What is the labour efficiency variance for the month

Assignment Help Accounting Basics
Reference no: EM132761542

Question: The following labour standards have been established for a product: Standard labour hours per unit of output 7.5hours Standard labour rate $15.25per hour

The following data pertain to operations concerning the product for the last month: Actual hours worked 9,600hours Actual total labour cost $144,480 Actual units of output 1,200

What is the labour efficiency variance for the month?

Reference no: EM132761542

Questions Cloud

What is the rate of interest on a one year loan : What is the rate of interest on a 1 year loan starting 3 years from now? A 1-year zero coupon bond has a yield to maturity of 1%.
Should try to persuade on economic grounds : Should you try to persuade, on economic grounds, the president to allow other officers to use his current jet before it is replaced by a new jet?
Find how many shares will tgit pizza issue in exchange : How many shares will TGIT Pizza issue in exchange? If you owned 180 shares of TGIT Sausage, what would be the value of your share holdings after the merger?
Find how much present value of defined benefit obligation : Find how much is the present value of the defined benefit obligation on December 31, 20x2? PELLUCID CLEAR Co. agrees to provide lump-sum ?12,000,000
What is the labour efficiency variance for the month : The following labour standards have been established for a product: Standard labour hours per unit of output 7.5hours Standard labour rate $15.25per hour.
Infection for several types of human pathogens : Pick and describe two pathogens that you should expect to see at higher frequency because of this booming mosquito population.
What is the value of a share of bmi : Benchmark Metrics Inc.? (BMI), an? all-equity financed? firm, reported EPS of $4.04 in 2008. Despite the economic? downturn, BMI is confident regarding.
Find what would be ilk component cost of preferred stock : Find What would be ILK's component cost of preferred stock? ILK has preferred stock selling for 97 percent of par that pays an annual coupon of 6 percent.
Incremental cash inflow of proposed credit policy switch : Currently, your firm sells 600 units a month at a price of $100 a unit. You think you can increase your sales by an additional 400 units if you switch to a net.

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