Standard hours allowed = 3400*0.40 = 1360 |
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Standard cost allowed = 1360*12 = 16320 |
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Labor spending variance = 16320-16900 = 580 U |
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Labor Rate Variance = (SR-AR) *AH = (12-13)*1300 = 1300 U Labor efficiency variance = (SH-AH) *SR = (1360-1300)*12 = 720 F |
Exercise 10-2 (Algo) Direct Labor Variances (LO10-2] SkyChefs, Inc., prepares in-flight meals for a number of...
Exercise 10-2 Direct Labor Variances [LO10-2] SkyChefs, Inc., prepares in-flight meals for a number of major airlines. One of the company’s products is grilled salmon in dill sauce with baby new potatoes and spring vegetables. During the most recent week, the company prepared 3,500 of these meals using 1,710 direct labor-hours. The company paid its direct labor workers a total of $23,940 for this work, or $14.00 per hour. According to the standard cost card for this meal, it should...
EXERCISE 10–2 Direct Labor Variances LO10–2 SkyChefs, Inc., prepares in-flight meals for a number of major airlines. One of the company’s products is grilled salmon in dill sauce with baby new potatoes and spring vegetables. During the most recent week, the company prepared 4,000 of these meals using 960 direct labor-hours. The company paid its direct labor workers a total of $19,200 for this work, or $20.00 per hour. According to the standard cost card for this meal, it should...
Exercise 10-2 Direct Labor Variances [LO10-2] SkyChefs, Inc., prepares in-flight meals for a number of major airlines. One of the company’s products is grilled salmon in dill sauce with baby new potatoes and spring vegetables. During the most recent week, the company prepared 7,200 of these meals using 3,500 direct labor-hours. The company paid its direct labor workers a total of $31,500 for this work, or $9.00 per hour. According to the standard cost card for this meal, it should...
Exercise 10-2 Direct Labor Varlances [LO10-2] SkyChefs, Inc., prepares in-flight meals for a number of major airlines. One of the company's products is grilled salmon in dill sauce with baby new potatoes and spring vegetables. During the most recent week, the company prepared 5,100 of these meals using 2000 direct labor-hours. The company paid its direct labor workers a total of $28.000 for this work, or $14.00 per hour. According to the standard cost card for this meal, it should...
SkyChefs, Inc., prepares in-flight meals for a number of major airlines. One of the company’s products is grilled salmon in dill sauce with baby new potatoes and spring vegetables. During the most recent week, the company prepared 3,400 of these meals using 1,300 direct labor-hours. The company paid its direct labor workers a total of $16,900 for this work, or $13.00 per hour. According to the standard cost card for this meal, it should require 0.40 direct labor-hours at a...
Appl Saved Chapter10 Homework(E10-1.2,3) Exercise 10-2 Direct Labor Variances [LO10-2] 2 SkyChefs, Inc, prepares in-flight meals for a number of major airlines. One of the company's products is grilled salmon in dill sauce with baby new potatoes and spring vegetables. During the most recent week, the company prepared 6,500 of these meals using 3,200 direct labor-hours. The company paid its direct labor workers a total of $36,800 for this work, or $11.50 per hour. 10 ponts According to the standard...
Exercise 10-2 Direct Labor Variances [LO10-2] Sky Chefs, Inc., prepares in-flight meals for a number of major airlines. One of the company's products is grilled salmon in dill sauce with baby new potatoes and spring vegetables. During the most recent week, the company prepared 4,800 of these meals using 882 direct labor-hours. The company paid its direct labor workers a total of $10,143 for this work, or $11.50 per hour. According to the standard cost card for this meal, it...
Exercise 10-2 Direct Labor Variances (LO10-2] Sky Chefs, Inc., prepares in-flight meals for a number of major airlines. One of the company's products is grilled salmon in dill sauce with baby new potatoes and spring vegetables. During the most recent week, the company prepared 6,600 of these meals using 1,950 direct labor-hours. The company paid its direct labor workers a total of $27,300 for this work, or $14.00 per hour. According to the standard cost card for this meal, it...
8 Exerclse 10-2 Direct Labor Varlances [LO10-2] SkyChefs, Inc.. prepares in-flight meals for a number of major airlines. One of the company's products is grilled salmon in dill sauce with baby new potatoes and spring vegetables. During the most recent week, the company prepared 7.200 of these meals using 2.800 direct labor-hours. The company paid its direct labor workers a total of $22.400 for this work, or $8.00 per hour. 12.5 points According to the standard cost card for this...
SkyChefs, Inc., prepares in-flight meals for a number of major airlines. One of the company’s products is grilled salmon in dill sauce with baby new potatoes and spring vegetables. During the most recent week, the company prepared 7,200 of these meals using 2,800 direct labor-hours. The company paid its direct labor workers a total of $22,400 for this work, or $8.00 per hour. According to the standard cost card for this meal, it should require 0.40 direct labor-hours at a...