I need q 4 and 5 please:)

After evaluating Null Company’s manufacturing process, management decides to establish standards of 2 hours of direct labor per

Arisa [49]

Answer:

Explanation:

The computation is shown below:

For October month:

The computation of the direct labor price variance is shown below:

= Actual Hours × (Actual rate - standard rate)

= 11,500 × ($180,550 ÷ 11,500 hours - $15.50 per hour)

= 11,500 × ($15.70 - $15.50)

= $2,300 unfavorable

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

= Standard Rate × (Actual hours - Standard hours)

= $15.50 per hour × (11,500 hours - 6,100 units × 2 hours)

= $15.50 per hour × 700 hours

= $10,850 favorable

The computation of the total direct labor cost variance is shown below:

= Direct labor rate variance + direct labor efficiency variance

= $2,300 unfavorable + $10,850 favorable

= $8,550 favorable

For November month:

The computation of the direct labor price variance is shown below:

= Actual Hours × (Actual rate - standard rate)

= 22,500 × ($355,500 ÷ 22,500 hours - $15.50 per hour)

= 22,500 × ($15.80 - $15.50)

= $6,750 unfavorable

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

= Standard Rate × (Actual hours - Standard hours)

= $15.50 per hour × (22,500 hours - 6,500 units × 2 hours)

= $15.50 per hour × 9,500 hours

= $147,250 favorable

The computation of the total direct labor cost variance is shown below:

= Direct labor rate variance + direct labor efficiency variance

= $6,750 unfavorable + $147,250 favorable

= $140,500 favorable

3 0

3 years ago

Nautical has two classes of stock authorized: $10 par preferred, and $1 par value common. As of the beginning of 2018, 150 share

amid [387]

Answer and Explanation:

The journal entries are shown below:

On Mar 1

Cash (2,200 × $17) $37,400

To Common Stock (2,200 × $1) $2,200

To Paid in capital in excess of par - Common stock (2,200 × $16) $35,200

(Being the issuance of the common stock is recorded)

On April 1

Cash (150 × $32) $4,800

To Preferred stock (150 × $10) $1,500

To Paid in capital in excess of par - Preferred stock (150 × $22) $3,300

(Being the issuance of the preferred stock is recorded)

O Jun 1

Dividends $2,820

Dividends payable $2,820

(Being the dividends declared is recorded)

On June 30

Dividends payable $2,820

To Cash $2,820

(Being the dividends paid is recorded)

On Aug 1

Treasury stock (250 × $14) $3,500

To Cash $3,500

(Being the treasury stock is recorded)

On Oct 1

Cash (150 × $16) $2,400

To Treasury stock (150 × $14) $2,100

To Paid in capital in excess of par -Treasury stock (150 × $2) $300

(Being the reissue of treasury stock is recorded)

The computation of the dividend is shown below:

For common stock

= (2,200 + 2,200) × $0.60

= 4,400 × $0.60

= $2,640

For preferred stock

= (150 + 150) × $0.60

= $180

Total dividends is

= $2,640 +$180

= $2,820

4 0

4 years ago

The company produced 4,000 units of P59G. Direct materials cost $7.30 per unit and direct labor costs $5.45 per unit. How much o

uranmaximum [27]

Explanation:

Ggxhhgxhxgchhxigciyytf is a great tool for a beginner and a beginner to 30 and the beanstalk movie has a lot of fun with it and it is very a very great place to play for free a little time and time consuming to do it to make the most of most enjoyment for the shipment to the highest possible price and

3 0

2 years ago

An African company uses a part of the profits made from the sale of its products to develop and market a portable water purifier

Diano4ka-milaya [45]

Answer:

a. It is serving the bottom of the pyramid.

Explanation:

By serving the bottom of the pyramid (impoverished community), the company is giving back to the community.

The water purifiers are cheap when mass-produced, so by partnering with people from this region they will be able to effectively distribute the incentive.

Also this is an avenue for the indegenes to earn income as commission.

7 0

3 years ago

Which of these organizational patterns does not benefit from the use of "signposts" in your document? a. comparison and contrast

Lunna [17]

Its a dude i know this for a fact if you get this rong itshouoldnt

4 0

3 years ago