User Account

All Pages

What was the labor rate variance for the month

Assignment Help Managerial Accounting
Reference no: EM132954103

Question - The standards for product F88W specify 3.5 direct labor-hours $13.00 per direct labor-hour 800 per unit at. Last month units of product F88W were produced using 2,500 direct labor-hours at a total direct labor wage cost of $30,500.

Required -

a. What was the labor rate variance for the month?

b. What was the labor efficiency variance for the month?

Reference no: EM132954103

Questions Cloud

How can motivation help people to grow personally : 1. How can motivation help people to grow personally or professionally? 2. How can the employee attitude and employee engagement improve your performance?
Prepare a statement of retained earnings for the year : Loss on write-down of obsolete inventory$17,000.Prepare a statement of retained earnings for the year ended December 31, 2020.
Explain the different cultural backgrounds : How do you demonstrate respect for differences when interacting with staff from different cultural backgrounds?
What total amount of bond interest expense : Enviro Company issues 8%, 10-year bonds with a par value of $280,000 and semiannual interest payments. What total amount of bond interest expense
What was the labor rate variance for the month : The standards for product F88W specify 3.5 direct labor-hours $13.00 per direct labor-hour 800 per unit at. What was the labor rate variance for the month
What is survey analysis : What is survey analysis? Provide exampleswhat are the benefits and limitations of conducting a survey analysis?
Describe interrelationships and business agreements : 1. Describe three different sectors in the events industry where you could potentially have a commercial business relationship.with
What is the accumulated value of the annuity : In addition to this, he invested $700 at the end of every 3 months for 9 years. What is the accumulated value of the annuity at the end of the first 3 years
Improving customer service strategies : Planning is a process of identifying goals that provide direction for the organization. Managers at all levels can participate in the planning process, selectin

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Compute net income under absorption costing for each year

Cute Sdn. Bhd. produces sporting equipment. In 2019, the first year of operations, Compute the net income under absorption costing for each year.

  What is the amount of the firm current assets

Net fixed and other assets of $1,504,358; total assets of $3,469,389; and long-term debt of $976,035. What is the amount of the firm's current assets

  What is the treatment of fixed manufacturing costs

What is the treatment difference of fixed manufacturing costs between absorption and variable costing? Give an example and provide the specific example.

  What is morrits tie ratio

Find What is Morrit's TIE ratio? If the company doesnt maintain TIE ratio of at least 4 to 1, then bank will refuse to renew loan, and bankruptcy will result.

  What is the current dividend

Dividends are expected to continue to grow at a rate of 8% annually. If investors in High Brow require a 13% rate of return, what is the current dividend?

  Calculate net advantage or disadvantage of further process

Calculate the net advantage (disadvantage) of further processing. Use a negative sign with your answer to indicate a net disadvantage (if applicable)

  What is causing the estimated unit product cost

Assuming the estimated variable manufacturing overhead cost per unit is $0.40, what must be the estimated total fixed manufacturing overhead cost

  What cost per equivalent unit for material q

What Cost per equivalent unit for Material Q under weighted-average method calculated to be?Material P is added at beginning of work in the Mixing Department.

  Compute the per-unit factory overhead allocated to gasoline

Compute the per-unit factory overhead allocated to the gasoline and diesel engines under the multiple production department factory overhead rate method.

  True of a signature card

which of the following is true of a signature card

  How many units in total would he need to sell

The director has decided that it is important to him to achieve a ROCE of 10%. How many units in total would he need to sell in order to achieve this

  Calculate the selling price per unit charged by the outside

Calculate the selling price per unit charged by the outside supplier that would make Glenn economically indifferent between making and buying the motor.

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