The standards for product G78V specify 5.6 direct labor-hours per unit at $13.60 per direct labor-hour. Last month 1,750 units of product G78V were produced using 9,850 direct labor-hours at a total direct labor wage cost of $130,220. Required: a. What was the labor rate variance for the month? b. What was the labor efficiency variance for the month?
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “The standards for product G78V specify 5.6 direct labor-hours per unit at $13.60 per direct labor-hour. Last month 1,750 units of product ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
What does the term "elastic" describe?
Answers (1)
Archer Company had an inventory balance of $2,600 on January 1. During the accounting period they made purchases of $11,500. The ending inventory balance was $1,250. If Archer Co.
Answers (1)
Maritime Sail Makers manufactures sails for sailboats. The company has the capacity to produce 37 comma 000 sails per year and is currently producing and selling 30 comma 000 sails per year.
Answers (1)
MC Qu. 95 A job was budgeted to require ... A job was budgeted to require 2 hours of labor per unit at $12.00 per hour. The job consisted of 8,000 units and was completed in 15,000 hours at a total labor cost of $196,200.
Answers (1)
Moreland Clean Company spent $8,000 to produce Product 89, which can be sold as is for $10,000, or processed further incurring additional costs of $3,000 and then be sold for $14,000.
Answers (1)
New Questions in Business
The first step in finding a job is locating job leads. T F
Answers (1)
Karen received 105 total utils from the first 4 sodas she drank. If the marginal utilities of the first, second, and fourth sodas are 35, 28, and 16 respectively, what is the marginal utility of the third soda? a. 16. b. 26. c. 27. d. 105.
Answers (1)
D. L. Jones & Co. recently went public. The firm received $20.80 a share on the re offer ot25.000 shares. Keeser & Co. served as the underwriter and sold 23,700 shares to the public at an offer price of $22 a share.
Answers (1)
Casper and cecile are divorced this year. as part of the divorce settlement, casper transferred stock to cecile. casper purchased the stock for $25,000, and it had a market value of $43,000 on the date of the transfer.
Answers (1)
Marta is 52 years of age and expects to retire from her current employer at age 65. Marta's employer contributes $2,000 to a qualified retirement plan for Marta's benefit in the current year. How will Marta's employer treat the contribution?
Answers (1)