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

Question

1 Approved Answer

Janice Company uses the standard cost system. The following information on its direct labor costs are provided. Standard direct labor hours 75,000 Actual direct labor

image text in transcribed
Janice Company uses the standard cost system. The following information on its direct labor costs are provided. Standard direct labor hours 75,000 Actual direct labor hours 72,500 Direct labor efficiency variance (favorable) P10,000 Direct labor rate variance (favorable) 14,500 Total payroll 275,500 13. What is Janice Company's actual direct labor rate? a. P0.20 b. P4.00 c. P3.60 d. P3.80

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

Managerial Accounting

Managerial Accounting

Authors: Charles E. Davis, Elizabeth Davis

2nd edition

1118548639, 9781118800713, 1118338448, 9781118548639, 1118800710, 978-1118338445

More Books

Students also viewed these Accounting questions

Question

★★★★★
Let X and Y be independent random variables with X = 2, X = 1, Y = 2, and Y = 3. Find the means and variances of the following quantities. a. 3X b. X + Y c. X Y d. 2X + 6Y

Answered: 1 week ago

Question

★★★★★
Explain how to reward individual and team performance.

Answered: 1 week ago

Question

★★★★★
Distinguish between horizontal and vertical partitioning of applications.

Answered: 1 week ago

Question

★★★★★
Kidman & Associates is a law firm specializing in labor relations and employee-related work. It employs 30 professionals (5 partners and 25 associates) who work directly with its clients. The average...

Answered: 1 week ago

Question

★★★★★
Janice Company uses the standard cost system. The following information on its direct labor costs are provided. Standard direct labor hours 75,000 Actual direct labor hours 72,500 Direct labor...

Answered: 1 week ago

Question

★★★★★
Dake Corporation's relevant range of activity is 2,000 units to 6,000 units. When it produces and sells 4,000 units, its average costs per unit are as follows Average Cost per Direct materials Direct...

Answered: 1 week ago

Question

★★★★★
The cross-section of an aeroplane elevator is shown below. If the elevator is 2 m long constructed from aluminium alloy with G = 30 GN/m, calculate the total angle of twist of the section and the...

Answered: 1 week ago

Question

★★★★★
Maruti Suzuki Drives Business Growth on a Full Oracle Stack Youtube video: In regards to Business Intelligence effects on Maruti Suzuki, answer the following questions: 1.) What were the business...

Answered: 1 week ago

Question

★★★★★
Saved On January 1, 2024, the Mason Manufacturing Company began construction of a building to be used as its office headquarters. building was completed on September 30, 2025. Expenditures on the...

Answered: 1 week ago

Question

★★★★★
Comet Halley is an irregularly-shaped comet which is visible from Earth every 75-76 years. For the purposes of this question, we will assume that the comet is spherical. a) Taking the diameter of the...

Answered: 1 week ago

Question

★★★★★
Xerox 2300 Copier The DESKTOP XEROX 2300 copier is a versatile model that delivers the first copy in six seconds. It is also the lowest-priced newest Xerox copier available. The 2300 is designed as a...

Answered: 1 week ago

Question

★★★★★
Explain why the following paragraph would be ineffective as the opening paragraph of a letter to Dawn trying to persuade her to take on the reponsibility of membership committee chair for the...

Answered: 1 week ago

Question

★★★★★
Write a persuasive article for your school newspaper convincing students to participate in the upcoming election of officers for the Associated Student Government. Provide appropriate details in the...

Answered: 1 week ago

Question

★★★★★
What organizational plan is most effective for persuasive messages? What are the four basic elements of this plan? (Objective 3)

Answered: 1 week ago

Previous Question Next Question