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
Colt1911 [192]
3 years ago
14

Mochel Company employs a standard cost system in which direct materials inventory is carried at standard cost. The company has e

stablished the following standard for the direct labor costs of one unit of product:
Standard Hours Standard Rate Standard Cost
1.3 hours $23.00/hour $29.90

The total factory wages for June were $1,316,000, 80 percent of which were for direct labor. The company manufactured 35,000 units of product during June using 44,800 direct labor hours.The direct labor efficiency variance for June is: __________
Business
1 answer:
oee [108]3 years ago
3 0

Answer:

$16,100 favorable

Explanation:

The computation of the direct labor efficiency variance for June is shown below:

= Standard rate × (standard hours - actual hours)

= $23 × (1.3 × 35,000 - 44,800)

= $16,100 favorable

hence, the direct labor efficiency variance for June is $16,100 favorable

The same should be considered and relevant

You might be interested in
Which career pathways require arm and hand steadiness as a qualification?
Zanzabum

Answer:

C.

Explanation:

Therapeutics, Support Services, and Diagnostics

7 0
3 years ago
Even though local newspapers are very inexpensive, people rarely buy more than one of them each day. This fact:
Brilliant_brown [7]

Answer:

D. implies that, for most people, the marginal benefit of reading a second newspaper is less than the marginal cost

Explanation:

When marginal cost is greater than marginal benefit ,There's inefficiency. It is better for the consumer to stop consumption at this point.

I hope my answer helps you

4 0
3 years ago
Don kosec, vp of business services for time warner cable in northeast ohio says that their goal is to increase their sales in th
Alex

e. of course it is a good goal; it meets all of the criteria discussed

This goal meets all the criteria for a SMART goal.

5 0
4 years ago
1. Brooks Agency set up a petty cash fund for $150. At the end of the current period, the fund contained $28 and had the followi
Iteru [2.4K]

Explanation:

The journal entries are as follows:

1. Petty cash A/c Dr $150

              To Cash A/c $150

(Being the establishment of petty cash is recorded)

2.

Entertainment expenses A/c Dr $70

Postage expense A/c Dr $30

Printing A/c Dr $22

                    To Petty cash A/c $122

(Being the reimbursement of petty cash fund is recorded)

6 0
4 years ago
How does a high unemployment rate affect the economy
KonstantinChe [14]
Unemployment is the one who has nothing to engage that's particularly job. As far as the high unemployment rate is concerned, it affects the economy highly. First of all it will increase the national debt. Secondly it will again increase recession. It also decreases health service and living standards. The result behind the affection is that unemployed spends less that they are not participating in paying taxes due to lack of job. Then govt ends up borrowing because of low revenue and high spending.
3 0
3 years ago
Other questions:
  • Which of the following is a reason cash flows may differ from accounting income? The total number of units sold will be differen
    11·1 answer
  • Dextra Computing sells merchandise for $20,000 cash on September 30 (cost of merchandise is $12,000). The sales tax law requires
    7·1 answer
  • Using multiple department factory overhead rates instead of a single plantwide factory overhead rate a.results in more accurate
    9·1 answer
  • In 2019, the Creighton Agricultural Products Company used a predetermined manufacturing overhead rate of 150% times direct labor
    5·1 answer
  • John f. kennedy was endorsing – fiscal policy when he declared that lowering the top marginal income tax rate, then at –, would
    5·1 answer
  • Jackpot Mining Company operates a copper mine in central Montana. The company paid $1,150,000 in 2021 for the mining site and sp
    10·1 answer
  • High rates of inflation often result in people spending inordinate amounts of time trying to make transactions and finding ways
    9·1 answer
  • You buy a seven-year bond that has a 5.25% current yield and a 5.25% coupon (paid annually). In one year, promised yields to mat
    5·1 answer
  • The Jacob Corporation acquired land, buildings, and equipment from a bankrupt company at a lump-sum price of $500,000. At the ti
    9·1 answer
  • The purposes of managerial accounting are to provide useful information to aid in?
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!