash flows in January, February and March. Why is the budgeted net cash flow in March is much worse than in January or February?

  Calculate the cash receipts expected in october

Preparing a Cash Budget - Calculate the cash receipts expected in October and calculate the cash needed in October to pay for food purchases

  What is the net present value or npv of the project

£300,000 in year 2 and in £600,000 in year 3.the company's cost of capital is 8% . What is the net present value (NPV) of the project?

  Which is not advantage of using a highly achievable target

Which is not an advantage of using a "highly achievable target" when constructing budgets? Decreasing the cost of achieving organizational control.

  Analyze costs and limitations of activity- based costing

Activity Based Costing, Analyze for craving that outlines the benefits, costs and limitations of Activity- based costing for the case that is in the picture

  Discuss optimal transfer price policy for the internal sale

Discuss an optimal transfer price policy for the internal sale of lenses by Barberini. Outline three key factors which make this an appropriate transfer

  What is the total amount of variable costs related to units

What is the total amount of variable costs related to the units produced and sold? (Do not round intermediate calculations.) Total variable 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!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd