Bowie Sporting Goods manufactures sleeping bags. The manufacturing standards per sleeping bag, based on 5,000 sleeping bags per month, are as follows:<\/p>
Direct material of 5.00 yards at $5.20 per yard<\/p>
Direct labor of 2.50 hours at $19.00 per hour<\/p>
Overhead applied per sleeping bag at $17.00<\/p>
In the month of April, the company actually produced 5,200 sleeping bags using 27,300 yards of material at a cost of $6.10 per yard. The labor used was 11,700 hours at an average rate of $18.50 per hour. The actual overhead spending was $96,200.<\/p>
Determine the labor rate variance and round to the nearest whole dollar. Enter a favorable variance as a positive number. Enter an unfavorable variance as a negative number. Enter as a whole number (no cents).<\/p>", "transcribed_text": "", "related_book": { "title": "Global Strategy", "isbn": "0357512367, 978-0357512364", "edition": "5th Edition", "authors": "Mike W. Peng", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/649592eaa157d_32303.jpg", "uri": "\/textbooks\/global-strategy-5th-edition-9780357512364", "see_more_uri": "" }, "free_related_book": { "isbn": "0415648122", "uri": "\/textbooks\/architects-of-the-international-financial-system-1st-edition-978-0415648127-258937", "name": "Architects Of The International Financial System", "edition": "1st Edition" }, "question_posted": "2024-06-28 03:49:13", "see_more_questions_link": "\/study-help\/questions\/business-banking-2021-September-12", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/refer-to-exercise-for-each-plot-the-amounts-of-fertilizer", "description": "Refer to Exercise. For each plot, the amounts of fertilizer were recorded. In Exercise, a. Compute the coefficient of determination. b. Determine the coefficients of the least squares line. c....", "stars": 3 }, { "url": "\/study-help\/psychology\/what-made-you-decide-on-this-subfield-of-psychology-1980587", "description": "What made you decide on this subfield of psychology?", "stars": 3 }, { "url": "\/the-diagonal-stamp-company-which-sells-used", "description": "The Diagonal Stamp Company, which sells used postage stamps to collectors, advertises that its average price has increased from $1 to $5 in the last 5 years. Thus, management states, investors who...", "stars": 3 }, { "url": "\/study-help\/questions\/please-solve-in-excel-showing-all-workformulas-used-not-typed-9842749", "description": "Please solve in EXCEL showing all work\/formulas used. NOT TYPED. Thank you in advance for your help! Will upvote! 1- Given the following information answer the next 2 questions: X Y Variance .02 .01...", "stars": 3 }, { "url": "\/study-help\/questions\/what-is-in-the-cpi-market-basket-question-content-area-2722950", "description": "What is in the CPI market basket? Question content area bottom Part 1 The CPI market basket consists of items that _______ buy and _______. A. all households; the reference base period changes...", "stars": 3 }, { "url": "\/study-help\/questions\/epsilon-inc-has-just-paid-a-dividend-of-3-per-1222286", "description": "Epsilon inc. has just paid a dividend of $3 per share, and it is expected to pay a dividend of $3.15 per share in one year's time. Assuming that required return is 13% and the dividend growth will...", "stars": 3 }, { "url": "\/study-help\/questions\/far-91045-certification-regarding-responsibility-matters-is-a-dod-federal-1223479", "description": "FAR 9.104-5 certification regarding responsibility matters is a DOD federal Acquisition Regulation that addresses the purchasing and disposition of items that are nonconforming. Explain.", "stars": 3 }, { "url": "\/study-help\/questions\/bob-martino-has-a-checking-account-with-a-local-bank-1220108", "description": "Bob Martino has a checking account with a local bank. Under SEC independence rules, which condition would allow him to work on the firm's audit of the bank? The amount of money in his account is not...", "stars": 3 }, { "url": "\/study-help\/questions\/uizlet-mrs-campbell-purchased-a-small-store-at-a-cost-1326856", "description": "uizlet mrs campbell purchased a small store at a cost of $500,000 she then decided to replace the stores roof at a cost of $10,000 according to Mrs campbell's accounting statements in three years the...", "stars": 3 }, { "url": "\/study-help\/questions\/poindexter-received-a-55-on-a-biology-test-1327781", "description": "Poindexter received a 55 on a biology test ( = 50) and a 45 on a philosophy test ( = 50). He is considering whether to ask his two professors to curve the grades using z-scores. Does he want the Sx...", "stars": 3 } ], "next_back_navigation": { "previous": "\/study-help\/questions\/problem-16-the-tax-formula-for-individuals-filing-status-and-4235319", "next": "\/study-help\/questions\/hardaway-fixtures-balance-sheet-at-december-31-2020-included-the-4235321" }, "breadcrumbs": [ { "name": "Study help", "link": "https:\/\/www.solutioninn.com\/study-help\/questions-and-answers" }, { "name": "Business", "link": "https:\/\/www.solutioninn.com\/study-help\/questions-and-answers\/business" }, { "name": "Accounting", "link": "https:\/\/www.solutioninn.com\/study-help\/questions\/business-accounting" }, { "name": "Bowie Sporting Goods manufactures sleeping bags. The manufacturing standards per sleeping bag,", "link": "https:\/\/www.solutioninn.com\/study-help\/questions\/bowie-sporting-goods-manufactures-sleeping-bags-the-manufacturing-standards-per-4235320" } ], "skill_details": { "skill_id": "9", "skill_name": "Accounting", "parent_id": "1" } } } }