During a period, 17 500 labour hours were worked at a standard cost of 6.50 per hour.

Question:

During a period, 17 500 labour hours were worked at a standard cost of 6.50 per hour. The labour efficiency variance was 7800 favourable. How many standard hours were produced?

image text in transcribed

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Management Accounting For Business Decisions

ISBN: 9781861527707

2nd Edition

Authors: Colin Drury

See More Books

Question Posted: Jun 28, 2024 01:05 AM

See More Questions

Please assist me: Provide answers as well as explanation Q.49. Most suitable basis for apportioning insurance of machine would be: (a) Floor Area (b) Value of Machines (c) No. of Workers (d) No. of...
please guide on this question Q.16. Calculate value of closing stock from the following: Opening stock of finished goods (500 units) : Rs. 2,000 Cost of production (10000 units) : Rs. 50,000 Closing...
please guide on this question Q.10. Sunk costs are: (a) relevant for decision making (b) Not relevant for decision making (c) cost to be incurred in future (d) future costs Q.11. Describe the method...
On January 1, 2018, Rastall Co. signed a long-term finance lease for an office building. The terms of the lease required Rastall to pay $30,000 annually, beginning December 31, 2018, and continuing...
Express your personal philosophy regarding the responsibilities of management, especially human resource managers, for the well- being of employees.
Decide if some older documents may no longer be needed.
Describe how technological changes can affect marketing.
The completed worksheet for Vasquez Corporation as of December 31, 2016, after the company had completed the first month of operation, appears across the tops of pages 146147. INSTRUCTIONS 1. Prepare...
The following are the foreign currency positions of an Fl. expressed in the foreign currency Currency Assets Liabilities FX Bought FX Sold Swiss franc (st) Sf 141,780 Sf 59,160 sf 17,340 ST 22,440...
T plc uses a standard costing system, which is material stock account being maintained at stan- dard costs. The following details have been Which of the following correctly states the material price...
1. Using the data from Problem 13-10, prepare a statement of cash flows. Use the indirect method to report cash flows from operating activities. 2. Interpretive Question: What are the main...
How should countries manage transnational firms that have no real home country, including with tax policies and employment laws?
Complete the "Leadership Vision Questionnaire" in Chapter 7 (p176). Reflect on your results and complete the following prompts: Share the results from your questionnaire. Be sure to include the final...
1. Prepare el Presupuesto Operacional hasta completar el COGS (70 puntos) La empresa ACCO 295 tiene una venta proyectada de $450,000 Cada unidad se vende $450 Su inventario inicial 300 (costo $125)...
Continuing Case 65. Retirement Income Forecast Jamie Lee and Ross, now 57 and still very active, have plenty of time on their hands now that the triplets are away at college. They both realized that...
The partnership of Frick, Wilson, and Clarke has elected to cease all operations and liquidate its business property. A balance sheet drawn up at this time shows the following account balances: Cash...
Harry and Sally went to a large hardware store and told the salesperson they wanted the cheapest rotating clothesline in stock, provided it would bear a heavy load of washing. The salesperson assured...
Several plaintiffs brought actions against Conoco, Inc., claiming that they had been discriminated against on the basis of their race when they attempted to make purchases at three gas stations in...
Describe the general ways that the revised Form 990, applicable for tax year 2008 and beyond, is different from previous versions.
Beginning Inventory $8,000 Purchases during the period $5,000 Cost of Goods Sold $6,000 Purchase Returns $1,000 Purchase Discounts $500 Sales $10,000 What is the Gross Profit
SHOW WORKS PLEASE. HighTech Innovations is a riskier-than-average company, and analysts estimate that its stock has a beta of 2.1. What would be a fair rate of return for HighTechs stock if the...
mistake results from an untrue statement made by one party to the contract. True or False True False

During a period, 17 500 labour hours were worked at a standard cost of 6.50 per hour.

Question:

1200 16300 17 500 18 700 ABCD

Step by Step Answer:

Management Accounting For Business Decisions

Students also viewed these Business questions