1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
sertanlavr [38]
3 years ago
15

A product's standard cost card specifies that a unit of the product requires 4 direct labor-hours. During September, 3,350 units

were made, which was 150 units less than budgeted. The total budgeted direct labor cost for September was $117,600. The direct labor cost incurred during September was $111,850 and 13,450 direct labor-hours were worked. The direct labor efficiency variance for the month was O 1) S415.80 U O 2) $420.00 F 3) $420.00 U O4) $415.80 F Save
Business
2 answers:
Ierofanga [76]3 years ago
8 0

Answer:

labor efficiency variance = 420 F

so correct option is 2) $420.00 F

Explanation:

given data

product requires = 4 direct labor-hours

unit made = 3,350 units

less than budgeted = 150 units

total budgeted direct labor cost = $117,600

direct labor cost incurred = $111,850

worked = 13,450 direct labor-hours

to find out

direct labor efficiency variance for the month

solution

we get Standard hours that is express as

Standard hours = actual unit produced  × standard labor hour per unit  .................1

put here value

Standard hours = 3350 × 4

Standard hours = 13400

and

standard rate = total budgeted labor cost  ÷ standard units × standard labor hours per unit   ......................2

put here value

standard rate = \frac{117,600}{3500*4}

standard rate = 8.4

so labor efficiency variance  will be

labor efficiency variance  = actual hours - standard hours × standard rate   .................3

put here value

labor efficiency variance  = 13450  - 13400 × 8.4

labor efficiency variance = 420 F

so correct option is 2) $420.00 F

umka2103 [35]3 years ago
7 0

Answer:

option (2) $420.00 F

Explanation:

Data provided in the question:

standard direct labor-hours required = 4

Actual units made = 3,350

Budgeted units = 3,350 + 150 = 3,500

Budgeted direct labor cost = $117,600

Direct labor cost incurred = $111,850

Direct labor-hours worked = 13,450

Now,

Labor efficiency variance = (Actual hours - standard hours) × standard rate

also,

Standard rate

= Budgeted direct labor cost ÷ ( direct labor-hours required × Budgeted units )

= $117,600 ÷ ( 4 × 3500 )

= $8.4

Thus,

Labor efficiency variance = [ 13,450 - (4 × 3,350) ] × $8.4

= $420     [positive answer mean Favorable ]

Hence,

The correct answer is option (2) $420.00 F

You might be interested in
kayo initiates and encourages innovation, fixes unforeseen problems, sets priorities about the use of resources, and works with
aleksandr82 [10.1K]

Kayo initiates and encourages innovation, fixes unforeseen problems, sets priorities about the use of resources, and works with others to accomplish organizational goals. together, these responsibilities comprise a decisional type of managerial role.

<h3>What is the Decisional managerial role?</h3>

Decisional roles are defined as managerial roles where managers are responsible for making calculated and timely decisions for the company's welfare.

To know more about the Decisional managerial role go to the given link:brainly.com/question/14529237

#SPJ4

8 0
2 years ago
The reference section of scholarly articles often get ignored; not good. Which one of the following is a good reason to not only
GREYUIT [131]

A good reason why it is important not just to read but to also reference things appropriately would be to avoid the issues of plagiarism.

<h3>What does it mean to reference a work?</h3>

This is the term that is used to refer to the fact that a work has been accredited to the rightful people that own. When someone is writing, they may list several ideas from an outside sources, it is advised to reference the people that own the work that has been used in this writing.

Hence we can say that a good reason why it is important not just to read but to also reference things appropriately would be to avoid the issues of plagiarism.

Read more on scholarly articles here: brainly.com/question/18754197

#SPJ1

5 0
1 year ago
Janelle likes to keep all her savings goals separate, so she has an account for each one, including an account to save for her c
Alexxx [7]

Answer:

Yea janelle like to keep all her savings good for her

Explanation:

5 0
3 years ago
Marvin Gaye's song "Gotta Give It Up" was protected by ___________ .
monitta

Answer:

d. not selected option d copyright

6 0
3 years ago
Read 2 more answers
Assume that you are a consultant to Lotte Inc., and you have been provided with the following data: D1 = $0.67; P0 = $27.50; and
Eduardwww [97]

The cost of equity from retained earnings based on the DCF approach=9.44%

Explanation:

  • The cost of equity from retained earnings based on the DCF approach can be calculated as follows,
  • For D1  = $0.67
  • For P0 = $27.50
  • For  g = 7.00%
  • Therefore, rs = \frac{D1}{PO} + g
  • The answer is =9.44%

8 0
3 years ago
Other questions:
  • What gemstone is the most expensive per carat
    11·1 answer
  • Mary and Kay, Inc., a distributor of cosmetics throughout Florida, is in the process of assembling a cash budget for the first q
    12·1 answer
  • Do you agree with the Container Store’s decision to allow employees access to all kinds of company information except individual
    9·1 answer
  • How are resources allocated in a traditional economy?
    14·2 answers
  • What are two examples of Secondary or non-core activities?
    13·1 answer
  • When Parker started his business, he knew he had to keep costs to a minimum and he worried about taxes. He planned to build and
    9·1 answer
  • Meaning of creative thinking​
    11·2 answers
  • Consumer wealth is defined as the total value of ______. Multiple choice question. assets minus the total value of liabilities a
    15·1 answer
  • The minimum selling price that should be acceptable in a special order situation is equal to total Select one: a. production cos
    10·1 answer
  • Describe how the specific practices of bronson methodist hospital in the opening performance exellence.
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!