A favorable efficiency variance for direct manufacturing labor indicates that: a. less direct manufacturing labor-hours were used during production than planned for actual output b. a lower wage rate than planned was paid for direct labor c. a higher wage rate than planned was paid for direct labor d. more direct manufacturing labor-hours were used during production than planned for actual output
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “A favorable efficiency variance for direct manufacturing labor indicates that: a. less direct manufacturing labor-hours were used during ...” 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
Finish Co. uses the allowance method to account for bad debts. At the end of 2010, Finish Co.'s unadjusted trial balance shows an accounts receivable balance of $30,000; allowance for doubtful accounts balance of $200 (credit); and sales of $600,000.
Answers (1)
Myles Manufacturing Company's accounting records reflect the following inventories: Dec. 31, 2014 Dec.
Answers (1)
On August 1, Kim Company accepted a 90-day note receivable as payment for services provided to Hsu Company. The terms of the note were $14,000 face value and 6% interest.
Answers (1)
Lucas spends $83.42 in additional interest and charges on monthly payments as the result of a prior bankruptcy. If Lucas been able to save this money for the year and then put it into a savings account earning 1.
Answers (1)
You have a $56,000 portfolio consisting of Intel, GE, and Con Edison. You put $22,400 in Intel, $14,400 in GE, and the rest in Con Edison. Intel, GE, and Con Edison have betas of 1.3, 1, and. 8, respectively. What is your portfolio beta?
Answers (1)
New Questions in Business
A firm has hired you as a consultant. This firm is perfectly competitive and has no control over price. This firm is selling 10,000 units at a price of $2. Total costs are $30,000. Total variable costs are $25,000.
Answers (1)
Stock in 1999 your parents bought $3000 worth of stock. in 2000 the value of the stock jumped to $6000. however since that time, the stock has decreased in value by 6.5% per year.
Answers (1)
True or False: When a country is too small to affect the world price, allowing free trade will have a non-negative effect on total surplus in that country, regardless of whether it imports or exports as a result of international trade. True False
Answers (1)
Assume Canada can either produce three bushels of barley or six bushels of hay in a set period of time, and China can produce either two bushels of barley or three bushels of hay in a set period of time.
Answers (1)
The financial statements for Harold Corporation contained the following information: Accounts receivable $ 5,000 Sales revenue 75,000 Cash 15,000 Salaries and wages expense 20,000 Rent expense 10,000 How much was Harold's net income?
Answers (1)