What is variance of direct labor efficiency

Assignment Help Accounting Basics

Reference no: EM133923207

Problem

Flex Chairs, Inc. incurred direct labor costs of $ 32,400 in the month of September in the development of a work that required 2,200 standards at the standard rate of $ 15 per hour; 2,700 hours of direct labor were currently worked. Get the instant assignment help. Based on this information, what is variance of direct labor efficiency? Is it a favorable or unfavorable variation?

Reference no: EM133923207

Questions Cloud

What is the degree of operating leverage for company aaa : Company AAA operates with fixed costs of $5 million and lower variable costs. What is the Degree of Operating Leverage for Company AAA?

Fair access to health care moral right : Some consider fair access to health care a moral right, while others disagree. We have defined the term moral right as a privilege to act in some specific

Describe process by which company allocate transaction price : Describe the process by which a company allocates the transaction price. Provide an example of how a company would allocate the transaction price.

Explain how parents best deal with problem behaviors : Explain how parents best deal with problem behaviors with their children. Which consequence is more effective - spanking, time-out, or logical consequences

What is variance of direct labor efficiency : Based on this information, what is variance of direct labor efficiency? Is it a favorable or unfavorable variation?

Identify ten specific risks : Identify Ten Specific Risks (Any facility will have hundreds of risks associated with it - Narrative Regarding Risk Reduction Procedures

Key achievements of roman empire under five good emperors : What are some of the key achievements of the Roman Empire under the "Five Good Emperors"?

How it will affect your long term forecasts : assignment select and explain your price strategy, why you believe it will work, and how it will affect your long term forecasts. Provide an illustration

Calculate the monthly operating income that would result : Calculate the monthly operating income (or loss) that would result from a $1 per unit price increase and a $5,000 per month increase in advertising expenses.

User Account

All Pages