User Account

All Pages

What was the standard rate for august

Assignment Help Accounting Basics
Reference no: EM131968591

Question - Information on Crane's direct labor costs for the month of August is as follows:

Actual rate $6

Standard hours 11000

Actual hours 10000

Direct labor price variance-unfavorable $2400

What was the standard rate for August?

$5.98

$6.24

$5.76

$6.02

Reference no: EM131968591

Questions Cloud

Finding the amount of the purchase discount : A company using the perpetual inventory system purchased inventory worth $21,000 on account with terms of 3/10, n/30. Defective inventory of $1,000.
What is the financial breakeven point : The tax rate is 34% and the discount rate is 10.5%. What is the financial breakeven point?
Explain political ramification both intended and inadvertent : Explain political ramifications, both intended and inadvertent, of the programs or policies you have selected as possible topics for the Final Paper.
Financial instruments have potential for unlimited losses : Which of the following financial instruments have the potential for unlimited losses? (Circle all that apply)
What was the standard rate for august : Information on Crane's direct labor costs for the month of August is as follows: Actual rate $6. What was the standard rate for August
Explain how the partnership is taxed : Explain how the partnership is taxed. You know that the partnership is considered a flow-through entity, meaning it is not taxed as a business.
How many units of product must stone make : Stone Corporation is a manufacturing company that makes small electric motors it sells for $45 per unit. How many units of product must Stone make
What measures can accounting firms take : What measures can accounting firms take to ensure that time budgets do not interfere with the successful completion of an audit or become dysfunctional.
Pv and pmt function to solve for annual deposit : Use all the three methods (1) Solver, (2) Goal Seek, and (3) PV and PMT function to solve for annual deposit.

Reviews

Write a Review

Accounting Basics Questions & Answers

  What was the dollar price of the bond what is the bonds

suppose that the financial management corporations 1000 par-value bond had a 5.700 coupon matured on may 15 2017 had a

  Determining activity base for assembly

Shubelik Company is changing to an activity-based costing method. They have determined that they will use three cost pools. They are set-ups, inspections, and assembly. Which of the following would be used as the activity base for assembly?

  Prepare lazaro entry to record the repossession

Lazaro Inc. sells goods on the installment basis and uses the installment-sales method. Due to a customer default, Lazaro repossessed merchandise.

  Amount of cash payments for income tax

If income tax expense for the current year was $46,000 and income tax payable decreased by $5,200 during the year, what was the amount of cash payments for income tax?

  A company sells computers at a selling price of 1800 each

a company sells computers at a selling price of 1800 each. each computer has a 2-year warranty that covers replacement

  Prepare a cost of goods sold section for year ending

Sales Returns and Allowances $3,000; Freight-out $1,000; and Purchase Returns and Allowances $2,000.The ending merchandise inventory is $25,000. Prepare a cost of goods sold section for the year ending August 31 (periodic inventory).

  Calculate the dollar amount of each type of service

Calculate the dollar amount of each type of service that the company must provide in order to break even

  Calculate break-even time for the new product

Calculate break-even time for the new product, Rochester Rockets Ltd. plans to introduce a new model of hobby rocket

  Provide the journal entry to record issuance of the bonds

On January 2, 2006, Picard Enterprises issued $2,400,000 of 8 percent, Provide the journal entry to record issuance of the bonds

  How much total sales are necessary to break even

Garcia inc has total fixed costs of $160,000 and a contribution margin ratio of 20%. How much total sales are necessary to break even

  Suppose there is a well-financed one-year-old company in

suppose there is a well-financed one-year-old company in biotech industry that is concentrating on developing

  What amount of payroll department costs will be allocated

Medusa Company allocates costs from the payroll department and What amount of the payroll department costs will be allocated to the molding department

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