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coldgirl [10]
3 years ago
12

Department M had 2,000 units 40% completed in process at the beginning of June, 12,000 units completed during June, and 1,200 un

its 25% completed at the end of June. What was the number of equivalent units of production for conversion costs for June if the first-in, first-out method is used to cost inventories?
A. 15,200 units
B. 11,200 units
C. 10,000 units
D. 11,500 units
Business
1 answer:
VashaNatasha [74]3 years ago
8 0
Answer is D. 11.500 units
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Answer:

Direct labor rate variance= $69,579 unfavorable

Explanation:

Giving the following information:

Standard labor-hours per unit of output 9.0 hours

Standard labor rate= $15.10 per hour

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Actual total labor cost= $191,880

To calculate the direct labor rate variance, we need to use the following formula:

Direct labor rate variance= (Standard Rate - Actual Rate)*Actual Quantity

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Direct labor rate variance= (15.10 - 23.69)*8,100

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3 years ago
Zander Inc. uses a job-order costing system in which any underapplied or overapplied overhead is closed to cost of goods sold at
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Answer:

Find attached complete question:

The correct option is A,$ 746,200

Explanation:

The total standard costs for the whole items of inventory completed in the month of July is the sum of the beginning balance of inventory plus direct materials costs, direct labor cost as well as manufacturing overhead cost applied.

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3 years ago
Suppose real GDP for a country is $1,200 billion. The GDP price index is 114.6. There are 25 million workers who work 36 hours p
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Answer:

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Explanation:

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labor productivity = GDP ÷ total labor hours

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