User Account

All Pages

What was high fliers actual cost per labor hour

Assignment Help Financial Accounting
Reference no: EM132893411

High Fliers Company produces model airplanes. During the month of November, it produced 2,000 planes. The actual labor hours were 7 hours per plane. Its standard labor hours are 10 hours per plane. The standard labor rate is Php11 per hour. At the end of November, High Fliers found that it had a favorable labor rate variance of Php10,500.

Question 1: What was High Fliers actual cost per labor hour?

a. Php12.75

b. Php11.50

c. Php10.50

d. Php10.25

Reference no: EM132893411

Questions Cloud

Write down the least square regression line : Trying to avoid over- or under-allocating labour hours in a particular moving job, the manager of a moving company would like to develop a better method of pred
What is the total overhead variance : Using the one-variance approach, what is the total overhead variance? Seegar Company uses a standard cost system for its production process
Apply-operations plan : Choose 3 quantitative elements that you would like to research in relation to the organization that you selected for your business plan.
What is its value : Afterwards, a more stable 11 percent growth rate can be assumed. If a 12.5 percent discount rate is appropriate for this stock, what is its value
What was high fliers actual cost per labor hour : What was High Fliers actual cost per labor hour? High Fliers Company produces model airplanes. During the month of November, it produced 2,000 planes.
What is the net advantage to leasing : The annual depreciation tax shield is $4,307 and the after-tax annual lease payment is $9,240. What is the net advantage to leasing
Leadership theories : Research and select three leadership theories. Explain how you will implement those theories in your leadership style.
Cloud-based saas system for operations : You are the project manager for a large university that has commenced a large-scale migration to a cloud-based SAAS system for Operations,
Find the sylvia carryovers to the following year : After deducting all possible carryovers in her current return, find the Sylvia's carryovers to the following year

Reviews

Write a Review

Financial Accounting Questions & Answers

  Financial statement analysis and preparation

Financial Statement Analysis and Preparation

  Shareholder of a company

Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?

  Financial and accounting principles

An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.

  Prepare a statement of cash flow using the direct method

Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.

  Financial accounting assignment

This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited

  Prepare general journal entries for goela

Prepare general journal entries for Goela Ltd

  Principles of financial accounting

Prepare the journal entry to record the acquisition of the assets.

  Prepare general journal entries to record the transactions

Prepare general journal entries to record the transactions, assuming use of the periodic inventory system

  Global reporting initiative

Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.

  Explain the iasb conceptual frameworks

Explain the IASB Conceptual Framework's perspective of users and their decisions.

  Determine the company''s financial statements

T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .

  Computation of free cash flow

Computation of Free Cash Flow

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