he following data relate to direct labor costs for the current period Standard costs 7,300 hours at $11 10 Actual costs 6,200 hours at $10 40 What is the direct labor rate variance a $16,550 unfavorable b $4,340 favorable c $16,550 favorable d $12,210 favorable

The Answer is in the image, click to view ...

Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Aug 28, 2024

he following data relate to direct labor costs for the current period: Standard costs 7,300 hours at $11.10 Actual costs 6,200 hours at $10.40 What

he following data relate to direct labor costs for the current period:

Standard costs	7,300 hours at $11.10
Actual costs	6,200 hours at $10.40

What is the direct labor rate variance?

a.$16,550 unfavorable

b.$4,340 favorable

c.$16,550 favorable

d.$12,210 favorable

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

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

Step: 2

Step: 3

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

A Guide To Project Auditing

Authors: Association For Project Management

1st Edition

1903494745, 978-1903494745

More Books

Students also viewed these Accounting questions

Question

★★★★★

Let, Xk k = 1, 2, 3¦ be a sequence of IID Cauchy random variables with and let Sn be the sequence of sample means, (a) Show that also follows a Cauchy distribution. (b) Prove that in this...

Answered: 1 week ago

Question

★★★★★

Use the data from Problem 6-3A and do Part 1 assuming Gale Company uses a periodic inventory costing system. 1. Calculate the dollar value of ending inventory and cost of goods sold using: (a). FIFO...

Answered: 1 week ago

Question

★★★★★

Discuss the appropriate uses of direct instruction, independent work, homework, questioning (particularly authentic questions), feedback, dialogue, and group discussion, and explain how to use...

Answered: 1 week ago

Question

★★★★★

A motorcycle manufacturer is determining its production schedule for the next 6 months. The cost of manufacturing a motorcycle during each month is provided on the worksheet. At the end of each...

Answered: 1 week ago

Question

★★★★★

One of managements' primary concerns is the return rate (as percentage of volume) associated with the Zinsser machine. What would be the NPV if the return rate remained at 1.5% instead of dropping to...

Answered: 1 week ago

Question

★★★★★

Title Page - Give your project an appealing title (5 pts) Table of Contents - (5 pts) Introduction and background - provide an overview of the project and highlight its significance (10 pts) Problem...

Answered: 1 week ago

Question

★★★★★

Imagine that you are an innovation consultant. You are facing the task of helping enhance the STARBUCK Coffe Company innovation activities through open and collaborative innovation.b.Suggest some...

Answered: 1 week ago

Question

★★★★★

Case- Code Red- Healthcare.gov SETTING THE STAGE .... What is healthcare.gov and what was the issue? THE DASHBOARD .... What did it look like? Why is it important? How healthy was it? The ROLLOUT...

Answered: 1 week ago

Question

★★★★★

You are the manager of a busy insurance office. Last year's abnormal winter gales led to an exceptionally high level of insurance claims for house damage caused by strong winds, and you had...

Answered: 1 week ago

Question

★★★★★

Source - https://timesofindia.indiatimes.com/nri/us-canada-news/top-south-african-indian-origin-businessmanarrested-for-gupta-linked-fraud-and-corruption/articleshow/83217574.cms) Question 3 (25...

Answered: 1 week ago

Question

★★★★★

- Explain customer service (key term of customer service) at a Five-Star Hotel in general. - The situation's current link (why) and Find the problems (how the five-star react in detail and what is...

Answered: 1 week ago

Question

★★★★★

9. Are there consequences for colleagues who engage in demeaning or prejudicial behavior toward others?

Answered: 1 week ago

Question

★★★★★

13. Develop a detailed action plan to achieve this vision, and make commitments for particular actions necessary to bring your vision to fruition.

Answered: 1 week ago

Question

★★★★★

1. Do others see you acting comfortable around colleagues with nontraditional demographics (i.e., age, education, ethnicity, gender, race)?

Answered: 1 week ago

Previous Question Next Question