Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Sep 06, 2024

Job#305 was budget to require 3.5 hours of labor at $11 per hour. However, it was completed in 3 hours by a person who worked

Job#305 was budget to require 3.5 hours of labor at $11 per hour. However, it was completed in 3 hours by a person who worked for $14 per hour.

Calculate the direct labor rate and efficiency variance for this job.

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

Deciding What To Teach And Test Developing Aligning And Auditing The Curriculum

Authors: Fenwick W. English

1st Edition

0803968329, 978-0803968325

More Books

Students also viewed these Accounting questions

Question

★★★★★

A number of quality management philosophies hold that prevention costs are the most critical quality-related costs. Explain the logic behind this premise.

Answered: 1 week ago

Question

★★★★★

Assume that on July 1, 2010, Big Corp. loaned Little Corp. $12,000 for a period of one year at 6 percent interest. What amount of interest revenue will Big report for 2010? What amount of cash will...

Answered: 1 week ago

Question

★★★★★

5. Think back to the theories of personality that you learned about in the previous chapter. How would these theories account for dissociative identity disorder (DID)?

Answered: 1 week ago

Question

★★★★★

Realtors, Inc., specializes in the sale of residential properties. It earns its revenue by charging a percentage of the sales price. Commissions for sales persons, listing agents, and listing...

Answered: 1 week ago

Question

★★★★★

Veekay Company was organized on November 1 of the previous year. After seven months of start-up losses, management had expected to earn a profit during June, the most recent month. Management was...

Answered: 1 week ago

Question

★★★★★

the cost of constructing a new parking lot at the company office building record as land improvenent building equipment land

Answered: 1 week ago

Question

★★★★★

You have $420 in an account which pays 4.1% compounded annually. If you invest your money for 9 years, then how many dollars of interest will you earn by the end of the term? The amount of interest...

Answered: 1 week ago

Question

★★★★★

Americans are greedy because everybody sues everybody on everything." Do you agree with above statement, and why there are many more liability litigation cases seeking huge amount for damage remedy...

Answered: 1 week ago

Question

★★★★★

You require 4.300 kg prepared carrots for service. The trimming loss for carrots is 14%. What quantity of raw carrots will you require for preparation? Enter your answer to 3 decimal places, e.g....

Answered: 1 week ago

Question

★★★★★

How does the battery from Tesla cars negatively impact the environment? Does Tesla negatively impact the environment at all? If so, how? What could Tesla do to help solve these impacts?

Answered: 1 week ago

Question

★★★★★

United States Motors Inc. (USMI) manufactures automobiles and light trucks and distributes them for sale to consumers through franchised retail outlets. As part of the franchise agreement,...

Answered: 1 week ago

Question

★★★★★

Design a survey feedback intervention program, and use this to promote retention of key organizational personnel. page 445

Answered: 1 week ago

Question

★★★★★

Discuss the significance of process issues such as communication in compensation management. page 474

Answered: 1 week ago

Question

★★★★★

Discuss how pay influences individual employees, and describe three theories that explain the effect of compensation on individuals. page 498

Answered: 1 week ago

Previous Question Next Question