Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Crane Co. produces wooden boxes. The companys standards per box require 6 boards, each costing $11 per board, and half of an hour of direct

Crane Co. produces wooden boxes. The companys standards per box require 6 boards, each costing $11 per board, and half of an hour of direct labour. The standard labour rate is $14 per hour. In August, Crane Co. purchased 11950 boards for a total cost of $123400. It used 11540 boards to manufacture 1970 boxes. Total labour hours were 960 hours, and total labour costs were $16300. What was the total labour variance for August? $2.98 F $2.98 U $2510 F $2510 U

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored 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

Recommended Textbook for

Sound Investing, Chapter 11 - Crafty Comprehensive Income

Authors: Kate Mooney

1st Edition

0071719334, 9780071719339

More Books

Students also viewed these Accounting questions

Question

2 What participation techniques are used?

Answered: 1 week ago