Calculate the quantity labour variances

Assignment Help Managerial Accounting
Reference no: EM132547642

Question 1: Talbot Company's standard labour cost per unit of output is $22.40 (2 hours × $11.20 per hour). During August, the company incurs 3,130 hours of direct labour at an hourly cost of $11.00 per hour in making 1,500 units of finished product. product. Calculate the quantity labour variances.

Reference no: EM132547642

Questions Cloud

What is the inventoriable cost per unit of product : What is the inventoriable cost per unit of product # 101? Ray Smith Company for the month of January:Number of units manufactured95,000
Establishing strategic planning for health care organization : Write a paper that evaluates the difference between leadership and board governance in establishing strategic planning for a health care organization.
Explain the role that water plays : Explain the role that water plays in the chemistry of life and why it is important to sustain life?
What is the function of the chordae tendineae : 1. What are some of the changes that occur in a fetal heart following birth?
Calculate the quantity labour variances : Calculate the quantity labour variances. During August, the company incurs 3,130 hours of direct labour at an hourly cost of $11.00 per hour
Collaborative behavior is essential role of management : Working with organizations to improve the interactions of members and increase productivity through collaborative behavior is an essential role of management.
Increase intake of nutrient : For several decades, milk and cereals have been fortified with vitamin D to help increase intake of this nutrient.
Calculate the operating income before taxes : Fresh Air Products manufactures, Assuming the company uses absorption costing, Calculate the Operating Income before taxes
What amount is recorded on September : Freight charges were $200. Payment for the purchase was made on September 18. What amount is recorded on September

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Manage budgets and financial plans

Explain the budgeting process and its importance to a business, identifying the components of different budgets, forecast estimates for inclusion in the budgets.

  Prepare a retained earnings statement

Prepare a retained earnings statement for the year and Prepare a stockholders' equity section of given case.

  Prepare a master budget for the three-month period

Prepare a master budget for the three-month period.

  Construct the companys direct labor budget

Construct the company's direct labor budget for the upcoming fiscal year, assuming that the direct labor workforce is adjusted each quarter to match the number of hours required to produce the forecasted number of units produced.

  Evaluate the predetermined overhead rate

Evaluate the Predetermined Overhead Rate

  Determine the company''s bid

Determine the company's bid if activity-based costing is used and the bid is based upon full manufacturing cost plus 30 percent.

  Compute the pool rates for the different activities

Complete the schedule to compute the pool rates for the different activities.

  Prepare Company financial statements

Prepare Company financial statements

  Prepare an analysis of terracycles

This individual assignment is based on the TerraCycle Inc.

  Discuss the ethical issues

Discuss the ethical issues

  Political resources in emerging markets

Calculate the GDP in Income Approach  and Expenditure Approach

  Management accounting - ehsan electronics company

A new plant accountant suggested that the company may be able to assign support costs to products more accurately by using an activity based costing system that relies on a separate rate for each manufacturing activity that causes support costs.

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!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd