Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Joe Malay received the following report on the Division's operation for the month of August: Direct labor rate variance = $32,000 unfavorable; Direct labor efficiency

Joe Malay received the following report on the Division's operation for the month of August: Direct labor rate variance = $32,000 unfavorable; Direct labor efficiency variance = $64,000 (?). The standard calls for 2 direct labor hours per unit of output at $20 per labor hour (SP). The standard direct labor hours allowed for the units manufactured (SQ) is 20 percent more than the total direct labor hours worked (AQ) in August.

What was the average direct labor hourly rate (AP) the Division paid in August, to two decimal places?

  • $27.00.
  • $18.00.
  • $22.00.
  • $23.25.
  • $29.00.

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_2

Step: 3

blur-text-image_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

Introduction To Financial Accounting

Authors: Charles T Horngren, John A Elliott

9th Edition

0131479725, 978-0131479722

More Books

Students also viewed these Accounting questions

Question

Claim: 1 Answered: 1 week ago

Answered: 1 week ago

Question

Why are international organizations limited in their effectiveness?

Answered: 1 week ago

Question

=+a) Is this an experimental or observational study? Explain.

Answered: 1 week ago

Question

what are the cons of hyper - V ?

Answered: 1 week ago

Question

Annoyance about a statement that has been made by somebody

Answered: 1 week ago