Determine the labor price and variance

Assignment Help HR Management
Reference no: EM1341127

Kendra Company's standard labor cost of producing one unit of Product DD is 4 hours at the rate of $14.04 per hour. During August, 40,800 hours of labor are incurred at a cost of $14.16 per hour to produce 10,000 units of Product DD.

-Compute the total labor variance.
-Compute the labor price and variance.
-Repeat the previous question, assuming the standard is 4.2 hours of direct labor at $14.33 per hour.

Reference no: EM1341127

Questions Cloud

Why union membership has dropped and will it continue : Why do you believe the percentage of the workforce that is unionized in the United States has dropped from almost 50% to less than 13%?
Show the effectiveness of osha regulations : Analyze and show the effectiveness of OSHA regulations on protecting the well-being of workers and make at least one recommendation for improvement. Explain your rationale.
Unions and individual employment rights : Do you think unions have been a disincentive for people to know and understand individual employment rights
Evaluate the over or under applied overhead amount : Evaluate the over or under applied overhead amount and variance and describe the implications of your answer to Management of your results
Determine the labor price and variance : Evaluate the total labor variance and determine the labor price and variance.
Labor market analysis for your organization : Explain What are the appropriate tools to use for forecasting, pricing, and labor market analysis for your organization?
Formation of a customs union : Please provide an example of why the formation of a Customs Union cannot be justified on purely economic grounds.
Salary structure and compensation packages : Labor trends for Apple Corporation market: Salary structure and compensation packages
What is the effect of legal and safety : What is the effect of legal, safety, and regulatory requirements on the human resource process as they relate to the following statement

Reviews

Write a Review

 

HR Management Questions & Answers

  Explain the role of portfolio management

Explain the role of portfolio management in the allocation of corporate resources.

  Prepare a list of essential guideposts

Prepare a list of essential guideposts for developing a total compensation policy and In your vision, include statements that can be made public to your customers and employees

  Strategic plan in an organization

Explain the function of the Human Resource Management in organizations? What is the HRM role and responsibilities and What is HRM's role with respect to the strategic plan in an organization

  Groups and teams

Your experience with groups and teams in your organisation.

  Online professor''s response to - management accounting

Show Implication and Application of Management Accounting with Human capital, how it impacts H.R. decision making with Activity Based Costing & Balance Scoreboard

  Times of reorganization and cultural change

What are some of the attributes of an organizations training and development system that should be considered during times of reorganization and cultural change?

  Performance management and rewards

What are the most important concepts you have learned and What would you recommend to your management (NYC Dept. of Education) based on these concepts?

  Diversity-oriented recruiting program

What special measures might be necessary for a successful diversity-oriented recruiting effort and explain the conditions under which realistic job previews are and are not appropriate

  Disadvantages of an overly consultative approach

If engaged as a consultant on organizational/HR issues - how would you specifically advice or coach a manager who had such a tendency?

  Draft financial perspective section of a balanced scorecard

Walmart financial perspective balanced scorecard - Draft a financial perspective section of a balanced scorecard that reflects their initiatives and mission

  Performance appraisal completed by the supervisor

Effective Training: Performance Appraisal Data - To get person analysis data, why not just use the performance appraisal completed by the supervisor?

  What legal precedence the ruling sets for most businesses

Accept things as they are - for Jane Harris - Check the issues in the following case study as it relates to the questions asked below. Please provide references.

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