User Account

All Pages

Compute the labor and variable overhead price

Assignment Help Accounting Basics
Reference no: EM131788375

Problem -

Actual total direct labor 546,000

Actual hours worked 26,000

Standard labor-hours allowed for actual output (flexible budget) 27,000

Direct labor price variance 19,500 u

Actual variable overhead 132,600

Standard variable overhead rate per standard direct labor-hour 5.25

Variable overhead is applied based on standard direct labor-hours allowed.

Required - Compute the labor and variable overhead price and efficiency variance?

Reference no: EM131788375

Questions Cloud

Should the robinson corporation refund the old issue : The Robinson Corporation has $50 million of bonds outstanding that were issued at a coupon rate of 11¾ percent seven years ago.
Find the regression equation for predicting female students : Find the regression equation for predicting female students from the number of students in a subject area and report it. Interpret the sign of the slope clearly
Prepare a direct labor budget for the second quarter : Electro Company manufactures an innovative automobile transmission for electric cars. Prepare a direct labor budget for the second quarter
Dimensional array elements are two-dimensional arrays : Derive a general address translation formula for b[i ] [j] [k] for a three-dimensional array b whose elements require bytes of memory for storage
Compute the labor and variable overhead price : Standard labor-hours allowed for actual output (flexible budget) 27,000. Compute the labor and variable overhead price and efficiency variance
Conducting the literature review : HI6008 - Choose any topic for conducting the literature review - tudents should propose the Processof the Qualitative Research (Main Steps)
Report the slope and explain what it means : Highway and City The figure shows the relationship between the number of kilometers per liter on the highway and that in the city for some cars.
Discuss the war and atrocity are inseparable : Discuss War and atrocity are inseparabLe. It wiLL be expected that each essay wiLL present a discussion and argument in response to ONE of the above questions.
What was the amount of the translation adjustment : Sinkal's functional currency was the stickle (§). What was the amount of the translation adjustment for 2011

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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