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

Question

1 Approved Answer

The actual cost of direct labor per hour is $14.75. Two and one half standard direct labor hours are allowed per unit of finished goods.

The actual cost of direct labor per hour is $14.75. Two and one half standard direct labor hours are allowed per unit of finished goods. During the current period, 2,400 units were produced using 5,700 direct labor hours. The direct labor efficiency variance is $3,400 favorable. Calculate the standard direct labor rate per hour. A. $14.75 OB. $1.42 OC. $11.33 D. $1.76

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

Accounting

Accounting

Authors: Thomson, South Western

22nd Edition

032464020X, 978-0324640205

More Books

Students also viewed these Accounting questions

Question

★★★★★
The loan department of Your Local Bank uses standard costs to determine the overhead cost of processing loan applications. During the current month, a fire occurred, and the accounting records for...

Answered: 1 week ago

Question

★★★★★
Fill in the blanks. MASM has a useful directive named _ _ _ 1 _ _ _ that takes the place of both PUBLIC and EXTERN. It can be placed in a text file and copied into each program module using the _ _ _...

Answered: 1 week ago

Question

★★★★★
If a study revealed that high self-esteem people were less anxious than low self-esteem people, this would suggest that the correlation between self-esteem and anxiety is (positive/negative).

Answered: 1 week ago

Question

★★★★★
Cortalo, Inc., manufactures riding lawn mowers. Cortalo uses JIT manufacturing and carries in signiï¬cant levels of inventory. Cortalo manufactures everything needed for the riding lawn...

Answered: 1 week ago

Question

★★★★★
The actual cost of direct labor per hour is $14.75. Two and one half standard direct labor hours are allowed per unit of finished goods. During the current period, 2,400 units were produced using...

Answered: 1 week ago

Question

★★★★★
- In the large sample limit ( N), prove that the error of 1-NN classification P[ error Bayes

Answered: 1 week ago

Question

★★★★★
Which product formed from the complete saponification of the following triacylglycerol (shown) with sodium alkali (NaOH) will have the lowest melting point? HC HC-0 HC-0 9 12 15 Select an answer and...

Answered: 1 week ago

Question

★★★★★
you can get the required files from internet, please comment if you need anything else CORPORATE TAX RETURN PROJECT CASE INFORMATION - AC312 General Information Anna West and Zoe Waters each own...

Answered: 1 week ago

Question

★★★★★
Instruction Labels and Amount Descriptions Statement of Cost of Goods Manufactured Instruction Zoo Corporation has the following information for the month of March: $92,000 6,000 Be 8,000 re 25,000...

Answered: 1 week ago

Question

★★★★★
Zoe Corporation has the following information for the month of March: Purchases $92,000 Materials inventory, March 11 6,000 Materials inventory, March 31 8,000 Direct labor 25,000 Factory overhead...

Answered: 1 week ago

Question

★★★★★
1. Use the following information to answer the five questions in the Quiz: The Zoe Corporation has the following information for the month March. Cost of materials placed in production $69,000 Direct...

Answered: 1 week ago

Question

★★★★★
Explain why the choice between 1, 2, 3, 4, 5, 6, 7, and 8 units, or 1000, 2000, 3000, 4000, 5000, 6000, 7000, and 8000 movie tickets, makes no difference in determining elasticity in Table 18.1 .

Answered: 1 week ago

Question

★★★★★
Answer parts a and b, below, on the basis of the following information for a hypothetical economy in year 1: money supply $400 billion; long-term annual growth of potential GDP 3 percent; velocity

Answered: 1 week ago

Question

★★★★★
KEY QUESTION Use an AD-AS graph to demonstrate and explain the price-level and real-output outcome of an anticipated decline in aggregate demand, as viewed by RET economists. (Assume that the economy...

Answered: 1 week ago

Previous Question Next Question