What the labor efficiency variance for november is

Assignment Help Managerial Accounting
Reference no: EM132659874

Chhom Corporation makes a product whose direct labor standards are 0.8 hours per unit and $31 per hour. In November the company produced 7,500 units using 5,500 direct labor-hours. The actual direct labor cost was $115,500.

Problem 1: The labor efficiency variance for November is:

Multiple Choice

Option 1: -$70,500. F

Option 2: -$15,500. F

Option 3: -$15,500. U

Option 4: -$70,500. U

Reference no: EM132659874

Questions Cloud

Define the waiver process of transferring a juvenile : There are differences between the juvenile and adult court systems. In this assignment, you will choose a criminal case study of your choice or you may.
Explain dependency theory and globalization theory : Do you think dependency theory and globalization theory are also biased? Why or why not?
Calculate agnes realized and recognized gain : Rod Clooney purchases Agnes Mitchell's sole proprietorship for $990,000 on August 15, 2019. Calculate Agnes realized and recognized gain
Discuss bentham and kant ethical theories : How does Bentham explains how to bring the individual and society together. What is the summum bonum in Kant's theory?
What the labor efficiency variance for november is : What the labor efficiency variance for November is? Chhom Corporation makes a product whose direct labor standards are 0.8 hours per unit and $31 per hour.
Positive and negative aspects of deviance on society : There are several theories on deviance. Throughout this discussion, you will explore two of these theories
What you know about rational choice theory : After learning about "Rational Choice Theory", please discuss the major points of Rational Choice Theory. Apply what you know about rational choice theory.
Would the inclusion of the amount of gain or loss change : Wall-E compactor and assuming that 5 years of useful life remain on the machine. Would the inclusion of the amount of gain or loss change the decision
Examine the related law enforcement agencies and change : Select one to two (1-2) contemporary issues in modern police operations and examine the related law enforcement agencies, change, and efficiency.

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Manage budgets and financial plans

Explain the budgeting process and its importance to a business, identifying the components of different budgets, forecast estimates for inclusion in the budgets.

  Prepare a retained earnings statement

Prepare a retained earnings statement for the year and Prepare a stockholders' equity section of given case.

  Prepare a master budget for the three-month period

Prepare a master budget for the three-month period.

  Construct the companys direct labor budget

Construct the company's direct labor budget for the upcoming fiscal year, assuming that the direct labor workforce is adjusted each quarter to match the number of hours required to produce the forecasted number of units produced.

  Evaluate the predetermined overhead rate

Evaluate the Predetermined Overhead Rate

  Determine the company''s bid

Determine the company's bid if activity-based costing is used and the bid is based upon full manufacturing cost plus 30 percent.

  Compute the pool rates for the different activities

Complete the schedule to compute the pool rates for the different activities.

  Prepare Company financial statements

Prepare Company financial statements

  Prepare an analysis of terracycles

This individual assignment is based on the TerraCycle Inc.

  Discuss the ethical issues

Discuss the ethical issues

  Political resources in emerging markets

Calculate the GDP in Income Approach  and Expenditure Approach

  Management accounting - ehsan electronics company

A new plant accountant suggested that the company may be able to assign support costs to products more accurately by using an activity based costing system that relies on a separate rate for each manufacturing activity that causes support costs.

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