Answer:
E. $25,000 unfavorable
Explanation:
The labor efficiency variance shall be calculated using the following formulas:
Labor efficiency variance=((Standard labor hours used to make the actual production
)- (Actual labor hours used to make the actual production))* standard rate per hour
Standard labor hours used to make the actual production=15,000
Actual labor hours used to make the actual production=17,500
standard rate per hour=$10 per hour
Labour efficiency variance=(15,000-17,500)*10
=25,000 unfavourable
So based on the above discussion, the answer shall be E. $25,000 unfavorable
Unincorporated slums on the texas side of the border that have substandard housing
Answer:
Entry: Dr Raw material 81800
Cr Accounts payable 81800
( To record raw material purchased on account)
Entry: Dr Work in process 53600
Cr Raw material 53600
( To record material used in production)
Entry: Dr Work in process ( 19550 *135%= 26392) 26392
Cr Applied factory overhead 26392
(To record applied overhead )
Answer:
D)machine hours
Explanation:
It should be noted that department that is capital-intensive most likely would use a predetermined departmental overhead rate based on
machine hours.
A machine-hour can be regarded as measurement that is been used in applying factory overhead to manufactured goods. It's application is usually found in machine-intensive environments, environment whereby the amount of time that is expelled on processing by a machine is been regarded as largest activity that overhead allocations can be said to have based upon. Machine hour rate can be gotten by making division of the total running expenses of a machine by estimated number of hours for the machine to work at a specific period
Answer:
The correct answer is (b) Dis-economies of scope
Explanation:
Solution
Dis-economics of scope : This refers to a situation when the average cost of production is greater from the shared production of services than the average costs from the preceding independent production of the services.
The vendor here in this case is experiencing Dis-economics of scope.
