The standard direct labor cost for producing one unit of

Assignment Help Accounting Basics
Reference no: EM13574838

The standard direct labor cost for producing one unit of product is 6 direct labor hours at a standard rate of pay of $16. Last month, 14,500 units were produced and 71,000 direct labor hours were actually worked at a total cost of $1,010,000. The direct labor quantity variance was?

Reference no: EM13574838

Questions Cloud

If the first payment into the fund occurs today what : anne boleyn will invest 5000 a year for 20 years in a fund that will earn 12 annual interest. if the first payment
Berg company incurs 320000 overhead costs each year in its : berg company incurs 320000 overhead costs each year in its three main departments setup 20000 machining 220000 and
Your need to repay a loan with a future value of 30407100 : your need to repay a loan with a future value of 304071.00 in 18.5 years. if you can make annual year-end deposits of
If you require an effective annual return of 13 percent on : peter lynchpin wants to sell you an investment contract that pays equal 15000 amounts at the end of each of the next
The standard direct labor cost for producing one unit of : the standard direct labor cost for producing one unit of product is 6 direct labor hours at a standard rate of pay of
Today you signed loan papers agreeing to borrow 495485 at 9 : today you signed loan papers agreeing to borrow 4954.85 at 9 compounded monthly. the loan payment is 143.84 a month.
Discuss some of the issues to be aware of in analyzing and : discuss some of the issues to be aware of in analyzing and comparing commercial aviation accident statistics. remember
Johnson company uses flexible budgets at normal capacity of : johnson company uses flexible budgets. at normal capacity of 14000 units budgeted manufacturing overhead is 60000
On january 1 2011 harrison inc acquired 90 percent of starr : on january 1 2011 harrison inc. acquired 90 percent of starr company in exchange for 1125000 fair-value consideration.

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.

  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!

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