Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

n d of 0.30 hours per al change. Oxide Oil performs oil changes. The standard wage rate for all change technicians is $10 per hour

image text in transcribed
image text in transcribed
n d of 0.30 hours per al change. Oxide Oil performs oil changes. The standard wage rate for all change technicians is $10 per hour By analyzing is In July 1,700 changes were performed at Oxide Oil Oil change technicians worked a total of 275 direct labor hours a records of time spent on oil changes, the company has developed a v erage rate of $15 per hour Read the requirements Requirement 1. Calculate the direct labore variante Determine the formula for the role on the compute the cent, the round the final variance amount to the nearest whole positive number the variance fo r favor Erre variance for the director Abbreviations d e the labor the p u b b lewrance as Requirement 2. Calculate the direct labor efficiency variance Determine the formula for the e ncy variance, the compute the efficiency wariance for the direct or the nearest can then round the variance amount to the whole Abbreviations used Shepard Industries produced 4.000 ta st month. The standard mandingowa MOH) by the company is $24 per machine hour. Each 3 machine hous e housesh were 1.170, and the actualib MOH ast month was $22.00 Requirements 1. the w 2. Calculate the b ord o doficiency was Requirement 1. Caithe aboverheada ce Begin by determining the formula for the variable overhead and then computer amount to the nearest whole dollar Label a ncestoro v dance w the h o Variable overhe rate variance Requirement 2. Calculate the variable overhead officiency wariance Begin by determining the formula for the variable overhead efficiency wance then compute the variable verd warance amount to the nearest whole dollar Labele variance as favorable Flo o b e ncy wariance the nywane

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

Students also viewed these Accounting questions

Question

Describe the patterns of business communication.

Answered: 1 week ago

Question

3. Provide two explanations for the effects of mass media

Answered: 1 week ago