Determine the direct labour efficiency variance

Assignment Help Accounting Basics
Reference no: EM132716274

Question: Twister Pty Ltd has set direct labour standards of 3 hours per unit and $5 per hour. During the month 2,900 hours at a total cost of $17,400 were used to produce 1,000 units. Determine the direct labour efficiency variance. The response must be typed, double spaced, times new roman, font size 12 and must follow APA format.

Reference no: EM132716274

Questions Cloud

Ratio analysis important to firms and investors : Why is it important to know a firm's accounting rules before making any conclusions about its performance from ratios analysis and why are ratio analysis
Which account could find the false dangling debit : If sales and income were overstated by recording a false credit sale at the end of the year, in which account could you find the false "dangling debit"?
Ethical considerations associated with managing donor : Analyze and explain the ethical considerations associated with managing donor information.
What would be its approximate value after the split : If Kinmi's stock price had been $49 at the time of the split, what would be its approximate value after the split (other things equal)?
Determine the direct labour efficiency variance : Twister Pty Ltd has set direct labour standards of 3 hours per unit and $5 per hour. During the month 2,900 hours at a total cost of $17,400 were used.
Which of conditions auditors should especially notice : When auditing with fraud awareness, auditors should especially notice and follow up employee activities under which of these conditions?
What could be an indicator of a fraud opportunity : What could be an indicator of a fraud opportunity? She has been noticing that the inventory of wine is decreasing and bottles often go missing
Evaluates the design and implementation of a contro : What is involved when an auditor evaluates the design and implementation of a control? Per CAS 315, the auditor is required to evaluate the design
Which of controls represents a preventive control : A printing company, implemented the following controls over its procurement and inventory process. Which of these controls represents a preventive control?

Reviews

Write a Review

Accounting Basics Questions & Answers

  Explain what changes should be made to clearvoices

clear voice company a communications equipment manufacturerrecently fell victim to a fraud scheme developed by one of

  Assuming that the company uses the perpetual inventory

1.a 60-day 12 note for 10000 dated may 1 is received from a customer on account. the maturity value of the note

  Find the face value using given data

If the price of the second bond is equal to 1.20 times the price of the first bond, find the (common) face value F ? (Round to the nearest thousandth)

  What is the valuation allowance amount

The statutory tax rate is 35%. What is the valuation allowance amount, if any, should the company record at the end of 2019

  Compute the depreciation charge for the year ended

If depreciation is provided at 10% p.a. on the diminishing-balance basis, compute the depreciation charge for the year ended 31 December 2016

  Compute amber net investment income

Compute Amber's net investment income (NII) tax if the tax rate is 3.8% and the threshold is $200,000

  Negative beliefs about african-americans

Jimmy, a therapist, realizes that, based on his upbringing, he has some negative beliefs about African-Americans. Which multicultural competency is he exhibiting?

  Compute the coulters dependent care credit

Compute the Coulters dependent care credit, which should be correct considering the given information

  Journal entry to record the flow of costs

The journal entry to record the flow of costs into Department 2 during the period for direct materials is:

  What you describe involves a comparison

While what you describe involves a comparison, it would not involve two samples of at least 30 observations. There is data on all cars by category.

  Where does paul stand with regard to passive loss

Where does Paul stand with regard to passive loss, and at risk loss, or any passive supspended loss or at risk suspended loss

  Difference between accrual-basis and cash-basis accounting

On numerous occasions, proposals have surfaced to put the federal government on the accrual basis of accounting.

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