The following direct labor variance analysis was performed for Morris. Requirements 1. Record Morris's direct labor journal

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The following direct labor variance analysis was performed for Morris.

SC X AQ $14.00 per DLH. SC X SQ $14.00 per DLHR AC X AQ $11.00 per DLH. 1,800 DLHP 1,800 DLH. 1,350 DLHP $25,200 $19,800

Requirements
1. Record Morris's direct labor journal entry (use Wages Payable).
2. Explain what management will do with this variance information?

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Horngrens Accounting

ISBN: 978-0134674681

12th edition

Authors: Tracie L. Miller nobles, Brenda L. Mattison, Ella Mae Matsumura

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Question Posted: Feb 12, 2018 10:12 AM

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The following direct labor variance analysis was performed for Morris. Requirements 1. Record Morris's direct labor journal

Question:

SC X AQ $14.00 per DLH. SC X SQ $14.00 per DLHR AC X AQ $11.00 per DLH. 1,800 DLHP 1,800 DLH. 1,350 DLHP $25,200 $19,800 $18,900 Efficiency Variance $6,300 U Cost Variance $5,400 F

Step by Step Answer:

Requirement 1 Date Accounts and Explanation Debit Credit WorkinProcess Inventory 18900 Direct Labor Efficiency Variance 6300 Direct Labor Cost Varianc...View the full answer

Horngrens Accounting

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