FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

00
1 Approved Answer

Calculate the direct labor quantity variance from the information given below. Standard rate $13 per hour Standard hours 4,300 hours Actual hours 5,000 hours Actual

Calculate the direct labor quantity variance from the information given below.

Standard rate

$13 per hour

Standard hours

4,300 hours

Actual hours

5,000 hours

Actual rate

$11.50 per hour

image text in transcribed

$9,100 unfavorable

image text in transcribed

$15,550 unfavorable

image text in transcribed

$6,450 unfavorable

image text in transcribed

$1,600 favorable

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Accounting questions

Question

4. Give partial credit for partially correct answers.

Answered: 1 week ago

Question

★★★★★
John and Sandy Ferguson got married eight years ago and have a seven-year-old daughter Samantha. In 2017, John worked as a computer technician at a local university earning a salary of $52,000, and...

Answered: 1 week ago

Question

★★★★★
1)An audit is not required for Management accounting. - True - False 2) An asset... A - Always creates economic benefits B - Is an economic resource C - Is something the business owns D - All of the...

Answered: 1 week ago

Question

★★★★★
3. Draw a budget constraint and indifference curves for pizza and Pepsi. Show what happens to the budget constraint and the consumer's optimum when the price of pizza falls. In your diagram,...

Answered: 1 week ago

Question

★★★★★
Blue Lagoon Corporation provides low-cost food delivery services to senior citizens. At the end of the year on December 31 , 2024, the company reports the following amounts: In addition, the company...

Answered: 1 week ago

Question

★★★★★
Jamie Lee Jackson, age 25, a busy full-time student and part-time bakery clerk, has been trying to organize her priorities, including her budget. She has been wondering if she is allocating enough of...

Answered: 1 week ago

Question

★★★★★
Customer Service E-mail You recently paid $250 to Keller & Jenkins for adding a provision in your will to establish a scholarship endowment at your alma mater. While eating lunch in a crowded...

Answered: 1 week ago

Question

★★★★★
1. When a member with a minority interest in an LLC acquires enough ownership interests in the LLC to hold a majority interest: a. a change of ownership occurs b. reassessment of the entire parcel of...

Answered: 1 week ago

Question

★★★★★
13) On December 31, 2023, Vivid Corporation prepared adjusting entries that included the following items: Depreciation expense: $43,400. Accrued sales revenue: $40,600. Accrued expenses: $16,800....

Answered: 1 week ago

Previous Question Next Question