Listed below is the expected customer demand for the two distinct trailer models that According to information provided by HR, the expected average cost per direct labor hour that Captain's Haul, Inc. should expect to pay direct laborers during the upcoming period is $30.00. Make use of the information you have determined in the previous steps to prepare the company's direct manufacturing labor budget for the month of Novemher 3nxx Standard Labor Hours per Unit Standard Labor Cost per Hour Actual Units Produced \& Sold Actual Labor Hours Used Actual Labor Price per Hour Complete the following charts in order to determine the diret labor price and direct labor efficiency variances the company had for each of its respective trailer models. 12 13 Acrualcoses Actual quantity : actual price 14 15 18 17 18 19 20 21 Acturalcases A.ctual quantiky : actual price 22 23 24 25 26 27 28 Price Variance Direct Labor Variances for Mighty Multi Trailers Price Variance Actual quantity : budgeted price Fles Budger Actual output of units : budgeted quantity r budoeted Record the November 30 th iournal entries to account for the company's cost of labor during November using a standard costing system. In these entries, assume that all actual oost of labor are still owed to employees. Journal Entry to Account for Labor Costs Associated vith the Carry-On Model \begin{tabular}{|l|l|l|} \hline & & \\ \hline & & \\ \hline & & \\ \hline \end{tabular} Journal Entry to Account for Labor Costs Associated vith the Mighty Multi Model \begin{tabular}{|l|l|l|} \hline & & \\ \hline & & \\ \hline \end{tabular} In approximately one hundred words, express your thoughts on Captain's Haul's production during November. This discussion should include analysis of the labor related variances the company experienced during November, reflections on how accurate the predictions made for November ended up being, and adjustments that the company may want to make to the budgeting process for December's budget. Listed below is the expected customer demand for the two distinct trailer models that According to information provided by HR, the expected average cost per direct labor hour that Captain's Haul, Inc. should expect to pay direct laborers during the upcoming period is $30.00. Make use of the information you have determined in the previous steps to prepare the company's direct manufacturing labor budget for the month of Novemher 3nxx Standard Labor Hours per Unit Standard Labor Cost per Hour Actual Units Produced \& Sold Actual Labor Hours Used Actual Labor Price per Hour Complete the following charts in order to determine the diret labor price and direct labor efficiency variances the company had for each of its respective trailer models. 12 13 Acrualcoses Actual quantity : actual price 14 15 18 17 18 19 20 21 Acturalcases A.ctual quantiky : actual price 22 23 24 25 26 27 28 Price Variance Direct Labor Variances for Mighty Multi Trailers Price Variance Actual quantity : budgeted price Fles Budger Actual output of units : budgeted quantity r budoeted Record the November 30 th iournal entries to account for the company's cost of labor during November using a standard costing system. In these entries, assume that all actual oost of labor are still owed to employees. Journal Entry to Account for Labor Costs Associated vith the Carry-On Model \begin{tabular}{|l|l|l|} \hline & & \\ \hline & & \\ \hline & & \\ \hline \end{tabular} Journal Entry to Account for Labor Costs Associated vith the Mighty Multi Model \begin{tabular}{|l|l|l|} \hline & & \\ \hline & & \\ \hline \end{tabular} In approximately one hundred words, express your thoughts on Captain's Haul's production during November. This discussion should include analysis of the labor related variances the company experienced during November, reflections on how accurate the predictions made for November ended up being, and adjustments that the company may want to make to the budgeting process for December's budget
