FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!
Question
1 Approved Answer

The standard direct labour specification for one of HG Ltd's products is 5 hours @ 8 per hour; last month, 6,000 units were produced, giving

The standard direct labour specification for one of HG Ltd's products is 5 hours @ 8 per hour; last month, 6,000 units were produced, giving rise to labour efficiency and rate variances of 16,000F and 14,000A respectively. What was the actual direct labour rate per hour during the month? (To nearest 0.50) A. 8.00 B. 8.50 C. 7.50 D. 7.00

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

Be Financially Free How To Become Salary Independent In Today S Economy
Be Financially Free How To Become Salary Independent In Today S Economy

Authors: Morten Strange

1st Edition

9789814751377

More Books

Students explore these related Accounting questions

Question

How are income dividends, capital gains distributions, and capital gains reported on your federal tax return?

Answered: 3 weeks ago

Question

d(CO)/d(t) = (a+b*sin(pi*t/6)+F-v0*CO)/V # v0 = if(t Answered: 1 week ago

Answered: 3 weeks ago

Question

11. How often have you passed on to others this type of information, which you have filled in yourself? Never, then you should think again.

Answered: 3 weeks ago

Question

Refer to the Auditing in Practice feature, "Professional Skepticism." a. What is professional skepticism? b. Why is professional skepticism necessary to detecting fraud? c. What are the key behaviors...

Answered: 3 weeks ago

Question

The standard direct labour specification for one of HG Ltd's products is 5 hours @ 8 per hour; last month, 6,000 units were produced, giving rise to labour efficiency and rate variances of 16,000F...

Answered: 3 weeks ago

Question

Cash Payback Period, Net Present Value Method, and Analysis Elite Apparel Inc. is considering two investment projects. The estimated net cash flows from each project are as follows: Year Plant...

Answered: 3 weeks ago

Question

If we refer to the four constraints as "Fabricate", "Assemble", "Paint" and "Crate". Which constraints are NOT binding? Paragraph B I U Add a File Record Audio + Question 16 (3 points) Listen After...

Answered: 3 weeks ago

Question

4. (20 points) Suppose you have a six-sided die: . One face is printed with the number 1. Two faces are printed with the number 2. Three faces are printed with the number 3. You also have 3 coins:...

Answered: 3 weeks ago

Question

In the Customer Information window, which tab can you use to enter a Tax Resale number for the Customer? A Payments. B Additional info. C Addresses. D Notes and attachment

Answered: 3 weeks ago

Question

What type of stress primarily occurs on the spine during a back squat? Tension Compression O Torsion O Shear Bending

Answered: 3 weeks ago

Question

A Scrum Master is frustrated that her team finds no value during Iteration retrospectives, and the team has asked that she cancel all future ones. Which two specific anti-patterns are most likely...

Answered: 3 weeks ago

Question

Consider your own personal opinions about ethical speaking. Would you add anything to the four principles noted here? If so, what characteristics would you cite?

Answered: 3 weeks ago

Question

3 Imagine that as the instructor or publisher, it is your responsibility to respond to an instance of plagiarism. How would you handle the situation?

Answered: 3 weeks ago

Question

Organizing Your Speech Points

Answered: 3 weeks ago

Previous Question Next Question