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

Question

1 Approved Answer

please help! Annie's Homemade's cost formula for salaries and wages includes managers' salaries of $7,000 per month plus wages of $8.00 per employee labor-hour. In

please help!
image text in transcribed
Annie's Homemade's cost formula for salaries and wages includes managers' salaries of $7,000 per month plus wages of $8.00 per employee labor-hour. In August, Annie's expected to staff 700 employee labor-hours, but actually staffed 780 labor-hours. Its actual salaries and wages paid in August was $13,340. Required: Calculate the salaries and wages spending variance for August

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

Cost management a strategic approach

Cost management a strategic approach

Authors: Edward J. Blocher, David E. Stout, Gary Cokins

5th edition

73526940, 978-0073526942

More Books

Students also viewed these Accounting questions

Question

★★★★★
Test the hypothesis at the = 0.05 level of signicance, using (a) the classical approach and (b) the P-value approach. Be sure to verify the requirements of the test. H0: p = 0.6 versus H1: p > 0.6 n...

Answered: 1 week ago

Question

★★★★★
Find the input-output relationship of the RC OP AMP circuit in Figure P636. C R www R w + vo(t) + + vs(t) FIGURE P6-36

Answered: 1 week ago

Question

★★★★★
1. Distinguish between explicit and implicit costs, giving examples of each. What are some explicit and implicit costs of attending college? LO1

Answered: 1 week ago

Question

★★★★★
Terephthalic acid (TPA), a raw material in the manufacture of polyester fiber, film, and soft drink bottles, is synthesized from p-xylene (PX) in the process shown below. A fresh feed of pure liquid...

Answered: 1 week ago

Question

★★★★★
please help! Annie's Homemade's cost formula for salaries and wages includes managers' salaries of $7,000 per month plus wages of $8.00 per employee labor-hour. In August, Annie's expected to staff...

Answered: 1 week ago

Question

★★★★★
monthly payments of $140 ? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. ) Note: It is highly recommended to use Excel (or Google Sheets) or a...

Answered: 1 week ago

Question

★★★★★
How does virtual memory allow programs to use more memory than physically available RAM?

Answered: 1 week ago

Question

★★★★★
How have social organizations, such as Black Lives Matter, affected change in the government's handling of police misconduct? Do you think that government authority is responsive enough to social...

Answered: 1 week ago

Question

★★★★★
UIUC Gies College of Business ACCY 451: Advanced Income Tax Problems Spring 2024 Graduate Case #1 Due Wednesday, March 6th 11:59 pm via Canvas 50 points June Cash, a shareholder in the family...

Answered: 1 week ago

Question

★★★★★
FullStack Java interview questions 1)What would you say is your weakest aspect of software development? 2)Tell me what is a Full stack Java developer project you're most proud of ? 3)Follow up as to...

Answered: 1 week ago

Question

★★★★★
Make GUI of Colossal cave adventure game in java You should improve both the games play and its implementation. Some possible enhancements include, but are not limited to, the following: interface...

Answered: 1 week ago

Question

★★★★★
What is the average transaction amount for in-person transactions in Arkansas (AR)?

Answered: 1 week ago

Question

★★★★★
Do most of the borrowers own homes, have a mortgage, or rent?

Answered: 1 week ago

Question

★★★★★
Which period has the most nonvolatile volume of loans, January to June or July to December?

Answered: 1 week ago

Previous Question Next Question